Applied Digital (APLD) Stock Price

Applied Digital Price

NYSE·CLOSED
30.05USD+2.20 (+7.60 %)
Market closed

Revenue has compounded at 58.4% per year over the past 23 years to 215.51 M USD. Applied Digital's net margin stands at -107.2%, up from -975.2% several years earlier. Analysts set a median price target of 42.84 USD, implying 42.6% above the current price. Of 19 analysts, 18 rate the stock a buy — an overall Buy consensus. The stock trades about 200% above its 52-week low.

Applied Digital stock price

Volume
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Applied Digital over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Applied Digital stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Applied Digital's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Applied Digital Stock Price History
DateApplied Digital Price
7/21/202630.05 USD
7/20/202627.85 USD
7/17/202625.79 USD
7/16/202626.44 USD
7/15/202629.03 USD
7/14/202628.47 USD
7/13/202629.18 USD
7/10/202631.15 USD
7/9/202632.29 USD
7/8/202631.83 USD
7/7/202630.71 USD
7/6/202634.11 USD
7/2/202633.06 USD
7/1/202635.52 USD
6/30/202637.30 USD
6/29/202637.33 USD
6/26/202639.16 USD
6/25/202640.95 USD
6/24/202641.98 USD
6/23/202645.27 USD
6/22/202645.45 USD
6/18/202646.80 USD
6/17/202646.09 USD
6/16/202647.42 USD
6/15/202645.15 USD
6/12/202644.64 USD
6/11/202639.70 USD
6/10/202639.71 USD
6/9/202641.91 USD
6/8/202640.94 USD
6/5/202640.06 USD
6/4/202643.14 USD
6/3/202646.19 USD
6/2/202648.69 USD
6/1/202648.03 USD
5/29/202647.13 USD
5/28/202649.61 USD
5/27/202645.55 USD
5/26/202647.44 USD
5/22/202646.63 USD
5/21/202646.71 USD
5/20/202638.03 USD
5/19/202636.62 USD
5/18/202639.14 USD
5/15/202642.56 USD
5/14/202646.71 USD
5/13/202645.48 USD
5/12/202643.93 USD
5/11/202644.59 USD
5/8/202641.25 USD
5/7/202641.53 USD
5/6/202644.24 USD
5/5/202639.88 USD
5/4/202635.63 USD
5/1/202633.55 USD
4/30/202634.25 USD
4/29/202632.69 USD
4/28/202632.11 USD
4/27/202633.67 USD
4/24/202634.98 USD
4/23/202636.35 USD
4/22/202632.43 USD
4/21/202631.32 USD
4/20/202632.19 USD
4/17/202631.53 USD
4/16/202630.09 USD
4/15/202630.81 USD
4/14/202631.47 USD
4/13/202627.60 USD
4/10/202626.26 USD
4/9/202625.57 USD
4/8/202627.79 USD
4/7/202625.18 USD
4/6/202625.19 USD
4/2/202624.56 USD
4/1/202624.49 USD
3/31/202623.74 USD
3/30/202620.55 USD
3/27/202623.76 USD
3/26/202625.72 USD
3/25/202628.37 USD
3/24/202626.79 USD
3/23/202627.26 USD
3/20/202625.93 USD
3/19/202626.70 USD
3/18/202626.65 USD
3/17/202627.51 USD
3/16/202627.71 USD
3/13/202627.05 USD
3/12/202627.48 USD
3/11/202628.52 USD
3/10/202627.40 USD
3/9/202627.03 USD
3/6/202625.14 USD
3/5/202628.09 USD
3/4/202628.65 USD
3/3/202626.15 USD
3/2/202627.93 USD
2/27/202627.27 USD
2/26/202628.65 USD
2/25/202629.08 USD
2/24/202630.66 USD
2/23/202630.00 USD
2/20/202629.04 USD
2/19/202631.53 USD
2/18/202631.91 USD
2/17/202633.56 USD
2/13/202635.28 USD
2/12/202636.17 USD
2/11/202636.60 USD
2/10/202637.47 USD
2/9/202638.26 USD
2/6/202634.95 USD
2/5/202627.85 USD
2/4/202631.54 USD
2/3/202636.70 USD
2/2/202634.80 USD
