Applied Digital's stock has fallen over 50% from its peak, currently trading at $23.85, while analysts' average price target is $65.37, implying a 174% upside. The company builds AI data center campuses and has $36 billion in contracted lease revenue. Despite recent losses and high debt, bullish analysts highlight growth in AI infrastructure leasing, power pipeline advantages, and margin expansion. The most optimistic target is $90, suggesting a 277% gain if the company executes well. Risks include construction delays and financing challenges, but falling borrowing costs and strong contracts support recovery potential.
Applied Digital's sharp decline over the past year is evident on Pluang, where the stock trades at USD 23.32 as of Oct 10, 2026 00:03 WIB, down 2.22% for the day. The stock remains far below its 52-week high of USD 49.65, with a market cap of USD 7.21 billion. Pluang investors hold the stock for an average of 24 days, showing a balanced order activity with 53% buying and 47% selling.
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 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 hi...
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...
