Applied Digital Corporation (APLD)

NASDAQ: APLD · Real-Time Price · USD
36.04
+1.69 (4.92%)
Oct 28, 2025, 2:30 PM EDT - Market open
4.92%
Market Cap10.08B
Revenue (ttm)173.56M
Net Income (ttm)-247.89M
Shares Out 279.69M
EPS (ttm)-1.09
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume24,229,325
Open34.20
Previous Close34.35
Day's Range33.63 - 37.17
52-Week Range3.31 - 40.20
Beta6.59
AnalystsStrong Buy
Price Target29.36 (-18.53%)
Earnings DateOct 9, 2025

About APLD

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The c... [Read more]

Sector Technology
Founded 2001
Employees 205
Stock Exchange NASDAQ
Ticker Symbol APLD
Full Company Profile

Financial Performance

In 2025, Applied Digital's revenue was $144.19 million, an increase of 5.54% compared to the previous year's $136.62 million. Losses were -$233.68 million, 56.5% more than in 2024.

Financial Statements

Analyst Summary

According to 11 analysts, the average rating for APLD stock is "Strong Buy." The 12-month stock price target is $29.36, which is a decrease of -18.53% from the latest price.

Price Target
$29.36
(-18.53% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Applied Digital Achieves Ready for Service for Phase 1 at Polaris Forge 1 Building 1 for CoreWeave

DALLAS, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Applied Digital (NASDAQ: APLD) achieved successful and on-time Ready for Service (RFS) for the first phase (50 MW), at the first 100 megawatt (MW) building at...

1 day ago - GlobeNewsWire

3 Stocks Powering Data Center Growth

Data centers are central to AI's physical infrastructure, with 25.6% annual growth projected through 2034, and investment expected to exceed traditional office buildings in 2025. Hyperscalers, chip st...

Other symbols: JCIPSTG
5 days ago - Seeking Alpha

Applied Digital: Powering The AI Boom

Applied Digital Corporation (APLD) is positioned as a key AI infrastructure provider, with rapid expansion and major contracts like CoreWeave driving long-term growth. APLD's revenue is set to surge a...

5 days ago - Seeking Alpha

Looking For The Next Beyond Meat? Here Are The Top 10 Most Shorted Stocks

Investors searching for the next Beyond Meat, Inc. (NYSE:BYND) — the latest poster child for explosive short squeezes — are eyeing the most shorted stocks as potential candidates for outsized rallies.

6 days ago - Benzinga

Applied Digital signs $5 billion AI factory lease with U.S. based hyperscaler

Applied Digital signs $5 billion AI infrastructure lease with U.S. based hyperscaler. The approximately 15-year lease will bring the company's total lease capacity to 600 MW across two campuses in Nor...

6 days ago - CNBC

Applied Digital CEO on $5 billion AI infrastructure lease with U.S.-based hyperscaler

Applied Digital CEO Wes Cummins joins CNBC's ‘Squawk on the Street' to discuss the company's $5 billion AI infrastructure lease with a U.S.-based hyperscaler, what this deal means for the company, and...

6 days ago - CNBC Television

Applied Digital stock surges after $5B AI contract: here's all you need to know

Applied Digital stock (Nasdaq:APLD) soared on Wednesday after the company signed a roughly $5 billion, 15-year AI compute lease with a major US hyperscaler for 200 MW of capacity at its Polaris Forge ...

6 days ago - Invezz

Applied Digital signs $5 billion AI infrastructure lease with hyperscaler

Applied Digital on Wednesday signed a $5 billion lease with a U.S.-based hyperscaler for 200 MW at its Polaris Forge 2 campus in North Dakota, sending its shares up 4% in premarket trading.

6 days ago - Reuters

Applied Digital Announces $5 Billion AI Factory Lease with U.S. Based Investment Grade Hyperscaler at Polaris Forge 2 ND Campus

DALLAS, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Applied Digital (NASDAQ: APLD) announced today that it has entered into a lease agreement with a U.S. Based Investment Grade Hyperscaler at its state-of-the-a...

