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Applied Digital - APLD Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $10.30
  • Forecasted Upside: 11.11%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$9.27 As of 06/8/2023 01:00 AM ET
▲ +0.43 (4.86%)

This chart shows the closing price for APLD by one month, three months, or twelve months.

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Analyst Price Target for APLD

Analyst Price Target is $10.30
▲ +11.11% 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 $10.30, with a high forecast of $17.00 and a low forecast of $5.50. The average price target represents a 11.11% upside from the last price of $9.27.

This chart shows the closing price for APLD for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 contributing investment analysts is to buy stock in Applied Digital.

Past Monthly Recommendations

Move your mouse over past months for details

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/15/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/15/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/13/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/11/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/10/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/10/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/9/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/8/2023

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/7/2023HC WainwrightBoost Target$4.00 ➝ $12.00
5/26/2023Northland SecuritiesBoost Target$5.00 ➝ $11.00
5/19/2023B. RileyBoost Target$7.00 ➝ $17.00
5/16/2023Needham & Company LLCBoost Target$3.70 ➝ $5.50
1/13/2023Needham & Company LLCLower TargetBuy$5.50 ➝ $3.70
1/10/2023B. RileyLower Target$8.00 ➝ $7.00
12/22/2022HC WainwrightInitiated CoverageBuy$4.00
10/12/2022Lake Street CapitalLower Target$10.00 ➝ $6.00
5/24/2022DA DavidsonInitiated CoverageBuy$6.00
5/23/2022Craig HallumInitiated CoverageBuy$10.00
5/9/2022Lake Street CapitalInitiated CoverageBuy$10.00
5/9/2022Northland SecuritiesInitiated CoverageOutperform$7.50
5/9/2022Needham & Company LLCInitiated CoverageBuy$5.50
5/9/2022B. RileyInitiated CoverageBuy$10.00
(Data available from 6/8/2018 forward)

News Sentiment Rating

0.48 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/10/2022
  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/10/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
1/9/2023
  • 3 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/8/2023
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/10/2023
  • 1 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
4/9/2023
  • 4 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/9/2023
  • 5 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/8/2023

Current Sentiment

  • 5 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Applied Digital logo
Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the performance computing industry. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation was incorporated in 2001 and is based in Dallas, Texas.
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Today's Range

Now: $9.27
Low: $8.31
High: $9.45

50 Day Range

MA: $4.88
Low: $2.15
High: $9.69

52 Week Range

Now: $9.27
Low: $0.85
High: $10.25

Volume

3,505,510 shs

Average Volume

2,403,786 shs

Market Capitalization

$889.09 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

4.22

Frequently Asked Questions

What sell-side analysts currently cover shares of Applied Digital?

The following Wall Street analysts have issued research reports on Applied Digital in the last twelve months: B. Riley, HC Wainwright, Lake Street Capital, Needham & Company LLC, and Northland Securities.
View the latest analyst ratings for APLD.

What is the current price target for Applied Digital?

5 Wall Street analysts have set twelve-month price targets for Applied Digital in the last year. Their average twelve-month price target is $10.30, suggesting a possible upside of 11.1%. B. Riley has the highest price target set, predicting APLD will reach $17.00 in the next twelve months. Needham & Company LLC has the lowest price target set, forecasting a price of $5.50 for Applied Digital in the next year.
View the latest price targets for APLD.

What is the current consensus analyst rating for Applied Digital?

Applied Digital currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe APLD will outperform the market and that investors should add to their positions of Applied Digital.
View the latest ratings for APLD.

What other companies compete with Applied Digital?

Other companies that are similar to Applied Digital include Sprott, Avantax, Perella Weinberg Partners, loanDepot and Crescent Capital BDC. Learn More about companies similar to Applied Digital.

How do I contact Applied Digital's investor relations team?

Applied Digital's physical mailing address is 28 COTTRELL, MYSTIC CT, 06355. The company's listed phone number is (214) 427-1704 and its investor relations email address is [email protected]. The official website for Applied Digital is www.applieddigital.com. Learn More about contacing Applied Digital investor relations.