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Financial Services - Financial - Capital Markets - NASDAQ - US
$ 7.23
5.39 %
$ 1.56 B
Market Cap
-5.88
P/E
1. INTRINSIC VALUE

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the performance computing industry. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation was incorporated in 2001 and is based in Dallas, Texas.[ Read More ]

The intrinsic value of one APLD stock under the base case scenario is HIDDEN Compared to the current market price of 7.23 USD, Applied Digital Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart APLD

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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%
60.7 M REVENUE
38.91%
9.48 M OPERATING INCOME
127.97%
-4.25 M NET INCOME
93.44%
-75.9 M OPERATING CASH FLOW
-122.54%
-32.6 M INVESTING CASH FLOW
34.68%
163 M FINANCING CASH FLOW
118.61%
Balance Sheet Decomposition 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%
-26.10% ROIC
-26.10%
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 -30.84%
APLD Average Price Target Wall Street Target
9.1 USD 25.86%
APLD Highest Price Target Wall Street Target
13 USD 79.81%
4. DIVIDEND ANALYSIS
0.01% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Applied Digital Corporation
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Sold
0-3 MONTHS
1.11 M USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
142 K USD 1
9-12 MONTHS
520 K USD 1
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 week ago
Nov 07, 2024
Sell 145 K USD
Nottenburg Richard N
Director
- 19369
7.5052 USD
1 month ago
Oct 17, 2024
Sell 240 K USD
Nottenburg Richard N
Director
- 30000
8.01 USD
1 month ago
Oct 17, 2024
Sell 80.1 K USD
MILLER DOUGLAS S
Director
- 10000
8.013 USD
1 month ago
Oct 14, 2024
Sell 589 K USD
Nottenburg Richard N
Director
- 80000
7.368 USD
2 months ago
Sep 05, 2024
Sell 55 K USD
MILLER DOUGLAS S
Director
- 10000
5.5 USD
8 months ago
Feb 20, 2024
Sell 142 K USD
MOORE VIRGINIA
Director
- 30000
4.74 USD
11 months ago
Nov 27, 2023
Sell 139 K USD
MOORE VIRGINIA
Director
- 30000
4.64 USD
11 months ago
Nov 28, 2023
Sell 212 K USD
MOORE VIRGINIA
Director
- 45000
4.72 USD
11 months 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
1 year ago
Feb 27, 2023
Bought 25.9 K USD
HASTINGS CHUCK
Director
+ 10000
2.59 USD
1 year ago
Feb 15, 2023
Bought 76.5 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.06 USD
1 year ago
Feb 13, 2023
Bought 76.5 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.06 USD
1 year ago
Feb 10, 2023
Bought 79.2 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.17 USD
1 year ago
Feb 09, 2023
Bought 80.5 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.22 USD
1 year ago
Feb 08, 2023
Bought 84.8 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.39 USD
1 year ago
Feb 07, 2023
Bought 82.8 K USD
Cummins Wes
CEO; Chairman
+ 25000
3.31 USD
1 year ago
Jan 27, 2023
Bought 74 K USD
Cummins Wes
CEO; Chairman
+ 25000
2.96 USD
1 year ago
Jan 25, 2023
Bought 62 K USD
Cummins Wes
CEO; Chairman
+ 25000
2.48 USD
1 year ago
Jan 24, 2023
Bought 61.3 K USD
Cummins Wes
CEO; Chairman
+ 25000
2.45 USD
1 year ago
Jan 23, 2023
Bought 58.2 K USD
Cummins Wes
CEO; Chairman
+ 25000
2.33 USD
1 year ago
Jan 20, 2023
Bought 48.2 K USD
Cummins Wes
CEO; Chairman
+ 20000
2.41 USD
1 year ago
Jan 19, 2023
Bought 60 K USD
Cummins Wes
CEO; Chairman
+ 25000
2.4 USD
1 year ago
Jan 18, 2023
Bought 118 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.35 USD
1 year ago
Jan 17, 2023
Bought 112 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.25 USD
1 year ago
Jan 13, 2023
Bought 163 K USD
Cummins Wes
CEO; Chairman
+ 75000
2.17 USD
1 year ago
Jan 12, 2023
Bought 108 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.17 USD
1 year ago
Nov 30, 2022
Bought 146 K USD
Cummins Wes
CEO; Chairman
+ 75000
1.95 USD
1 year ago
Nov 29, 2022
Bought 60.6 K USD
Cummins Wes
CEO; Chairman
+ 30000
2.02 USD
1 year ago
Nov 28, 2022
Sell 49 K USD
RENCH DAVID
Chief Financial Officer
- 25000
1.96 USD
1 year ago
Nov 28, 2022
Bought 59.4 K USD
Cummins Wes
CEO; Chairman
+ 30000
1.98 USD
1 year ago
Nov 25, 2022
Bought 112 K USD
Cummins Wes
CEO; Chairman
+ 50000
2.24 USD
1 year 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
15 years ago
Jan 14, 2009
Bought 1.4 K USD
Cummins Wes
Director
+ 20000
0.07 USD
15 years ago
Jan 14, 2009
Bought 14 USD
Rosenfeld Richard S
CFO
+ 200
0.07 USD
15 years ago
Jan 14, 2009
Bought 14 USD
WOOD KENNETH S
Officer
+ 200
0.07 USD
15 years ago
Jan 14, 2009
Bought 70 USD
Schwartz James A
Director
+ 1000
0.07 USD
16 years ago
Jan 31, 2008
Sell 205 USD
RILEY BRYANT R
10 percent owner
- 100
2.05 USD
16 years ago
Jan 28, 2008
Sell 3.69 K USD
RILEY BRYANT R
10 percent owner
- 1800
2.05 USD
16 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
17 years ago
Jan 09, 2007
Bought 5.75 K USD
RILEY BRYANT R
10 percent owner
+ 5000
1.15 USD
17 years ago
