Applied Digital（1APLD）株式概要アプライド・デジタルは、北米におけるデジタルインフラストラクチャソリューションおよびクラウドサービスのハイパフォーマンスコンピューティング（HPC）および人工知能産業の設計、開発、運営を行っています。 詳細1APLD ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長5/6過去の実績0/6財務の健全性2/6配当金0/6報酬収益は年間24.52%増加すると予測されています リスク分析Italian市場と比較して、過去 3 か月間の株価の変動が非常に大きいキャッシュランウェイが1年未満である 過去1年間で株主の希薄化が進んだ 過去3か月間に大規模なインサイダー売却が発生 すべてのリスクチェックを見る1APLD Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€35.34592.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-169m3b2016201920222025202620282031Revenue US$2.5bEarnings US$198.1mAdvancedSet Fair ValueView all narrativesApplied Digital Corporation 競合他社WiitSymbol: BIT:WIITMarket cap: €810.0mDominion Hosting HoldingSymbol: BIT:DHHMarket cap: €136.5mReplySymbol: BIT:REYMarket cap: €3.9bCyberooSymbol: BIT:CYBMarket cap: €50.4m価格と性能株価の高値、安値、推移の概要Applied Digital過去の株価現在の株価US$35.3452週高値US$43.3652週安値US$8.10ベータ5.641ヶ月の変化2.08%3ヶ月変化47.87%1年変化190.86%3年間の変化n/a5年間の変化n/aIPOからの変化842.40%最新ニュースBreakeven Date Change • May 31Forecast to breakeven in 2029The 7 analysts covering Applied Digital expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$375.8m in 2029. Average annual earnings growth of 25% is required to achieve expected profit on schedule.Recent Insider Transactions • May 03Independent Director recently sold €710k worth of stockOn the 30th of April, Richard Nottenburg sold around 25k shares on-market at roughly €28.38 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €27m more than they bought in the last 12 months.Breakeven Date Change • Apr 24No longer forecast to breakevenThe 8 analysts covering Applied Digital no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$144.5m in 2028. New consensus forecast suggests the company will make a loss of US$27.5m in 2028.New Risk • Apr 13New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$120m Forecast net loss in 2 years: US$42m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.8b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$42m net loss in 2 years). Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (€7.4m sold).New Risk • Apr 10New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.8b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.8b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (€7.7m sold).Reported Earnings • Apr 09Third quarter 2026 earnings released: US$0.36 loss per share (vs US$0.16 loss in 3Q 2025)Third quarter 2026 results: US$0.36 loss per share (further deteriorated from US$0.16 loss in 3Q 2025). Revenue: US$126.6m (up 139% from 3Q 2025). Net loss: US$100.9m (loss widened 179% from 3Q 2025). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in Italy.最新情報をもっと見るRecent updatesBreakeven Date Change • May 31Forecast to breakeven in 2029The 7 analysts covering Applied Digital expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$375.8m in 2029. Average annual earnings growth of 25% is required to achieve expected profit on schedule.Recent Insider Transactions • May 03Independent Director recently sold €710k worth of stockOn the 30th of April, Richard Nottenburg sold around 25k shares on-market at roughly €28.38 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €27m more than they bought in the last 12 months.Breakeven Date Change • Apr 24No longer forecast to breakevenThe 8 analysts covering Applied Digital no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$144.5m in 2028. New consensus forecast suggests the company will make a loss of US$27.5m in 2028.New Risk • Apr 13New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$120m Forecast net loss in 2 years: US$42m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.8b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$42m net loss in 2 years). Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (€7.4m sold).New Risk • Apr 10New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.8b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.8b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (€7.7m sold).Reported Earnings • Apr 09Third quarter 2026 earnings released: US$0.36 loss per share (vs US$0.16 loss in 3Q 2025)Third quarter 2026 results: US$0.36 loss per share (further deteriorated from US$0.16 loss in 3Q 2025). Revenue: US$126.6m (up 139% from 3Q 2025). Net loss: US$100.9m (loss widened 179% from 3Q 2025). