Q3 EPS Estimates for Applied Digital Raised by Roth Capital

Applied Digital Co. (NASDAQ:APLD - Free Report) - Investment analysts at Roth Capital increased their Q3 2025 earnings estimates for shares of Applied Digital in a research note issued to investors on Wednesday, January 15th. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings per share of ($0.04) for the quarter, up from their previous forecast of ($0.09). The consensus estimate for Applied Digital's current full-year earnings is ($0.40) per share. Roth Capital also issued estimates for Applied Digital's Q4 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.81) EPS, Q1 2026 earnings at ($0.04) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at $0.07 EPS and FY2026 earnings at $0.02 EPS.

Applied Digital (NASDAQ:APLD - Get Free Report) last announced its quarterly earnings results on Tuesday, January 14th. The company reported ($0.06) EPS for the quarter, beating analysts' consensus estimates of ($0.14) by $0.08. Applied Digital had a negative net margin of 74.95% and a negative return on equity of 88.87%. The company had revenue of $63.87 million for the quarter, compared to analysts' expectations of $62.41 million. During the same period in the prior year, the company posted ($0.05) EPS. Applied Digital's revenue was up 51.3% compared to the same quarter last year.

A number of other research analysts have also weighed in on APLD. Needham & Company LLC reaffirmed a "buy" rating and set a $11.00 target price on shares of Applied Digital in a report on Wednesday, January 15th. HC Wainwright boosted their price objective on shares of Applied Digital from $10.00 to $12.00 and gave the company a "buy" rating in a research note on Wednesday, January 15th. Lake Street Capital increased their target price on shares of Applied Digital from $7.00 to $11.00 and gave the stock a "buy" rating in a research note on Thursday, October 10th. Roth Mkm reaffirmed a "buy" rating and issued a $10.00 price target on shares of Applied Digital in a report on Thursday, October 10th. Finally, Cantor Fitzgerald lowered their price objective on Applied Digital from $15.00 to $14.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 15th. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat, Applied Digital currently has an average rating of "Buy" and an average price target of $11.29.

Applied Digital Stock Performance

Shares of NASDAQ APLD traded down $0.08 during mid-day trading on Monday, hitting $8.90. The company had a trading volume of 23,061,663 shares, compared to its average volume of 13,653,270. The stock's 50-day moving average price is $8.84 and its 200-day moving average price is $7.00. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of -7.61 and a beta of 4.78. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.62. Applied Digital has a 1 year low of $2.36 and a 1 year high of $11.25.

Institutional Trading of Applied Digital

Several institutional investors have recently added to or reduced their stakes in the business. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Applied Digital in the 3rd quarter valued at about $59,000. Beacon Harbor Wealth Advisors Inc. bought a new stake in Applied Digital in the third quarter valued at approximately $83,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Applied Digital during the third quarter valued at approximately $88,000. Gunderson Capital Management Inc. bought a new position in shares of Applied Digital in the fourth quarter worth approximately $83,000. Finally, Chesapeake Capital Corp IL purchased a new position in shares of Applied Digital in the third quarter worth $94,000. 65.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Wes Cummins sold 200,000 shares of the stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $9.20, for a total transaction of $1,840,000.00. Following the transaction, the chief executive officer now owns 3,875,955 shares of the company's stock, valued at approximately $35,658,786. This trade represents a 4.91 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard N. Nottenburg sold 19,369 shares of Applied Digital stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $7.51, for a total transaction of $145,461.19. Following the completion of the transaction, the director now owns 384,317 shares in the company, valued at approximately $2,886,220.67. The trade was a 4.80 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 269,369 shares of company stock worth $2,445,461. Corporate insiders own 11.81% of the company's stock.

About Applied Digital

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.