Jan 09, 2007
Bought 5.75 K USD
RILEY BRYANT R
10 percent owner
+ 5000
1.15 USD
17 years ago
Jan 08, 2007
Bought 172 USD
RILEY BRYANT R
10 percent owner
+ 150
1.15 USD
17 years ago
Jan 08, 2007
Bought 172 USD
RILEY BRYANT R
10 percent owner
+ 150
1.15 USD
17 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
Best Momentum Stocks to Buy for November 15th ASTS, APLD and PX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 15, 2024. zacks.com - 1 day ago
New Strong Buy Stocks for November 15th FHI, RJF, ASTS, APLD and SPRO have been added to the Zacks Rank #1 (Strong Buy) List on November 15, 2024. zacks.com - 2 days ago
Nvidia Stake Sends This AI Stock Higher Thursday Shares of Applied Digital (APLD) surged over 4% in extended trading Thursday after Nvidia (NVDA) reported a stake in the company. investopedia.com - 2 days ago
Does Applied Digital Corporation (APLD) Have the Potential to Rally 37.48% as Wall Street Analysts Expect? The average of price targets set by Wall Street analysts indicates a potential upside of 37.5% in Applied Digital Corporation (APLD). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. zacks.com - 1 week ago
Applied Digital Corporation Announces Closing of $450 Million of Convertible Notes Offering DALLAS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing applications, today completed its previously announced offering of 2.75% Convertible Senior Notes due 2030 (the “Convertible Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of notes sold in the offering was $450 million, which includes $75 million aggregate principal amount of notes issued pursuant to an option to purchase additional notes granted to the initial purchasers, which the Initial Purchasers exercised in full on October 31, 2024. globenewswire.com - 1 week ago
Applied Digital Corporation Announces Upsize and Pricing of $375 Million of Convertible Notes Offering DALLAS, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced the upsize and pricing of its offering of $375 million aggregate principal amount of 2.75% Convertible Senior Notes due 2030 (the “Convertible Notes”). The Convertible Notes will be sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). globenewswire.com - 2 weeks ago
Applied Digital Corporation Announces Proposed Private Offering of $300 Million of Convertible Notes DALLAS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced that it intends to offer, subject to market conditions and other factors, $300 million aggregate principal amount of convertible senior notes due 2030 (the “Convertible Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). globenewswire.com - 2 weeks ago
Applied Digital Shares Rise 23% Year to Date: To Buy or Not to Buy? APLD shares benefit from an expanding data center capacity, which is expected to aid top-line growth. However, stretched valuation is a concern. zacks.com - 2 weeks ago
3 Small-Cap Stocks That Could Trounce the S&P 500 Over the Next 5 Years These three under-the-radar small-cap companies offer potential for substantial returns, though they come with higher volatility than their larger peers. fool.com - 2 weeks ago
12 High-Growth Stocks That Could Deliver Parabolic Returns These 12 innovative companies could deliver exponential returns over the next quarter century. fool.com - 2 weeks ago
3 Artificial Intelligence Stocks No One Is Talking About but They Should Be These three under-the-radar AI stocks are positioned for growth in the expanding artificial intelligence space. fool.com - 3 weeks ago
Volatility in Applied Digital May Create an Entry Opportunity Applied Digital Corp. NASDAQ: APLD stock has been volatile since it reported earnings after the market closed on October 9. After gaining 4% in after-hours trading, APLD stock moved sharply lower by 12.8% in pre-market trading. marketbeat.com - 1 month ago
8. Profile Summary

Applied Digital Corporation APLD

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COUNTRY US
INDUSTRY Financial - Capital Markets
MARKET CAP $ 1.56 B
Dividend Yield 0.01%
Description Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the performance computing industry. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation was incorporated in 2001 and is based in Dallas, Texas.
Contact 3811 Turtle Creek Boulevard, Dallas, TX, 75219 https://www.applieddigital.com
IPO Date April 13, 2022
Employees 150
Officers Mr. Jason Zhang Co-Founder Mr. Mohammad Saidal L. Mohmand Chief Financial Officer Mr. Nick Phillips Executive Vice President of Public Affairs & Real Estate Acquisitions Mr. Michael Maniscalco Chief Technology Officer Mr. Chris Jackson Senior Vice President of Operations Mr. David Rench Chief Administrative Officer Ms. Erin Gracey Kraxberger Chief Marketing Officer Ms. LaTascha Durden Director of Human Resources Ms. Kate Reed Chief Growth Officer & Director Mr. Wesley Cummins Chairman, Chief Executive Officer, President, Secretary & Treasurer