1/30/202633.88 USD
1/29/202638.07 USD
1/28/202640.22 USD
1/27/202641.35 USD
1/26/202636.18 USD
1/23/202637.69 USD
1/22/202634.74 USD
1/21/202635.06 USD
1/20/202635.46 USD
1/16/202637.40 USD
1/15/202635.22 USD
1/14/202636.10 USD
1/13/202636.71 USD
1/12/202638.21 USD
1/9/202637.68 USD
1/8/202631.94 USD
1/7/202629.56 USD
1/6/202630.26 USD
1/5/202630.20 USD
1/2/202628.11 USD
12/31/202524.52 USD
12/30/202524.08 USD
12/29/202524.81 USD
12/26/202524.05 USD
12/24/202525.72 USD
12/23/202526.08 USD
12/22/202527.78 USD
12/19/202527.85 USD
12/18/202523.90 USD
12/17/202522.00 USD
12/16/202524.24 USD
12/15/202522.98 USD
12/12/202527.86 USD
12/11/202530.76 USD
12/10/202530.99 USD
12/9/202532.77 USD
12/8/202532.11 USD
12/5/202531.22 USD
12/4/202531.14 USD
12/3/202529.36 USD
12/2/202528.05 USD
12/1/202528.21 USD
11/28/202527.10 USD
11/26/202524.94 USD
11/25/202523.74 USD
11/24/202523.79 USD
11/21/202521.09 USD
11/20/202521.37 USD
11/19/202523.09 USD
11/18/202522.84 USD
11/17/202522.94 USD
11/14/202523.65 USD
11/13/202523.06 USD
11/12/202526.41 USD
11/11/202528.57 USD
11/10/202531.44 USD
11/7/202530.98 USD
11/6/202531.08 USD
11/5/202533.09 USD
11/4/202531.06 USD
11/3/202532.87 USD
10/31/202534.66 USD
10/30/202533.95 USD
10/29/202534.42 USD
10/28/202534.33 USD
10/27/202534.35 USD
10/24/202533.43 USD
10/23/202533.38 USD
10/22/202530.62 USD
10/21/202532.54 USD
10/20/202535.90 USD
10/17/202534.24 USD
10/16/202536.64 USD
10/15/202537.76 USD
10/14/202535.04 USD
10/13/202534.24 USD
10/10/202533.99 USD
10/9/202529.29 USD
10/8/202527.94 USD
10/7/202527.30 USD
10/6/202527.71 USD
10/3/202526.53 USD
10/2/202526.47 USD
10/1/202525.00 USD
9/30/202522.94 USD
9/29/202522.15 USD
9/26/202521.71 USD
9/25/202522.59 USD
9/24/202523.45 USD
9/23/202524.67 USD
9/22/202524.45 USD
9/19/202520.48 USD
9/18/202519.91 USD
9/17/202519.83 USD
9/16/202519.46 USD
9/15/202519.35 USD
9/12/202518.68 USD
9/11/202517.18 USD
9/10/202516.98 USD
9/9/202515.20 USD
9/8/202513.91 USD
9/5/202513.89 USD
9/4/202514.33 USD
9/3/202514.38 USD
9/2/202515.26 USD
8/29/202515.98 USD
8/28/202516.60 USD
8/27/202516.70 USD
8/26/202516.47 USD
8/25/202515.95 USD
8/22/202516.05 USD
8/21/202515.77 USD
8/20/202515.72 USD
8/19/202515.34 USD
8/18/202516.34 USD
8/15/202514.09 USD
8/14/202514.55 USD
8/13/202514.80 USD
8/12/202514.97 USD
8/11/202514.03 USD
8/8/202514.20 USD
8/7/202514.24 USD
8/6/202514.79 USD
8/5/202514.89 USD
8/4/202513.95 USD
8/1/202512.52 USD
7/31/202513.14 USD
7/30/202510.03 USD
7/29/202510.12 USD
7/28/202510.58 USD
7/25/202510.75 USD
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Applied Digital Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
0.00 USD
-263,000.00 USD
-263,000.00 USD
Jan 1, 2021
0.00 USD
-332,000.00 USD
-568,000.00 USD
Jan 1, 2022
8.55 M USD
-21.83 M USD
-23.52 M USD
Jan 1, 2023
55.39 M USD
-44.15 M USD
-45.61 M USD
Jan 1, 2024
136.62 M USD
-55.64 M USD
-149.27 M USD
Jan 1, 2025
215.51 M USD
-72.25 M USD
-231.07 M USD
Jan 1, 2026 (e)
421.66 M USD
193.49 M USD
-92.26 M USD
Jan 1, 2027 (e)
739.30 M USD
-184.62 M USD
-343.90 M USD

