U.S. Indexes Moved Upward Thursday; Applied Digital Led Increases
U.S. stock indexes closed higher on Thursday, with the Dow Jones Industrial Average gaining 0.55%. The S&P 500 Index increased by 0.17%, and the NASDAQ Composite Index saw a rise of 0.09%. Applied Digital was noted as a leading stock in increases.
Applied Digital (NASDAQ: APLD) Stock Price Rises 7.9% to $39.52 as Broad Semiconductor Rally Lift AI Infrastructure Stock
Applied Digital (NASDAQ: APLD) shares rose 7.9% to $39.52, benefiting from a broad semiconductor and AI infrastructure rally. Despite a recent EPS miss, analysts maintain a "Moderate Buy" rating with an average price target of $44.67, indicating further upside. Institutional ownership is substantial, though insider activity shows some selling.
Applied Digital Reaches Significant Milestone, Surpassing 1 GW of Contracted Capacity with U.S. Based High Investment-Grade Hyperscaler Lease at Fourth Campus, Polaris Forge 3
Applied Digital announced a new long-term lease agreement for its Polaris Forge 3 AI Factory campus, bringing its total contracted capacity with a U.S. based high investment-grade hyperscaler to over 1 GW. This 15-year take-or-pay lease is valued at approximately $7.5 billion in base-term revenue, potentially reaching $18.2 billion with renewal options, and further solidifies Applied Digital's position in the AI infrastructure market. The company's total contracted lease revenue across four campuses now stands at $31 billion, or $73 billion if all renewal options are exercised.
A Look At Applied Digital (APLD) Valuation After Nvidia Backed CoreWeave Lease Agreements
Applied Digital (APLD) is under evaluation after securing long-term lease agreements with Nvidia-backed CoreWeave worth $7 billion, highlighting its AI data centers. Though the stock has seen recent volatility, it shows strong 1-year returns, with a popular narrative suggesting it's 25.9% undervalued at $52.80. However, the current P/S ratio of 35x is significantly higher than the industry average, indicating high expectations are already priced in, and the company carries substantial debt.
Applied Digital (APLD) Stock; Slumps 8% as Investors Take Profits After $7.5B AI Cloud Win
Applied Digital (APLD) stock slumped 8% as investors took profits following a rally driven by its $7.5 billion AI cloud leasing agreement. The pullback also reflected broader market sentiment affected by rising Treasury yields and oil prices, which pressured growth-oriented sectors and AI infrastructure stocks. Despite the short-term volatility and execution risks associated with the 2027 project timeline, the long-term bullish case for APLD remains strong due to its substantial contracted revenues exceeding $23 billion.
Applied Digital (APLD) slides as traders take profits after recent hyperscaler-lease rally and new financing announcements
Applied Digital (APLD) stock fell 9.8% today, attributed to a post-rally pullback after recent positive contract and financing news, with traders locking in gains. Elevated short interest and market sensitivity to data-center funding may have amplified the decline. The company recently secured a new hyperscaler lease and a $300 million bridge facility for expansion, all while reporting strong revenue growth but continued losses.
Applied Digital’s AI Stock Just Hit a Wall After Its $7.5 Billion Win
Applied Digital's shares dropped 10% in midday trading on Monday, reflecting investor profit-taking and re-evaluation of high-growth data-center stock risks, despite recent positive news. The decline followed a broader market sell-off due to rising Treasury yields and oil prices. The company's recent $7.5 billion AI cloud contract and the spin-off of its ChronoScale unit had previously boosted the stock, with analysts maintaining a "Buy" rating based on its execution capabilities for future growth.
Applied Digital (NASDAQ: APLD) Stock Secures $7.5 Billion Hyperscaler Lease as AI Infrastructure Bet Deepens
Applied Digital (APLD) has signed a 15-year, $7.5 billion lease with an investment-grade US hyperscaler for its Delta Forge 1 campus, significantly boosting its contracted revenue to over $23 billion. The company also secured a $300 million bridge facility from Goldman Sachs to fund its third AI data center. This deal strengthens the bull case for APLD's AI infrastructure strategy, though execution risks and its current financial losses remain factors.
