NASDAQ:APLD Applied Digital (APLD) Stock Price, News & Analysis $4.19 +0.16 (+3.97%) (As of 09:12 AM ET) Add Compare Share Share Today's Range$4.19▼$4.1950-Day Range$3.84▼$7.1452-Week Range$2.36▼$8.65Volume31,765 shsAverage Volume4.32 million shsMarket Capitalization$574.91 millionP/E RatioN/ADividend YieldN/APrice Target$8.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Applied Digital alerts: Email Address Applied Digital MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside100.5% Upside$8.40 Price TargetShort InterestHealthy16.43% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.42Based on 11 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.98) to ($1.18) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.60 out of 5 starsFinance Sector517th out of 863 stocksData Processing & Preparation Industry29th out of 57 stocks 3.5 Analyst's Opinion Consensus RatingApplied Digital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageApplied Digital has only been the subject of 4 research reports in the past 90 days.Read more about Applied Digital's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted16.43% of the float of Applied Digital has been sold short.Short Interest Ratio / Days to CoverApplied Digital has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Applied Digital has recently decreased by 6.20%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldApplied Digital does not currently pay a dividend.Dividend GrowthApplied Digital does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for APLD. Previous Next 1.9 News and Social Media Coverage News SentimentApplied Digital has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Applied Digital this week, compared to 3 articles on an average week.Search InterestOnly 44 people have searched for APLD on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 13 people have added Applied Digital to their MarketBeat watchlist in the last 30 days. This is a decrease of -59% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Applied Digital insiders have not sold or bought any company stock.Percentage Held by Insiders20.50% of the stock of Applied Digital is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions65.67% of the stock of Applied Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Applied Digital's insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Applied Digital are expected to decrease in the coming year, from ($0.98) to ($1.18) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Applied Digital is -5.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Applied Digital is -5.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioApplied Digital has a P/B Ratio of 5.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Applied Digital's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaThis Crypto Is Set to Explode in AugustWith thousands of cryptocurrencies out there, it's crucial to focus on the ONE that has the potential to make HUGE gains. Industry Giants are Investing Heavily in Blockchain Technology and THIS COIN is at the Heart of Their Strategy. It's a groundbreaking opportunity that could be poised for extraordinary gains. Go here to get full details on this crypto now. About Applied Digital Stock (NASDAQ:APLD)Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.Read More APLD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart APLD Stock News HeadlinesAugust 21 at 1:36 AM | americanbankingnews.comApplied Digital (APLD) to Release Earnings on WednesdayAugust 20 at 2:59 AM | americanbankingnews.comApplied Digital Co. (NASDAQ:APLD) Sees Large Decrease in Short InterestAugust 22, 2024 | Crypto 101 Media (Ad)This Crypto Is Set to Explode in AugustWith thousands of cryptocurrencies out there, it's crucial to focus on the ONE that has the potential to make HUGE gains. Industry Giants are Investing Heavily in Blockchain Technology and THIS COIN is at the Heart of Their Strategy. It's a groundbreaking opportunity that could be poised for extraordinary gains. August 17, 2024 | ca.finance.yahoo.comAPLD Aug 2024 4.000 callAugust 17, 2024 | msn.com3 Best Stocks to Buy Now, 8/16/2024, According to Top AnalystsAugust 17, 2024 | finance.yahoo.comAPLD Aug 2024 7.500 call (APLD240823C00007500)August 17, 2024 | finance.yahoo.comAPLD Aug 2024 6.500 put (APLD240823P00006500)August 17, 2024 | uk.investing.comApplied Digital hires new security head for data center safetyAugust 22, 2024 | Crypto 101 Media (Ad)This Crypto Is Set to Explode in AugustWith thousands of cryptocurrencies out there, it's crucial to