Applied Digital Corporation (APLD)
NASDAQ: APLD · Real-Time Price · USD
19.45
+1.40 (7.76%)
Oct 19, 2026, 10:32 AM EDT - Market open

Applied Digital Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, Applied Digital stock has a consensus rating of "Strong Buy" and an average price target of $64.27. The average 1-year stock price forecast is 230.44% higher than the current stock price, while the lowest is $22 (+13.11%) and the highest is $93 (+378.15%).

Price Target: $64.27 (+230.44%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$22$64.27$70$93
Change+13.11%+230.44%+259.90%+378.15%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy99881111
Buy222222
Hold001122
Sell000000
Strong Sell000000
Total111111111515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Buy
Reiterates
$50 → $55
BuyReiterates$50 → $55+182.78%Oct 9, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$38 → $41
HoldMaintains$38 → $41+110.80%Oct 9, 2026
Lucid Capital
Lucid Capital
Buy
Reiterates
$83
BuyReiterates$83+326.74%Oct 8, 2026
Needham
Needham
Buy
Maintains
$83 → $70
BuyMaintains$83 → $70+259.90%Oct 8, 2026
Craig-Hallum
Craig-Hallum
Buy
Maintains
n/a
BuyMaintainsn/an/aSep 25, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
956.71M
from 611.31M
Increased by 56.50%
Revenue Next Year
1.96B
from 956.71M
Increased by 104.53%
EPS This Year
-1.06
from 0.11
EPS Next Year
-0.78
from -1.06
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMay 31, 2022May 31, 2023May 31, 2024May 31, 2025May 31, 2026May 31, 2027
Revenue
8.55M55.39M165.58M228.57M611.31M956.71M
Revenue Growth
-547.94%198.92%38.05%167.45%56.50%
Operating Income
-19.59M-42.91M-80.54M-96.07M-174.41M-70.88M
Net Income
-23.52M-44.65M-149.27M-231.07M-244.00M-413.32M
EPS
----0.11-1.06
Free Cash Flow
-----2.78B-4.41B
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High1.2B
Avg956.7M
Low755.2M

Revenue Growth

Revenue Growth202720282029
High
92.8%
Avg
56.5%
Low
23.5%

EPS Forecast

EPS202720282029
High-0.68
Avg-1.06
Low-1.41

EPS Growth

EPS Growth202720282029
High-
Avg-
Low-