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Applied Digital CorporationNasdaqGS:APLD Stock Report

Market Cap US$5.0b
Share Price
US$18.68
My Fair Value
US$20
6.6% undervalued intrinsic discount
1Y206.7%
7D34.5%
Portfolio Value
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Applied Digital Corporation

NasdaqGS:APLD Stock Report

Market Cap: US$5.0b

Applied Digital (APLD) Stock Overview

Designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. More details

APLD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Rewards

Earnings are forecast to grow 64.39% per year

Risk Analysis

Shareholders have been substantially diluted in the past year

Volatile share price over the past 3 months compared to the US market

Significant insider selling over the past 3 months


APLD Community Fair Values

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See what 163 others think this stock is worth. Follow their fair value or set your own to get alerts.

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Applied Digital

15-Year CoreWeave Lease And AI Demand Will Elevate Data Centers

Key Takeaways Long-term AI hyperscaler contracts, efficient building processes, and strategic locations drive revenue growth, margin expansion, and sustainability advantages. Growing pipeline with major hyperscale clients and industry demand lowers customer risk and supports earnings visibility amid the digital transformation trend.
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US$20.00
FV
6.6% undervalued intrinsic discount
73.70%
Revenue growth p.a.
3users have liked this narrative
0users have commented on this narrative
130users have followed this narrative
Updated narrative
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Applied Digital

Accelerating AI Adoption Will Expand Data Center Capacity

Key Takeaways Long-term AI infrastructure contracts, rapid build times, and sustainable tech position the company to outpace industry growth and command premium pricing. Strategic partnerships and high entry barriers enable strong relationships with hyperscalers, supporting predictable earnings and continued market share gains.
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US$24.00
FV
22.2% undervalued intrinsic discount
82.02%
Revenue growth p.a.
1users have liked this narrative
0users have commented on this narrative
5users have followed this narrative
4 days ago author updated this narrative
APLD logo
Applied Digital

Regulatory And Geopolitical Risks Will Impair Future Data Center Margins

Key Takeaways Escalating regulatory pressures, supply chain disruptions, and fast technology changes threaten Applied Digital's margins, project delivery, and long-term profitability. Over-reliance on large leases and high debt needs increase volatility, customer risk, shareholder dilution, and challenges to sustainable earnings growth.
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US$13.00
FV
43.7% overvalued intrinsic discount
75.35%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
18 days ago author updated this narrative
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Applied Digital Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Applied Digital
Historical stock prices
Current Share PriceUS$18.68
52 Week HighUS$18.71
52 Week LowUS$3.31
Beta6.46
1 Month Change32.58%
3 Month Change61.73%
1 Year Change206.73%
3 Year Change768.84%
5 Year Change28,203.46%
Change since IPO-40.70%

Recent News & Updates

Applied Digital's AI Potential Is Huge - Markets Disagree

Sep 09

Why Investors Shouldn't Be Surprised By Applied Digital Corporation's (NASDAQ:APLD) 28% Share Price Surge

Aug 31
Why Investors Shouldn't Be Surprised By Applied Digital Corporation's (NASDAQ:APLD) 28% Share Price Surge

Recent updates

Applied Digital's AI Potential Is Huge - Markets Disagree

Sep 09

Why Investors Shouldn't Be Surprised By Applied Digital Corporation's (NASDAQ:APLD) 28% Share Price Surge

Aug 31
Why Investors Shouldn't Be Surprised By Applied Digital Corporation's (NASDAQ:APLD) 28% Share Price Surge

What You Can Learn From Applied Digital Corporation's (NASDAQ:APLD) P/S After Its 30% Share Price Crash

Jul 08
What You Can Learn From Applied Digital Corporation's (NASDAQ:APLD) P/S After Its 30% Share Price Crash

Why Investors Shouldn't Be Surprised By Applied Digital Corporation's (NASDAQ:APLD) 63% Share Price Surge

May 16
Why Investors Shouldn't Be Surprised By Applied Digital Corporation's (NASDAQ:APLD) 63% Share Price Surge

Applied Digital: REIT Focus Is A Strategic Pivot For Growth

Apr 16

Applied Digital Corporation (NASDAQ:APLD) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless

Mar 31
Applied Digital Corporation (NASDAQ:APLD) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless
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400-Megawatt Ellendale Campus Will Increase HPC Capacity For AI

Strategic partnerships and extended financing improve Applied Digital's capital resources for expansion in high-performance computing and data center projects.

Applied Digital: A High-Risk Lottery Ticket In The AI Infrastructure Gold Rush

Mar 08

Applied Digital: Assessing The Macquarie Deal And FY Q2-25 Earnings

Jan 15

Applied Digital: Building A Starter Position On This High Growth Play

Jan 06

Applied Digital: A Generational Opportunity In The HPC Data Center Industry

Dec 31

After Leaping 56% Applied Digital Corporation (NASDAQ:APLD) Shares Are Not Flying Under The Radar

Dec 02
After Leaping 56% Applied Digital Corporation (NASDAQ:APLD) Shares Are Not Flying Under The Radar

Applied Digital: Q4 2024 Earnings And Nvidia Investment

Sep 06

Applied Digital: An Alternative Way To Invest In AI Infrastructure

Jul 09

Applied Digital: A Growing List Of Challenges

Apr 12

Shareholder Returns

APLDUS ITUS Market
7D34.5%0.3%1.7%
1Y206.7%16.5%18.7%

Return vs Industry: APLD exceeded the US IT industry which returned 16.5% over the past year.

Return vs Market: APLD exceeded the US Market which returned 18.7% over the past year.

Price Volatility

Is APLD's price volatile compared to industry and market?
APLD volatility
APLD Average Weekly Movement14.3%
IT Industry Average Movement8.8%
Market Average Movement6.4%
10% most volatile stocks in US Market17.2%
10% least volatile stocks in US Market3.0%

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 (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a205Wes Cumminsapplieddigital.com

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting 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$5.03b
Earnings (TTM)-US$160.95m
Revenue (TTM)US$144.19m
34.9x
P/S Ratio
-31.3x
P/E Ratio

Is APLD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
APLD income statement (TTM)
RevenueUS$144.19m
Cost of RevenueUS$101.45m
Gross ProfitUS$42.74m
Other ExpensesUS$203.69m
Earnings-US$160.95m

Last Reported Earnings

May 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.60
Gross Margin29.64%
Net Profit Margin-111.62%
Debt/Equity Ratio108.6%

How did APLD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/14 16:42
End of Day Share Price 2025/09/12 00:00
Earnings2025/05/31
Annual Earnings2025/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Applied Digital Corporation is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas GilesB. Riley Securities, Inc.
Caydee BlankenshipCFRA Equity Research
Gregory MillerCitizens JMP Securities, LLC