Applied Digital Corporation vs Eaton Corporation plc — how do they compare? Applied Digital Corporation trades at $29.88 (market cap $8.90B), while Eaton Corporation plc trades at $401.95 (market cap $158.15B). The key difference: Eaton Corporation plc is far larger — about 17.8× Applied Digital Corporation's market cap, and Eaton Corporation plc pays a 1.08% dividend while Applied Digital Corporation pays none. Which is the better fit depends on your goals.
| APLD | ETN | |
|---|---|---|
Market Cap | $8.90B | $158.15B |
Sector | Technology | Technology |
52-Week High | $49.65 | $435.78 |
52-Week Low | $9.18 | $315.82 |
Enterprise Value | $10.00B | $179.23B |
Dividend Yield | — | 1.08% |
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.
Eaton (ETN) trades at $407.28, up 0.36% today, with a neutral technical stance and strong analyst support. The stock shows consistent earnings beats, with Q1 2026 EPS of $2.81 surpassing the $2.73 estimate. Fundamentals remain robust with a 36.89% gross margin and 20.87% ROE, though valuation multiples like the 39.85 P/E are elevated. Recent news highlights expansion in energy infrastructure and sustainability investments.
Outlook is positive given analyst consensus targets near $449.50 and zero sell ratings, but risks include high valuation sensitivity and projected 2026 cash flow pressure from increased investing activity. The stock offers growth exposure to power management and AI infrastructure trends, balanced by execution risks in a competitive industrial sector.
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 →Eaton is a global power management company providing energy-efficient solutions for electrical, aerospace, and industrial sectors. It focuses on improving sustainability through intelligent power technology.
Read more on ETN →