Wall Street Price Targets: Two Stocks to Sell and One to Watch in 2026 - News and Statistics
A recent analysis from StockStory advises caution on Wall Street's optimistic price targets, suggesting that many favorable ratings are issued to secure business. The analysis identifies BrightView (NYSE:BV) and Applied Digital (NASDAQ:APLD) as stocks to sell due to declining performance and financial concerns, while Casella (NASDAQ:CWST) is highlighted as a stock to watch, implying its market enthusiasm is justified.
Applied Digital, Viasat, CECO Environmental, and HNI Shares Plummet, What You Need To Know
Shares of Applied Digital, Viasat, CECO Environmental, and HNI plummeted due to negative macroeconomic news, including surging oil prices, rising Treasury yields, and disappointment over a lack of major agreements from a US-China summit. Applied Digital, in particular, saw a 7.9% drop, although it had previously gained significantly on news of major AI data center contracts with CoreWeave. The article suggests that such market overreactions can present buying opportunities for high-quality stocks.
Spear Advisors LLC Invests $7.19 Million in Applied Digital Corporation $APLD
Spear Advisors LLC has acquired a new stake in Applied Digital Corporation (NASDAQ:APLD), purchasing 293,256 shares valued at approximately $7.19 million, making it their 7th largest holding. Institutional ownership of Applied Digital stock is strong at 65.67%, with other major firms also increasing their positions. Despite trading near its 52-week high, the company recently missed EPS estimates, though analysts maintain a "Moderate Buy" rating with an average price target of $44.33.
Is Applied Digital’s US$7.5 Billion Hyperscaler Lease Reshaping The Investment Case For APLD?
Applied Digital (APLD) recently secured a US$300 million facility and a significant 15-year, US$7.5 billion lease with a hyperscaler for its Delta Forge 1 campus, substantially boosting its contracted revenue to over US$23 billion. While this enhances long-term revenue visibility, investors should consider the risks associated with high capital needs, increasing leverage, timely project execution, and customer concentration. The company projects substantial revenue and earnings growth by 2029, though analyst opinions on its risk and reward profile vary.
Applied Digital, Viasat, CECO Environmental, and HNI Shares Plummet, What You Need To Know
A number of stocks, including Applied Digital (APLD), Viasat (VSAT), CECO Environmental (CECO), and HNI (HNI), experienced significant drops due to negative macroeconomic news. Surging oil prices, rising Treasury yields, and a lack of major agreements from the Trump-Xi summit contributed to a broad-based sell-off. The article highlights Applied Digital's past volatility and a major deal with CoreWeave for AI data centers, which is expected to generate $7 billion in revenue over 15 years, positioning APLD well in the AI data center market.
Applied Digital price target raised to $51 from $48 at Needham
Needham analyst John Todaro has increased the price target for Applied Digital (APLD) to $51 from $48, while maintaining a Buy rating on the stock. This adjustment comes after discussions with the company's management at the Needham Tech Conference. The firm expressed greater confidence in Applied Digital's ability to complete its 1GW under construction, secure additional hyperscaler leases, and diversify its customer base towards IG credit clients.
Applied Digital stock hits all-time high at 46.68 USD
Applied Digital (APLD) stock reached an all-time high of 46.68 USD, marking a significant milestone with a 721.82% increase over the past year. Despite high volatility and past losses, analysts predict profitability this year, supported by 66% revenue growth. Recent strategic moves include a cloud business spinoff, a $300 million facility for an AI data center, and a $7.5 billion lease agreement for AI and high-performance compute infrastructure.
Applied Digital Secures Board Control at ChronoScale with 97.5% Stake
Applied Digital Corporation has acquired a 97.5% stake in ChronoScale Corporation through a share exchange and private placement, giving Applied Digital majority voting power and control over ChronoScale's board and strategy. The deal, which closed on May 5, 2026, allows Applied Digital to designate four of seven directors, including the Chairman, and signals potential strategic moves for ChronoScale, such as mergers or asset sales. Applied Digital, a technology company focused on digital infrastructure for high-performance computing, now considers ChronoScale a "controlled company" under Nasdaq rules.
