APLD - Applied Digital Corp.
Retail investors talked up five hot stocks during the week (Oct. 5 to Oct. 9) on X and Reddit's r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate news flow.
Applied Digital has shed more than half its value from its peak, yet analysts keep piling on buy ratings with targets that sit above where the stock was trading at its best.
It may be hard to imagine Applied Digital NASDAQ: APLD as having a moat, but it does: regulatory hurdles and local pushback. While many hyperscale projects are stalling or delayed, Applied Digital's projects are underway and advancing, aided by favorable conditions in the territories where it operates.
I am reiterating Applied Digital (APLD) as a Strong Buy with a $70 price target. Q1 2027 results showed 322% revenue growth to $341.9M, with base rent at $65.8M and adjusted EBITDA surging to $64.4M. APLD expects to bring over 600MW online in the next 12 months, materially boosting recurring revenue and demonstrating operating leverage.
APLD's Q1 revenues surge 322% on HPC fit-out and rental growth, but higher costs, interest expense and fair-value losses widen its loss.
Applied Digital Corp (NASDAQ:APLD) on Wednesday posted better-than-expected financial results for the first quarter.
Needham analyst John Todaro trimmed his price target on Applied Digital (APLD) on October 8th even though the AI infrastructure firm reported a blockbuster Q1 last evening. The company more than quadrupled its revenue on a year-over-year basis to $342 million, on a per share loss of just one cent, miles above $116 million and 29 cents per share that analysts had called for.
The former Bitcoin (CRYPTO:BTC) miners that rebuilt themselves as AI data-center landlords are getting squeezed from two sides Thursday. Bitcoin is sliding again, and long-term borrowing costs keep climbing for a group that funds its buildouts with debt.
Applied Digital's $36B contracted revenue base offers long-term growth potential, but construction, financing and rising competition pose key challenges.
Applied Digital is accelerating AI factory expansion, targeting 600+ MW of new capacity as premium leases, power access and funding options support growth.
Data center and artificial intelligence infrastructure names are being sold together as long-term Treasury yields push higher, and the pressure is landing hardest on the most financing-dependent builders. Cipher Digital (NASDAQ:CIFR) stock trades at $13.
Applied Digital (APLD -1.41%) has secured roughly $36 billion of contracted AI data center revenue, but most of the capacity still needs to be built. The opportunity is enormous if signed leases become profitable operating assets, making construction progress, financing costs, customer concentration, and cash generation the numbers investors need to watch.
Applied Digital Corporation remains a buy, driven by robust demand, a $36B contracted backlog, and execution on 600+ MW coming online in 12 months. Expansion leases are a key catalyst, with management targeting 15% higher rates and longer durations, leveraging scarce power and ready-to-build sites. APLD's long-lived, adaptable AI campuses and focus on Tier 1 hyperscaler customers enhance durability and future pricing power.
Applied Digital (NASDAQ:APLD) reported first-quarter revenue of $341.9 million, beating analysts' expectations of $111.19 million. Revenue for the fiscal first quarter ended August 31 rose 322% from the comparable period a year earlier, reflecting growing demand for large-scale computing infrastructure used to support AI applications.
Applied Digital Corp. (APLD) shares surged about 4% in early trading Thursday after the company posted a sharp increase in quarterly revenue and detailed plans
Applied Digital (NASDAQ: APLD - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.29, FiscalAI reports. The company had revenue of $300.39 million for the quarter, compared to analysts' expectations of $116.29 million. Applied Digital had a
Applied Digital Corporation (APLD) Q1 2027 Earnings Call Transcript
Applied Digital NASDAQ: APLD reported fiscal first-quarter revenue of $341.9 million, up 322% from $80.9 million a year earlier, as the company continued to expand its high-performance computing hosting operations and advance development of AI-focused data center campuses.
Applied Digital Corporation (APLD) came out with a quarterly loss of $0.76 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to a loss of $0.11 per share a year ago.
Applied Digital's first-quarter revenue more than quadrupled, while its net loss widened from a year earlier as the company stepped up investments to meet growing demand for data center services.