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Technology - Information Technology Services - NASDAQ - US
$ 7.335
-8.31 %
$ 1.63 B
Market Cap
-3.86
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one APLD stock under the worst case scenario is HIDDEN Compared to the current market price of 7.33 USD, Applied Digital Corporation is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one APLD stock under the base case scenario is HIDDEN Compared to the current market price of 7.33 USD, Applied Digital Corporation is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one APLD stock under the best case scenario is HIDDEN Compared to the current market price of 7.33 USD, Applied Digital Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
166 M REVENUE
198.92%
-99 M OPERATING INCOME
-124.77%
-149 M NET INCOME
-227.31%
13.8 M OPERATING CASH FLOW
-76.51%
-172 M INVESTING CASH FLOW
-30.55%
147 M FINANCING CASH FLOW
107.79%
63.9 M REVENUE
5.21%
-18.6 M OPERATING INCOME
-196.30%
-139 M NET INCOME
-3166.45%
-52.3 M OPERATING CASH FLOW
31.13%
-175 M INVESTING CASH FLOW
-436.51%
455 M FINANCING CASH FLOW
178.65%
Balance Sheet Applied Digital Corporation
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Current Assets 30.3 M
Cash & Short-Term Investments 3.34 M
Receivables 3.85 M
Other Current Assets 23.1 M
Non-Current Assets 733 M
Long-Term Investments 0
PP&E 713 M
Other Non-Current Assets 19.9 M
Current Liabilities 386 M
Accounts Payable 116 M
Short-Term Debt 305 M
Other Current Liabilities -35.3 M
Non-Current Liabilities 252 M
Long-Term Debt 252 M
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Applied Digital Corporation
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Revenue 166 M
Cost Of Revenue 148 M
Gross Profit 17.2 M
Operating Expenses 116 M
Operating Income -99 M
Other Expenses 50.3 M
Net Income -149 M
RATIOS
10.41% GROSS MARGIN
10.41%
-59.81% OPERATING MARGIN
-59.81%
-90.15% NET MARGIN
-90.15%
-119.58% ROE
-119.58%
-19.57% ROA
-19.57%
-14.53% ROIC
-14.53%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Applied Digital Corporation
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Net Income -149 M
Depreciation & Amortization 79.4 M
Capital Expenditures -142 M
Stock-Based Compensation 17.4 M
Change in Working Capital 6.07 M
Others 28.3 M
Free Cash Flow -128 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Applied Digital Corporation
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Wall Street analysts predict an average 1-year price target for APLD of $9.1 , with forecasts ranging from a low of $5 to a high of $13 .
APLD Lowest Price Target Wall Street Target
5 USD -31.83%
APLD Average Price Target Wall Street Target
9.1 USD 24.06%
APLD Highest Price Target Wall Street Target
13 USD 77.23%
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Applied Digital Corporation
image
Sold
0-3 MONTHS
177 K USD 1
3-6 MONTHS
3.41 M USD 3
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
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
Date Value Insider Amount Avg Price
1 month ago
Jan 17, 2025
Sell 177 K USD
Nottenburg Richard N
Director
- 20000
8.85 USD
3 months ago
Nov 27, 2024
Sell 1.84 M USD
Cummins Wes
CEO; Chairman
- 200000
9.2 USD
3 months ago
Nov 27, 2024
Sell 460 K USD
Nottenburg Richard N
Director
- 50000
9.2 USD
3 months ago
Nov 07, 2024
Sell 145 K USD
Nottenburg Richard N
Director
- 19369
7.5052 USD
4 months ago
Oct 17, 2024
Sell 240 K USD
Nottenburg Richard N
Director
- 30000
