Applied Digital Corporation vs RLX Technology Inc — how do they compare? Applied Digital Corporation trades at $31.19 (market cap $8.55B), while RLX Technology Inc trades at $2.02 (market cap $2.42B). The key difference: Applied Digital Corporation is far larger — about 3.5× RLX Technology Inc's market cap, and RLX Technology Inc pays a 5.05% dividend while Applied Digital Corporation pays none. Which is the better fit depends on your goals.
| APLD | RLX | |
|---|---|---|
Market Cap | $8.55B | $2.42B |
Sector | Technology | Technology |
52-Week High | $49.65 | $2.73 |
52-Week Low | $13.89 | $1.79 |
Enterprise Value | $12.06B | $1.04B |
Dividend Yield | — | 5.05% |
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.
RLX Technology trades at $2.02, up 1.0% with bearish technical signals despite recent earnings misses. The company maintains strong profitability with 22.47% net margins and international expansion driving revenue growth from $3.62B to $4.4B. Cash flow trends show operational strength but negative net cash flow. Analyst coverage remains limited with a single hold rating.
RLX faces execution risks from international integration while trading at reasonable valuations (P/E 17.96). The upcoming Q2 2026 earnings on August 14 will be crucial for validating growth trajectory amid competitive and regulatory pressures in the global e-vapor market.
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 →RLX Technology Inc. is a leading e-vapor company in China, focusing on the research, development, and sale of e-vapor products. The company primarily operates under the RELX brand, offering a range of closed-system e-vapor products designed to deliver a high-quality user experience. RLX's business model is centered on product innovation, strong brand building, and a vast distribution network across China.
Read more on RLX →