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in Italy.Breakeven Date Change • Apr 09No longer forecast to breakevenThe 8 analysts covering Applied Digital no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$363.2m in 2028. New consensus forecast suggests the company will make a loss of US$144.5m in 2028.お知らせ • Mar 20Applied Digital Corporation to Report Q3, 2026 Results on Apr 08, 2026Applied Digital Corporation announced that they will report Q3, 2026 results After-Market on Apr 08, 2026Recent Insider Transactions • Feb 01Independent Director recently sold €1.5m worth of stockOn the 29th of January, Charles Hastings sold around 46k shares on-market at roughly €32.33 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €5.2m. Insiders have been net sellers, collectively disposing of €26m more than they bought in the last 12 months.Recent Insider Transactions • Jan 17Chairman recently sold €5.2m worth of stockOn the 16th of January, Wesley Cummins sold around 165k shares on-market at roughly €31.40 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Wesley has been a net seller over the last 12 months, reducing personal holdings by €10m.お知らせ • Jan 15Applied Digital Appoints Co Jason Zhang as PresidentApplied Digital announced the appointment of its co-founder and current Chief Strategy Officer, Jason Zhang, as the company’s President. As one of the founders of Applied Digital, Mr. Zhang has been instrumental in fueling the company’s innovation, working closely with co-founder Wes Cummins. The appointment reflects the role Mr. Zhang has long played in shaping the company’s strategy and long-term growth trajectory. As President, Mr. Zhang will continue to partner with Mr. Cummins (who will remain Chairman and CEO of the company) to define and steer the company's strategic course as Applied Digital advances through its next phase of AI infrastructure growth. Mr. Zhang most recently served as the company’s Chief Strategy Officer since August 2025. A seasoned technology investor, he founded Valuefinder in 2019, an investment and advisory firm focused on technology companies. Prior to that, he was on the investment team at Sequoia Capital, where he focused on AI, blockchain, digital infrastructure, enterprise software, consumer internet, and hardware investments. He was previously on the investment team at MSD Capital, where he focused on both private and public investments. Mr. Zhang holds a bachelor’s degree in economics from Harvard University.Reported Earnings • Jan 08Second quarter 2026 earnings released: US$0.11 loss per share (vs US$0.67 loss in 2Q 2025)Second quarter 2026 results: US$0.11 loss per share (improved from US$0.67 loss in 2Q 2025). Revenue: US$126.6m (up 98% from 2Q 2025). Net loss: US$31.2m (loss narrowed 78% from 2Q 2025). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in Italy.Breakeven Date Change • Jan 02Forecast breakeven date pushed back to 2028The 9 analysts covering Applied Digital previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of US$363.2m in 2028. Average annual earnings growth of 101% is required to achieve expected profit on schedule.お知らせ • Dec 19Applied Digital Corporation to Report Q2, 2026 Results on Jan 07, 2026Applied Digital Corporation announced that they will report Q2, 2026 results After-Market on Jan 07, 2026New Risk • Nov 14New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risk Significant insider selling over the past 3 months (€16m sold).Recent Insider Transactions • Oct 29Chief Financial Officer recently sold €4.1m worth of stockOn the 28th of October, Mohammad Saidal Mohmand sold around 138k shares on-market at roughly €29.79 per share. This transaction amounted to 53% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €5.2m. Mohammad Saidal has been a net seller over the last 12 months, reducing personal holdings by €5.1m.Breakeven Date Change • Oct 23Forecast breakeven date pushed back to 2028The 9 analysts covering Applied Digital previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 64% per year to 2027. The company is expected to make a profit of US$246.9m in 2028. Average annual earnings growth of 97% is required to achieve expected profit on schedule.