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Applied Digital NasdaqGS:APLD Stock Report

Last Price

US$2.71

Market Cap

US$332.0m

7D

-7.7%

1Y

-14.7%

Updated

30 Apr, 2024

Data

Company Financials +

Applied Digital Corporation

NasdaqGS:APLD Stock Report

Market Cap: US$332.0m

Applied Digital Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Applied Digital
Historical stock prices
Current Share PriceUS$2.71
52 Week HighUS$11.62
52 Week LowUS$2.36
Beta4.04
1 Month Change-36.80%
3 Month Change-47.37%
1 Year Change-14.67%
3 Year Change-77.68%
5 Year Change4,408.41%
Change since IPO-91.41%

Recent News & Updates

Recent updates

Applied Digital Corporation's (NASDAQ:APLD) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors

Apr 25
Applied Digital Corporation's (NASDAQ:APLD) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors

Time To Worry? Analysts Just Downgraded Their Applied Digital Corporation (NASDAQ:APLD) Outlook

Apr 16
Time To Worry? Analysts Just Downgraded Their Applied Digital Corporation (NASDAQ:APLD) Outlook

Applied Digital Corporation (NASDAQ:APLD) Just Reported And Analysts Have Been Cutting Their Estimates

Apr 14
Applied Digital Corporation (NASDAQ:APLD) Just Reported And Analysts Have Been Cutting Their Estimates

Applied Digital: A Growing List Of Challenges

Apr 12

These Analysts Just Made An Downgrade To Their Applied Digital Corporation (NASDAQ:APLD) EPS Forecasts

Jan 21
These Analysts Just Made An Downgrade To Their Applied Digital Corporation (NASDAQ:APLD) EPS Forecasts

Earnings Miss: Applied Digital Corporation Missed EPS And Analysts Are Revising Their Forecasts

Jan 19
Earnings Miss: Applied Digital Corporation Missed EPS And Analysts Are Revising Their Forecasts

Does Applied Digital (NASDAQ:APLD) Have A Healthy Balance Sheet?

Jun 12
Does Applied Digital (NASDAQ:APLD) Have A Healthy Balance Sheet?

Would Applied Digital (NASDAQ:APLD) Be Better Off With Less Debt?

Feb 25
Would Applied Digital (NASDAQ:APLD) Be Better Off With Less Debt?

Is Applied Blockchain (NASDAQ:APLD) Using Too Much Debt?

Nov 17
Is Applied Blockchain (NASDAQ:APLD) Using Too Much Debt?

Applied Blockchain GAAP EPS of -$0.05 misses by $0.01, revenue of $6.92M beats by $0.28M

Oct 11

Applied Blockchain files for registration of ~48.3M shares

Sep 19

Applied Blockchain: Catalysts And Improving Valuation

Sep 08

Applied Blockchain proposes name change to Applied Digital

Aug 25

Applied Blockchain expects higher FQ4 projected revenue

Jul 18

Applied Blockchain: Intriguing Model But Overvalued

Jun 16

Shareholder Returns

APLDUS ITUS Market
7D-7.7%-4.7%-0.7%
1Y-14.7%21.8%22.3%

Return vs Industry: APLD underperformed the US IT industry which returned 22.3% over the past year.

Return vs Market: APLD underperformed the US Market which returned 22.8% over the past year.

Price Volatility

Is APLD's price volatile compared to industry and market?
APLD volatility
APLD Average Weekly Movement12.9%
IT Industry Average Movement8.0%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: APLD's share price has been volatile over the past 3 months.

Volatility Over Time: APLD's weekly volatility has decreased from 19% to 13% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a121Wes Cumminsapplieddigital.com

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

Applied Digital Corporation Fundamentals Summary

How do Applied Digital's earnings and revenue compare to its market cap?
APLD fundamental statistics
Market capUS$331.97m
Earnings (TTM)-US$91.30m
Revenue (TTM)US$143.91m

2.3x

P/S Ratio

-3.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
APLD income statement (TTM)
RevenueUS$143.91m
Cost of RevenueUS$117.88m
Gross ProfitUS$26.04m
Other ExpensesUS$117.34m
Earnings-US$91.30m

Last Reported Earnings

Feb 29, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.74
Gross Margin18.09%
Net Profit Margin-63.44%
Debt/Equity Ratio52.1%

How did APLD perform over the long term?

See historical performance and comparison
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