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APLD Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
49.472
Open
49.400
VWAP
47.65
Vol
21.83M
Mkt Cap
13.51B
Low
46.200
Amount
1.04B
EV/EBITDA(TTM)
687.29
Total Shares
285.77M
EV
15.53B
EV/OCF(TTM)
--
P/S(TTM)
38.50
Applied Digital Corporation is a designer, builder, and operator of sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads. The Company’s segments include data center hosting (Data Center Hosting Business) and high-performance compute hosting (HPC Hosting Business). The Data Center Hosting Business operates data centers to provide energized space to crypto mining customers. Customer-owned hardware is installed in its facilities, and the Company provides operational and maintenance services for a fixed fee. Its facilities include a 106 megawatt (MW) facility in Jamestown and a 180 MW facility in Ellendale, North Dakota. The HPC Hosting Business designs, builds, and operates data centers which are designed to support high-compute applications using advanced technologies and infrastructures to provide services to customers. Its HPC data center is located at its Polaris Forge 1 campus with 100 MW capacity.
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Events Timeline

(ET)
2026-05-21
16:30:00
Nasdaq Rises on Nvidia Earnings Report
select
2026-05-21
12:00:00
Nasdaq Declines as Nvidia Announces $80B Buyback
select
2026-05-21
09:00:00
Stock Futures Decline as Treasury Yields Rise
select
2026-05-20 (ET)
2026-05-20
19:50:00
U.S. Stocks Rally After Bond Market Shock, Nvidia Beats Estimates
select

