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 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures 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
5.7% more ownership
Funds ownership: 63.11% [Q3] → 68.81% (+5.7%) [Q4]
0% less capital invested
Capital invested by funds: $1.12B [Q3] → $1.11B (-$4.91M) [Q4]
25% less funds holding in top 10
Funds holding in top 10: 8 [Q3] → 6 (-2) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7
36%
upside
Avg. target
$8
56%
upside
High target
$10
95%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Needham John Todaro 37% 1-year accuracy 26 / 71 met price target | 95%upside $10 | Buy Reiterated | 23 Apr 2025 |
Cantor Fitzgerald Brett Knoblauch 30% 1-year accuracy 22 / 73 met price target | 36%upside $7 | Overweight Maintained | 15 Apr 2025 |
HC Wainwright & Co. Kevin Dede 32% 1-year accuracy 19 / 59 met price target | 36%upside $7 | Buy Maintained | 15 Apr 2025 |
Financial journalist opinion
Based on 19 articles about APLD published over the past 30 days
Positive
MarketBeat
2 hours ago
3 Red-Hot Cloud Infrastructure Stocks Powering 2025 Growth
The size of the global cloud computing market is expected to roughly double from 2023 to 2028, reaching nearly $1.3 trillion by the end of that five-year period. Demand for cloud computing continues to surge, and the companies that make this technology possible—data centers, platform operators, and others catering to cloud infrastructure needs—stand to be primary recipients of the increase in spending on all things cloud.
Positive
The Motley Fool
4 hours ago
5 No-Brainer AI Stocks to Buy in May
Artificial intelligence (AI) may be the most transformative technological revolution since the advent of the internet. Economic forecasts project that AI could add $15.7 trillion to the global economy by 2030, fundamentally reshaping industries from healthcare and finance to manufacturing and entertainment.
Positive
The Motley Fool
5 days ago
Why Applied Digital Stock Is Skyrocketing Today
Applied Digital (APLD 14.43%) stock is posting big gains in Thursday's trading. The company's share price was up 14.5% as of 3:30 p.m.
Neutral
GlobeNewsWire
6 days ago
Applied Digital Enters Into a $150 Million Convertible Preferred Equity Facility to Advance Development of Ellendale Multi-Building HPC Campus
Draws on the Facility are at the Company's discretion; The Company will provide an update on a lease for the Company's Ellendale High Performance Computing data center campus (the “Ellendale HPC Campus”) in the near term
Negative
Zacks Investment Research
1 week ago
How to Play APLD Stock After a 27% Decline Following Q3 Results?
Applied Digital Corporation's APLD shares have plunged 27.4% since the company announced its third-quarter fiscal 2025 results on April 14. The stock has underperformed the broader Finance sector's decline of 4.1%.
Positive
The Motley Fool
1 week ago
Could Applied Digital Be the Best Under-The-Radar AI Stock?
Applied Digital (APLD 1.36%), a builder of big data centers, has been a major beneficiary of the artificial intelligence (AI) boom over the past few years. It originally rented out its centers to Bitcoin miners and other blockchain firms, but it pivoted toward serving the high-performance computing, AI, and machine learning markets in late 2022.
Neutral
MarketBeat
2 weeks ago
Applied Digital: AI Data Center Hype or Real Value?
Applied Digital Inc. NASDAQ: APLD designs and operates purpose-built artificial intelligence (AI) data centers. The computer and technology sector company originally provided cryptocurrency mining hosting services, as Applied Blockchain provided hosting services for one of the largest bitcoin miners, MARA Holdings Inc. NASDAQ: MARA.
Positive
Seeking Alpha
2 weeks ago
Applied Digital: 3 Reasons We Think Now Is The Time To Buy
Applied Digital has pivoted from cryptocurrency mining solutions to providing digital infrastructure, focusing on a massive AI-first data center in Ellendale, North Dakota. Despite delays in securing hyperscale customers, APLD's solid financials and positive adjusted EBITDA indicate strong liquidity and solvency. The Ellendale project, funded by significant Capex and debt, is expected to drive future revenue and EPS growth, making APLD a compelling investment.
Positive
Seeking Alpha
3 weeks ago
Applied Digital: REIT Focus Is A Strategic Pivot For Growth
Applied Digital mentioned a plan to transition into a REIT for the first time since announcing its strategic shift to building and leasing HPC data centers. The sale of the cloud services segment could provide Applied Digital with $570 million in cash, potentially reducing its exposure to future debt financing. I expect the lease agreement to be announced in the second half of 2025, especially with Macquarie's involvement with Applied Digital.
Negative
Zacks Investment Research
3 weeks ago
Applied Digital's Q3 Earnings & Revenues Miss Estimates, Stock Down
APLD's third-quarter fiscal 2025 results reflect strong cloud growth and better EBITDA despite a year-over-year dip in Data Center Hosting revenues.
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