Applied Digital Corporation (NASDAQ:APLD) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Applied Digital Corporation (NASDAQ:APLD) has received a consensus rating of “Moderate Buy” from the fifteen analysts that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, eleven have given a buy rating and two have issued a strong buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $42.7778.

A number of brokerages recently issued reports on APLD. Citizens Jmp reiterated a “market outperform” rating and issued a $40.00 price target on shares of Applied Digital in a research note on Thursday, April 9th. Freedom Capital upgraded shares of Applied Digital to a “strong-buy” rating in a research note on Tuesday, January 6th. Needham & Company LLC reiterated a “buy” rating and issued a $41.00 price target on shares of Applied Digital in a research note on Thursday, January 8th. Northland Securities set a $56.00 price target on shares of Applied Digital in a research note on Wednesday, January 28th. Finally, Lake Street Capital reissued a “buy” rating and set a $45.00 price objective on shares of Applied Digital in a report on Tuesday, December 30th.

Trending Headlines about Applied Digital

Here are the key news stories impacting Applied Digital this week:

• Positive Sentiment: Analyst/valuation pieces highlight Applied Digital’s pivot from crypto hosting to hyperscale AI data centers, noting long‑term leases and growing AI demand that could support recurring cash flows and justify higher valuation. Assessing Applied Digital (APLD) Valuation As AI Data Center Leases And Hyperscale Partnerships Gain Traction
• Positive Sentiment: Bullish retail/coverage pieces argue APLD’s strong YTD performance and growth runway leave upside — one outlet projects further multi‑month gains based on AI demand and momentum. Prediction: This Artificial Intelligence (AI) Stock That Has Jumped by Over 5x in a Year Can Still Soar by 66% or More
• Positive Sentiment: Market write‑ups emphasize differentiation (large 100+ MW sites) and note H.C. Wainwright’s reiterated Buy and $40 price target after quarterly results — supportive for sentiment and analyst‑led buying. Here’s the Impact of Applied Digital Corp (APLD) Differentiation in the Data Center Market
• Neutral Sentiment: Applied Digital granted new executive management incentive units — aligns management with long‑term performance but creates potential dilution; market reaction depends on plan size and vesting. Applied Digital Grants New Executive Management Incentive Units
• Neutral Sentiment: Broader industry/peer stories (IREN power pipeline, Babcock & Wilcox AI‑linked projects) are influencing investor appetite for AI‑infrastructure names but are not specific to APLD fundamentals. Can 4.5GW Power Pipeline Drive IREN’s $3.7B AI Cloud ARR Target? Babcock & Wilcox (BW) AI Ride Propels 191% Jump This Year
• Negative Sentiment: Analyst cuts to FY2026 EPS estimates were reported, which can pressure near‑term sentiment and imply more conservative forecasts on margin/capex given ongoing losses. FY2026 EPS Estimates for Applied Digital Cut by Analyst
• Negative Sentiment: Related report: H.C. Wainwright reduced earnings estimates (separate note), signaling downward revisions that may limit near‑term upside despite their Buy rating and $40 PT. HC Wainwright Reduces Earnings Estimates for Applied Digital

Insiders Place Their Bets

In other Applied Digital news, Director Chuck Hastings sold 45,987 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $38.57, for a total transaction of $1,773,718.59. Following the sale, the director owned 388,372 shares of the company’s stock, valued at approximately $14,979,508.04. This trade represents a 10.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 9.50% of the company’s stock.

Institutional Trading of Applied Digital

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APLD. Noble Wealth Management PBC acquired a new stake in Applied Digital during the fourth quarter worth approximately $25,000. Albion Financial Group UT acquired a new stake in Applied Digital during the fourth quarter worth approximately $25,000. Activest Wealth Management acquired a new stake in Applied Digital during the fourth quarter worth approximately $25,000. Ameriflex Group Inc. acquired a new stake in Applied Digital during the fourth quarter worth approximately $25,000. Finally, McMillan Office Inc. acquired a new stake in Applied Digital during the fourth quarter worth approximately $25,000. Institutional investors and hedge funds own 65.67% of the company’s stock.

Applied Digital Price Performance

Shares of Applied Digital stock opened at $31.53 on Monday. Applied Digital has a 52-week low of $3.81 and a 52-week high of $42.27. The company has a 50 day moving average of $28.60 and a 200 day moving average of $29.79. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.65. The company has a market capitalization of $9.01 billion, a P/E ratio of -42.61 and a beta of 7.25.

Applied Digital (NASDAQ:APLD) last issued its quarterly earnings results on Wednesday, April 8th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.23). Applied Digital had a negative return on equity of 15.91% and a negative net margin of 52.84%.The firm had revenue of $108.55 million during the quarter, compared to analysts’ expectations of $78.47 million. During the same quarter in the prior year, the firm earned ($0.08) EPS. The firm’s revenue was up 139.3% compared to the same quarter last year. As a group, research analysts forecast that Applied Digital will post -0.96 EPS for the current fiscal year.

Applied Digital Company Profile

Applied Digital (NASDAQ: APLD) is a technology company specializing in the development and operation of large-scale digital infrastructure and sustainable Bitcoin mining solutions. Through its integrated platform, the company designs, builds and manages turnkey data center facilities while also providing comprehensive hosting services for cloud, colocation and enterprise computing needs. Applied Digital’s modular approach to facility design enables rapid deployment of capacity and streamlined integration of power, cooling and network connectivity.

In addition to its data center business, Applied Digital operates a network of Bitcoin mining sites that leverage vertically integrated capabilities, including hardware procurement, mining farm engineering, energy management and real-time performance monitoring.