News

CNBC
8.5
05-28CNBC
Aschenbrenner's Major Investment in Nebius Sparks Wall Street Attention
  • Portfolio Highlight: Aschenbrenner's hedge fund, Situational Awareness, holds 12.4 million Class A shares of Nebius, representing a 5.6% stake, making it the fund's largest equity investment, reflecting strong confidence in the cloud computing sector.
  • Fund Size and Background: As of the end of March, Situational Awareness reported approximately $4 billion in investments, and despite Aschenbrenner's lack of professional money management experience, the fund has garnered support from several prominent tech and investment figures, indicating its potential in the AI space.
  • Diverse Investment Strategy: The fund invests not only in publicly traded companies expected to benefit from AI adoption but also backs startups like Anthropic, while also taking smaller short positions against industries that may be disrupted by AI, showcasing its adaptive market response capabilities.
  • Market Risk Management: Situational Awareness disclosed sizable put-option positions linked to Nvidia, Broadcom, and others, indicating a proactive approach to hedge against overheated market risks while pursuing returns, ensuring the stability of its investment portfolio.
seekingalpha
8.5
05-27seekingalpha
Applied Digital Announces Major AI Infrastructure Initiative
  • Massive Investment: Applied Digital announced a $3.6 billion investment to develop its first AI Factory, Delta Forge 1, in Rapides Parish, Louisiana, aimed at supporting large-scale AI training and inference workloads, significantly enhancing the company's competitive edge in the AI infrastructure sector.
  • Rapid Capacity Expansion: With this expansion, Applied Digital has surpassed 1.2 GW of contracted AI Factory capacity across four campuses, showcasing the company's rapid growth in the burgeoning AI infrastructure market.
  • Positive Stock Reaction: Following the announcement of this major investment, Applied Digital's shares rose over 6% to approximately $48.14, reflecting investor optimism regarding the scale of the expansion, despite recent market volatility.
  • Long-term Strategic Vision: Chairman and CEO Wes Cummins emphasized that this investment reflects the company's long-term vision of building high-performance digital infrastructure in underserved regions, aiming to capitalize on future growth potential.
Fool
8.5
05-22Fool
Applied Digital Positioned for Growth Amid AI Boom
  • Massive Market Potential: A UNCTAD report predicts that the global AI market could grow 25 times from 2023 to 2033, reaching annual revenues of $4.8 trillion, which will significantly accelerate the growth of companies involved in AI infrastructure.
  • Long-Term Lease Revenue: Applied Digital is building 1 gigawatt of data center capacity, with 90% secured through long-term leases, creating a stable revenue stream, particularly with its partnership with CoreWeave expected to generate $11 billion in lease revenue over 15 years.
  • Expanding Client Base: Applied Digital has a 400 MW lease agreement with CoreWeave, and as CoreWeave secures contracts with major clients like OpenAI, Applied Digital is likely to gain more data center construction business, further increasing its market share.
  • Optimistic Growth Outlook: Applied Digital's stock has surged 436% over the past year, and despite a high price-to-sales ratio of 27, its long-term lease revenue pipeline and data center expansion potential suggest strong future growth, with all analysts covering the stock rating it a buy.
NASDAQ.COM
8.5
05-22NASDAQ.COM
Applied Digital's Growth Potential in AI Data Centers
  • Revenue Growth Outlook: Applied Digital's revenue backlog reached an impressive $99.4 billion at the end of the last quarter, reflecting a 284% year-over-year increase, indicating a rapidly rising demand in the AI data center sector that lays a solid foundation for future revenue growth.
  • Long-Term Lease Contracts: The company has secured a 15-year lease agreement with CoreWeave, expected to generate $11 billion in lease revenue for Applied Digital, which not only strengthens its cash flow but also highlights its critical position in the AI infrastructure market.
  • Data Center Expansion Plans: Applied Digital is currently building 1 GW of data center capacity, with 90% of this capacity locked in through long-term leases, and it aims to expand its active data center capacity to 3.5 GW to meet the growing market demand.
  • Market Recognition Boost: Despite Applied Digital's high price-to-sales ratio of 27, its stock has surged 436% over the past year, with all 12 analysts covering the stock rating it a buy, reflecting strong market confidence in its growth potential.
stocktwits
8.5
05-22stocktwits
Applied Digital Signs Major AI Infrastructure Contract
  • Contract Boosts Stock: Applied Digital's 15-year lease agreement with a major U.S. hyperscale customer covering 300 megawatts of IT capacity pushes its total AI infrastructure capacity above 1 gigawatt, expected to generate approximately $7.5 billion in revenue during the initial lease period, significantly enhancing its stature in the AI infrastructure sector.
  • Fuel Cell Technology Recognition: Bloom Energy's stock rose after Nebius Group selected its fuel cell technology for U.S. data center expansion, with potential revenue of up to $2.6 billion over a decade, indicating the growing importance of alternative power systems in AI facilities.
  • Quantum Manufacturing Initiative: GlobalFoundries shares hit a record high of $81.46 following its announcement of plans to receive up to $375 million in federal funding through the CHIPS Act to support quantum computing infrastructure, launching a new business unit focused on Quantum Technology Solutions, pushing its market value above $44 billion.
  • Market Enthusiasm: Stocks of Applied Digital, Bloom Energy, and GlobalFoundries reached fresh 52-week highs, reflecting strong investor interest in companies tied to computing capacity, energy infrastructure, and quantum machine learning, with respective gains of 21%, 9%, and 14%.
NASDAQ.COM
2.0
05-21NASDAQ.COM
US Stocks Edge Up as IBM Receives $1 Billion Grant
  • Market Recovery: On Thursday, the S&P 500 rose by 0.17%, the Dow Jones Industrial Average increased by 0.55%, and the Nasdaq 100 gained 0.20%, indicating a recovery from early losses, particularly with the Dow reaching a 3.25-month high, reflecting investor confidence in economic stability.
  • IBM Government Funding: IBM's stock surged by 12% after receiving a $1 billion grant from the US government to invest in its quantum computing business, which not only strengthens the company's technological capabilities but also positions it favorably for future market competition.
  • Supportive Economic Data: Initial US weekly unemployment claims fell to 209,000, close to the expected 210,000, indicating stability in the labor market, while strong performance in manufacturing and housing further bolstered market confidence, despite the Philadelphia Fed business outlook survey dropping to a 5-month low.
  • Oil Price Volatility: WTI crude oil prices experienced significant volatility on Thursday, initially rising before retreating over 1% after Iran stated that the latest US proposal had
Wall Street analysts forecast APLD stock price to rise
10 Analyst Rating
Wall Street analysts forecast APLD stock price to rise
10 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
36.00
Averages
52.22
High
99.00
Current: 0.000
sliders
Low
36.00
Averages
52.22
High
99.00
B. Riley
B. Riley
Buy
maintain
$53 -> $66
AI Analysis
2026-05-27
New
Reason
B. Riley
B. Riley
Price Target
$53 -> $66
AI Analysis
2026-05-27
New
maintain
Buy
Reason
B. Riley raised the firm's price target on Applied Digital to $66 from $53 and keeps a Buy rating on the shares. The firm says the pace and magnitude of recent hyperscale contracting "have accelerated meaningfully." Riley updated models in the digital mining space to reflect recent deal and site announcements as well as the quarterly results. Investors are placing a rising premium on megawatt security and de-risked project delivery as "NIMBY opposition, grid interconnection delays, and electrical equipment shortages move from background concerns to material development constraints," the analyst tells investors in a research note.
Needham
John Todaro
Buy
maintain
$48 -> $51
2026-05-15
Reason
Needham
John Todaro
Price Target
$48 -> $51
2026-05-15
maintain
Buy
Reason
Needham analyst John Todaro raised the firm's price target on Applied Digital to $51 from $48 and keeps a Buy rating on the shares after hosting its management team at the Needham Tech Conference. The firm notes it has come away with increased confidence in the company's ability to execute on its 1GW under construction, sign incremental hyperscaler leases across its new site pipeline, and diversify its customer mix toward IG credit, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for APLD
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Valuation Metrics

