Applied DigitalAPLD
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
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
233% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 30
98% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 40
41% more funds holding
Funds holding: 167 [Q3] → 235 (+68) [Q4]
38% more call options, than puts
Call options by funds: $86.4M | Put options by funds: $62.5M
5.68% more ownership
Funds ownership: 63.14% [Q3] → 68.82% (+5.68%) [Q4]
0% less capital invested
Capital invested by funds: $1.12B [Q3] → $1.11B (-$5.28M) [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
5 analyst ratings
Needham John Todaro 27% 1-year accuracy 20 / 73 met price target | 87%upside $11 | Buy Reiterated | 24 Feb 2025 |
Northland Capital Markets Mike Grondahl 37% 1-year accuracy 16 / 43 met price target | 240%upside $20 | Outperform Maintained | 4 Feb 2025 |
Compass Point Joe Flynn 0% 1-year accuracy 0 / 5 met price target | 70%upside $10 | Buy Initiated | 28 Jan 2025 |
HC Wainwright & Co. Kevin Dede 25% 1-year accuracy 13 / 52 met price target | 104%upside $12 | Buy Maintained | 15 Jan 2025 |
Cantor Fitzgerald Brett Knoblauch 23% 1-year accuracy 18 / 77 met price target | 138%upside $14 | Overweight Maintained | 15 Jan 2025 |
Financial journalist opinion
Based on 8 articles about APLD published over the past 30 days
