FY2025 EPS Forecast for Applied Digital Lifted by Analyst

Applied Digital Corporation (NASDAQ:APLD) – Investment analysts at Northland Capmk raised their FY2025 earnings per share estimates for Applied Digital in a report issued on Tuesday, July 15th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings of ($1.05) per share for the year, up from their prior estimate of ($1.07). The consensus estimate for Applied Digital’s current full-year earnings is ($0.96) per share. Northland Capmk also issued estimates for Applied Digital’s Q4 2025 earnings at ($0.14) EPS.

A number of other analysts also recently issued reports on the company. HC Wainwright lifted their target price on Applied Digital from $7.00 to $12.00 and gave the company a “buy” rating in a research report on Tuesday, June 3rd. Citigroup reaffirmed an “outperform” rating on shares of Applied Digital in a research report on Tuesday, June 3rd. Roth Capital reissued a “buy” rating on shares of Applied Digital in a research report on Monday, June 2nd. B. Riley boosted their price target on Applied Digital from $8.00 to $15.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Finally, JMP Securities boosted their price target on Applied Digital from $12.00 to $18.00 and gave the stock a “market outperform” rating in a research report on Tuesday, June 3rd. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $12.73.

Applied Digital Price Performance

NASDAQ:APLD opened at $10.91 on Thursday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.70 and a current ratio of 0.70. The stock’s 50-day simple moving average is $9.42 and its 200 day simple moving average is $7.80. The company has a market cap of $2.46 billion, a P/E ratio of -7.96 and a beta of 6.04. Applied Digital has a 52-week low of $3.01 and a 52-week high of $15.42.

Applied Digital (NASDAQ:APLD) last released its earnings results on Monday, April 14th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.05). The company had revenue of $52.92 million during the quarter, compared to analyst estimates of $62.91 million. Applied Digital had a negative net margin of 109.99% and a negative return on equity of 77.49%. During the same period in the prior year, the firm posted ($0.24) EPS.

Institutional Investors Weigh In On Applied Digital

Institutional investors have recently made changes to their positions in the company. US Bancorp DE bought a new stake in shares of Applied Digital during the fourth quarter worth approximately $37,000. PNC Financial Services Group Inc. bought a new stake in shares of Applied Digital during the first quarter worth approximately $28,000. Jones Financial Companies Lllp bought a new stake in shares of Applied Digital during the fourth quarter worth approximately $39,000. Geneos Wealth Management Inc. boosted its holdings in shares of Applied Digital by 113.3% during the first quarter. Geneos Wealth Management Inc. now owns 6,667 shares of the company’s stock worth $37,000 after acquiring an additional 3,542 shares during the period. Finally, ORG Wealth Partners LLC bought a new stake in shares of Applied Digital during the second quarter worth approximately $66,000. Institutional investors own 65.67% of the company’s stock.

Insider Activity

In other news, Director Rachel H. Lee sold 24,212 shares of the business’s stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $7.00, for a total transaction of $169,484.00. Following the completion of the sale, the director owned 83,613 shares in the company, valued at $585,291. The trade was a 22.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 11.81% of the stock is currently owned by corporate insiders.

About Applied Digital

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.