Applied Digital FY2025 EPS Estimate Raised by HC Wainwright

Applied Digital Co. (NASDAQ:APLD - Free Report) - Stock analysts at HC Wainwright increased their FY2025 EPS estimates for Applied Digital in a research note issued to investors on Tuesday, April 15th. HC Wainwright analyst K. Dede now anticipates that the company will post earnings of ($0.96) per share for the year, up from their prior estimate of ($1.08). HC Wainwright has a "Buy" rating and a $7.00 price target on the stock. The consensus estimate for Applied Digital's current full-year earnings is ($0.96) per share. HC Wainwright also issued estimates for Applied Digital's Q4 2025 earnings at ($0.09) EPS and FY2026 earnings at ($0.33) EPS.

A number of other analysts have also recently weighed in on APLD. Compass Point started coverage on shares of Applied Digital in a research note on Tuesday, January 28th. They issued a "buy" rating and a $10.00 target price on the stock. Northland Securities raised their target price on Applied Digital from $12.00 to $20.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 4th. Cantor Fitzgerald lowered their price target on Applied Digital from $14.00 to $7.00 and set an "overweight" rating on the stock in a research report on Tuesday. Finally, Needham & Company LLC cut their price objective on Applied Digital from $11.00 to $10.00 and set a "buy" rating for the company in a report on Tuesday. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $10.67.

Applied Digital Stock Performance

APLD stock traded down $0.14 during midday trading on Friday, hitting $3.94. The stock had a trading volume of 36,300,379 shares, compared to its average volume of 28,302,324. Applied Digital has a 52 week low of $2.36 and a 52 week high of $12.48. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.22. The stock has a 50-day simple moving average of $6.78 and a 200 day simple moving average of $7.78. The firm has a market capitalization of $885.39 million, a price-to-earnings ratio of -2.28 and a beta of 5.18.

Applied Digital (NASDAQ:APLD - Get Free Report) last announced its quarterly earnings data on Monday, April 14th. The company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.05). The firm had revenue of $52.92 million during the quarter, compared to the consensus estimate of $62.91 million. Applied Digital had a negative return on equity of 117.67% and a negative net margin of 127.86%. During the same quarter in the prior year, the business posted ($0.24) EPS.

Hedge Funds Weigh In On Applied Digital

A number of institutional investors and hedge funds have recently bought and sold shares of APLD. Wilmington Savings Fund Society FSB raised its holdings in shares of Applied Digital by 100.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 4,000 shares of the company's stock valued at $31,000 after buying an additional 2,000 shares during the last quarter. R Squared Ltd acquired a new position in shares of Applied Digital during the fourth quarter worth approximately $36,000. US Bancorp DE bought a new stake in shares of Applied Digital during the fourth quarter valued at approximately $37,000. Jones Financial Companies Lllp acquired a new stake in shares of Applied Digital in the fourth quarter valued at approximately $39,000. Finally, Spire Wealth Management bought a new position in Applied Digital in the 4th quarter worth approximately $43,000. Institutional investors and hedge funds own 65.67% of the company's stock.

Applied Digital Company Profile

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.