Applied Digital Corporation (APLD)
NASDAQ: APLD · Real-Time Price · USD
8.76
-0.40 (-4.37%)
At close: Nov 20, 2024, 4:00 PM
8.84
+0.08 (0.91%)
Pre-market: Nov 21, 2024, 5:49 AM EST
Applied Digital Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Applied Digital stock have an average target of 11.29, with a low estimate of 9.00 and a high estimate of 16. The average target predicts an increase of 28.88% from the current stock price of 8.76.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for APLD stock from 7 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 7 | 7 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $11 | Strong Buy | Reiterates | $11 | +25.57% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Reiterates $11 | Strong Buy | Reiterates | $11 | +25.57% | Oct 17, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $5 → $10 | Strong Buy | Maintains | $5 → $10 | +14.16% | Oct 16, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $7 → $11 | Strong Buy | Maintains | $7 → $11 | +25.57% | Oct 10, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +14.16% | Oct 10, 2024 |
Financial Forecast
Revenue This Year
273.18M
from 165.58M
Increased by 64.99%
Revenue Next Year
423.47M
from 273.18M
Increased by 55.02%
EPS This Year
-0.46
from -1.31
EPS Next Year
-0.35
from -0.46
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 335.1M | 501.9M | 526.2M |
| Avg | 273.2M | 423.5M | 511.1M |
| Low | 240.2M | 326.9M | 491.1M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 102.4% | 83.7% | 24.2% |
| Avg | 65.0% | 55.0% | 20.7% |
| Low | 45.1% | 19.7% | 16.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.30 | 0.05 | -0.96 |
| Avg | -0.46 | -0.35 | -0.93 |
| Low | -0.73 | -0.78 | -0.89 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| 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.