Applied Digital Corporation (APLD) has been reaffirmed with a Strong Buy rating and its price target raised from $54 to $70. The company now holds 1,410MW of contracted IT load across five campuses, representing $36 billion in initial 15-year lease revenue. Its Q4 2026 results showed strong financial performance with $42.4 million adjusted EBITDA and $12.9 million adjusted net income, highlighting its ability to convert AI data center leases into profit. Despite a high valuation at 36.15x forward EV/EBITDA, this is justified by expected revenue growth of 106.76% and EBITDA growth of 174.92%, well above sector medians, signaling significant growth potential.
As of Sep 18, 2026 19:13 WIB, Applied Digital Corporation (APLD) trades at USD 26.53 on Pluang, showing a modest 1-day gain of 0.57%. The stock's market capitalization stands at $7.50 billion with an enterprise value of $11.01 billion, reflecting significant investor interest. Notably, 73% of Pluang users are buying APLD, indicating strong demand despite its high valuation.
Applied Digital (APLD) has experienced a significant stock decline of over 30% since September 2026 amid a weakening AI market sentiment. However, the company's long-term prospects remain strong due to secure 15-year take-or-pay leases with major hyp...
CoreWeave and Applied Digital, linked as tenant and landlord in AI data center operations, both reported over 100% revenue growth but face rising debt risks. CoreWeave, which rents GPUs to AI labs, has sold out near-term capacity and raised prices, y...
IREN's stock dropped 5% following a 20% rally as banks tighten lending for AI data center projects, impacting companies with heavy debt like IREN. Despite beating revenue expectations and a $20.3 billion backlog, IREN faces funding challenges with $6...
