Applied Digital Corp.
APLD
NASDAQ·Technology·Information Technology Services·Mkt cap $7.6B
$26.37
▲ +1.78%
P/E
-29.23
Mkt Cap
$7.6B
52-Wk Range
$13.16–$50.73
52-Week Range
$13.16 - $50.73
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 89.6% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Specialized infrastructure for AI and HPC workloads
- Strategic geographic data center locations
- Flexible and scalable computing solutions
- Expertise in emerging technology infrastructure
Bear Case
1 risk
- Very high volatility (beta 5.7). Expect 3x market swings. Position size accordingly.
Growth
Moderate growth ahead
Accelerating AI and machine learning adoption
Value
Trading at 0.0x AI Servers & Racks peers — a discount despite the growth profile.
Momentum
Falling
-35.6% over 3m
Quality
Stable
High-growth business (184% revenue growth, 22% gross margin). Pre-profit but investing in growth.
Dividend
None
No dividend
Smart-money signal
Who's buying APLD right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 8, 2026
JUL 27, 2026
Reported EPS of -$0.39 vs -$0.09 consensus (-325.4% surprise). Revenue of $258.7M vs $96.9M expected (+167.2%).
EPS surprise · last 4Q
0 of 1 beats
Estimate
Actual
Q3 26
-325.4%
Revenue trend · last 8Q
—
—
+22%
+158%
+6%
+98%
+139%
+673%
Q1 24
Q2 24
Q3 25
Q4 25
Q1 25
Q2 25
Q3 26
Q4 26
$60.7M
$63.9M
$52.9M
$38.0M
$64.2M
$126.6M
$126.6M
$293.9M
Margins · last 8Q
Gross
42.9%
Operating
-39.1%
Profit
-38.0%
Wall Street consensus
7 analysts · 100% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
100%
Hold
0%
Sell
0%
Median Price Target
—
Latest: Citi · Aug 3, 2026
vs Industry
How APLD stacks vs Information Technology Services
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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