Applied Digital Corporation (APLD)
| Market Cap | 439.36M |
| Revenue (ttm) | 143.91M |
| Net Income (ttm) | -91.30M |
| Shares Out | 122.73M |
| EPS (ttm) | -0.82 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,460,457 |
| Open | 3.570 |
| Previous Close | 3.480 |
| Day's Range | 3.420 - 3.760 |
| 52-Week Range | 2.360 - 11.620 |
| Beta | 4.16 |
| Analysts | Strong Buy |
| Price Target | 10.50 (+193.3%) |
| Earnings Date | Apr 11, 2024 |
About APLD
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. 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. [Read more]
Financial Performance
In 2023, APLD's revenue was $55.39 million, an increase of 547.94% compared to the previous year's $8.55 million. Losses were -$44.65 million, 89.8% more than in 2022.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for APLD stock is "Strong Buy." The 12-month stock price forecast is $10.5, which is an increase of 193.30% from the latest price.
News
Applied Digital Announces Upcoming Conference Participation
DALLAS, May 08, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure de...
Applied Digital Announces Appointment of Datacenter Industry Expert Todd Gale as Chief Development Officer
Todd Gale to Lead the Company's Datacenter Design Strategy, Leveraging Over 45 Years of Industry Experience Todd Gale to Lead the Company's Datacenter Design Strategy, Leveraging Over 45 Years of Indu...
Applied Digital Appoints Ella Benson to Board of Directors
Benson Brings Over a Decade of Experience in Financial Services Joins the Board as Part of a Cooperation and Standstill Agreement with Oasis Management Company DALLAS, April 30, 2024 (GLOBE NEWSWIRE) ...
Applied Digital shares fall after power outage dings results
Shares of Applied Digital APLD, +2.68% fell after the company's revenue missed estimates following a power outage.
Applied Digital misses quarterly revenue estimate amid power disruption at data center
Data-center services provider Applied Digital missed Wall Street estimates for third-quarter revenue on Thursday, pressured by a power disruption at its Ellendale data center unit in January.
Applied Digital Reports Fiscal Third Quarter 2024 Results
DALLAS, April 11, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure ...
Applied Digital Reschedules Fiscal Third Quarter 2024 Earnings Conference Call to Thursday, April 11, 2024 at 5:00 p.m. Eastern Time
DALLAS, April 09, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure d...
Applied Digital Issues $50 Million Unsecured Convertible Debenture to Advance HPC Data Center Project in Ellendale, North Dakota
DALLAS, April 01, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure ...
Applied Digital Sets Fiscal Third Quarter 2024 Earnings Conference Call for Wednesday, April 10, 2024 at 9:00 a.m. Eastern Time
DALLAS, March 28, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure d...
Applied Digital Among First Cloud Service Providers to Use New NVIDIA Blackwell Platform
Applied Digital to use the latest NVIDIA Blackwell platform-based GPUs for HPC applications, ensuring cutting-edge computing power for AI, machine learning, and graphics rendering.
Applied Digital Announces Agreement to Sell Garden City Campus to Marathon Digital Holdings
• Divestiture Reflects Strategy to Focus on Strategic HPC Sites in North Dakota • Redirects Resources and Strengthens Balance Sheet DALLAS, March 15, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporati...
Applied Digital Provides Update on Anchor Tenant at Ellendale HPC Facility
DALLAS, March 08, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure ...
Applied Digital Completes Financing for Jamestown HPC Data Center Campus
DALLAS, March 05, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure ...
Applied Digital Joins AI Alliance to Collaborate with Industry Leaders to Advance Open, Safe, and Responsible AI
DALLAS, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure d...
Applied Digital's Ellendale data center unit faces power outage, shares slump
Applied Digital said on Friday revenue from its Ellendale data center hosting facility would take a hit in the current quarter by an ongoing power outage, sending its shares down more than 10% in exte...
Applied Digital Secures Additional Financing
DALLAS, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure d...
Applied Digital shares drop after quarterly revenue misses estimates
Data-center services provider Applied Digital missed Wall Street estimates for second-quarter revenue on Tuesday, hurt by cautious spending by businesses in an uncertain economy, sending its shares do...
Applied Digital Signs Anchor Tenant at Ellendale HPC Facility
Further validates the Company's cost-effective high-performance compute solutions Further validates the Company's cost-effective high-performance compute solutions
Applied Digital Reports Fiscal Second Quarter 2024 Results
- Generated Sequential Revenue Growth of 16% - - Anchor Tenant Update - DALLAS, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a des...
Applied Digital Sets Fiscal Second Quarter 2024 Earnings Conference Call for Tuesday, January 16, 2024 at 9:00 a.m. Eastern Time
DALLAS, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure de...
Applied Digital Announces Long-Term Supply Agreement with TerraForm Power
DALLAS, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital " or the "Company"), a designer, builder, and operator of next-generation digital infrastructure ...
APPLIED DIGITAL ALERT: Bragar Eagel & Squire, P.C. is Investigating Applied Digital Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Applied Digital Corporation (NASDAQ: APLD) o...
Applied Digital to Host Ribbon Cutting Ceremony at its 200-Megawatt Datacenter in Garden City, Texas
The Facility Brings Applied Digital to 480MW of Total Hosting Capacity Across its Blockchain Hosting Locations The Facility Brings Applied Digital to 480MW of Total Hosting Capacity Across its Blockch...
Kate Reed Elected to Applied Digital Board of Directors
Reed Brings Over a Decade of Experience in AI, Cloud Computing, and Technology Leadership Reed Brings Over a Decade of Experience in AI, Cloud Computing, and Technology Leadership
WEKA Partners with Applied Digital to Supercharge Its GPU Cloud for Generative AI Customers
DENVER , Nov. 15, 2023 /PRNewswire/ -- From Supercomputing 2023, WekaIO (WEKA), the data platform software provider for AI and other performance-intensive workloads, announced today that it is working...