focus on the ONE that has the potential to make HUGE gains. Industry Giants are Investing Heavily in Blockchain Technology and THIS COIN is at the Heart of Their Strategy. It's a groundbreaking opportunity that could be poised for extraordinary gains. August 14, 2024 | globenewswire.comApplied Digital Strengthens Security Leadership with Appointment of Industry Veteran Gary SmithAugust 9, 2024 | investing.comApplied Digital (APLD) Earnings Dates & ReportsAugust 5, 2024 | ca.finance.yahoo.comAPLD Aug 2024 2.500 callAugust 5, 2024 | ca.finance.yahoo.comAPLD Aug 2024 3.500 putJuly 30, 2024 | globenewswire.comApplied Digital Secures Final $25 Million from Garden City Facility SaleJuly 26, 2024 | barrons.comApplied Digital Corp.July 9, 2024 | seekingalpha.comApplied Digital: An Alternative Way To Invest In AI InfrastructureJune 7, 2024 | globenewswire.comApplied Digital Secures Private Debt Facility of up to $200 million to Accelerate HPC Data Center Project in Ellendale, North DakotaMay 29, 2024 | investorplace.comPenny Stocks with Promise: 3 Sub-$5 Picks Poised for Explosive GrowthSee More Headlines Receive APLD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Applied Digital and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today8/22/2024Next Earnings (Confirmed)8/28/2024Fiscal Year End5/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Data processing & preparation Sub-IndustryBusiness Services Current SymbolNASDAQ:APLD CUSIPN/A CIK1144879 Webapplieddigital.com Phone214-427-1704Fax865-777-3767Employees121Year FoundedN/APrice Target and Rating Average Stock Price Target$8.40 High Stock Price Target$11.00 Low Stock Price Target$5.00 Potential Upside/Downside+100.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.79) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-44,650,000.00 Net Margins-61.84% Pretax Margin-64.15% Return on Equity-75.46% Return on Assets-20.50% Debt Debt-to-Equity Ratio0.90 Current Ratio0.30 Quick Ratio0.30 Sales & Book Value Annual Sales$143.91 million Price / Sales3.99 Cash FlowN/A Price / Cash FlowN/A Book Value$0.73 per share Price / Book5.74Miscellaneous Outstanding Shares137,209,000Free Float109,081,000Market Cap$574.91 million OptionableOptionable Beta4.56 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Wesley Cummins (Age 46)Chairman, CEO, President, Secretary & Treasurer Comp: $5.95MMr. David Rench (Age 46)Chief Financial Officer Comp: $2.71MMr. Michael Maniscalco (Age 44)Chief Technology Officer Comp: $1.15MMr. Jason Zhang (Age 30)Co-Founder Comp: $25kMr. Nick PhillipsExecutive Vice President of Hosting Operations & Public AffairsMr. John BrowderDirector of HR and RecruitingMr. Etienne SnymanExecutive Vice President of PowerMr. Roland DavidsonExecutive Vice President of EngineeringMr. Brad BartonEVP of Real Estate DevelopmentMore ExecutivesKey CompetitorsEVERTECNYSE:EVTCPremierNASDAQ:PINCFlywireNASDAQ:FLYWNeoGenomicsNASDAQ:NEOJOYYNASDAQ:YYView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 308,223 shares on 8/19/2024Ownership: 0.565%Point72 Asset Management L.P.Bought 243,932 shares on 8/19/2024Ownership: 0.178%Susquehanna International Group LLPSold 229,900 shares on 8/16/2024Ownership: 0.000%Alight Capital Management LPBought 600,000 shares on 8/15/2024Ownership: 0.437%The Manufacturers Life Insurance Company Bought 7,517 shares on 8/15/2024Ownership: 0.027%View All Insider TransactionsView All Institutional Transactions APLD Stock Analysis - Frequently Asked Questions How have APLD shares performed this year? Applied Digital's stock was trading at $6.74 at the start of the year. Since then, APLD stock has decreased by 37.8% and is now trading at $4.19. View the best growth stocks for 2024 here. When did Applied Digital IPO? Applied Digital (APLD) raised $40 million in an initial public offering (IPO) on Wednesday, April 13th 2022. The company issued 8,000,000 shares at a price of $5.00 per share. Who are Applied Digital's major shareholders? Applied Digital's top institutional investors include Hood River Capital Management LLC (6.99%), Van ECK Associates Corp (2.09%), 272 Capital LP (1.19%) and B. Riley Wealth Advisors Inc. (0.56%). View institutional ownership trends. How do I buy shares of Applied Digital? Shares of APLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:APLD) was last updated on 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredTrump is sounding the alarmEurope is one of the latest to release a central bank digital currency and along with it, new cash rules. 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