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Applied Digital NasdaqGS:APLD Stock Report

Last Price

US$7.23

Market Cap

US$1.6b

7D

-4.6%

1Y

64.7%

Updated

18 Nov, 2024

Data

Company Financials +

Applied Digital Corporation

NasdaqGS:APLD Stock Report

Market Cap: US$1.6b

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$7.23
52 Week HighUS$9.48
52 Week LowUS$2.36
Beta4.52
11 Month Change-11.61%
3 Month Change79.40%
1 Year Change64.69%
33 Year Change-72.55%
5 Year Change16,636.50%
Change since IPO-77.05%

Recent News & Updates

Applied Digital: Q4 2024 Earnings And Nvidia Investment

Sep 06

Recent updates

Applied Digital: Q4 2024 Earnings And Nvidia Investment

Sep 06

Applied Digital Corporation (NASDAQ:APLD) Stocks Pounded By 29% But Not Lagging Industry On Growth Or Pricing

Aug 02
Applied Digital Corporation (NASDAQ:APLD) Stocks Pounded By 29% But Not Lagging Industry On Growth Or Pricing

Applied Digital: An Alternative Way To Invest In AI Infrastructure

Jul 09

Applied Digital Corporation (NASDAQ:APLD) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable

Jun 12
Applied Digital Corporation (NASDAQ:APLD) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable

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?

Shareholder Returns

APLDUS ITUS Market
7D-4.6%1.3%-2.1%
1Y64.7%16.1%29.6%

Return vs Industry: APLD exceeded the US IT industry which returned 16.1% over the past year.

Return vs Market: APLD exceeded the US Market which returned 29.6% over the past year.

Price Volatility

Is APLD's price volatile compared to industry and market?
APLD volatility
APLD Average Weekly Movement26.4%
IT Industry Average Movement7.5%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: APLD's weekly volatility has increased from 19% to 26% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a150Wes Cumminsapplieddigital.com

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America. It operates through three segments: Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks.

Applied Digital Corporation Fundamentals Summary

How do Applied Digital's earnings and revenue compare to its market cap?
APLD fundamental statistics
Market capUS$1.56b
Earnings (TTM)-US$142.11m
Revenue (TTM)US$189.96m

8.2x

P/S Ratio

-11.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
APLD income statement (TTM)
RevenueUS$189.96m
Cost of RevenueUS$184.18m
Gross ProfitUS$5.78m
Other ExpensesUS$147.89m
Earnings-US$142.11m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.66
Gross Margin3.04%
Net Profit Margin-74.81%
Debt/Equity Ratio48.3%

How did APLD perform over the long term?

See historical performance and comparison