Applied Digital Corporation is recommended as a buy due to strong demand and a substantial $36 billion contracted backlog. The company is executing over 600 MW of new capacity expected to come online within 12 months, with expansion leases driving higher rates and longer contract durations. Its focus on AI campuses and Tier 1 hyperscaler customers supports durable growth and pricing power. While financing risk exists from $6.4 billion in debt, recent project financing terms have improved, making successful backlog execution critical for future performance.
Applied Digital Corporation trades at USD 23.55 on Pluang as of Oct 08, 2026 21:14 WIB, down 1.09% in the last day. The stock's market cap stands at $7.12 billion, reflecting investor interest despite the company’s substantial $36 billion backlog and ongoing capacity expansion. Pluang users show a balanced sentiment with 52% buy orders and 48% sell orders, highlighting cautious optimism amid financing risks.
Shares of data center builders Cipher Digital, TeraWulf, and Applied Digital dropped due to rising long-term Treasury yields, which increase the cost of financing their projects. Cipher Digital fell 6%, the largest decline among the group, reflecting...
Applied Digital reported a first-quarter revenue of $341.9 million, a 322% increase from the previous year, driven by strong demand for AI data center infrastructure. The company beat analyst expectations significantly, with adjusted earnings per sha...
Applied Digital reported a fiscal Q1 2027 earnings per share of -$0.01, beating estimates of -$0.30, with revenue soaring 322% year-over-year to $341.9 million. The company is expanding its AI data center capacity internationally, securing up to 1 gi...
Applied Digital's stock fell 4% ahead of its quarterly earnings report despite announcing its first international power deal in Finland, which could provide up to 1 gigawatt of capacity starting in 2028. The decline also affected rivals IREN and Core...
Applied Digital's stock rose 3% following a new agreement securing access to up to 1 gigawatt of power capacity in Finland, marking its first data center development outside the U.S. This deal positions the company to expand internationally while lim...
