Applied Digital Corporation (APLD)

Market Cap	1.98B
Revenue (ttm)	211.62M
Net Income (ttm)	-270.93M
Shares Out	222.90M
EPS (ttm)	-1.79
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	22,759,718
Open	9.17
Previous Close	8.98
Day's Range	8.58 - 9.20
52-Week Range	2.36 - 11.25
Beta	4.64
Analysts	Strong Buy
Price Target	11.88 (+33.48%)
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 8 analysts, the average rating for APLD stock is "Strong Buy." The 12-month stock price forecast is $11.88, which is an increase of 33.48% from the latest price.

Price Target

$11.88

(33.48% upside)

Analyst Consensus: Strong Buy