Applied Digital Corporation (APLD)
NASDAQ: APLD · Real-Time Price · USD
47.28
-2.37 (-4.77%)
At close: May 29, 2026, 4:00 PM EDT
47.05
-0.23 (-0.49%)
Pre-market: Jun 1, 2026, 4:58 AM EDT
Applied Digital Stock Forecast
Stock Price Forecast
According to 11 analysts polled by S&P Global, Applied Digital stock has a consensus rating of "Strong Buy" and an average price target of $64.59. The average 1-year stock price forecast is 36.61% higher than the current stock price, while the lowest is $40 (-15.40%) and the highest is $106 (+124.20%).
Price Target: $64.59 (+36.61%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Applied Digital stock 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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 10 | 9 | 9 | 9 | 6 | 8 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 9 | 9 | 9 | 6 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Buy Maintains $66 | Buy | Maintains | $66 | +39.59% | May 28, 2026 |
| B. Riley Securities | B. Riley Securities | Buy Reiterates $53 → $66 | Buy | Reiterates | $53 → $66 | +39.59% | May 27, 2026 |
Unknown Analyst Lucid Capital No rating | Lucid Capital | Buy Initiates $78 | Buy | Initiates | $78 | +63.92% | May 27, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Reiterates $46 → $51 | Buy | Reiterates | $46 → $51 | +7.87% | May 21, 2026 |
| Lake Street | Lake Street | Buy Reiterates $70 | Buy | Reiterates | $70 | +48.05% | May 21, 2026 |
Financial Forecast
Revenue This Year
417.43M
from 144.19M
Increased by 189.49%
Revenue Next Year
738.80M
from 417.43M
Increased by 76.99%
EPS This Year
-0.57
from -1.16
EPS Next Year
-0.55
from -0.57
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 453.2M | 950.3M | |||||
| Avg | 417.4M | 738.8M | |||||
| Low | 359.9M | 431.6M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 214.3% | 127.6% | |||||
| Avg | 189.5% | 77.0% | |||||
| Low | 149.6% | 3.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | -0.35 | 0.72 | ||
| Avg | -0.57 | -0.55 | ||
| Low | -0.66 | -1.33 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | - | - | ||
| Avg | - | - | ||
| Low | - | - |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.