Applied Digital Options Spot-On: On May 12th, 108.63K Contracts Were Traded, With 848.72K Open Interest
On May 12th, Applied Digital (APLD.US) experienced significant options trading with 108.63K contracts traded, predominantly call options (78.97%). The open interest reached 848.72K contracts, representing 105.63% of the 30-day average. A notable unusual trade involved a call option with a $65.00 strike price expiring on June 18th, 2026, transacting 1,537 contracts.
Applied Digital Options Spot-On: On May 11th, 157.78K Contracts Were Traded, With 929.36K Open Interest
This article analyzes the options trading activity for Applied Digital (NASDAQ: APLD) on May 11th, noting a trading volume of 157.78K contracts and an open interest of 929.36K contracts. It highlights unusual options activity and provides a summary of the underlying stock's performance.
Number of shareholders of Applied Digital Corporation – NASDAQ:APLD
This article concerns the number of shareholders for Applied Digital Corporation (NASDAQ: APLD). It appears to be a financial data page from TradingView, providing an overview of the company's financial information, news, and community discussions. The page itself does not present the specific number of shareholders but implies it would be found within the "Period Value Change Change %" section.
Applied Digital Just Spun Out ChronoScale: What CHRN Means for APLD Stock Now
Applied Digital has spun off its cloud unit, ChronoScale, which is now trading on Nasdaq under the ticker CHRN. Applied Digital retains 97% ownership of ChronoScale, with the move aimed at separating long-duration data-center hosting from the cloud compute segment. The financial performance of both companies will be closely watched, with Applied Digital securing significant deals for its AI data centers while ChronoScale faces the challenge of expanding its customer base beyond its initial client.
Applied Digital Surges 14% on a $7.5B Hyperscaler Lease. What a $23B Backlog Means for Investors
Applied Digital (APLD) recently saw its shares surge by 14% after securing a 15-year, $7.5 billion lease with an investment-grade hyperscaler for 300 MW at its Delta Forge 1 campus, addressing investor concerns about new hyperscaler leases. The company also spun off its cloud business, contributing to further stock increases. With a total contracted revenue of over $23 billion, Applied Digital's future performance hinges on the timely execution of construction and leasing agreements for its remaining gigawatt pipeline.
Applied Digital (NASDAQ:APLD) Upgraded at Zacks Research
Zacks Research upgraded Applied Digital (NASDAQ:APLD) from a "strong sell" to a "hold" rating, contributing to a "Moderate Buy" consensus among analysts with an average price target of $44.33. The company's stock is trading near its 52-week high, reflecting strong momentum despite missing EPS estimates in its latest quarter, though revenue grew significantly by 139.3%. Insider selling and institutional trading activity have also been noted.
International Assets Investment Management LLC Invests $1.41 Million in Applied Digital Corporation $APLD
International Assets Investment Management LLC has invested $1.41 million in Applied Digital Corporation (NASDAQ:APLD), acquiring 57,520 shares, as revealed in its Q4 13F filing. The investment comes amidst strong post-earnings momentum for Applied Digital, driven by significant revenue growth and positive sentiment surrounding its AI/data center expansion, despite missing EPS expectations. Institutional ownership now accounts for 65.67% of the stock.
Applied Digital (APLD) Stock Separates Cloud Business as Hyperscaler Deals Reshape the Story
Applied Digital (APLD) recently separated its cloud business, contributing it to ChronoScale Corporation (CHRN), to focus purely on high-performance computing and AI data center operations. This move comes as APLD secures significant hyperscaler deals, including a $7.5 billion long-term lease, and reported a 139% year-over-year revenue surge. Despite a net loss and significant free cash flow consumption, analysts maintain a "Strong Buy" rating due to the company's strong performance and strategic positioning in the booming AI infrastructure market.
Applied Digital Corp stock hits all-time high at 42.34 USD
Applied Digital Corp (APLD) stock reached an all-time high of $42.34, with a market capitalization of $11.4 billion and a 698.19% surge over the past year. This growth is supported by a 66% revenue increase in the last twelve months, according to InvestingPro data. Recent strategic developments include the spinoff of ChronoScale Corporation, a $300 million bridge facility from Goldman Sachs for an AI data center, and a $7.5 billion lease agreement with a hyperscaler.
