Applied Digital Corporation (APLD)
NASDAQ: APLD · Real-Time Price · USD
8.19
-0.06 (-0.73%)
At close: Sep 27, 2024, 4:00 PM
8.11
-0.08 (-0.98%)
After-hours: Sep 27, 2024, 7:58 PM EDT
Applied Digital Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Applied Digital stock have an average target of 9.67, with a low estimate of 5.00 and a high estimate of 16. The average target predicts an increase of 18.07% from the current stock price of 8.19.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for APLD stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 6 | 6 | 6 | 6 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $8 → $9 | Strong Buy | Maintains | $8 → $9 | +9.89% | Sep 13, 2024 |
| Needham | Needham | Strong Buy Reiterates $11 | Strong Buy | Reiterates | $11 | +34.31% | Sep 9, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $10 | Strong Buy | Maintains | $10 | +22.10% | Sep 5, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $11 → $10 | Strong Buy | Maintains | $11 → $10 | +22.10% | Aug 29, 2024 |
| Needham | Needham | Strong Buy Reiterates $11 | Strong Buy | Reiterates | $11 | +34.31% | Aug 29, 2024 |
Financial Forecast
Revenue This Year
274.88M
from 165.58M
Increased by 66.02%
Revenue Next Year
410.38M
from 274.88M
Increased by 49.29%
EPS This Year
-1.19
from -1.31
EPS Next Year
-1.26
from -1.19
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 361.2M | 442.4M | 465.8M |
| Avg | 274.9M | 410.4M | 452.5M |
| Low | 217.8M | 375.6M | 434.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 118.1% | 61.0% | 13.5% |
| Avg | 66.0% | 49.3% | 10.3% |
| Low | 31.5% | 36.7% | 5.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.48 | -1.23 | -0.90 |
| Avg | -1.19 | -1.26 | -0.88 |
| Low | -1.63 | -1.27 | -0.84 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.