Applied Digital Corporation (APLD)

Applied Digital Stock Forecast

Stock Price Forecast

The 12 analysts that cover Applied Digital stock have a consensus rating of "Strong Buy" and an average price target of $38.33, which forecasts a 14.25% increase in the stock price over the next year. The lowest target is $13 and the highest is $58.

Price Target: $38.33 (+14.25%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$13	$38.33	$40	$58
Change	-61.25%	+14.25%	+19.23%	+72.88%

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

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	7	7	8	8	8	8
Buy	3	3	3	3	3	3
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Todaro Needham	Needham	Strong Buy Reiterates $48	Strong Buy	Reiterates	$48	+43.07%	Apr 28, 2026
John Todaro Needham	Needham	Strong Buy Maintains $41 → $48	Strong Buy	Maintains	$41 → $48	+43.07%	Apr 24, 2026
John Todaro Needham	Needham	Strong Buy Maintains $41 → $48	Strong Buy	Maintains	$41 → $48	+43.07%	Apr 23, 2026
Greg P. Miller Citizens	Citizens	Buy Reiterates $40	Buy	Reiterates	$40	+19.23%	Apr 9, 2026
Nick Giles B. Riley Securities	B. Riley Securities	Strong Buy Maintains $47 → $53	Strong Buy	Maintains	$47 → $53	+57.97%	Jan 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

380.45M

Increased by 163.85%

from 144.19M

Revenue Next Year

627.03M

Increased by 64.81%

from 380.45M

EPS This Year

-0.49

from -1.16

EPS Next Year

-0.74

from -0.49

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	May 31, 2021	May 31, 2022	May 31, 2023	May 31, 2024	May 31, 2025	May 31, 2026	May 31, 2027
Revenue	-	8.55M	55.39M	136.62M	144.19M	380.45M	627.03M
Revenue Growth	-	-	547.94%	146.64%	5.55%	163.85%	64.81%
EPS	-0.38	-0.41	-0.48	-1.31	-1.16	-0.49	-0.74
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	16	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030	2031	2032
High	453.2M	929.7M
Avg	380.5M	627.0M
Low	288.1M	348.1M

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030	2031	2032
High	214.3%	144.4%
Avg	163.8%	64.8%
Low	99.8%	-8.5%

EPS Forecast

EPS	2026	2027	2028
High	-0.34	-0.38
Avg	-0.49	-0.74
Low	-1.00	-1.48

EPS Growth

EPS Growth	2026	2027	2028
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 sources.