Applied Digital Corporation (APLD)

Applied Digital Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, Applied Digital stock has a consensus rating of "Strong Buy" and an average price target of $58.6. The average 1-year stock price forecast is 27.75% higher than the current stock price, while the lowest is $40 (-12.80%) and the highest is $97 (+111.47%).

Price Target: $58.6 (+27.75%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$40	$58.6	$54.5	$97
Change	-12.80%	+27.75%	+18.81%	+111.47%

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	7	8	8	8	8	8
Buy	3	3	3	3	3	4
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	12	12	12	12	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rob Brown Lake Street	Lake Street	Strong Buy Maintains $55 → $70	Strong Buy	Maintains	$55 → $70	+52.61%	May 21, 2026
Gregory Miller Citizens	Citizens	Buy Maintains $40 → $60	Buy	Maintains	$40 → $60	+30.80%	May 21, 2026
John Todaro Needham	Needham	Strong Buy Maintains $51 → $66	Strong Buy	Maintains	$51 → $66	+43.88%	May 21, 2026
John Todaro Needham	Needham	Strong Buy Maintains $48 → $51	Strong Buy	Maintains	$48 → $51	+11.18%	May 15, 2026
John Todaro Needham	Needham	Strong Buy Reiterates $48	Strong Buy	Reiterates	$48	+4.64%	Apr 28, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

417.43M

Increased by 189.49%

from 144.19M

Revenue Next Year

738.80M

Increased by 76.99%

from 417.43M

EPS This Year

-0.57

from -1.16

EPS Next Year

-0.55

from -0.57

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	417.43M	738.80M
Revenue Growth	-	-	547.94%	146.64%	5.55%	189.49%	76.99%
EPS	-0.38	-0.41	-0.48	-1.31	-1.16	-0.57	-0.55
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	950.3M
Avg	417.4M	738.8M
Low	359.9M	431.6M

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030	2031	2032
High	214.3%	127.6%
Avg	189.5%	77.0%
Low	149.6%	3.4%

EPS Forecast

EPS	2026	2027	2028
High	-0.35	0.72
Avg	-0.57	-0.55
Low	-0.66	-1.33

EPS Growth

EPS Growth	2026	2027	2028
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.