Research Analysts Offer Predictions for Applied Digital Co.’s FY2026 Earnings (NASDAQ:APLD)

Applied Digital Co. (NASDAQ:APLD) – Stock analysts at Roth Capital issued their FY2026 earnings per share (EPS) estimates for Applied Digital in a report released on Friday, April 12th. Roth Capital analyst D. Aftahi expects that the company will earn ($0.81) per share for the year. The consensus estimate for Applied Digital’s current full-year earnings is ($0.48) per share.

A number of other equities analysts have also recently weighed in on APLD. Roth Mkm reduced their price target on shares of Applied Digital from $13.00 to $8.00 and set a “buy” rating on the stock in a research report on Friday. B. Riley reduced their target price on Applied Digital from $10.00 to $8.00 and set a “buy” rating on the stock in a report on Friday, April 5th. Needham & Company LLC decreased their target price on Applied Digital from $13.00 to $11.00 and set a “buy” rating for the company in a research note on Friday. Finally, Lake Street Capital dropped their price target on Applied Digital from $19.00 to $7.00 and set a “buy” rating on the stock in a research report on Friday. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $9.20.

Applied Digital Stock Down 7.2 %

Shares of NASDAQ APLD opened at $2.52 on Monday. Applied Digital has a 52-week low of $2.49 and a 52-week high of $11.62. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.30 and a current ratio of 0.30. The stock has a market cap of $306.94 million, a P/E ratio of -3.18 and a beta of 4.12. The firm has a 50 day moving average price of $4.17 and a 200 day moving average price of $5.09.

Applied Digital (NASDAQ:APLD) last announced its quarterly earnings results on Tuesday, January 16th. The company reported ($0.10) EPS for the quarter. Applied Digital had a negative net margin of 61.84% and a negative return on equity of 75.46%. The company had revenue of $42.20 million during the quarter, compared to the consensus estimate of $54.78 million.

Insider Buying and Selling

In other Applied Digital news, Director Virginia Moore sold 30,000 shares of Applied Digital stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $4.74, for a total value of $142,200.00. Following the sale, the director now owns 148,630 shares of the company’s stock, valued at approximately $704,506.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 23.70% of the company’s stock.

Hedge Funds Weigh In On Applied Digital

Several hedge funds have recently made changes to their positions in APLD. Capital Research Global Investors boosted its holdings in Applied Digital by 427.2% during the fourth quarter. Capital Research Global Investors now owns 7,337,288 shares of the company’s stock worth $49,453,000 after purchasing an additional 5,945,559 shares during the last quarter. Oasis Management Co Ltd. lifted its position in Applied Digital by 23.6% during the 4th quarter. Oasis Management Co Ltd. now owns 4,928,129 shares of the company’s stock worth $33,216,000 after buying an additional 940,075 shares in the last quarter. Equitec Proprietary Markets LLC boosted its stake in shares of Applied Digital by 415.4% during the 4th quarter. Equitec Proprietary Markets LLC now owns 4,168,657 shares of the company’s stock worth $28,097,000 after buying an additional 3,359,845 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Applied Digital by 8.8% in the 4th quarter. Vanguard Group Inc. now owns 3,628,588 shares of the company’s stock valued at $24,457,000 after acquiring an additional 293,046 shares in the last quarter. Finally, Nokomis Capital L.L.C. increased its position in shares of Applied Digital by 129.2% in the fourth quarter. Nokomis Capital L.L.C. now owns 2,940,955 shares of the company’s stock valued at $19,822,000 after acquiring an additional 1,658,003 shares during the last quarter. 65.67% of the stock is owned by institutional investors.

Applied Digital Company Profile

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.