Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Applied Digital Corporation (APLD)
NASDAQ:APLD
RESEARCH TOOLSreports
Holding APLD?
Track your performance easily
APLD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.36 - $9.48
Previous Close$6.46
Volume21.63M
Average Volume (3M)13.61M
Market Cap
$1.39B
Enterprise Value$1.65B
Total Cash (Recent Filing)$58.22M
Total Debt (Recent Filing)$319.54M
Price to Earnings (P/E)―
Beta3.17
Next Earnings
Jan 13, 2025EPS Estimate
-$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.16
Shares Outstanding215,359,125
10 Day Avg. Volume14,759,543
30 Day Avg. Volume13,613,539
Standard Deviation0.75
R-Squared0.10
Alpha0.20
Financial Highlights & Ratios
Price to Book (P/B)5.77
Price to Sales (P/S)7.66
Price to Cash Flow (P/CF)-4.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.88
Enterprise Value/Gross Profit95.88
Enterprise Value/Ebitda-30.98
Forecast
1Y Price Target
$10.71Price Target Upside65.79% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Applied Digital Corporation News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAPLD reported F1Q25 sales/Adj. EBITDA of ~$60.7M/$20.0M, exceeding ROTH estimates of ~$49.2M/($1.9M) and consensus estimates of ~$54.8M/$13.5M.
Market DemandHyperscaler data center demand accelerates in the AI-arms race.
Strategic GrowthThe potential to secure 400MW in HPC capacity offers significant growth potential that could lead to similar future agreements and a more strategic approach to future sites.
Bears Say
Financial PerformanceGross profit is projected as a loss due to the shorter depreciation schedule for GPUs compared to the industry standard, impacting financial performance negatively.
Lease NegotiationsThe lack of a finalized hyperscaler lease raises concerns about potential delays and uncertainties in securing long-term agreements.
Operational ChallengesThe failure or necessary replacement of 45 transformers at the Ellendale bitcoin mining facility highlights significant operational setbacks.
---
Ownership Overview
17.07% Insiders
7.84% Mutual Funds
0.40% Other Institutional Investors
64.51% 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.
---
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 $9.48 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 Jan 13, 2025 which is in 72 days.
How were Applied Digital Corporation’s earnings last quarter?
Applied Digital Corporation released its earnings results on Oct 09, 2024. The company reported -$0.15 earnings per share for the quarter, beating the consensus estimate of -$0.273 by $0.123.
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 -$0.13.
How many shares outstanding does Applied Digital Corporation have?
Applied Digital Corporation has 215,359,130 shares outstanding.
What happened to Applied Digital Corporation’s price movement after its last earnings report?
Applied Digital Corporation reported an EPS of -$0.15 in its last earnings report, beating expectations of -$0.273. Following the earnings report the stock price went down -6.892%.
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 10M.
---
Applied Digital Corporation Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$10.71 (65.79% Upside)
$10.71 (65.79% Upside)
Blogger Sentiment
Bullish
APLD Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 522.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $964.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.6%
Last 30 Days ▲ 1.9%
Last 30 Days ▲ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.03%
12-Months-Change
Fundamentals
Return on Equity
-66.99%
Trailing 12-Months
Asset Growth
168.57%
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.
---
APLD Earnings Call
Q1 2024
0:00 / 0:00
---
APLD Stock 12 Month Forecast
Average Price Target
$10.71
▲(65.79% Upside)
Technical Analysis
Best Analysts Covering APLD
1 Year
1 Year Success Rate
15/20 ratings generated profit
1 Year Average Return
+49.61%
reiterated a buy rating 24 days ago
Copying George Sutton's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +49.61% per trade.
---