Applied Digital Corporation vs Orion Office REIT Inc — how do they compare? Applied Digital Corporation trades at $31.09 (market cap $8.55B), while Orion Office REIT Inc trades at $2.76 (market cap $158.01M). The key difference: Applied Digital Corporation is far larger — about 54.1× Orion Office REIT Inc's market cap, and Orion Office REIT Inc pays a 2.89% dividend while Applied Digital Corporation pays none. Which is the better fit depends on your goals.
| APLD | ONL | |
|---|---|---|
Market Cap | $8.55B | $158.01M |
Sector | Technology | Real Estate |
52-Week High | $49.65 | $3.04 |
52-Week Low | $13.89 | $1.93 |
Enterprise Value | $12.06B | $574.95M |
Dividend Yield | — | 2.89% |
Signals from Pluang's Aura AI — not financial advice
Applied Digital (APLD) trades at $30.89, up 6.3% today, with a neutral technical signal despite recent earnings misses. The company shows explosive revenue growth potential with $36 billion in contracted AI infrastructure deals, though current financials reveal significant losses with a -39.91% net margin. Analyst sentiment remains strongly bullish with 100% buy ratings and a $72.36 consensus target.
The stock presents high-risk, high-reward potential with massive contracted revenue offset by current negative profitability and substantial financing needs. Key catalysts include data center build-out execution, while risks include debt load expansion and competitive pressures in the AI infrastructure space.
ONL trades at $2.76, up 0.36% today, with a bullish technical signal from moving averages. The company reported a Q2 2026 EPS beat of $0.42 versus -$0.07 expected, but maintains negative net income and ROE. Revenue has declined from $208M in 2022 to $148M in 2025, with a net loss of -$139M. Analyst consensus is split evenly between Buy and Hold.
The outlook remains challenged by persistent losses and declining revenue, though the low P/B of 0.25 suggests asset value. Key risks include high debt and weak profitability. Upside depends on successful portfolio repositioning and a return to sustained earnings growth.
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 →Orion Office REIT Inc is a internally-managed REIT engaged in the ownership, acquisition, and management of a diversified portfolio of mission-critical and headquarters office buildings located in high quality suburban markets across the U.S. and leased primarily on a single-tenant net lease basis to creditworthy clients.
Read more on ONL →