image
Technology - Information Technology Services - NASDAQ - US
$ 13.915
-2.28 %
$ 3.64 B
Market Cap
-18.07
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Aug, 5, 2025.

The intrinsic value of one APLD stock under the worst case scenario is HIDDEN Compared to the current market price of 13.9 USD, Applied Digital Corporation is HIDDEN

This DCF valuation model was last updated on Aug, 5, 2025.

The intrinsic value of one APLD stock under the base case scenario is HIDDEN Compared to the current market price of 13.9 USD, Applied Digital Corporation is HIDDEN

This DCF valuation model was last updated on Aug, 5, 2025.

The intrinsic value of one APLD stock under the best case scenario is HIDDEN Compared to the current market price of 13.9 USD, Applied Digital Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart APLD

image
$16.0$16.0$14.0$14.0$12.0$12.0$10.0$10.0$8.0$8.0$6.0$6.0$4.0$4.0$2.0$2.015 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '2515 Jul15 JulAug '25Aug '25
FINANCIALS
144 M REVENUE
-12.91%
-16.8 M OPERATING INCOME
82.99%
-231 M NET INCOME
-54.79%
-115 M OPERATING CASH FLOW
-836.61%
-668 M INVESTING CASH FLOW
-287.19%
0 FINANCING CASH FLOW
0.00%
-33.3 M REVENUE
-62.92%
-130 M OPERATING INCOME
-587.64%
-52.5 M NET INCOME
-47.76%
6.86 M OPERATING CASH FLOW
16.25%
-202 M INVESTING CASH FLOW
21.76%
-817 M FINANCING CASH FLOW
-411.02%
Balance Sheet Applied Digital Corporation
image
Current Assets 431 M
Cash & Short-Term Investments 114 M
Receivables 3.04 M
Other Current Assets 314 M
Non-Current Assets 1.44 B
Long-Term Investments 7 M
PP&E 1.29 B
Other Non-Current Assets 138 M
6.09 %16.77 %69.23 %7.37 %Total Assets$1.9b
Current Liabilities 558 M
Accounts Payable 248 M
Short-Term Debt 24.7 M
Other Current Liabilities 286 M
Non-Current Liabilities 678 M
Long-Term Debt 678 M
Other Non-Current Liabilities 0
20.02 %23.13 %54.86 %Total Liabilities$1.2b
EFFICIENCY
Earnings Waterfall Applied Digital Corporation
image
Revenue 144 M
Cost Of Revenue 101 M
Gross Profit 42.7 M
Operating Expenses 59.6 M
Operating Income -16.8 M
Other Expenses 214 M
Net Income -231 M
150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)(250m)(250m)144m(101m)43m(60m)(17m)(214m)(231m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
29.64% GROSS MARGIN
29.64%
-109.81% OPERATING MARGIN
-109.81%
-109.81% NET MARGIN
-109.81%
-31.81% ROE
-31.81%
-8.47% ROA
-8.47%
-11.85% ROIC
-11.85%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Applied Digital Corporation
image
00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)(120m)(120m)(140m)(140m)2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -231 M
Depreciation & Amortization 97.9 M
Capital Expenditures 0
Stock-Based Compensation 22.7 M
Change in Working Capital 0
Others 0
Free Cash Flow -115 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Applied Digital Corporation
image
Wall Street analysts predict an average 1-year price target for APLD of $8.5 , with forecasts ranging from a low of $5 to a high of $10 .
APLD Lowest Price Target Wall Street Target
5 USD -64.07%
APLD Average Price Target Wall Street Target
8.5 USD -38.91%
APLD Highest Price Target Wall Street Target
10 USD -28.14%
Price
Max Price Target
Min Price Target
Average Price Target
161614141212101088664422Sep '24Sep '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Applied Digital Corporation
image
Sold
0-3 MONTHS
288 K USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
2.62 M USD 2
9-12 MONTHS
965 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Applied Digital: Why a Surge in Bullish Bets Signals a New Era Most investors will tell you that it pays to listen when the market sends a clear signal. On August 1, 2025, the market for Applied Digital Corporation NASDAQ: APLD was practically shouting. marketbeat.com - 3 days ago
Applied Digital: The Back Door To Play AI Infrastructure Demand Applied Digital's data centers are unique in that they focus on AI uses. It's what landed them an upgraded $11B CoreWeave deal, driving strong growth and my optimism. Recent earnings showed a major improvement: revenue up 41%, EPS loss narrowing, and substantial cash raised for further expansion. The accelerated construction timeline and robust crypto hosting provide both near-term cash flow and long-term growth potential. seekingalpha.com - 3 days ago
