Price movement over the last 24 hours
Applied Digital Corporation vs Enovix Corporation — how do they compare? Applied Digital Corporation trades at $30.68 (market cap $8.90B), while Enovix Corporation trades at $5.22 (market cap $1.14B). The key difference: Applied Digital Corporation is far larger — about 7.8× Enovix Corporation's market cap, and Applied Digital Corporation is trading nearer its 52-week high, Enovix Corporation nearer its low. Which is the better fit depends on your goals.
| APLD | ENVX | |
|---|---|---|
Market Cap | $8.90B | $1.14B |
Sector | Technology | Technology |
52-Week High | $49.65 | $15.93 |
52-Week Low | $9.18 | $4.84 |
Enterprise Value | $10.00B | $1.15B |
Signals from Pluang's Aura AI — not financial advice
Applied Digital (APLD) trades at $31.15, down 3.53% today, amid bearish technical signals despite unanimous analyst buy ratings. The company shows strong revenue growth with $144M in 2025 and $319M projected for 2026, but remains unprofitable with negative margins. Recent news highlights APLD's pivot to AI data centers with $36B in contracted lease value, though execution risks and customer concentration persist.
Outlook: High growth potential from AI infrastructure expansion contrasts with profitability challenges and heavy capital spending. Risks include customer concentration and debt load, but analyst consensus targets $76.67 suggest significant upside if execution improves.
ENVX trades at $5.20, down 3.7% on the day, with a bearish technical signal from moving averages. The company reported Q1 2026 revenue above guidance and an EPS beat of -$0.14 versus -$0.15 expected, but net losses remain substantial at -$156.74M for 2025. Positive developments include the appointment of a former Apple operations leader as COO to scale manufacturing.
The outlook is mixed: strong analyst buy consensus (75%) and a $12.75 price target suggest significant upside, but high cash burn, negative margins, and persistent losses pose substantial execution risks. Investor sentiment hinges on successful production scaling and path to profitability.
Trailing returns across standard periods
Latest headlines on both assets
Applied Digital provides high-performance computing (HPC) infrastructure and cloud services. It designs and operates data centers tailored for AI, machine learning, and other intensive digital workloads across North America.
Read more on APLD →Enovix designs and manufactures advanced silicon-anode lithium-ion batteries. Its technology aims to provide high energy density and improved performance for mobile devices and consumer electronics.
Read more on ENVX →