Applied Digital Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, Applied Digital stock has a consensus rating of "Strong Buy" and an average price target of $59.94. The average 1-year stock price forecast is 258.49% higher than the current stock price, while the lowest is $22 (+31.58%) and the highest is $93 (+456.22%).

Price Target: $59.94 (+258.49%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$22	$59.94	$65	$93
Change	+31.58%	+258.49%	+288.76%	+456.22%

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	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26	Nov '26
Strong Buy	9	8	8	11	12	12
Buy	2	2	2	2	2	2
Hold	0	1	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	11	15	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Maintains $41 → $25	Hold	Maintains	$41 → $25	+49.52%	Nov 9, 2026
Nick Giles B. Riley Securities	B. Riley Securities	Buy Maintains $75 → $51	Buy	Maintains	$75 → $51	+205.02%	Oct 30, 2026
Bryan Baratian Roth MKM	Roth MKM	Buy Initiates $35	Buy	Initiates	$35	+109.33%	Oct 21, 2026
Eric Luebchow Wells Fargo	Wells Fargo	Buy Reiterates $50 → $55	Buy	Reiterates	$50 → $55	+228.95%	Oct 9, 2026
Darren Aftahi Lucid Capital	Lucid Capital	Buy Reiterates $83	Buy	Reiterates	$83	+396.41%	Oct 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

977.57M

from 611.31M

59.91%

from 611.31M

Revenue Next Year

1.97B

from 977.57M

101.09%

from 977.57M

EPS This Year

-1.06

from 0.11

EPS Next Year

-0.78

from -1.06

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	977.57M
Revenue Growth	-	547.94%	198.92%	38.05%	167.45%	59.91%
Operating Income	-19.59M	-42.91M	-80.54M	-96.07M	-174.41M	-115.18M
Net Income	-23.52M	-44.65M	-149.27M	-231.07M	-244.00M	-480.73M
EPS	-	-	-	-	0.11	-1.06
Free Cash Flow	-	-	-	-	-2.78B	-4.52B
No. Analysts	-	-	-	-	-	11

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

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	1.2B
Avg	977.6M
Low	755.2M

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	92.8%
Avg	59.9%
Low	23.5%

EPS Forecast

Chart

EPS	2027	2028	2029
High	-0.68
Avg	-1.06
Low	-1.41

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	-
Avg	-
Low	-