Applied Digital Corporation (APLD)

NASDAQ: APLD · Real-Time Price · USD
45.95
+0.38 (0.83%)
Jun 18, 2026, 2:39 PM EDT - Market open
Market Cap13.13B +470.1%
Revenue (ttm)319.26M +66.1%
Net Income-192.49M
EPS-0.74
Shares Out 285.77M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume9,048,097
Open47.19
Previous Close45.57
Day's Range45.66 - 47.78
52-Week Range9.02 - 50.73
Beta5.64
AnalystsStrong Buy
Price Target73.36 (+59.65%)
Earnings DateJul 29, 2026

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 fiscal year 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 $73.36, which is an increase of 59.65% from the latest price.

Price Target
$73.36
(59.65% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Applied Digital price target raised to $82 from $56 at Northland

Northland raised the firm’s price target on Applied Digital (APLD) to $82 from $56 and keeps an Outperform rating on the shares. The firm, which believes Applied’s management, site sourcing,…

1 day ago - TheFly

3 ‘Strong Buy’ Data Center Stocks with 30%+ Upside — June 12, 2026

Applied Digital ($APLD), GE Vernova ($GEV), and Dycom ($DY) are the three data center-related companies that have more than 30% upside on Wall Street. These stocks are also rated a…

Other symbols: DYGEV
5 days ago - TipRanks

CoreWeave’s (CRWV) Credit Risk Plummets as Applied Digital Raises $1.59 Billion

Applied Digital ($APLD) is seeing much lower borrowing costs than before for an AI data-center project tied to CoreWeave ($CRWV), which shows that investor worries about CoreWeave’s credit risk have…

Other symbols: AMZNCRWVGOOGL
7 days ago - TipRanks

Applied Digital Announces Pricing of $1.59 Billion of Senior Secured Notes to fund the Fourth Building at Polaris Forge 1

DALLAS, June 09, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ: APLD) (“Applied Digital” or the “Company”), a leading designer, builder and operator of high-performance, sustainably eng...

8 days ago - GlobeNewsWire

‘Load Up’: Applied Digital (APLD) Stock Remains One of AI’s Best Bets, Says Top Analyst

Applied Digital’s (NASDAQ:APLD) deal-making activity is grabbing the headlines again after the AI infrastructure firm announced on Monday that it had nabbed a third billion-dollar hyperscaler agreemen...

9 days ago - TipRanks

Applied Digital stock jumps on $5.2B AI lease: why analysts see more upside ahead

Shares of Applied Digital (APLD) climbed more than 10% on Tuesday after the company announced a major long-term agreement with a large cloud-computing customer, underscoring the sustained demand for a...

9 days ago - Invezz

Applied Digital price target raised to $79 from $75 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Applied Digital (APLD) to $79 from $75 and keeps a Buy rating on the shares following the company’s announcement of another lease with…

9 days ago - TheFly

Applied Digital price target raised to $90 from $70 at Lake Street

Lake Street raised the firm’s price target on Applied Digital (APLD) to $90 from $70 and keeps a Buy rating on the shares. The third contract with a U.S. based…

9 days ago - TheFly

Applied Digital Signs $5.2 Billion Lease With Mystery Hyperscaler. The Stock Is Soaring.

The data-center developer announces the signing of a 15-year lease at a secretive new artificial-intelligence campus somewhere in a southern U.S. state.

9 days ago - Barrons

Applied Digital to offer $1.59B of senior secured notes due 2031

Applied Digital (APLD) announced that its subsidiary, APLD ComputeCo 3, intends to offer, subject to market conditions and other factors, $1.59B aggregate principal amount of senior secured notes due ...

9 days ago - TheFly

Applied Digital Announces Proposed Offering of $1.59 Billion of Senior Secured Notes to fund the Fourth Building at Polaris Forge 1

DALLAS, June 09, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ: APLD) (“Applied Digital” or the “Company”), a leading designer, builder and operator of high-performance, sustainably eng...