お知らせ • Oct 19Applied Digital Corporation announced that it expects to receive $5 billion in funding from Macquarie Asset Management Credit Advisers US, LLCApplied Digital Corporation announced a preferred equity facility for gross proceeds of $5,000,000,000 on October 17, 2025. The transaction includes participation from returning investor, Macquarie Asset Management Credit Advisers US, LLC.Reported Earnings • Oct 10First quarter 2026 earnings released: US$0.11 loss per share (vs US$0.029 loss in 1Q 2025)First quarter 2026 results: US$0.11 loss per share (further deteriorated from US$0.029 loss in 1Q 2025). Revenue: US$64.2m (up 5.8% from 1Q 2025). Net loss: US$27.8m (loss widened US$23.5m from 1Q 2025). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Italy.Breakeven Date Change • Oct 10Forecast breakeven date moved forward to 2027The 7 analysts covering Applied Digital previously expected the company to break even in 2028. New consensus forecast suggests losses will reduce by 35% to 2026. The company is expected to make a profit of US$1.29m in 2027. Average annual earnings growth of 108% is required to achieve expected profit on schedule.お知らせ • Sep 24Applied Digital Corporation to Report Q1, 2026 Results on Oct 09, 2025Applied Digital Corporation announced that they will report Q1, 2026 results After-Market on Oct 09, 2025お知らせ • Sep 15Applied Digital Corporation, Annual General Meeting, Nov 05, 2025Applied Digital Corporation, Annual General Meeting, Nov 05, 2025.Recent Insider Transactions • Sep 08Chairman recently sold €5.2m worth of stockOn the 3rd of September, Wesley Cummins sold around 400k shares on-market at roughly €13.07 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Wesley's only on-market trade for the last 12 months.Recent Insider Transactions • Aug 16Independent Director recently sold €379k worth of stockOn the 12th of August, Charles Hastings sold around 30k shares on-market at roughly €12.62 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.2m. Insiders have been net sellers, collectively disposing of €3.3m more than they bought in the last 12 months.Recent Insider Transactions • Aug 07Independent Director recently sold €1.2m worth of stockOn the 4th of August, Charles Hastings sold around 100k shares on-market at roughly €11.52 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.6m more than they bought in the last 12 months.Reported Earnings • Aug 01Full year 2025 earnings released: US$0.81 loss per share (vs US$0.65 loss in FY 2024)Full year 2025 results: US$0.81 loss per share (further deteriorated from US$0.65 loss in FY 2024). Revenue: US$144.2m (up 5.5% from FY 2024). Net loss: US$163.6m (loss widened 121% from FY 2024). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Italy.Breakeven Date Change • Jul 15Forecast to breakeven in 2028The 6 analysts covering Applied Digital expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$122.2m in 2028. Average annual earnings growth of 72% is required to achieve expected profit on schedule.お知らせ • Jul 14Applied Digital Corporation to Report Q4, 2025 Results on Jul 30, 2025Applied Digital Corporation announced that they will report Q4, 2025 results After-Market on Jul 30, 2025お知らせ • Jun 03Applied Digital Corporation has filed a Follow-on Equity Offering in the amount of $200 million.Applied Digital Corporation has filed a Follow-on Equity Offering in the amount of $200 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market OfferingBreakeven Date Change • Jun 03Forecast to breakeven in 2028The 7 analysts covering Applied Digital expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$114.7m in 2028. Average annual earnings growth of 74% is required to achieve expected profit on schedule.お知らせ • May 01Applied Digital Corporation announced that it expects to receive $150 million in fundingApplied Digital Corporation announced that it has entered into a private financing arrangement to issue 150,000 convertible preferred stock at a price of $1,000 per share for the gross proceeds of $150,000,000 on April 30, 2025. The Facility has a term of 36 months, over which the Company can draw up to $150 million at its discretion, in increments of $25 million, as long as certain conditions are met.株主還元1APLDIT ITIT 市場7D-13.8%1.2%-0.3%1Y190.9%-26.9%18.1%株主還元を見る業界別リターン: 1APLD過去 1 年間で-26.9 % の収益を上げたItalian IT業界を上回りました。リターン対市場: 1APLD過去 1 年間で18.1 % の収益を上げたItalian市場を上回りました。