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 $74.23. The average 1-year stock price forecast is 159.09% higher than the current stock price, while the lowest is $37.5 (+30.89%) and the highest is $109 (+280.45%).

Price Target: $74.23 (+159.09%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$37.5	$74.23	$79	$109
Change	+30.89%	+159.09%	+175.74%	+280.45%

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	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	10	9	9	9	8	8
Buy	2	2	2	2	2	2
Hold	0	0	0	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	11	11	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Grondahl Northland Securities	Northland Securities	Buy Maintains $82	Buy	Maintains	$82	+186.21%	Aug 20, 2026
John Todaro Needham	Needham	Buy Maintains $83	Buy	Maintains	$83	+189.70%	Aug 14, 2026
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Reiterates $37 → $38	Hold	Reiterates	$37 → $38	+30.89%	Aug 6, 2026
Nick Giles B. Riley Securities	B. Riley Securities	Buy Maintains $66 → $75	Buy	Maintains	$66 → $75	+161.78%	Aug 3, 2026
Darren Aftahi Lucid Capital	Lucid Capital	Buy Reiterates $83	Buy	Reiterates	$83	+189.70%	Jul 29, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

780.63M

from 611.31M

27.70%

from 611.31M

Revenue Next Year

1.90B

from 780.63M

144.01%

from 780.63M

EPS This Year

-0.95

from 0.11

EPS Next Year

-0.25

from -0.95

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	780.63M
Revenue Growth	-	547.94%	198.92%	38.05%	167.45%	27.70%
Operating Income	-19.59M	-42.91M	-80.54M	-96.07M	-174.41M	79.02M
Net Income	-23.52M	-44.65M	-149.27M	-231.07M	-244.00M	-247.78M
EPS	-	-	-	-	0.11	-0.95
Free Cash Flow	-29.09M	-59.55M	-91.29M	-498.25M	-4.96B	-3.05B
No. Analysts	-	-	-	-	-	6

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

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	868.2M
Avg	780.6M
Low	495.5M

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	42.0%
Avg	27.7%
Low	-18.9%

EPS Forecast

Chart

EPS	2027	2028	2029
High	-0.72
Avg	-0.95
Low	-1.42

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	-
Avg	-
Low	-