Why Applied Digital Stock Skyrocketed This Week Despite a pullback on Friday driven by bearish macroeconomic news, Applied Digital (APLD -4.76%) stock managed to close out this week's trading with big gains. The company's share price ended the stretch up 16.5% compared to where it stood at the end of the previous week's market close. fool.com - 5 days ago
Why Applied Digital Stock Is Sinking Today Applied Digital (APLD -6.66%) stock is losing ground Friday after posting huge gains in yesterday's session. The company's share price was down 3.7% as of 2:10 p.m. fool.com - 1 week ago
AI's Next Big Winner? Applied Digital's 30% Rally Says Yes (Upgrade) Applied Digital Corporation's pivot to AI data centers is gaining traction, highlighted by a $7B CoreWeave contract and strong Q4 earnings beat. Execution risk remains high: debt levels are elevated, valuation is rich, and profitability is still a future goal, not a reality. The company is accelerating buildouts, securing financing, and negotiating with multiple hyperscalers, signaling real progress toward its AI ambitions. seekingalpha.com - 1 week ago
Applied Digital (APLD) Q4 EPS Jumps 67% Applied Digital (APLD) Q4 EPS Jumps 67% fool.com - 1 week ago
Why Applied Digital Stock Skyrocketed 31% Today Shares of Applied Digital (APLD 31.01%) jumped on Thursday, finishing the day up 31%. The huge spike came as the S&P 500 and Nasdaq Composite lost 0.4% and 0.1%, respectively. fool.com - 1 week ago
Stock Market Today: Applied Digital Soars 31% on CoreWeave Deal and Earnings Surprise Applied Digital (APLD 30.51%) stock skyrocketed 31% on Thursday to close at $13.14, making it one of the day's top-performing small-cap tech stocks. The rally was likely related to the company's stronger-than-expected fiscal Q4 earnings report (released Wednesday after market close) and a major expansion of its long-term lease agreement with AI hyperscaler CoreWeave (CRWV 11.10%). fool.com - 1 week ago
Applied Digital's Q4 Earnings & Revenues Meet Estimates, Stock Up APLD's fiscal Q4 revenues rose 41%, and major CoreWeave contracts helped drive a sharp pre-market stock rally. zacks.com - 1 week ago
Why Applied Digital Is Soaring Over 35% Right Now Applied Digital signed a 15-year, 400 MW lease with CoreWeave worth $11 billion. Shares are up more than 35% as analysts raise targets and investors reposition APLD as a serious AI infrastructure provider. 247wallst.com - 1 week ago
Applied Digital Corporation (APLD) Q4 2025 Earnings Call Transcript Applied Digital Corporation (NASDAQ:APLD ) Q4 2025 Earnings Conference Call July 30, 2025 5:00 PM ET Company Participants Mohammad Saidal L. Mohmand - Chief Financial Officer Wesley Cummins - Chairman, CEO, President, Secretary & Treasurer Conference Call Participants Darren Paul Aftahi - ROTH Capital Partners, LLC, Research Division George Frederick Sutton - Craig-Hallum Capital Group LLC, Research Division Michael John Grondahl - Northland Securities, Inc. Nicholas Giles - B. seekingalpha.com - 1 week ago
Applied Digital Corporation (APLD) Reports Q4 Loss, Tops Revenue Estimates Applied Digital Corporation (APLD) came out with a quarterly loss of $0.12 per share in line with the Zacks Consensus Estimate. This compares to a loss of $0.52 per share a year ago. zacks.com - 1 week ago
8. Profile Summary

Applied Digital Corporation APLD

image
COUNTRY US
INDUSTRY Information Technology Services
MARKET CAP $ 3.64 B
Dividend Yield 0.09%
Description Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America. It operates through three segments: Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. 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.
Contact 3811 Turtle Creek Boulevard, Dallas, TX, 75219 https://applieddigital.com
IPO Date April 13, 2022
Employees 150
Officers Ms. Laura Laltrello Chief Operating Officer Mr. Mohammad Saidal L. Mohmand Chief Financial Officer Mr. Mark Chavez Chief Compliance Officer & General Counsel Mr. Todd Gale Chief Development Officer Ms. LaTascha Durden Vice President of Human Resources Mr. Nick Phillips Executive Vice President of Public Affairs Ms. Erin Gracey Kraxberger Chief Marketing Officer Mr. Jason Zhang Co-Founder & Chief Strategy Officer Mr. Wesley Cummins Chairman, Chief Executive Officer, President, Secretary & Treasurer