Applied Digital (NASDAQ: APLD) forms ChronoScale, retains 97% stake and service fees
Applied Digital (NASDAQ: APLD) has spun out its cloud business unit, contributing it to Ekso Bionics Holdings, which has been renamed ChronoScale Corporation (NASDAQ: CHRN). Applied Digital retains approximately 97% ownership of ChronoScale and will receive quarterly service fees equal to 1% of ChronoScale's gross revenue, plus additional fees for corporate services. This strategic move aims to allow both businesses to pursue their respective opportunities with distinct capital and operational structures, while APLD maintains significant control and benefits from ChronoScale's growth.
New Nasdaq stock CHRN starts trading as Applied Digital keeps 97%
Applied Digital (NASDAQ: APLD) has completed the separation of its cloud business, establishing ChronoScale as an independent public company trading on Nasdaq under the ticker CHRN. Applied Digital retains approximately 97% ownership of ChronoScale, investing an additional $15.75 million for shares on top of the 138 million shares received for its cloud business contribution. ChronoScale will focus on GPU-based accelerated compute platforms for AI training, inference, and high-performance computing, while Applied Digital concentrates on its long-duration data center hosting business.
Applied Digital Completes Separation of Cloud Business, Establishing ChronoScale as Independent Public Company
Applied Digital Corporation (APLD) has announced the completion of the separation of its cloud business, which has now become a wholly-owned subsidiary of EKSO Bionics Holdings, Inc. Following this transaction, EKSO Bionics changed its name to ChronoScale Corporation (CHRN) and will begin trading independently on Nasdaq. Applied Digital retains approximately 97% ownership of ChronoScale and invested an additional $15.75 million, strategically positioning both entities to pursue distinct growth opportunities in data center hosting and accelerated cloud compute for AI workloads.
Applied Digital Closes $300MM Senior Secured Bridge Facility Led by Goldman Sachs
Applied Digital has secured a $300 million senior secured bridge facility, led by Goldman Sachs, to fund the continued development and construction of its third AI data center at the Polaris Forge 1 campus in Ellendale, North Dakota. The facility is a 364-day term loan with interest at SOFR plus 275 basis points and is prepayable without premium. Applied Digital plans to seek additional financing to complete the construction of the data center.
Applied Digital (APLD) Valuation Check After $300 Million Goldman Sachs Bridge Facility For AI Data Center Expansion
Applied Digital (APLD) recently secured a $300 million bridge facility from Goldman Sachs to expand its AI data center capacity, boosting its stock. The company has significant contracted lease revenue and is considered undervalued by some analysts at $50.09 per share, despite a high P/S ratio. Investors are advised to weigh the long-term contracts and growth potential against valuation risks and debt-funded expansion challenges.
Applied Digital submits rezoning application for data center in Oliver County
Applied Digital has submitted a rezoning application to Oliver County for an "AI Factory" data center near Center, North Dakota, following the county's decision to repeal a data center moratorium. The company aims to break ground this summer, creating 200 full-time jobs and 1,000 temporary construction jobs. This development comes despite previous community concerns, which Applied Digital sought to address through town halls and campus tours.
Applied Digital (APLD) Raises $300M for Expansion, Climbs 6.2%
Applied Digital (APLD) secured $300 million in a senior secured bridge facility led by Goldman Sachs to fund the expansion of its third data center at the Polaris Forge 1 campus in North Dakota. This announcement caused APLD shares to climb 6.20 percent. The company aims to efficiently procure capital for projects and maintain flexibility for long-term financing.
Applied Digital secures $300M bridge loan for AI data center
Applied Digital has secured a $300 million senior secured bridge facility led by Goldman Sachs to fund the continued development and construction of its third AI data center at the Polaris Forge 1 campus in North Dakota. The 364-day term loan carries an interest rate of SOFR plus 275 basis points and is secured by the assets of the Polaris Forge 1 project. This financing reflects a common industry approach for large AI-capable facilities to align capital with construction timelines, with the company expecting to seek additional funding to complete the project.