価格変動Is 1APLD's price volatile compared to industry and market?1APLD volatility1APLD Average Weekly Movement14.6%IT Industry Average Movement6.0%Market Average Movement5.0%10% most volatile stocks in IT Market8.8%10% least volatile stocks in IT Market3.1%安定した株価: 1APLDの株価は、 Italian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 1APLDの weekly volatility ( 15% ) は過去 1 年間安定していますが、依然としてItalianの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイトn/a205Wes Cumminsapplieddigital.comアプライド・デジタルは、北米でデジタルインフラストラクチャソリューションおよびクラウドサービスのハイパフォーマンスコンピューティング（HPC）および人工知能産業の設計、開発、運営を行っている。事業セグメントは3つ：データセンターホスティング事業、クラウドサービス事業、HPCホスティング事業。同社は暗号マイニングの顧客にインフラサービスを提供し、AI、機械学習、その他のHPCタスクに関連する重要なワークロード向けにGPUコンピューティングソリューションを提供している。また、HPCアプリケーションをサポートするデータセンターの設計、建設、管理も行っている。以前はアプライド・ブロックチェーン社として知られていたが、2022年11月にアプライド・デジタル・コーポレーションに社名変更した。本社はテキサス州ダラス。もっと見るApplied Digital Corporation 基礎のまとめApplied Digital の収益と売上を時価総額と比較するとどうか。1APLD 基礎統計学時価総額€9.82b収益（TTM）-€103.85m売上高(TTM)€276.86m36.6xP/Sレシオ-97.7xPER（株価収益率1APLD は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計1APLD 損益計算書（TTM）収益US$319.26m売上原価US$174.29m売上総利益US$144.98mその他の費用US$264.73m収益-US$119.76m直近の収益報告Feb 28, 2026次回決算日該当なし一株当たり利益（EPS）-0.42グロス・マージン45.41%純利益率-37.51%有利子負債／自己資本比率104.9%1APLD の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/08 03:00終値2026/06/08 00:00収益2026/02/28年間収益2025/05/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Applied Digital Corporation 7 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。16 アナリスト機関Pierre-Marie D'OrnanoArete Research Services LLPAndrew Charles BealeArete Research Services LLPNicholas GilesB. Riley Securities, Inc.13 その他のアナリストを表示
Breakeven Date Change • May 31Forecast to breakeven in 2029The 7 analysts covering Applied Digital expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$375.8m in 2029. Average annual earnings growth of 25% is required to achieve expected profit on schedule.
Recent Insider Transactions • May 03Independent Director recently sold €710k worth of stockOn the 30th of April, Richard Nottenburg sold around 25k shares on-market at roughly €28.38 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €27m more than they bought in the last 12 months.
Breakeven Date Change • Apr 24No longer forecast to breakevenThe 8 analysts covering Applied Digital no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$144.5m in 2028. New consensus forecast suggests the company will make a loss of US$27.5m in 2028.
New Risk • Apr 13New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$120m Forecast net loss in 2 years: US$42m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.8b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$42m net loss in 2 years). Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (€7.4m sold).
New Risk • Apr 10New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.8b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.8b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (€7.7m sold).
Reported Earnings • Apr 09Third quarter 2026 earnings released: US$0.36 loss per share (vs US$0.16 loss in 3Q 2025)Third quarter 2026 results: US$0.36 loss per share (further deteriorated from US$0.16 loss in 3Q 2025). Revenue: US$126.6m (up 139% from 3Q 2025). Net loss: US$100.9m (loss widened 179% from 3Q 2025). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in Italy.
Breakeven Date Change • May 31Forecast to breakeven in 2029The 7 analysts covering Applied Digital expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$375.8m in 2029. Average annual earnings growth of 25% is required to achieve expected profit on schedule.
Recent Insider Transactions • May 03Independent Director recently sold €710k worth of stockOn the 30th of April, Richard Nottenburg sold around 25k shares on-market at roughly €28.38 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €27m more than they bought in the last 12 months.
Breakeven Date Change • Apr 24No longer forecast to breakevenThe 8 analysts covering Applied Digital no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$144.5m in 2028. New consensus forecast suggests the company will make a loss of US$27.5m in 2028.
New Risk • Apr 13New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$120m Forecast net loss in 2 years: US$42m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.8b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$42m net loss in 2 years). Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (€7.4m sold).
