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Applied Digital Corporation (APLD)

26.37 +0.46 (+1.78%)
At close: September 4 at 4:00:01 PM EDT
26.33 -0.04 (-0.15%)
After hours: September 4 at 7:59:53 PM EDT
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55m ago
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Applied Digital (APLD) faces a challenging market as rising Treasury yields pressure its stock. Despite reporting significant revenue growth, concerns about high leverage and execution risks remain prevalent among investors.

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  • Previous Close 25.91
  • Open 25.95
  • Bid 26.01 x 500
  • Ask 28.00 x 1200
  • Day's Range 25.78 - 26.48
  • 52 Week Range 13.16 - 50.72
  • Volume 13,394,739
  • Avg. Volume 19,079,658
  • Market Cap (intraday) 7.497B
  • Beta (5Y Monthly) 5.73
  • PE Ratio (TTM) --
  • EPS (TTM) -0.91
  • Earnings Date Oct 8, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 74.23

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting, and HPC Hosting Business. The company provides energized infrastructure services to crypto mining customers; and cloud services to customers, such as AI and machine learning developers. It also engages in the designing, constructing, and operating of data centers to provide computing power and support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.

applieddigital.com

256

Full Time Employees

May 31

Fiscal Year Ends

Technology

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

APLD
7.54%
S&P 500 (^GSPC)
12.75%

1-Year Return

APLD
84.02%
S&P 500 (^GSPC)
18.71%

3-Year Return

APLD
356.23%
S&P 500 (^GSPC)
70.93%

5-Year Return

APLD
461.06%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 126.64M
Earnings -99.3M
Profit Margin -78.42%

Q1

FY26

Q2

FY26

Q3

FY26

-50M
0
50M
100M
-60.0%
-40.0%
-20.0%

Analyst Insights

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Analyst Price Targets

37.50
74.23 Average
26.37 Current
109.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/6/2026
Analyst Morgan Stanley
Rating Action Maintains
Rating Equal-Weight
Price Action Raises
Price Target 36.5 -> 37.5

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -39.92%

  • Return on Assets (ttm)

    -1.85%

  • Return on Equity (ttm)

    -8.38%

  • Revenue (ttm)

    611.31M

  • Net Income Avi to Common (ttm)

    -249.24M

  • Diluted EPS (ttm)

    -0.91

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.59B

  • Total Debt/Equity (mrq)

    136.23%

  • Levered Free Cash Flow (ttm)

    -4.96B

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