Applied Digital (APLD) News Today

Applied Digital Corporation (NASDAQ:APLD) shares rose today, supported by bullish analyst actions and positive industry commentary. Key developments:

• Positive Sentiment: Shares climbed about 2.3% after analysts at HC Wainwright and other firms upgraded their outlook and lifted price targets to $20, while maintaining “Buy” ratings. HC Wainwright Upgrade American Banking News
• Positive Sentiment: HC Wainwright forecasts FY2027 EPS of $0.04, reiterates Buy rating with a $20 target. FY2027 EPS Outlook
• Positive Sentiment: Zacks highlights APLD’s AI-focused strategy, long-term contracts and Polaris Forge buildout, noting a relatively attractive 13.5× price-to-sales multiple. Zacks Analysis
• Positive Sentiment: Wall Street consensus price targets imply roughly 25% upside for APLD. Upside Potential
• Neutral Sentiment: HC Wainwright updated its FY2026 quarterly EPS estimates—Q1: (-$0.08), Q2: (-$0.04), Q3: $0.03, Q4: $0.00—while maintaining the Buy rating and $20 target.
• Neutral Sentiment: Short interest remains negligible, with 0 days to cover based on average volume.
• Negative Sentiment: HC Wainwright trimmed certain EPS forecasts: Q4 2026 EPS down to $0.00 from $0.07, Q1 2026 to (-$0.08) from (-$0.01), and FY2026 to (-$0.08) from $0.07, reflecting near-term margin pressure.

Overall, renewed analyst enthusiasm and strategic execution milestones are driving the uptick in APLD’s share price, even as some near-term earnings estimates were trimmed.