New Risk • Apr 10New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.8b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.8b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (€7.7m sold).
Reported Earnings • Apr 09Third quarter 2026 earnings released: US$0.36 loss per share (vs US$0.16 loss in 3Q 2025)Third quarter 2026 results: US$0.36 loss per share (further deteriorated from US$0.16 loss in 3Q 2025). Revenue: US$126.6m (up 139% from 3Q 2025). Net loss: US$100.9m (loss widened 179% from 3Q 2025). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in Italy.
Breakeven Date Change • Apr 09No longer forecast to breakevenThe 8 analysts covering Applied Digital no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$363.2m in 2028. New consensus forecast suggests the company will make a loss of US$144.5m in 2028.
お知らせ • Mar 20Applied Digital Corporation to Report Q3, 2026 Results on Apr 08, 2026Applied Digital Corporation announced that they will report Q3, 2026 results After-Market on Apr 08, 2026
Recent Insider Transactions • Feb 01Independent Director recently sold €1.5m worth of stockOn the 29th of January, Charles Hastings sold around 46k shares on-market at roughly €32.33 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €5.2m. Insiders have been net sellers, collectively disposing of €26m more than they bought in the last 12 months.
Recent Insider Transactions • Jan 17Chairman recently sold €5.2m worth of stockOn the 16th of January, Wesley Cummins sold around 165k shares on-market at roughly €31.40 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Wesley has been a net seller over the last 12 months, reducing personal holdings by €10m.
お知らせ • Jan 15Applied Digital Appoints Co Jason Zhang as PresidentApplied Digital announced the appointment of its co-founder and current Chief Strategy Officer, Jason Zhang, as the company’s President. As one of the founders of Applied Digital, Mr. Zhang has been instrumental in fueling the company’s innovation, working closely with co-founder Wes Cummins. The appointment reflects the role Mr. Zhang has long played in shaping the company’s strategy and long-term growth trajectory. As President, Mr. Zhang will continue to partner with Mr. Cummins (who will remain Chairman and CEO of the company) to define and steer the company's strategic course as Applied Digital advances through its next phase of AI infrastructure growth. Mr. Zhang most recently served as the company’s Chief Strategy Officer since August 2025. A seasoned technology investor, he founded Valuefinder in 2019, an investment and advisory firm focused on technology companies. Prior to that, he was on the investment team at Sequoia Capital, where he focused on AI, blockchain, digital infrastructure, enterprise software, consumer internet, and hardware investments. He was previously on the investment team at MSD Capital, where he focused on both private and public investments. Mr. Zhang holds a bachelor’s degree in economics from Harvard University.
Reported Earnings • Jan 08Second quarter 2026 earnings released: US$0.11 loss per share (vs US$0.67 loss in 2Q 2025)Second quarter 2026 results: US$0.11 loss per share (improved from US$0.67 loss in 2Q 2025). Revenue: US$126.6m (up 98% from 2Q 2025). Net loss: US$31.2m (loss narrowed 78% from 2Q 2025). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in Italy.
Breakeven Date Change • Jan 02Forecast breakeven date pushed back to 2028The 9 analysts covering Applied Digital previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of US$363.2m in 2028. Average annual earnings growth of 101% is required to achieve expected profit on schedule.
お知らせ • Dec 19Applied Digital Corporation to Report Q2, 2026 Results on Jan 07, 2026Applied Digital Corporation announced that they will report Q2, 2026 results After-Market on Jan 07, 2026
New Risk • Nov 14New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risk Significant insider selling over the past 3 months (€16m sold).
Recent Insider Transactions • Oct 29Chief Financial Officer recently sold €4.1m worth of stockOn the 28th of October, Mohammad Saidal Mohmand sold around 138k shares on-market at roughly €29.79 per share. This transaction amounted to 53% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €5.2m. Mohammad Saidal has been a net seller over the last 12 months, reducing personal holdings by €5.1m.
