NASDAQ:APLD Applied Digital (APLD) Stock Price, News & Analysis $8.27 +0.23 (+2.86%) (As of 10/28/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Applied Digital Stock (NASDAQ:APLD) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Applied Digital alerts:Sign Up Key Stats Today's Range$8.13▼$8.6450-Day Range$3.15▼$9.1352-Week Range$2.36▼$9.48Volume8.40 million shsAverage Volume6.94 million shsMarket Capitalization$1.78 billionP/E RatioN/ADividend YieldN/APrice Target$10.50Consensus RatingBuy Company OverviewApplied 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. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.Read More… top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (Ad)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… Applied Digital Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks79th Percentile Overall ScoreAPLD MarketRank™: Applied Digital scored higher than 79% of companies evaluated by MarketBeat, and ranked 497th out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.5 / 5Analyst RatingBuy Consensus RatingApplied Digital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageApplied Digital has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Applied Digital's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Applied Digital are expected to grow in the coming year, from ($0.69) to ($0.08) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Applied Digital is -7.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Applied Digital is -7.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioApplied Digital has a P/B Ratio of 7.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Applied Digital's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted16.13% of the float of Applied Digital has been sold short.Short Interest Ratio / Days to CoverApplied Digital has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Applied Digital has recently increased by 3.98%, indicating that investor sentiment is decreasing. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldApplied Digital does not currently pay a dividend.Dividend GrowthApplied Digital does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted16.13% of the float of Applied Digital has been sold short.Short Interest Ratio / Days to CoverApplied Digital has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Applied Digital has recently increased by 3.98%, indicating that investor sentiment is decreasing. News and Social Media2.6 / 5News Sentiment0.59 News SentimentApplied Digital has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Applied Digital this week, compared to 5 articles on an average week.Search InterestOnly 55 people have searched for APLD on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.MarketBeat Follows40 people have added Applied Digital to their MarketBeat watchlist in the last 30 days. This is an increase of 82% compared to the previous 30 days. Company Ownership4.2 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Applied Digital insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $724,700.00 in company stock.Percentage Held by Insiders20.50% of the stock of Applied Digital is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions65.67% of the stock of Applied Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Applied Digital's insider trading history. Receive APLD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Applied Digital and its competitors with MarketBeat's FREE daily newsletter. Email Address APLD Stock News HeadlinesDouglas S. Miller Sells 10,000 Shares of Applied Digital Co. (NASDAQ:APLD) StockOctober 22, 2024 | insidertrades.comApplied Digital Co. (NASDAQ:APLD) Director Richard N. Nottenburg Sells 80,000 SharesOctober 17, 2024 | insidertrades.comUrgent: This election is riggedIf you missed it, my emergency election broadcast is now available - but will be removed soonOctober 29, 2024 | Porter & Company (Ad)Volatility in Applied Digital May Create an Entry OpportunityApplied Digital stock is showing volatile price action after a positive earnings report but this may create an opportunity for patient investorsOctober 11, 2024 | marketbeat.com12 High-Growth Stocks That Could Deliver Parabolic ReturnsOctober 28 at 10:00 AM | fool.comInvestors Buy High Volume of Call Options on Applied Digital (NASDAQ:APLD)October 24, 2024 | americanbankingnews.comApplied Digital Options Trading: A Deep Dive into Market SentimentOctober 23, 2024 | benzinga.comApplied Digital Co. (NASDAQ:APLD) Director Sells $80,100.00 in StockOctober 23, 2024 | americanbankingnews.comSee More Headlines APLD Stock Analysis - Frequently Asked Questions How have APLD shares performed this year? Applied Digital's stock was trading at $6.74 at the beginning of 2024. Since then, APLD stock has increased by 22.7% and is now trading at $8.27. View the best growth stocks for 2024 here. How were Applied Digital's earnings last quarter? Applied Digital Co. (NASDAQ:APLD) released its quarterly earnings data on Wednesday, October, 9th. The company reported ($0.15) EPS for the quarter, topping analysts' consensus estimates of ($0.28) by $0.13. Applied Digital's quarterly revenue was up 67.2% compared to the same quarter last year. When did Applied Digital IPO? Applied Digital (APLD) raised $40 million in an initial public offering (IPO) on Wednesday, April 13th 2022. The company issued 8,000,000 shares at $5.00 per share. Who are Applied Digital's major shareholders? Applied Digital's top institutional shareholders include Exchange Traded Concepts LLC (0.53%), Hunter Associates Investment Management LLC (0.31%), SG Americas Securities LLC (0.04%) and Private Advisor Group LLC (0.03%). Insiders that own company stock include Douglas S Miller and Virginia Moore. View institutional ownership trends. How do I buy shares of Applied Digital? Shares of APLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Applied Digital own? Based on aggregate information from My MarketBeat watchlists, some other companies that Applied Digital investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), American Water Works (AWK), DiamondRock Hospitality (DRH), AUO (AUOTY) and Triple Flag Precious Metals (TFPM). Company Calendar Last Earnings10/09/2024Today10/29/2024Next Earnings (Estimated)1/21/2025Fiscal Year End5/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Data processing & preparation Sub-IndustryBusiness Services Current SymbolNASDAQ:APLD CUSIPN/A CIK1144879 Webapplieddigital.com Phone214-427-1704Fax865-777-3767Employees121Year FoundedN/APrice Target and Rating Average Stock Price Target$10.50 High Stock Price Target$12.00 Low Stock Price Target$9.00 Potential Upside/Downside+27.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($1.17) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-149,270,000.00 Net Margins-74.95% Pretax Margin-74.74% Return on Equity-88.87% Return on Assets-20.16% Debt Debt-to-Equity Ratio0.62 Current Ratio0.22 Quick Ratio0.22 Sales & Book Value Annual Sales$165.57 million Price / Sales10.76 Cash FlowN/A Price / Cash FlowN/A Book Value$1.12 per share Price / Book7.38Miscellaneous Outstanding Shares215,360,000Free Float171,210,000Market Cap$1.78 billion OptionableOptionable Beta4.56 10 Best Stocks to Own in 2025Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio. Get This Free Report This page (NASDAQ:APLD) was last updated on 10/29/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligen...Traders Agency | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | SponsoredElon Musk Drops Stunning Bombshell?Elon Musk just dropped a BOMBSHELL that could send shockwaves throughout the tech industry… While deliverin...Paradigm Press | SponsoredTrump or Kamala? It may come down to this strange twist…Could this be the key to America's second coming? 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