Applied Digital Corporation (APLD)
NASDAQ: APLD · Real-Time Price · USD
45.20
-1.39 (-2.98%)
At close: Jun 22, 2026, 4:00 PM EDT
45.15
-0.05 (-0.11%)
After-hours: Jun 22, 2026, 7:59 PM EDT

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 $73.36. The average 1-year stock price forecast is 62.30% higher than the current stock price, while the lowest is $40 (-11.50%) and the highest is $106 (+134.51%).

Price Target: $73.36 (+62.30%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$40$73.36$79$106
Change-11.50%+62.30%+74.78%+134.51%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy101010999
Buy222222
Hold000000
Sell000000
Strong Sell000000
Total121212111111

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Northland Securities
Northland Securities
Buy
Reiterates
$56$82
BuyReiterates$56$82+81.42%Jun 17, 2026
Craig-Hallum
Craig-Hallum
Buy
Reiterates
$75$79
BuyReiterates$75$79+74.78%Jun 9, 2026
Lake Street
Lake Street
Buy
Maintains
$70$90
BuyMaintains$70$90+99.12%Jun 9, 2026
Unknown Analyst
Lucid Capital
No rating
Lucid Capital
Buy
Reiterates
$78$83
BuyReiterates$78$83+83.63%Jun 9, 2026
Needham
Needham
Buy
Reiterates
$66$83
BuyReiterates$66$83+83.63%Jun 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
421.83M
from 144.19M
Increased by 192.55%
Revenue Next Year
739.30M
from 421.83M
Increased by 75.26%
EPS This Year
-0.33
from -0.32
EPS Next Year
-0.97
from -0.33
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingMay 31, 2021May 31, 2022May 31, 2023May 31, 2024May 31, 2025May 31, 2026
Revenue
-8.55M55.39M136.62M144.19M421.83M
Revenue Growth
--547.94%146.64%5.55%192.55%
Gross Profit
--957.00K11.00M29.97M42.74M119.55M
Gross Margin
--11.19%19.87%21.93%29.64%28.34%
Operating Income
-332.00K-19.59M-42.91M-15.06M-40.32M-163.89M
Net Income
-568.00K-23.52M-44.65M-149.27M-231.07M-212.50M
EPS
-----0.32-0.33
Free Cash Flow
--29.09M-59.55M-43.65M-542.86M-1.93B
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High480.0M
Avg421.8M
Low381.8M

Revenue Growth

Revenue Growth202620272028
High
232.9%
Avg
192.5%
Low
164.8%

EPS Forecast

EPS202620272028
High-0.33
Avg-0.33
Low-0.33

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-