Applied Digital Corporation (APLD)

Market Cap	1.89B
Revenue (ttm)	189.96M
Net Income (ttm)	-142.11M
Shares Out	215.37M
EPS (ttm)	-1.13
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	21,441,484
Open	9.37
Previous Close	9.16
Day's Range	8.70 - 9.68
52-Week Range	2.36 - 9.68
Beta	4.51
Analysts	Strong Buy
Price Target	11.29 (+28.88%)
Earnings Date	Jan 14, 2025

About APLD

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America. It operates through three segments: Data Center Hosting Business, Cloud Services 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 man...

• Industry: Information Technology Services
• Sector: Technology
• Founded: 2001
• Employees: 150
• Stock Exchange: NASDAQ
• Ticker Symbol: APLD
• Website: https://applieddigital.com

Financial Performance

In 2024, Applied Digital's revenue was $165.58 million, an increase of 198.92% compared to the previous year's $55.39 million. Losses were -$149.27 million, 234.4% more than in 2023.

Analyst Forecast

According to 7 analysts, the average rating for APLD stock is "Strong Buy." The 12-month stock price forecast is $11.29, which is an increase of 28.88% from the latest price.

Price Target

$11.29

(28.88% upside)

Analyst Consensus: Strong Buy