Breakeven Date Change • Oct 23Forecast breakeven date pushed back to 2028The 9 analysts covering Applied Digital previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 64% per year to 2027. The company is expected to make a profit of US$246.9m in 2028. Average annual earnings growth of 97% is required to achieve expected profit on schedule.
お知らせ • Oct 19Applied Digital Corporation announced that it expects to receive $5 billion in funding from Macquarie Asset Management Credit Advisers US, LLCApplied Digital Corporation announced a preferred equity facility for gross proceeds of $5,000,000,000 on October 17, 2025. The transaction includes participation from returning investor, Macquarie Asset Management Credit Advisers US, LLC.
Reported Earnings • Oct 10First quarter 2026 earnings released: US$0.11 loss per share (vs US$0.029 loss in 1Q 2025)First quarter 2026 results: US$0.11 loss per share (further deteriorated from US$0.029 loss in 1Q 2025). Revenue: US$64.2m (up 5.8% from 1Q 2025). Net loss: US$27.8m (loss widened US$23.5m from 1Q 2025). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Italy.
Breakeven Date Change • Oct 10Forecast breakeven date moved forward to 2027The 7 analysts covering Applied Digital previously expected the company to break even in 2028. New consensus forecast suggests losses will reduce by 35% to 2026. The company is expected to make a profit of US$1.29m in 2027. Average annual earnings growth of 108% is required to achieve expected profit on schedule.
お知らせ • Sep 24Applied Digital Corporation to Report Q1, 2026 Results on Oct 09, 2025Applied Digital Corporation announced that they will report Q1, 2026 results After-Market on Oct 09, 2025
お知らせ • Sep 15Applied Digital Corporation, Annual General Meeting, Nov 05, 2025Applied Digital Corporation, Annual General Meeting, Nov 05, 2025.
Recent Insider Transactions • Sep 08Chairman recently sold €5.2m worth of stockOn the 3rd of September, Wesley Cummins sold around 400k shares on-market at roughly €13.07 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Wesley's only on-market trade for the last 12 months.
Recent Insider Transactions • Aug 16Independent Director recently sold €379k worth of stockOn the 12th of August, Charles Hastings sold around 30k shares on-market at roughly €12.62 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.2m. Insiders have been net sellers, collectively disposing of €3.3m more than they bought in the last 12 months.
Recent Insider Transactions • Aug 07Independent Director recently sold €1.2m worth of stockOn the 4th of August, Charles Hastings sold around 100k shares on-market at roughly €11.52 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.6m more than they bought in the last 12 months.
Reported Earnings • Aug 01Full year 2025 earnings released: US$0.81 loss per share (vs US$0.65 loss in FY 2024)Full year 2025 results: US$0.81 loss per share (further deteriorated from US$0.65 loss in FY 2024). Revenue: US$144.2m (up 5.5% from FY 2024). Net loss: US$163.6m (loss widened 121% from FY 2024). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Italy.
Breakeven Date Change • Jul 15Forecast to breakeven in 2028The 6 analysts covering Applied Digital expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$122.2m in 2028. Average annual earnings growth of 72% is required to achieve expected profit on schedule.
お知らせ • Jul 14Applied Digital Corporation to Report Q4, 2025 Results on Jul 30, 2025Applied Digital Corporation announced that they will report Q4, 2025 results After-Market on Jul 30, 2025
お知らせ • Jun 03Applied Digital Corporation has filed a Follow-on Equity Offering in the amount of $200 million.Applied Digital Corporation has filed a Follow-on Equity Offering in the amount of $200 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering
Breakeven Date Change • Jun 03Forecast to breakeven in 2028The 7 analysts covering Applied Digital expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$114.7m in 2028. Average annual earnings growth of 74% is required to achieve expected profit on schedule.
お知らせ • May 01Applied Digital Corporation announced that it expects to receive $150 million in fundingApplied Digital Corporation announced that it has entered into a private financing arrangement to issue 150,000 convertible preferred stock at a price of $1,000 per share for the gross proceeds of $150,000,000 on April 30, 2025. The Facility has a term of 36 months, over which the Company can draw up to $150 million at its discretion, in increments of $25 million, as long as certain conditions are met.
