Applied Digital Corporation (APLD)
| Market Cap | 1.69B |
| Revenue (ttm) | 189.96M |
| Net Income (ttm) | -142.11M |
| Shares Out | 211.25M |
| EPS (ttm) | -1.13 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 30,377,578 |
| Open | 8.11 |
| Previous Close | 8.05 |
| Day's Range | 7.81 - 8.35 |
| 52-Week Range | 2.36 - 11.25 |
| Beta | 4.57 |
| Analysts | Strong Buy |
| Price Target | 11.29 (+40.95%) |
| 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... [Read more]
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.
Financial StatementsAnalyst 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 40.95% from the latest price.
News
NewStar Exchange Acquires Newly Constructed Built-to-Rent ("BTR") Community in Charlotte, North Carolina and Launches New 1031 Delaware Statutory Trust Offering
ATLANTA , Dec. 19, 2024 /PRNewswire/ -- NEWSTAR Exchange, a subsidiary of NEWSTAR, announced today that it has acquired Hadley Crossing by Stella Homes, a single-family rental subdivision located in C...
Applied Digital Sets Fiscal Second Quarter 2025 Conference Call for Tuesday, January 14, 2025, at 5:00 p.m. Eastern Time
DALLAS, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure d...
Applied Digital Announces Ellendale HPC Data Center Development Milestone
ELLENDALE, N.D., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrast...
Applied Digital Closes $150 million Senior Secured Note With Macquarie Equipment Capital, Inc. to Refinance Existing Credit Facility With Former Senior Lender
DALLAS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital" or the “Company"), a designer, builder and operator of next-generation digital infrastructure de...
Final Trade: APLD, AMZN, HD, IWM
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Final Trade: APLD, PLTR, GLD, NDAQ
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Final Trade: West Pharma, Cameco, iShares Biotechnology ETF and Applied Digital Corp
The final trades of the day with the Fast Money traders.
Nvidia Stake Sends This AI Stock Higher Thursday
Shares of Applied Digital (APLD) surged over 4% in extended trading Thursday after Nvidia (NVDA) reported a stake in the company.
Applied Digital Corporation Announces Closing of $450 Million of Convertible Notes Offering
DALLAS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure d...
Applied Digital Corporation Announces Upsize and Pricing of $375 Million of Convertible Notes Offering
DALLAS, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure d...
Applied Digital Corporation Announces Proposed Private Offering of $300 Million of Convertible Notes
DALLAS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure d...
Applied Digital Corporation (APLD) Q1 2025 Earnings Call Transcript
Applied Digital Corporation (NASDAQ:APLD) Q1 2025 Earnings Conference Call October 9, 2024 5:00 PM ET Company Participants Matt Glover - IR, Gateway Group, Inc Wes Cummins - CEO David Rench - CFO Con...
Applied Digital Corp (APLD) Reports Q1 Revenue of $60.7M, Beating Estimates; EPS Loss of $0.
On October 9, 2024, Applied Digital Corp (APLD, Financial) released its 8-K filing for the fiscal first quarter ended August 31, 2024. The company, a leader in next-generation digital infrastructure, ...
Applied Digital Reports Fiscal First Quarter 2025 Results
DALLAS, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure d...
Top Wall Street Forecasters Revamp Applied Digital Price Expectations Ahead Of Q1 Earnings
Applied Digital Corporation APLD will release earnings results for its first quarter, after the closing bell on Wednesday, Oct. 9.
12 Stocks To Profit From The Boom In Data Centers And Artificial Intelligence
Amazon recently announced that it will invest several billions more in UK-based data centers. In the AI server space, Dell Technologies and Super Micro have also benefited from the data center boom, u...
Very good news for Applied Digital (APLD) stock; but risks remain
The Applied Digital (APLD) stock price has gone parabolic in the past few days, making it one of the best-performing companies in Wall Street. The stock surged to a high of $6.60, its highest point si...
Applied Digital: Q4 2024 Earnings And Nvidia Investment
Applied Digital faces significant financial challenges, including negative gross margins, and substantial net losses, necessitating recent capital raises. Despite raising $210 million, including a $16...
Nvidia Contributes to $160 Million Applied Digital Funding Round
Data center operator Applied Digital is the latest company benefiting from investors' artificial intelligence appetites. The firm raised $160 million in a financing round that included backers like AI...
Applied Digital surges on funding deal with investors, including Nvidia
Applied Digital shares soared nearly 43% in early trading on Thursday, after the data center operator said it would receive $160 million in financing from a group of investors, including chip giant Nv...
AI Supercomputing, Rural Development, and Data Centers with Applied Digital CEO Wes Cummins
On this episode of After Earnings, Katie Perry and Ann Berry chat with Wes Cummins, CEO of Applied Digital, about NVIDIA's latest earnings and how it's shaking up the tech world. They dive into what A...
Applied Digital Issues $53.2 Million Convertible Preferred Stock to Advance HPC Data Center Project and Accelerate Growth
DALLAS, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure d...
Martin Insurance Group Selects Applied Digital Agency to Strengthen Business Operations
Colorado-based insurance agency migrates to Applied Digital Agency to create standardized, digital policy workflows across its P&C business Colorado-based insurance agency migrates to Applied Digital ...
Guess?, Nvidia, Pure Storage, Applied Digital And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Thursday.
Applied Digital Corporation (APLD) Q4 2024 Earnings Call Transcript
Applied Digital Corporation (NASDAQ:APLD) Q4 2024 Earnings Conference Call August 28, 2024 5:00 PM ET Company Participants Matt Glover - IR, Gateway Group, Inc Wes Cummins - Chief Executive Officer D...