6 days ago - GlobeNewsWire

Top 2 Tech Stocks That May Fall Off A Cliff This Month

As of Oct. 20, 2025, two stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: WOLF
8 days ago - Benzinga

Applied Digital: I See No Froth

Applied Digital is rated a buy, driven by robust AI compute demand and aggressive data center expansion. APLD's revenue surged 84% year-over-year, with Polaris Forge 1 fully leased and Polaris Forge 2...

10 days ago - Seeking Alpha

Applied Digital: The Overlooked Powerhouse Behind The AI Boom

Applied Digital transformed from a blockchain host into an AI infrastructure utility, constructing and leasing hyperscale GPU data centers nationwide. The $11 billion CoreWeave lease covers 400 MW at ...

11 days ago - Seeking Alpha

Lance Roberts Expects the Year to End Higher; Picks META, APLD, VRT

“Everything's doing great” as we head into a traditionally strong part of the year, Lance Roberts argues. “The outlook's good for stocks right now,” he adds, but cautions investors not to let go of ri...

Other symbols: METAVRT
12 days ago - Schwab Network

After Big Rally, What's Next For Applied Digital Stock?

Applied Digital (NASDAQ:APLD) is a digital infrastructure company that designs, constructs, and operates AI-first data centers and high-performance computing (HPC) facilities. The stock has increased ...

13 days ago - Forbes

Applied Digital: A Strong Play On The AI Boom

Applied Digital delivered strong Q1 results, fueled by surging demand for AI server infrastructure. APLD reported 84% year-over-year revenue growth for Q1 last week, driven by its strategic pivot from...

13 days ago - Seeking Alpha

APLD Continues Record High Amid Bitcoin Pricing, CRWV & Growing A.I. Demand

Applied Digital (APLD) saw yet another new all-time high as its post-earnings momentum carried the rally into a new week. A rebound in Bitcoin is one factor George Tsilis sees benefitting the company,...

Other symbols: CRWV
14 days ago - Schwab Network

APLD Muscles Through Market Sell-Off After Earnings

Applied Digital (APLD) showed a strong green shoot during Friday's market sell-off. As George Tsilis notes, the data center and cooling tech company posted an earnings beat that impressed the Street.

18 days ago - Schwab Network

The Big 3: WULF, APLD, UUUU

"Nothing's going to stop this train" when it comes to the A.I. trade, says @Stockstotrade's Tim Bohen.

Other symbols: UUUUWULF
18 days ago - Schwab Network

Applied Digital stock climbs 16% as AI demand fuels data center growth

Applied Digital stocks surged 16% Friday after the company posted strong first-quarter revenue results. The company expanded on its $7 billion lease agreement for artificial intelligence data centers ...

18 days ago - CNBC

Applied Digital's CoreWeave Deal Just Became An $11 Billion AI Power Play

Applied Digital Corp (NASDAQ:APLD) has inked one of the biggest capacity expansions yet in the AI data center race.

Other symbols: CRWV
18 days ago - Benzinga

Applied Digital Analysts Boost Their Forecasts Following Upbeat Earnings

Applied Digital Corp (NASDAQ:APLD) reported better-than-expected financial results for the first quarter of fiscal 2026 after the market close on Thursday.

18 days ago - Benzinga

Here's Why Applied Digital Stock Is Soaring Friday

Shares of Applied Digital (APLD) soared more than 20% Friday morning after the artificial intelligence (AI) data center service provider posted better-than-expected sales on rising demand.

18 days ago - Investopedia

Applied Digital: In AI Dollar We Trust (Rating Upgrade)

Applied Digital Corp is surging on the Q1 report: revenue came in $14.2M higher than expected, and Polaris Forge 2 is under construction, bringing more capacity to lease out. The CoreWeave deal is mor...

18 days ago - Seeking Alpha

Applied Digital Q1: $1 Billion NOI Is A Game Changer

Applied Digital is poised for significant growth, with Q1 results highlighting underappreciated AI-driven data center expansion and a strong outlook. Applied's partnership with CoreWeave and rapid bui...

18 days ago - Seeking Alpha

Applied Digital shares rally after upbeat quarterly revenue on AI demand

Applied Digital's shares surged 26% on Friday after the data center service provider topped analysts' estimates for first-quarter revenue, bolstered by rising adoption of artificial intelligence appli...

18 days ago - Reuters