Goldman Sachs leads $300M loan for Applied Digital AI center
Applied Digital (NASDAQ: APLD) has secured a $300 million senior secured bridge facility led by Goldman Sachs. This funding is designated for the continued development of its third AI data center at Polaris Forge 1 in Ellendale, North Dakota. The 364-day term loan, bearing interest at SOFR + 275 bps, is secured by project assets and is prepayable without premium, with the company expecting to seek additional long-term financing.
Applied Digital Announces $300 Million Senior Secured Bridge Facility
Applied Digital Corporation has secured a $300 million senior secured bridge facility led by Goldman Sachs. This financing will fund the ongoing development and construction of the company's third AI data center at its Polaris Forge 1 campus in Ellendale, North Dakota. The company plans to seek additional financing to complete the construction and emphasizes its flexible approach to funding projects efficiently.
Jim Cramer on Applied Digital: A $7.5 Billion Contract Isn’t Enough Without Profits
Jim Cramer has expressed skepticism about Applied Digital (APLD) despite its substantial $7.5 billion contract with CoreWeave, citing the company's unprofitability. While Applied Digital reported a significant revenue increase in Q3 2026, it also posted a net loss and carries considerable debt. Cramer's view contrasts with Wall Street analysts, who maintain a bullish outlook on APLD.
Applied Digital Announces $300 Million Senior Secured Bridge Facility
Applied Digital Corporation has secured a $300 million senior secured bridge facility from Goldman Sachs. This financing will support the ongoing development of its third AI data center at the Polaris Forge 1 campus in Ellendale, North Dakota. The company plans to seek additional financing to finish construction and emphasized its strategy of efficient capital procurement to advance projects and bring capacity online.
Applied Digital Stock Pulls Back After $7.5 Billion AI Data-Center Deal — What Comes Next
Applied Digital shares fell after a significant $7.5 billion AI data-center lease deal, as investors weighed expansion costs and debt against the new contracted revenue. Despite a substantial increase in fiscal third-quarter revenue, the company reported a net loss and carries considerable debt. Analysts remain generally positive, but acknowledge the financial challenges and execution risks associated with building out massive data-center infrastructure.
Jim Cramer on Applied Digital: A $7.5 Billion Contract Isn’t Enough Without Profits
Jim Cramer has expressed skepticism about Applied Digital (APLD) despite its substantial $7.5 billion contract with CoreWeave, citing the company's lack of profitability in a market where competitors are generating earnings. While APLD reported a significant revenue increase in Q3 2026, it also posted a large net loss and carries considerable debt. Cramer believes the market is shifting from "losers to winners," and Applied Digital's high forward P/E ratio suggests Wall Street's bullish outlook conflicts with his focus on current profitability.
Applied Digital Corporation (APLD) Delivers Robust Revenue Growth as Net Loss Shrinks
Applied Digital Corporation (APLD) reported a substantial 139% increase in fiscal third-quarter revenue, reaching $126.6 million, while simultaneously shrinking its net loss to $100.9 million. This growth is driven by accelerating demand for high-performance AI data center capacity, with the company operating the industry's only 100MW direct-to-chip liquid-cooled data center. Additionally, its data center hosting business, including Bitcoin mining capacity, contributed significantly to operating profit and revenue.
Applied Digital Corporation (APLD) Delivers Robust Revenue Growth as Net Loss Shrinks
Applied Digital Corporation (APLD) reported a 139% increase in fiscal third-quarter revenue to $126.6 million, driven by demand for high-performance AI data center capacity and strong performance from its data center hosting business. Despite this growth, the net loss attributable to shareholders was $100.9 million. The company differentiates itself with the only 100MW direct-to-chip liquid-cooled data center.
Applied Digital Corp. (APLD) director sells 25,000 common shares
Applied Digital Corp. director Richard N. Nottenburg sold a total of 25,000 common shares in two open-market transactions on April 28 and April 30, 2026, for a combined value of over $832,000. Following these sales, he directly owns 208,378 shares, which include 7,747 restricted stock units vesting in November 2026. The sales were reported in a Form 4 filing, indicating a high impact and negative sentiment for the company.