The current forward P/E ratio for Applied Digital Corp (APLD.O) is -13.90, compared to its 5-year average forward P/E of 45.76. For a more detailed relative valuation and DCF analysis to assess Applied Digital Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
45.76
Current PE
-13.90
Overvalued PE
250.19
Undervalued PE
-158.66

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
38.89
Current EV/EBITDA
38.02
Overvalued EV/EBITDA
198.93
Undervalued EV/EBITDA
-121.15

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
13.97
Current PS
10.65
Overvalued PS
41.09
Undervalued PS
-13.14

Financials

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Whales Holding APLD

S
Situational Awareness LP
Holding
APLD
+49.62%
3M Return
V
Value Aligned Research Advisors, LLC
Holding
APLD
+42.44%
3M Return
B
BIT Capital GmbH
Holding
APLD
+30.38%
3M Return
H
Hood River Capital Management LLC
Holding
APLD
+24.71%
3M Return
M
Marex Group plc
Holding
APLD
+17.89%
3M Return
O
Oasis Management Company Ltd.
Holding
APLD
+6.55%
3M Return

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Frequently Asked Questions

What is Applied Digital Corp (APLD) stock price today?

The current price of APLD is 47.28 USD — it has decreased -4.77

What is Applied Digital Corp (APLD)'s business?

Applied Digital Corporation is a designer, builder, and operator of sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads. The Company’s segments include data center hosting (Data Center Hosting Business) and high-performance compute hosting (HPC Hosting Business). The Data Center Hosting Business operates data centers to provide energized space to crypto mining customers. Customer-owned hardware is installed in its facilities, and the Company provides operational and maintenance services for a fixed fee. Its facilities include a 106 megawatt (MW) facility in Jamestown and a 180 MW facility in Ellendale, North Dakota. The HPC Hosting Business designs, builds, and operates data centers which are designed to support high-compute applications using advanced technologies and infrastructures to provide services to customers. Its HPC data center is located at its Polaris Forge 1 campus with 100 MW capacity.

What is the price predicton of APLD Stock?

Wall Street analysts forecast APLD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for APLD is52.22 USD with a low forecast of 36.00 USD and a high forecast of 99.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Applied Digital Corp (APLD)'s revenue for the last quarter?

Applied Digital Corp revenue for the last quarter amounts to 126.64M USD, increased 139.29

What is Applied Digital Corp (APLD)'s earnings per share (EPS) for the last quarter?

Applied Digital Corp. EPS for the last quarter amounts to -0.36 USD, increased 125.00

How many employees does Applied Digital Corp (APLD). have?

Applied Digital Corp (APLD) has 205 emplpoyees as of June 01 2026.

What is Applied Digital Corp (APLD) market cap?

Today APLD has the market capitalization of 13.51B USD.