APLD Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q2

FY2026Q3

FY2026Q4

82.22M

+28.73%

-0.110

-83.33%

71.42M

+34.96%

-0.094

-41.41%

82.61M

+117.32%

-0.100

-58.33%

Estimates Revision

The market is revising Upward the revenue expectations for Applied Digital Corporation (APLD) for FY2026, with the revenue forecasts being adjusted by 16.27% over the past three months. During the same period, the stock price has changed by 28.64%.

Revenue Estimates for FY2026

Revise Upward

+16.27%

In Past 3 Month

EPS Estimates for FY2026

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+28.64%

In Past 3 Month

10 Analyst Rating

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 is 42.78 USD with a low forecast of 35.00 USD and a high forecast of 56.00 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.

10 Buy

0 Hold

0 Sell

Strong Buy

Current: 0.000

Low

35.00

Averages

42.78

High

56.00

Current: 0.000

Low

35.00

Averages

42.78

High

56.00

Roth Capital

Darren Aftahi

Buy

maintain

$56 -> $58

2026-01-08

New

Reason

Roth Capital

Darren Aftahi

Price Target

$56 -> $58

2026-01-08

New

maintain

Buy

Reason

Roth Capital analyst Darren Aftahi raised the firm's price target on Applied Digital to $58 from $56 and keeps a Buy rating on the shares. The firm, which reiterates Applied Digital as a top pick, tells investors in a research note that Q2 results exceeded expectations, but the key takeaway is strong demand, with Applied Digital in advanced talks for 900MW across multiple hyperscale sites. With 600MW already signed, ongoing development, and Macquarie-backed funding, Applied Digital is emerging as a scalable, pure-play AI infrastructure landlord, Roth adds.

Arete

NULL -> Buy

initiated

$99

2026-01-07

New

Reason

Arete

Price Target

$99

2026-01-07

New

initiated

NULL -> Buy

Reason

Arete initiated coverage of Applied Digital with a Buy rating and $99 price target.

Freedom Capital

NULL

Buy

initiated

$36

2026-01-06

New

Reason

Freedom Capital

Price Target

$36

2026-01-06

New

initiated

NULL

Buy

Reason

Freedom Capital initiated coverage of Applied Digital with a Buy rating and $36 price target. The firm expects the company's forecasted adjusted EBITDA margin to exceed 60% in two fiscal years as it estimate that Applied's Polaris Forge 1 and 2 projects, which will account for the company's first 700 MW of contracted power, will both ultimately deliver levered IRRs in a mid-20 percentage range, the analyst tells investors.

Lake Street

Rob Brown

Buy

maintain

$45

2025-12-30

Reason

Lake Street

Rob Brown

Price Target

$45

2025-12-30

maintain

Buy

Reason

After Applied Digital (APLD) announced a proposed transaction to spin out its Applied Digital Cloud business and combine it with Ekso Bionics (EKSO) to form ChronoScale, Lake Street analyst Rob Brown argues that the planned spin-out of the cloud GPU business should unlock significant value, noting that public and private peers carry multi-billion valuations. This business was "largely a forgotten asset within Applied," but the company was an earlier leader in this business and is operating 6 GPU clusters and generating $75M in annual revenue, notes the analyst, who expects this to grow more quickly as a standalone business. Lake Street has a Buy rating and $45 price target on Applied Digital shares.

Northland

initiated

$40

2025-12-30

Reason

Northland

Price Target

$40

2025-12-30

initiated

Reason

Northland is establishing Applied Digital as the analyst's Top Pick for 2026, citing the belief that Applied is strategically positioned to outperform its peers next year given continued demand for power by hyperscalers, its ability to execute on schedule, its significant pipeline of power assets, and its medium-term REIT model. The firm has an Outperform rating and $40 price target on Applied shares.

Craig-Hallum

Aaron Spychalla

Hold -> Buy

upgrade

2025-11-05

Reason

Craig-Hallum

Aaron Spychalla

Price Target

2025-11-05

upgrade

Hold -> Buy

Reason

As previously reported, Craig-Hallum analyst Aaron Spychalla upgraded Babcock & Wilcox (BW) to Buy from Hold with a $7 price target, up from $1.50. The firm notes Babcock & Wilcox reported mixed Q3 results on continued growth in the high-margin Parts & Services business from baseload power generation demand, with largely in line 2026 EBITDA guidance calling for about 80% growth as work ramps on the $246M coal-togas conversion project in Indiana. More noteworthy was the signing of a limited notice to proceed on a $1.5B-plus contract with Applied Digital (APLD) for 1 gigawatt of natural gas power utilizing BW's boilers and associated steam turbines for an Applied Digital AI Factory. Though still subject to a final notice to proceed, this is obviously a substantial development for a $600M business, and Craig-Hallum thinks shows the potential for BW to help bring baseload power generation online quicker, alleviating a key bottleneck in the market currently,

Valuation Metrics

The current forward P/E ratio for Applied Digital Corp (APLD.O) is -65.56, compared to its 5-year average forward P/E of -10.83. 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.

N/A

5Y Average PE

-10.83

Current PE

-65.56

Overvalued PE

39.75

Undervalued PE

-61.41

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.

N/A

5Y Average EV/EBITDA

48.07

Current EV/EBITDA

85.16

Overvalued EV/EBITDA

203.52

Undervalued EV/EBITDA

-107.38

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.

N/A

5Y Average PS

12.82

Current PS

24.43

Overvalued PS

40.31

Undervalued PS

-14.67

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

APLD News & Events

Events Timeline

No data

News

9.5

01-09Benzinga

PinnedApplied Digital Reports Q2 Earnings Beat with 250% Revenue Growth

9.5

00:06 AMFool

Applied Digital Shares Surge 18% Driven by AI Revenue Growth

9.5

00:03 AMNASDAQ.COM

Applied Digital Shares Surge 18% Driven by AI Revenue Surge

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Frequently Asked Questions

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

The current price of APLD is 37.68 USD — it has increased 17.97 % in the last trading day.

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

Applied Digital Corporation is a designer, builder, and operator engineered data centers and colocation services for Artificial Intelligence (AI), cloud, networking, and blockchain workloads. The Company operates through two operating segments: the Data Center Hosting Business and the HPC Hosting Business. The Data Center Hosting Business operates data centers to provide energized space to crypto mining customers. Its custom-designed data centers allow customers to rent space based on their power requirements also it serves one crypto mining customer. 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. The Company builds over two HPC focused data center facilities to provide 100 megawatts (MW) and 150 MW. Its subsidiaries include APLD Rattlesnake Den I LLC, Applied Talent Resources LLC, Sai Computing LLC, and others.

What is the price predicton of APLD Stock?

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

Applied Digital Corp revenue for the last quarter amounts to 126.59M USD, increased 98.20 % YoY.

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 -0.07 USD, decreased -89.39 % YoY.

What changes have occurred in the market's expectations for Applied Digital Corp (APLD)'s fundamentals?

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

Applied Digital Corp (APLD) has 205 emplpoyees as of January 10 2026.

What is Applied Digital Corp (APLD) market cap?

Today APLD has the market capitalization of 10.53B USD.