Applied DigitalAPLD
APLD
About: Applied Digital Corp is a designer, developer, and operator of next-generation digital infrastructure across North America. It provides digital infrastructure solutions and cloud services to industries like High-Performance Computing (HPC) and Artificial Intelligence (AI). The company operates in the following business segments; Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The majority of its revenue is generated from the Data Center Hosting Business which operates data centers to provide energized space to crypto mining customers.
Employees: 150
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
234% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 29
103% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 39
39% more funds holding
Funds holding: 167 [Q3] → 232 (+65) [Q4]
38% more call options, than puts
Call options by funds: $86.4M | Put options by funds: $62.5M
5.51% more ownership
Funds ownership: 63.14% [Q3] → 68.65% (+5.51%) [Q4]
1% less capital invested
Capital invested by funds: $1.12B [Q3] → $1.11B (-$8.6M) [Q4]
25% less funds holding in top 10
Funds holding in top 10: 8 [Q3] → 6 (-2) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$10
6%
downside
Avg. target
$13.40
26%
upside
High target
$20
88%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
Northland Capital Markets Mike Grondahl 57% 1-year accuracy 25 / 44 met price target | 88%upside $20 | Outperform Maintained | 4 Feb 2025 |
Compass Point Joe Flynn 67% 1-year accuracy 2 / 3 met price target | 6%downside $10 | Buy Initiated | 28 Jan 2025 |
HC Wainwright & Co. Kevin Dede 48% 1-year accuracy 30 / 62 met price target | 13%upside $12 | Buy Maintained | 15 Jan 2025 |
Cantor Fitzgerald Brett Knoblauch 68% 1-year accuracy 55 / 81 met price target | 31%upside $14 | Overweight Maintained | 15 Jan 2025 |
Needham John Todaro 76% 1-year accuracy 53 / 70 met price target | 3%upside $11 | Buy Reiterated | 15 Jan 2025 |
Financial journalist opinion
Based on 6 articles about APLD published over the past 30 days
Positive
The Motley Fool
19 hours ago
Why Applied Digital Stock Is Skyrocketing Today
Applied Digital (APLD 13.46%) stock is surging higher in Friday's trading. The data center company's share price was up 13.6% as of 10:30 a.m.
Positive
The Motley Fool
3 days ago
25 Top AI Stocks That Could Boost Your Portfolio
The artificial intelligence (AI) revolution is reshaping the global economy at an unprecedented pace, with innovations emerging across every sector from healthcare to transportation. As companies race to integrate AI capabilities into products and services, investors are keenly searching for opportunities to capitalize on this technological transformation.
Positive
The Motley Fool
1 week ago
Why Applied Digital Stock Is Skyrocketing Today
Applied Digital (APLD 13.46%) stock is seeing huge gains in Friday's trading. The company's share price was up 12.7% as of 10:15 a.m.
Neutral
GlobeNewsWire
1 week ago
Applied Digital Closes $375 Million Financing with SMBC to Support Ellendale HPC Campus
Sumitomo Mitsui Banking Corporation (“SMBC”) leads a $375 million financing for the Company's Ellendale High Performance Computing (“HPC”) data center campus (the “Ellendale HPC Campus”) Provides further validation of the Ellendale HPC Campus through a partnership with one of the world's leading data center financing platforms DALLAS, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure for HPC applications, announced today that the Company, through its HPC subsidiary APLD HPC Holdings LLC (“APLDH”), closed a $375 million financing with SMBC. The Company used a portion of the proceeds to repay its obligations under the Macquarie Capital senior secured note, and the remaining proceeds are intended to be used to advance the development of the first and second data center buildings at the Ellendale HPC Campus.
Neutral
The Motley Fool
3 weeks ago
3 Artificial Intelligence (AI) Stocks I'm Buying on the Dip
Wall Street spiraled into panic mode Monday when Chinese artificial intelligence (AI) company DeepSeek unboxed a chatbot that reportedly matches OpenAI's capabilities, while requiring significantly less computational power. The news triggered a massive sell-off in Nvidia shares, which plunged 17% and erased nearly $600 billion in market value -- the largest single-day loss for any public company in history.
Positive
The Motley Fool
4 weeks ago
3 Artificial Intelligence (AI) Stocks That Could Go on a Multidecade Run
Since ChatGPT burst onto the scene in late 2022, the artificial intelligence (AI) revolution has been nothing short of extraordinary. Early movers like Nvidia, Microsoft, and Broadcom have already delivered staggering returns for investors who recognized the potential of AI infrastructure.
Positive
Zacks Investment Research
1 month ago
Applied Digital Rises 6% in a Week: Buy, Sell, or Hold the Stock?
APLD shares benefit from an expanding data center capacity, which aids top-line growth. However, stretched valuation is a concern.
Positive
Business Insider
1 month ago
Applied Digital Is Building Datacenters In North Dakota For The Next Generation of AI And Computing
Sponsored by Dell Technologies. The demand for AI-powered tools and high-performance computing is reaching new heights.
Neutral
Zacks Investment Research
1 month ago
APLD Q2 Earnings Lag Estimates, Revenues in Line, Shares Fall
Applied Digital's second-quarter fiscal 2025 results benefit from growing demand for its Cloud Services and Data Center Hosting business.
Negative
Benzinga
1 month ago
Applied Digital, Vericel, Calavo Growers And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Wednesday.
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