Richard Nottenburg Sells 12,500 Shares of Applied Digital (NASDAQ:APLD) Stock
Richard Nottenburg, a Director at Applied Digital, sold 12,500 shares of the company's stock on April 28th for $400,000, reducing his ownership by 5.36%. This transaction occurred as the company reported a quarterly EPS miss of ($0.36) and a 139.3% YoY revenue increase to $108.55 million. Despite negative margins and return on equity, analysts generally maintain a "Moderate Buy" rating with a consensus price target of $44.33, while institutional investors and hedge funds continue to hold significant stakes in APLD.
148,263 Shares in Applied Digital Corporation $APLD Acquired by Cannon Capital Management Inc.
Cannon Capital Management Inc. recently acquired 148,263 shares of Applied Digital Corporation (APLD) in the fourth quarter, valuing the new position at approximately $3.64 million and making it Cannon's 10th largest holding. Despite reporting a revenue beat but an EPS miss in its latest quarter, Applied Digital currently holds a "Moderate Buy" consensus rating from analysts with an average target price of $44.33. Insider trading activity included a director selling 10,000 shares, while institutional ownership in APLD remains high at 65.67%.
Applied Digital Beat Estimates by 61% Last Quarter, and the Market Still Has Not Fully Noticed
Applied Digital (APLD) significantly outperformed its Q3 fiscal 2026 earnings estimates, with revenue beating by 61% and adjusted EPS by 143%. The company, which builds and operates high-performance data centers for AI workloads, has a strong development pipeline, including several hyperscaler campuses under construction. Despite a 615% one-year return, the stock remains below analyst price targets, with risks primarily centered on customer concentration and balance sheet leverage.
M&T Bank Corp Acquires Shares of 91,017 Applied Digital Corporation $APLD
M&T Bank Corp recently acquired a new stake of 91,017 shares in Applied Digital (APLD), valued at approximately $2.23 million, increasing institutional ownership to 65.67%. Amidst positive analyst sentiment and an average price target of $44.33, the company faces mixed fundamentals with strong revenue growth but negative EPS and margins, alongside recent insider sales and concerns about AI spending. Applied Digital specializes in digital infrastructure and sustainable Bitcoin mining, attracting significant hyperscaler interest despite market skepticism regarding AI-related capital expenditures.
Applied Digital director Miller sells $349,799 in APLD stock By Investing.com
Douglas S. Miller, a director at Applied Digital Corp. (NASDAQ:APLD), sold 10,000 shares of the company’s common stock for approximately $349,799 on April 27, 2026. Following the sale, Miller directly holds 184,859 shares, including restricted stock units set to vest in November 2026. Applied Digital recently reported a significant lease agreement, a 139% revenue increase in fiscal Q3, and equity awards to executives, with analysts maintaining a Buy rating.
Mixed options sentiment in Applied Digital Corp with shares down 5.84%
Shares of Applied Digital Corp (APLD) were down 5.84% with mixed options sentiment. Options volume was relatively light, with calls outnumbering puts, indicating a put/call ratio of 0.46. The implied volatility (IV30) decreased, suggesting an anticipated daily move of $2.12, and the put-call skew steepened, showing increased demand for downside protection.
Applied Digital (APLD) Stock Holds Above $35 After $7.5 Billion Lease Win as Construction Execution Becomes the Only Question That Matters
Applied Digital (APLD) stock traded flat after an initial surge following its announcement of a new $7.5 billion, 15-year lease agreement with an unnamed US-based investment-grade hyperscaler at its Delta Forge 1 AI Factory campus. This deal pushes the company's total contracted lease revenue above $23 billion, with over half now backed by investment-grade counterparties. However, the market's focus has shifted to the company's ability to execute on its construction program, as revenue from this new contract isn't expected until mid-2027, creating significant execution and financing challenges.
A Look At Applied Digital (APLD) Valuation After Large 15-Year AI Lease With New Hyperscaler Tenant
Applied Digital (APLD) recently secured a significant 15-year AI lease worth roughly US$7.5 billion with a new U.S. hyperscaler for its Delta Forge 1 AI campus. Despite a recent sharp increase in its share price, the company's valuation is seen as 33% undervalued by many, with a fair value estimate of $50 per share against a current price of $33.69. However, the high P/S ratio of 30.2x suggests potential valuation risk, especially considering the reliance on heavy debt-funded growth and a small number of large counterparties.