Applied Digital Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 25, 2026, 2:27 AM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
20022003200420052006200720082020202120222023202420252026e2027e
–1.003.003.003.001.00–––8.0055.00136.00215.00421.00739.00
––200.00––-66.67––––587.50147.2758.0995.8175.53
–2,200.0033.33733.3333.332,200.00–––-162.5020.0021.3210.2310.2310.23
22.0022.001.0022.001.0022.0022.0022.0022.00-13.0011.0029.0022.0043.0875.62
–––-1.00-2.00-3.00-2.00––-21.00-44.00-55.00-72.00193.00-184.00
–––-33.33-66.67-300.00–––-262.50-80.00-40.44-33.4945.84-24.90
–––-1.00-2.00-2.00-3.00––-23.00-45.00-149.00-231.00-92.00-343.00
––––100.00–50.00–––95.65231.1155.03-60.17272.83
0.811.061.371.371.371.381.491.5153.4093.42109.66209.56266.60266.60266.60
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Applied Digital generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Applied Digital retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Applied Digital's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Applied Digital has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Applied Digital's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Applied Digital stock margins

The Applied Digital margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Applied Digital. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Applied Digital.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
10.53 %
- %
- %
Jan 1, 2021
10.53 %
- %
- %
Jan 1, 2022
-156.08 %
-255.40 %
-275.12 %
Jan 1, 2023
19.87 %
-79.70 %
-82.33 %
Jan 1, 2024
21.93 %
-40.73 %
-109.26 %
Jan 1, 2025
10.53 %
-33.53 %
-107.22 %
Jan 1, 2026 (e)
10.53 %
45.89 %
-21.88 %
Jan 1, 2027 (e)
10.53 %
-24.97 %
-46.52 %

Applied Digital Stock Revenue, EBIT, Earnings per Share

The Applied Digital earnings per share therefore indicates how much revenue Applied Digital has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
0.00 USD
-0.17 USD
-0.17 USD
Jan 1, 2021
0.00 USD
-0.01 USD
-0.01 USD
Jan 1, 2022
0.09 USD
-0.23 USD
-0.25 USD
Jan 1, 2023
0.51 USD
-0.40 USD
-0.42 USD
Jan 1, 2024
0.65 USD
-0.27 USD
-0.71 USD
Jan 1, 2025
0.81 USD
-0.27 USD
-0.87 USD
Jan 1, 2026 (e)
1.51 USD
0.73 USD
-0.33 USD
Jan 1, 2027 (e)
2.64 USD
-0.69 USD
-1.23 USD

Applied Digital business model & stock analysis

Applied Digital Segments

Applied Digital Revenue by Segment

  • Max

Data Center Hosting Business
HPC Hosting Business
Details
Date
Data Center Hosting Business
HPC Hosting Business
Jan 1, 2025
144.19 M USD
0.00 USD

Applied Digital Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Applied Digital historical P/E ratio, EBIT multiple, and P/S ratio

Applied Digital annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Applied Digital shares outstanding

The number of shares of Applied Digital was 266.6 M in 2025. This indicates how many shares Applied Digital is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
1.51 M Stocks
Jan 1, 2021
53.40 M Stocks
Jan 1, 2022
93.42 M Stocks
Jan 1, 2023
109.66 M Stocks
Jan 1, 2024
209.56 M Stocks
Jan 1, 2025
266.60 M Stocks
Jan 1, 2026 (e)
266.60 M Stocks
Jan 1, 2027 (e)
266.60 M Stocks

Applied Digital stock splits

In Applied Digital's history, there have been no stock splits.

Current Applied Digital forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
3.70 %
Buy94.74 % (18)
Hold5.26 % (1)
Sell0.00 % (0)
12M Price Target
42.84
Last Price
29.89
Currency
USD
12M Return Potential
43.33 %
LTM Return
0 %

Applied Digital Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
7/28/2026-0.22USD96.73 MUSD2026 Q4
4/8/2026-0.11USD78.09 MUSD2026 Q3
1/12/2026-0.10USD89.26 MUSD2026 Q2
1/7/2026-0.10USD89.26 MUSD2026 Q2
1/16/20240.01USD58.46 MUSD2024 Q2
10/11/2022-0.10USD6.74 MUSD2023 Q1
8/25/2022-0.13USD7.21 MUSD2022 Q4

EESG©

Eulerpool ESG Scorecard© for the Applied Digital stock

19/100
9
Environment
34
Social
15
Governance
E

Environment

20
Scope 1 - Direct Emissions—
Scope 2 - Indirect emissions from purchased energy—
Scope 3 - Indirect emissions within the value chain—
Total CO₂ emissions—
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees—
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Applied Digital shareholder structure

% Name
7.81824%
Hood River Capital Management LLC
Hood River Capital Management LLC
7.30769%
Cummins (Wesley)
Cummins (Wesley)
5.12896%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
4.52079%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
2.75977%
NVIDIA Corp
NVIDIA Corp
2.35767%
Situational Awareness LP
Situational Awareness LP
...

Applied Digital Executives and Management Board

WC

Mr. Wesley Cummins

(47)

Chairman of the Board, President, Chief Executive Officer · since 2007

Compensation27.71 M USD
JZ

Mr. Jason Zhang

(32)

Chief Strategy Officer · since 2022

Compensation11.50 M USD
LL

Ms. Laura Laltrello

(52)

Chief Operating Officer

Compensation9.95 M USD
SM

Mr. Saidal Mohmand

(35)

Chief Financial Officer

Compensation9.79 M USD
DM

Mr. Douglas Miller

(68)

Lead Independent Director

Compensation332,504.00 USD

Frequently asked questions about Applied Digital

Analysts currently set an average price target of 49.95 USD for the Applied Digital stock (median: 42.84 USD), implying +67.1 % versus the latest price. The consensus is based on 19 analyst ratings.

Applied Digital Analyst Price Targets 2026

All fundamentals and in-depth analysis of Applied Digital

Our stock analysis for Applied Digital stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Applied Digital. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

Applied Digital Stock
Applied Digital Revenue→
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