Applied Digital Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, Applied Digital stock has a consensus rating of "Strong Buy" and an average price target of $66.18. The average 1-year stock price forecast is 169.79% higher than the current stock price, while the lowest is $22 (-10.31%) and the highest is $109 (+344.35%).

Price Target: $66.18 (+169.79%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$22	$66.18	$72.5	$109
Change	-10.31%	+169.79%	+195.56%	+344.35%

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

Chart

Rating	Apr '26	May '26	Jun '26	Jul '26	Aug '26	Sep '26
Strong Buy	9	9	9	8	8	10
Buy	2	2	2	2	2	2
Hold	0	0	0	1	1	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	11	11	11	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
George Sutton Craig-Hallum	Craig-Hallum	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Sep 25, 2026
Ryan Gravett UBS	UBS	Buy Initiates $38	Buy	Initiates	$38	+54.91%	Sep 23, 2026
Alexander Haissl Rothschild & Co Redburn	Rothschild & Co Redburn	Hold Initiates $22	Hold	Initiates	$22	-10.31%	Sep 21, 2026
Eric Luebchow Wells Fargo	Wells Fargo	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Sep 20, 2026
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Reiterates $38	Hold	Reiterates	$38	+52.87%	Sep 18, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

830.03M

from 611.31M

35.78%

from 611.31M

Revenue Next Year

1.92B

from 830.03M

131.12%

from 830.03M

EPS This Year

-1.09

from 0.11

EPS Next Year

-0.48

from -1.09

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	May 31, 2022	May 31, 2023	May 31, 2024	May 31, 2025	May 31, 2026	May 31, 2027
Revenue	8.55M	55.39M	165.58M	228.57M	611.31M	830.03M
Revenue Growth	-	547.94%	198.92%	38.05%	167.45%	35.78%
Gross Profit	-957.00K	11.00M	17.24M	11.81M	158.20M	301.97M
Gross Margin	-11.19%	19.87%	10.41%	5.17%	25.88%	36.38%
Operating Income	-19.59M	-42.91M	-80.54M	-96.07M	-174.41M	72.62M
Net Income	-23.52M	-44.65M	-149.27M	-231.07M	-244.00M	-263.47M
EPS	-	-	-	-	0.11	-1.09
Free Cash Flow	-	-	-	-	-2.78B	-3.44B
No. Analysts	-	-	-	-	-	8

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	868.0M
Avg	830.0M
Low	797.0M

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	42.0%
Avg	35.8%
Low	30.4%

EPS Forecast

Chart

EPS	2027	2028	2029
High	-0.72
Avg	-1.09
Low	-1.48

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	-
Avg	-
Low	-