8.01 USD
4 months ago
Oct 17, 2024
Sell 80.1 K USD
MILLER DOUGLAS S
Director
- 10000
8.013 USD
4 months ago
Oct 14, 2024
Sell 589 K USD
Nottenburg Richard N
Director
- 80000
7.368 USD
5 months ago
Sep 05, 2024
Sell 55 K USD
MILLER DOUGLAS S
Director
- 10000
5.5 USD
1 year ago
Feb 20, 2024
Sell 142 K USD
MOORE VIRGINIA
Director
- 30000
4.74 USD
1 year ago
Nov 27, 2023
Sell 139 K USD
MOORE VIRGINIA
Director
- 30000
4.64 USD
1 year ago
Nov 28, 2023
Sell 212 K USD
MOORE VIRGINIA
Director
- 45000
4.72 USD
1 year ago
Nov 29, 2023
Sell 73 K USD
MOORE VIRGINIA
Director
- 15000
4.87 USD
1 year ago
Nov 13, 2023
Sell 95.8 K USD
MOORE VIRGINIA
Director
- 20740
4.62 USD
1 year ago
Nov 09, 2023
Sell 230 K USD
MOORE VIRGINIA
Director
- 45798
5.03 USD
1 year ago
Nov 10, 2023
Sell 232 K USD
MOORE VIRGINIA
Director
- 51079
4.55 USD
1 year ago
Mar 15, 2023
Sell 196 K USD
MOORE VIRGINIA
Director
- 100000
1.96 USD
1 year ago
Mar 16, 2023
Sell 90 K USD
MOORE VIRGINIA
Director
- 44990
2 USD
1 year ago
Mar 17, 2023
Sell 206 K USD
MOORE VIRGINIA
Director
- 102759
2 USD
1 year ago
Mar 20, 2023
Sell 106 K USD
MOORE VIRGINIA
Director
- 52342
2.03 USD
1 year ago
Mar 22, 2023
Sell 11.4 K USD
MOORE VIRGINIA
Director
- 5201
2.2 USD
1 year ago
Mar 23, 2023
Sell 116 K USD
MOORE VIRGINIA
Director
- 54501
2.12 USD
1 year ago
Mar 24, 2023
Sell 390 K USD
MOORE VIRGINIA
Director
- 189359
2.06 USD
1 year ago
Mar 27, 2023
Sell 131 K USD
MOORE VIRGINIA
Director
- 64011
2.05 USD
1 year ago
Aug 08, 2023
Sell 115 K USD
Nottenburg Richard N
Director
- 14820
7.74 USD
1 year ago
May 17, 2023
Bought 61.7 K USD
Cummins Wes
CEO; Chairman
+ 10000
6.17 USD
1 year ago
Apr 14, 2023
Bought 87.5 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.5 USD
1 year ago
Apr 13, 2023
Bought 90 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.6 USD
1 year ago
Apr 12, 2023
Bought 79.5 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.18 USD
2 years ago
Feb 27, 2023
Bought 25.9 K USD
HASTINGS CHUCK
Director
+ 10000
2.59 USD
2 years ago
Feb 15, 2023
Bought 76.5 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.06 USD
2 years ago
Feb 13, 2023
Bought 76.5 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.06 USD
2 years ago
Feb 10, 2023
Bought 79.2 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.17 USD
2 years ago
Feb 09, 2023
Bought 80.5 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.22 USD
2 years ago
Feb 08, 2023
Bought 84.8 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.39 USD
2 years ago
Feb 07, 2023
Bought 82.8 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.31 USD
2 years ago
Jan 27, 2023
Bought 74 K USD
Cummins Wes
CEO; Chairman
+ 25000
2.96 USD
2 years ago
Jan 25, 2023
Bought 62 K USD
Cummins Wes
CEO; Chairman
+ 25000
2.48 USD
2 years ago
Jan 24, 2023
Bought 61.3 K USD
Cummins Wes
CEO; Chairman
+ 25000
2.45 USD
2 years ago
Jan 23, 2023
Bought 58.2 K USD
Cummins Wes
CEO; Chairman
+ 25000
2.33 USD
2 years ago
Jan 20, 2023
Bought 48.2 K USD
Cummins Wes
CEO; Chairman
+ 20000
2.41 USD
2 years ago
Jan 19, 2023
Bought 60 K USD
Cummins Wes
CEO; Chairman
+ 25000
2.4 USD
2 years ago
Jan 18, 2023
Bought 118 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.35 USD
2 years ago
Jan 17, 2023
Bought 112 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.25 USD
2 years ago
Jan 13, 2023
Bought 163 K USD
Cummins Wes
CEO; Chairman
+ 75000
2.17 USD
2 years ago
Jan 12, 2023
Bought 108 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.17 USD
2 years ago
