Applied Digital Corporation (APLD)
NASDAQ: APLD · Real-Time Price · USD
10.65
+0.47 (4.62%)
At close: Feb 21, 2025, 4:00 PM
10.78
+0.13 (1.22%)
After-hours: Feb 21, 2025, 7:59 PM EST

Applied Digital Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Applied Digital stock have an average target of 12.11, with a low estimate of 9.00 and a high estimate of 20. The average target predicts an increase of 13.71% from the current stock price of 10.65.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $9.00 $12.11 $11 $20
Change -15.49% +13.71% +3.29% +87.79%

Analyst Ratings

The average analyst rating for Applied Digital stock from 9 stock analysts 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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 677777
Buy 000012
Hold 000000
Sell 000000
Strong Sell 000000
Total 677789

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$12$20
Buy Maintains $12$20 +87.79% Feb 4, 2025
Compass Point
Compass Point
Strong Buy
Initiates
$10
Strong Buy Initiates $10 -6.10% Jan 28, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$10$12
Strong Buy Maintains $10$12 +12.68% Jan 15, 2025
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$15$14
Buy Maintains $15$14 +31.46% Jan 15, 2025
Needham
Needham
Strong Buy
Reiterates
$11
Strong Buy Reiterates $11 +3.29% Jan 15, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
261.39M
from 165.58M
Increased by 57.87%
Revenue Next Year
387.62M
from 261.39M
Increased by 48.29%
EPS This Year
-0.90
from -1.31
EPS Next Year
-0.45
from -0.90
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending May 31, 2020 May 31, 2021 May 31, 2022 May 31, 2023 May 31, 2024 May 31, 2025 May 31, 2026 May 31, 2027
Revenue
--8.55M55.39M165.58M261.39M387.62M611.61M
Revenue Growth
---547.94%198.92%57.87%48.29%57.79%
EPS
-0.17-0.38-0.41-0.48-1.31-0.90-0.45-1.32
EPS Growth
--------
Forward PE
--------
No. Analysts -----1184
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 297.9M 458.1M 751.5M
Avg 261.4M 387.6M 611.6M
Low 241.6M 283.0M 473.8M

Revenue Growth

Revenue Growth 202520262027
High
79.9%
75.2%
93.9%
Avg
57.9%
48.3%
57.8%
Low
45.9%
8.3%
22.2%

EPS Forecast

EPS 202520262027
High -0.30 0.02 -1.21
Avg -0.90 -0.45 -1.32
Low -1.23 -1.13 -1.41

EPS Growth

EPS Growth 202520262027
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.