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Applied Digital Corporation (APLD)
NASDAQ:APLD
RESEARCH TOOLSreports
Applied Digital Corporation (APLD) Stock Price & Analysis
1,698 Followers
APLD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.36 - $11.07
Previous Close$5.72
Volume750.19K
Average Volume (3M)5.29M
Market Cap
$792.85M
Enterprise Value$837.12M
Total Cash (Recent Filing)$1.17M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.90
Next Earnings
Aug 22, 2024EPS Estimate
-$0.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.80
Shares Outstanding122,739,540
10 Day Avg. Volume7,902,088
30 Day Avg. Volume5,292,696
Standard Deviation0.50
R-Squared0.20
Alpha0.07
Financial Highlights & Ratios
Price to Book (P/B)5.72
Price to Sales (P/S)30.74
Price to Cash Flow (P/CF)4.40
P/FCF Ratio81.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.78
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-13.94
Forecast
1Y Price Target
$9.50Price Target Upside75.60% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Applied Digital Corporation News
Bulls Say, Bears Say
Bulls Say
Financial PerformancePreliminary results for revenue and adjusted EBITDA came in notably higher than expected from a faster re-energization of Ellendale and scaling of GPUs.
Investor InterestThe level of interest among investors remains high in this burgeoning space, which is believed to have a rapid education ramp.
Strategic AgreementsA definitive agreement with a hyperscaler, and subsequent project financing, would re-value shares over a period of time.
Bears Say
EarningsQ4 results were disappointing and reflected a combination of transformer equipment failures and a slower-than-expected ramp to the AI cloud business.
Financial PerformanceNews of a $125M ATM has some investors concerned that dilution will continue to weigh on shares.
Operational IssuesApplied had operational issues due to faulty transformers, leading to a significant reduction in the bitcoin mining facility's output over recent months.
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Ownership Overview
19.93% Insiders
15.35% Mutual Funds
12.23% Other Institutional Investors
52.49% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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APLD FAQ
What was Applied Digital Corporation’s price range in the past 12 months?
Applied Digital Corporation lowest stock price was $2.36 and its highest was $11.07 in the past 12 months.
What is Applied Digital Corporation’s market cap?
Currently, no data Available
When is Applied Digital Corporation’s upcoming earnings report date?
Applied Digital Corporation’s upcoming earnings report date is Aug 22, 2024 which is in 31 days.
How were Applied Digital Corporation’s earnings last quarter?
Applied Digital Corporation released its earnings results on Apr 11, 2024. The company reported -$0.24 earnings per share for the quarter, missing the consensus estimate of -$0.072 by -$0.168.
Is Applied Digital Corporation overvalued?
According to Wall Street analysts Applied Digital Corporation’s price is currently Undervalued.
Does Applied Digital Corporation pay dividends?
Applied Digital Corporation does not currently pay dividends.
What is Applied Digital Corporation’s EPS estimate?
Applied Digital Corporation’s EPS estimate is -$0.21.
How many shares outstanding does Applied Digital Corporation have?
Applied Digital Corporation has 146,552,670 shares outstanding.
What happened to Applied Digital Corporation’s price movement after its last earnings report?
Applied Digital Corporation reported an EPS of -$0.24 in its last earnings report, missing expectations of -$0.072. Following the earnings report the stock price went down -11.726%.
Which hedge fund is a major shareholder of Applied Digital Corporation?
Among the largest hedge funds holding Applied Digital Corporation’s share is Deep Field Asset Management LLC. It holds Applied Digital Corporation’s shares valued at 7M.
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Applied Digital Corporation Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$9.50 (75.60% Upside)
$9.50 (75.60% Upside)
Blogger Sentiment
Bullish
APLD Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 14.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-31.90%
12-Months-Change
Fundamentals
Return on Equity
-101.82%
Trailing 12-Months
Asset Growth
209.80%
Trailing 12-Months
Company Description
Applied Digital Corporation
Applied Science Products, Inc. operates as a technology company, which engages in the development of patented technology such as tailored plasma gas chemistry for a wide range of applications. The company was founded in May 2001 and is headquartered in Lenoir City, TN.
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APLD Earnings Call
Q3 2024
0:00 / 0:00
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APLD Stock 12 Month Forecast
Average Price Target
$9.50
▲(75.60% Upside)
Technical Analysis
Best Analysts Covering APLD
1 Year
1 Year Success Rate
13/15 ratings generated profit
1 Year Average Return
+75.91%
reiterated a buy rating last month
Copying John Todaro's trades and holding each position for 1 Year would result in 86.67% of your transactions generating a profit, with an average return of +75.91% per trade.
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