Nov 30, 2022
Bought 146 K USD
Cummins Wes
CEO; Chairman
+ 75000
1.95 USD
2 years ago
Nov 29, 2022
Bought 60.6 K USD
Cummins Wes
CEO; Chairman
+ 30000
2.02 USD
2 years ago
Nov 28, 2022
Sell 49 K USD
RENCH DAVID
Chief Financial Officer
- 25000
1.96 USD
2 years ago
Nov 28, 2022
Bought 59.4 K USD
Cummins Wes
CEO; Chairman
+ 30000
1.98 USD
2 years ago
Nov 25, 2022
Bought 112 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.24 USD
2 years ago
Nov 23, 2022
Bought 112 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.23 USD
2 years ago
Nov 10, 2022
Sell 31 K USD
INGEL REGINA
CMO
- 14500
2.14 USD
2 years ago
Nov 11, 2022
Bought 89.2 K USD
Cummins Wes
CEO; Chairman
+ 40000
2.23 USD
2 years ago
Nov 10, 2022
Bought 105 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.1 USD
2 years ago
Nov 09, 2022
Bought 64.2 K USD
Cummins Wes
CEO; Chairman
+ 30000
2.14 USD
2 years ago
Nov 08, 2022
Bought 121 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.42 USD
2 years ago
Nov 07, 2022
Bought 75.6 K USD
Cummins Wes
CEO; Chairman
+ 30000
2.52 USD
2 years ago
Oct 31, 2022
Bought 44.8 K USD
Cummins Wes
CEO; Chairman
+ 20000
2.24 USD
2 years ago
Oct 28, 2022
Bought 44.4 K USD
Cummins Wes
CEO; Chairman
+ 20000
2.22 USD
2 years ago
Oct 27, 2022
Bought 44.4 K USD
Cummins Wes
CEO; Chairman
+ 20000
2.22 USD
2 years ago
Oct 26, 2022
Bought 44.6 K USD
Cummins Wes
CEO; Chairman
+ 20000
2.23 USD
2 years ago
Oct 25, 2022
Bought 44.2 K USD
Cummins Wes
CEO; Chairman
+ 20000
2.21 USD
2 years ago
Oct 24, 2022
Bought 40.8 K USD
Cummins Wes
CEO; Chairman
+ 20000
2.04 USD
2 years ago
Aug 30, 2022
Bought 111 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.22 USD
2 years ago
Aug 30, 2022
Bought 104 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.08 USD
2 years ago
Aug 31, 2022
Bought 7.5 K USD
RENCH DAVID
Chief Financial Officer
+ 3490
2.15 USD
2 years ago
Aug 30, 2022
Bought 20.6 K USD
HASTINGS CHUCK
director:
+ 10000
2.06 USD
2 years ago
May 31, 2022
Bought 481 K USD
Cummins Wes
CEO; Chairman
+ 100000
4.81 USD
2 years ago
May 26, 2022
Bought 82.1 K USD
Cummins Wes
CEO; Chairman
+ 20383
4.03 USD
2 years ago
May 26, 2022
Bought 190 K USD
Cummins Wes
CEO; Chairman
+ 50000
3.8 USD
2 years ago
May 27, 2022
Bought 29.6 K USD
INGEL REGINA
EVP Operations
+ 7726
3.83 USD
2 years ago
May 31, 2022
Bought 48.3 K USD
HASTINGS CHUCK
director:
+ 10000
4.83 USD
2 years ago
May 24, 2022
Bought 183 K USD
Cummins Wes
CEO; Chairman
+ 50000
3.66 USD
2 years ago
May 24, 2022
Bought 142 K USD
Cummins Wes
CEO; Chairman
+ 38813
3.65 USD
2 years ago
May 20, 2022
Bought 184 K USD
Cummins Wes
CEO; Chairman
+ 50000
3.68 USD
2 years ago
May 20, 2022
Bought 238 K USD
Cummins Wes
CEO; Chairman
+ 70018
3.4 USD
2 years ago
May 17, 2022
Bought 114 K USD
MOORE VIRGINIA
director:
+ 50000
2.29 USD
2 years ago
May 17, 2022
Bought 32.5 K USD
Cummins Wes
CEO; Chairman
+ 11030
2.95 USD
2 years ago
May 18, 2022
Bought 292 K USD
Cummins Wes
CEO; Chairman
+ 116900
2.5 USD
2 years ago
May 17, 2022
Bought 609 K USD
Cummins Wes
CEO; Chairman
+ 263542
2.31 USD
16 years ago
Jan 14, 2009
Bought 1.4 K USD
Cummins Wes
Director
+ 20000
0.07 USD
16 years ago
Jan 14, 2009
Bought 14 USD
Rosenfeld Richard S
CFO
+ 200
0.07 USD
16 years ago
Jan 14, 2009
Bought 14 USD
WOOD KENNETH S
Officer
+ 200
0.07 USD
16 years ago
Jan 14, 2009
Bought 70 USD
Schwartz James A
Director
+ 1000
0.07 USD
17 years ago
Jan 31, 2008
Sell 205 USD
RILEY BRYANT R
10 percent owner
- 100
2.05 USD
17 years ago
Jan 28, 2008
