Analyst Price Target is $14.00
▲ +131.02% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Applied Digital in the last 3 months. The average price target is $14.00, with a high forecast of $16.00 and a low forecast of $12.00. The average price target represents a 131.02% upside from the last price of $6.06.
Current Consensus is
The current consensus among 2 polled investment analysts is to buy stock in Applied Digital. This Buy consensus rating has held steady for over two years.
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.