Applied Digital Corporation (NASDAQ: APLD) Now $3.01 Higher From Its Low (4.03), Does It Still Have A Growth Story?

Applied Digital Corporation (NASDAQ:APLD) currently has a daily average trading volume of 31.82M but it saw 24974705 shares traded in last market. With a market cap of 1.58B USD, the company’s current market price of $7.04 came falling about -3.16 while comparing to the previous closing price of $7.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.48 and as low as $3.01.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Citizens JMP which initiated the stock as “Mkt Outperform” in its note to investors issued on May 22, 2025, recommending a price target of $12 for it. Cantor Fitzgerald also issued its recommendations for the stock as it initiated the price target for the stock is $15.

Over the week, APLD’s stock price is moving 3.83% up while it is 57.14% when we observe its performance for the past one month. Year-to-date it is -7.85% down and over the past year, the stock is showing an upside performance of 52.71%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.18 while estimate for next year EPS is -0.67. In next quarter, company is expected to be making quarterly sales of $56.25M as analysts are expecting the sales for current fiscal year at $224.13M and seeing the company making $279.87M in sales next year. Moreover, analysts are in estimates of $46.63M for current-quarter revenue.

Currently, Applied Digital Corporation’s total number of outstanding shares is 224.39M with 22.22% of that held by the insiders while 64.04% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -18.61% and return on equity (ROE) at -78.94%. Stock’s beta reads 5.95. Stock has a price to book (P/B) ratio of 3.47 while price to sale or P/S ratio amounts to 7.15. Its return on asset (ROA) is -20.70% on average.

Comet Reports
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.