Sell 3.69 K USD
RILEY BRYANT R
10 percent owner
- 1800
2.05 USD
17 years ago
Jan 29, 2008
Sell 33.8 K USD
RILEY BRYANT R
10 percent owner
- 16466
2.05 USD
17 years ago
Oct 16, 2007
Bought 128 K USD
RILEY BRYANT R
Director
+ 66145
1.94 USD
17 years ago
Mar 09, 2007
Bought 240 K USD
RILEY BRYANT R
10 percent owner
+ 99055
2.42 USD
18 years ago
Jan 09, 2007
Bought 5.75 K USD
RILEY BRYANT R
10 percent owner
+ 5000
1.15 USD
18 years ago
Jan 09, 2007
Bought 5.75 K USD
RILEY BRYANT R
10 percent owner
+ 5000
1.15 USD
18 years ago
Jan 08, 2007
Bought 172 USD
RILEY BRYANT R
10 percent owner
+ 150
1.15 USD
18 years ago
Jan 08, 2007
Bought 172 USD
RILEY BRYANT R
10 percent owner
+ 150
1.15 USD
18 years ago
Jan 05, 2007
Bought 115 USD
RILEY BRYANT R
10 percent owner
+ 100
1.15 USD
18 years ago
Jun 09, 2006
Bought 785 K USD
RILEY BRYANT R
10 percent owner
+ 331300
2.37 USD
18 years ago
May 30, 2006
Bought 15.1 K USD
RILEY BRYANT R
10 percent owner
+ 6500
2.3163 USD
18 years ago
May 26, 2006
Bought 23 K USD
RILEY BRYANT R
10 percent owner
+ 10000
2.3 USD
19 years ago
Oct 28, 2005
Sell 137 K USD
RILEY BRYANT R
- 40000
3.4361 USD
19 years ago
Oct 31, 2005
Sell 176 K USD
RILEY BRYANT R
- 47000
3.7441 USD
19 years ago
Oct 31, 2005
Sell 9.36 K USD
RILEY BRYANT R
- 2500
3.7441 USD
19 years ago
Oct 27, 2005
Sell 4.81 K USD
RILEY BRYANT R
- 1500
3.2087 USD
7. News
25 Top AI Stocks That Could Boost Your Portfolio The artificial intelligence (AI) revolution is reshaping the global economy at an unprecedented pace, with innovations emerging across every sector from healthcare to transportation. As companies race to integrate AI capabilities into products and services, investors are keenly searching for opportunities to capitalize on this technological transformation. fool.com - 1 week ago
Why Applied Digital Stock Is Skyrocketing Today Applied Digital (APLD 13.46%) stock is seeing huge gains in Friday's trading. The company's share price was up 12.7% as of 10:15 a.m. fool.com - 2 weeks ago
Applied Digital Closes $375 Million Financing with SMBC to Support Ellendale HPC Campus Sumitomo Mitsui Banking Corporation (“SMBC”) leads a $375 million financing for the Company's Ellendale High Performance Computing (“HPC”) data center campus (the “Ellendale HPC Campus”) Provides further validation of the Ellendale HPC Campus through a partnership with one of the world's leading data center financing platforms DALLAS, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure for HPC applications, announced today that the Company, through its HPC subsidiary APLD HPC Holdings LLC (“APLDH”), closed a $375 million financing with SMBC. The Company used a portion of the proceeds to repay its obligations under the Macquarie Capital senior secured note, and the remaining proceeds are intended to be used to advance the development of the first and second data center buildings at the Ellendale HPC Campus. globenewswire.com - 2 weeks ago
3 Artificial Intelligence (AI) Stocks I'm Buying on the Dip Wall Street spiraled into panic mode Monday when Chinese artificial intelligence (AI) company DeepSeek unboxed a chatbot that reportedly matches OpenAI's capabilities, while requiring significantly less computational power. The news triggered a massive sell-off in Nvidia shares, which plunged 17% and erased nearly $600 billion in market value -- the largest single-day loss for any public company in history. fool.com - 1 month ago