9 days ago - GlobeNewsWire

Applied Digital price target raised to $83 from $66 at Needham

Needham analyst John Todaro raised the firm’s price target on Applied Digital (APLD) to $83 from $66 and keeps a Buy rating on the shares after the company announced a…

9 days ago - TheFly

Applied Digital Slides: Investor presentation

Applied Digital has posted slides in relation to its latest quarterly earnings report, which was published on June 9, 2026.

9 days ago - Filings

Why Is Applied Digital Stock (APLD) Soaring Today — June 9, 2026?

Applied Digital Corporation’s ($APLD) shares jumped over 11% during Tuesday’s pre-market session after the data center developer landed its third 15-year lease agreement with the same client. It shows...

Other symbols: CRWV
9 days ago - TipRanks

Applied Digital signs $5.2 billion AI data center lease with U.S. hyperscaler

Applied Digital has signed a 15-year lease with a U.S.-based hyperscaler at its Delta Forge 2 site ​which is expected to generate about $5.2 billion in ‌revenue over the period, sending the company's ...

9 days ago - Reuters

Applied Digital announces new long-term lease agreement at Delta Forge 2

Applied Digital (APLD) announced it has entered into a new long-term lease agreement at Delta Forge 2, a purpose-built AI Factory campus located in a new southern state. The lease…

9 days ago - TheFly

Applied Digital Signs 210 MW Lease at Delta Forge 2, Expanding Its AI Factory Franchise Model to a Fifth Campus

DALLAS, June 08, 2026 (GLOBE NEWSWIRE) -- Applied Digital (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artific...

9 days ago - GlobeNewsWire

Applied Digital Stock (APLD) Rises as Data Center Developer Arms Up with New Capital

Data center developer Applied Digital Corporation’s ($APLD) shares edged higher on Monday after securing up to $550 million in new capital to further build out its AI infrastructure. The Texas-based…

Other symbols: CRWVGS
10 days ago - TipRanks

Applied Digital Secures Revolving Credit Facility of Up To $550 Million in Support of Strategic Growth

DALLAS, June 08, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ: APLD) (“Applied Digital” or the “Company”), a leading designer, builder and operator of high-performance, sustainably eng...

10 days ago - GlobeNewsWire

Bitcoin's high conviction holders are turning into sellers as the crypto's price hits new lows

In the past two days, bitcoin's highest conviction holders have sold about $2.4 billion in bitcoin. Of the bitcoin sold in the past 30 days, 26% came from investors who bought it above $90,000.

15 days ago - CNBC

3 Overlooked ‘Strong Buy’ Data Center Stocks, 6/2/26

GDS Holdings ($GDS), NEXTDC Limited ($NXDCF), and Applied Digital ($APLD) are the three data center-related names that hold significant upside and carry a Strong Buy rating from Wall Street, according...

Other symbols: GDS
15 days ago - TipRanks

Applied Digital CEO Wes Cummins on AI buildout, hyperscaler demand and spending

Applied Digital chairman and CEO Wes Cummins joins CNBC's 'Squawk on the Street' discuss the company's new $7.5 billion hyperscaler lease, the demand for hyperscaler and spending trends.

22 days ago - CNBC Television

The Big 3: BE, APLD, AAPL

Tim Bohen (@Stockstotrade) believes the stock market remains resilient despite all of the volatility surrounding global trade. His bull thesis revolves around the AI evolution and highlights stocks he...

Other symbols: AAPLBE
27 days ago - Schwab Network

Needham says Polaris Forge 3 lease agreement could drive Applied Digital stock higher

Applied Digital (APLD) rallied on May 21 after Needham said the firm's 15-year lease agreement for 300 MW of critical capacity at its advanced Polaris Forge 3 data center campus in North Dakota will d...

27 days ago - Invezz

Applied Digital Reaches Significant Milestone, Surpassing 1 GW of Contracted Capacity with U.S. Based High Investment-Grade Hyperscaler Lease at Fourth Campus, Polaris Forge 3

Applied Digital signs $7.5B long-term lease agreement with U.S. based high investment-grade hyperscaler for fourth AI Factory campus, Polaris Forge 3.

4 weeks ago - GlobeNewsWire