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Applied Digital Corporation (APLD)
NASDAQ:APLD
RESEARCH TOOLSreports
Applied Digital Corporation (APLD) Stock Price & Analysis
1,461 Followers
APLD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.36 - $11.62
Previous Close$4.61
Volume3.79M
Average Volume (3M)3.56M
Market Cap
$618.04M
Enterprise Value$865.46M
Total Cash (Recent Filing)$4.43M
Total Debt (Recent Filing)$251.85M
Price to Earnings (P/E)―
Beta3.54
Next Earnings
Aug 22, 2024EPS Estimate
-$0.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.80
Shares Outstanding122,739,540
10 Day Avg. Volume3,803,615
30 Day Avg. Volume3,560,923
Standard Deviation0.50
R-Squared0.19
Alpha0.06
Financial Highlights & Ratios
Price to Book (P/B)4.78
Price to Sales (P/S)13.05
Price to Cash Flow (P/CF)3.60
P/FCF Ratio68.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.10
Enterprise Value/Gross Profit78.65
Enterprise Value/Ebitda-21.52
Forecast
1Y Price Target
$8.17Price Target Upside76.84% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Applied Digital Corporation News
PremiumCompany Announcements
Applied Digital Corporation Unveils New Investor Presentation
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company's recent financial report indicates a strong revenue increase, demonstrating Applied Digital's ability to scale their high-performance computing infrastructure effectively.
Infrastructure ExpansionApplied Digital's ongoing construction of the 100MW high-performance computing site showcases their commitment to growth and innovation, signaling potential future revenue streams.
Strategic PartnershipsWith a Letter of Intent signed with a major US-based hyperscaler for a substantial 400MW high-performance computing site, the potential for significant revenue growth is on the horizon.
Bears Say
Contractual SetbacksPrior negotiations for 100 MW with another customer expired without a contract signed.
Financial PerformanceQ4 results were disappointing and reflected a combination of transformer equipment failures and a slower-than-expected ramp to the AI cloud business.
Operational IssuesApplied had operational issues due to faulty transformers, leading to a significant reduction in the bitcoin mining facility's output over recent months.
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Ownership Overview
21.86% Insiders
16.26% Mutual Funds
37.19% Other Institutional Investors
24.68% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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APLD FAQ
What was Applied Digital Corporation’s price range in the past 12 months?
Applied Digital Corporation lowest stock price was $2.36 and its highest was $11.62 in the past 12 months.
What is Applied Digital Corporation’s market cap?
Currently, no data Available
When is Applied Digital Corporation’s upcoming earnings report date?
Applied Digital Corporation’s upcoming earnings report date is Aug 22, 2024 which is in 85 days.
How were Applied Digital Corporation’s earnings last quarter?
Applied Digital Corporation released its earnings results on Apr 11, 2024. The company reported -$0.24 earnings per share for the quarter, missing the consensus estimate of -$0.072 by -$0.168.
Is Applied Digital Corporation overvalued?
According to Wall Street analysts Applied Digital Corporation’s price is currently Undervalued.
Does Applied Digital Corporation pay dividends?
Applied Digital Corporation does not currently pay dividends.
What is Applied Digital Corporation’s EPS estimate?
Applied Digital Corporation’s EPS estimate is -$0.26.
How many shares outstanding does Applied Digital Corporation have?
Applied Digital Corporation has 134,065,890 shares outstanding.
What happened to Applied Digital Corporation’s price movement after its last earnings report?
Applied Digital Corporation reported an EPS of -$0.24 in its last earnings report, missing expectations of -$0.072. Following the earnings report the stock price went down -11.726%.
Which hedge fund is a major shareholder of Applied Digital Corporation?
Among the largest hedge funds holding Applied Digital Corporation’s share is Deep Field Asset Management LLC. It holds Applied Digital Corporation’s shares valued at 7M.
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Applied Digital Corporation Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$8.17 (76.84% Upside)
$8.17 (76.84% Upside)
Blogger Sentiment
Bullish
APLD Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 14.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-49.28%
12-Months-Change
Fundamentals
Return on Equity
-101.82%
Trailing 12-Months
Asset Growth
209.80%
Trailing 12-Months
Company Description
Applied Digital Corporation
Applied Science Products, Inc. operates as a technology company, which engages in the development of patented technology such as tailored plasma gas chemistry for a wide range of applications. The company was founded in May 2001 and is headquartered in Lenoir City, TN.
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APLD Earnings Call
Q3 2024
0:00 / 0:00
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APLD Stock 12 Month Forecast
Average Price Target
$8.17
▲(76.84% Upside)
Technical Analysis
Best Analysts Covering APLD
1 Year
1 Year Success Rate
9/14 ratings generated profit
1 Year Average Return
+66.02%
reiterated a buy rating 13 days ago
Copying John Todaro's trades and holding each position for 1 Year would result in 64.29% of your transactions generating a profit, with an average return of +66.02% per trade.
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