3 Artificial Intelligence (AI) Stocks That Could Go on a Multidecade Run Since ChatGPT burst onto the scene in late 2022, the artificial intelligence (AI) revolution has been nothing short of extraordinary. Early movers like Nvidia, Microsoft, and Broadcom have already delivered staggering returns for investors who recognized the potential of AI infrastructure. fool.com - 1 month ago
Applied Digital Rises 6% in a Week: Buy, Sell, or Hold the Stock? APLD shares benefit from an expanding data center capacity, which aids top-line growth. However, stretched valuation is a concern. zacks.com - 1 month ago
Applied Digital Is Building Datacenters In North Dakota For The Next Generation of AI And Computing Sponsored by Dell Technologies. The demand for AI-powered tools and high-performance computing is reaching new heights. youtube.com - 1 month ago
APLD Q2 Earnings Lag Estimates, Revenues in Line, Shares Fall Applied Digital's second-quarter fiscal 2025 results benefit from growing demand for its Cloud Services and Data Center Hosting business. zacks.com - 1 month ago
Applied Digital, Vericel, Calavo Growers And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Wednesday. benzinga.com - 1 month ago
5 AI Stocks to Load Up On in 2025 The artificial intelligence (AI) revolution promises to reshape the global economy in unprecedented ways. Recent research from McKinsey & Co suggests generative AI could add between $2.6 trillion and $4.4 trillion in annual value across 63 analyzed use cases. fool.com - 1 month ago
Applied Digital Q2 FY25 Review: Continuous Delays In Signing Customer Is Disappointing Applied Digital reported Q2 FY25 earnings after market hours yesterday. Going into this, I had a bullish view. But the lack of developments in signing a customer activates a key risk. APLD has been unable to close a customer for its 100MW data center in Ellendale for more than a year now. This reduces my confidence in management's execution ability. I note that Q2 FY25 EBIT profitability is skewed upward due to changes in D&A useful life assumptions. seekingalpha.com - 1 month ago
Applied Digital Corporation (APLD) Q2 2025 Earnings Call Transcript Applied Digital Corporation (NASDAQ:APLD ) Q2 2025 Results Conference Call January 14, 2025 5:00 PM ET Company Participants Matt Glover - IR, Gateway Group, Inc. Wes Cummins - CEO Saidal Mohmand - CFO Conference Call Participants Nick Giles - B. Riley Securities Rob Brown - Lake Street Capital Darren Aftahi - ROTH Capital Partners Mike Grondahl - Northland Securities George Sutton - Craig-Hallum Brett Knoblauch - Cantor Fitzgerald Operator Good afternoon, and welcome to Applied Digital's Fiscal Second Quarter 2025 Conference Call. seekingalpha.com - 1 month ago
8. Profile Summary

Applied Digital Corporation APLD

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COUNTRY US
INDUSTRY Information Technology Services
MARKET CAP $ 1.63 B
Dividend Yield 0.03%
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. Erin Gracey Kraxberger Chief Marketing Officer Ms. LaTascha Durden Vice President of Human Resources Mr. Mohammad Saidal L. Mohmand Chief Financial Officer Mr. Mark Chavez General Counsel Mr. Nick Phillips Executive Vice President of Public Affairs & Real Estate Acquisitions Mr. Chris Jackson Senior Vice President of Operations Ms. Laura Laltrello Chief Operating Officer Mr. Todd Gale Chief Development Officer Mr. Tom Burke Chief Revenue Officer Mr. Wesley Cummins Chairman, Chief Executive Officer, President, Secretary & Treasurer