Compare Applied Digital Corporation (APLD) vs Plug Power Inc (PLUG) Price & Performance
Price performance
Price movement over the last 24 hours
Key statistics
Key statistics
Applied Digital Corporation vs Plug Power Inc — how do they compare? Applied Digital Corporation trades at $30.77 (market cap $8.90B), while Plug Power Inc trades at $2.22 (market cap $3.11B). The key difference: Applied Digital Corporation is far larger — about 2.9× Plug Power Inc's market cap, and Applied Digital Corporation is trading nearer its 52-week high, Plug Power Inc nearer its low. Which is the better fit depends on your goals.
| APLD | PLUG | |
|---|---|---|
Market Cap | $8.90B | $3.11B |
Sector | Technology | Industrials |
52-Week High | $49.65 | $4.14 |
52-Week Low | $9.18 | $1.40 |
Enterprise Value | $10.00B | $3.90B |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
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.
PLUG trades at $2.23, down 6.3% on the day, with a bearish technical signal and negative cash flows. The company reported a net loss of $1.63 billion in 2025 despite revenue of $710 million, with gross profit margin at -25.66%. Recent news includes a 50MW electrolyzer order for the Hunter Valley Hydrogen Hub in Australia, but the stock faces pressure from analyst target cuts and high short interest of 27.4%.
Outlook remains challenged by persistent losses and cash burn, though analyst consensus suggests 31% upside to the $2.92 target. Key risks include delayed profitability targets beyond 2028 and reliance on financing amid negative operating cash flow. The stock's viability hinges on successful project execution and hydrogen market adoption.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Top news
Latest headlines on both assets
Top news
Latest headlines on both assets
About Applied Digital Corporation
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 →About Plug Power Inc
Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets—including material handling, e-mobility, power generation, and industrial applications.
Read more on PLUG →
