← ANALYST RATINGS · TIPRANKS

Applied Digital Corporation (APLD): analyst forecast and price target

$18.05 −11.48% close 16.10.26 · market cap $7.2B · Technology · Information Technology Services
Price targets and ratings of

Analyst consensus

Strong Buy

6 Buy1 Hold0 Sell

Ratings of 7 analysts in the last 3 months · top analysts only

12-month forecast

$67.67+274.9% upside

Based on 7 price targets given in the last 3 months, the average target is $67.67, the highest $83.00, the lowest $41.00. The average is +274.9% from the last price of $18.05.

$20.00$40.00$60.00$80.00Jan 26AprJulOctJan 27AprJulOctHigh$83.00Average$67.67Low$41.00
Highest target $83.00 Average target $67.67 Lowest target $41.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Stephen Byrd★★★★★★★★★★#1531 · hits 52% · avg +6.9% Morgan Stanley $37.50 → $41.00+9.3% Hold +127.1% Reiterated 09.10.26on TipRanks 09:10 −1.3%next day −1.8% · 5 days −21.8%
Eric Luebchow★★★★★★★★★★#1436 · hits 54% · avg +9.1% Wells Fargo $50.00 → $55.00+10.0% Buy +204.7% Assigned 08.10.26on TipRanks Oct 9 09:15 +0.6%next day −1.3% · 5 days −14.2%
Darren Aftahi★★★★★★★★★★#1081 · hits 38% · avg +12.8% Lucid Capital $83.00 Buy +359.8% Reiterated 08.10.26on TipRanks 08:50 +0.6%next day −1.3% · 5 days −14.2%
John Todaro★★★★★★★★★★#53 · hits 60% · avg +58.9% Needham $83.00 → $70.00−15.7% Buy +287.8% Reiterated 08.10.26on TipRanks 07:25 +0.6%next day −1.3% · 5 days −14.2%
George Sutton★★★★★★★★★★#203 · hits 52% · avg +29.3% Craig-Hallum — Buy — Reiterated 25.09.26on TipRanks Sep 28 06:30 −3.5%next day −5.8% · 5 days −3.1%
Ryan Gravett★★★★★★★★★★#5801 · hits 64% · avg +8.3% UBS $38.00 Buy +110.5% Initiated 23.09.26on TipRanks 07:40 −3.9%next day −0.5% · 5 days −9.8%
Alexander Haissl★★★★★★★★★★#4710 · hits 45% · avg +5.3% Rothschild & Co Redburn $22.00 Hold +21.9% Initiated 21.09.26on TipRanks 05:30 −1.3%next day +1.3% · 5 days −12.0%
Nick Giles★★★★★★★★★★#450 · hits 51% · avg +32.1% B. Riley Securities $75.00 Buy +315.5% Reiterated 21.08.26on TipRanks 09:11 −5.4%next day −0.9% · 5 days −7.3%
Michael Grondahl★★★★★★★★★★#478 · hits 47% · avg +20.8% Northland Securities $82.00 Buy +354.3% Reiterated 20.08.26on TipRanks 10:16 +2.3%next day −5.4% · 5 days −5.3%
Robert Brown★★★★★★★★★★#117 · hits 55% · avg +47.9% Lake Street $70.00 → $90.00+28.6% Buy +398.6% Reiterated 09.06.26on TipRanks 08:55 +2.6%next day −5.6% · 5 days +8.6%
Michael Donovan★★★★★★★★★★#5002 · hits 56% · avg +9.3% Compass Point $70.00 Buy +287.8% Reiterated 22.05.26on TipRanks Aug 6 05:35 −4.9%next day −2.3% · 5 days +2.8%
Gregory P Miller★★★★★★★★★★#1625 · hits 51% · avg +10.7% Citizens JMP $40.00 → $60.00+50.0% Buy +232.4% Reiterated 21.05.26on TipRanks 05:50 +21.3%next day −4.9% · 5 days −3.4%
Unknown Analyst J.P. Morgan — Buy — Reiterated 09.04.26on TipRanks Apr 10 12:25 −8.6%next day +2.8% · 5 days +14.5%
Kevin Dede★★★★★★★★★★#10617 · hits 33% · avg −1.0% H.C. Wainwright $40.00 Buy +121.6% Reiterated 09.04.26on TipRanks 09:45 −8.6%next day +2.8% · 5 days +14.5%
Derrick Whitfield★★★★★★★★★★#11273 · hits 45% · avg −2.2% Texas Capital Securities $42.00 Buy +132.7% Initiated 20.01.26on TipRanks 16:25 −2.3%next day −1.4% · 5 days +13.3%
Andrew Beale★★★★★★★★★★#4268 · hits 27% · avg +21.4% Arete Research $99.00 Buy +448.5% Initiated 07.01.26on TipRanks 10:07 −2.0%next day +8.1% · 5 days +22.0%
Unknown Analyst Freedom Capital Markets $36.00 Buy +99.4% Initiated 06.01.26on TipRanks 16:50 −2.0%next day +8.1% · 5 days +22.0%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Applied Digital Corporation

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Kevin Dede★★★★★★★★★★H.C. Wainwright · #10617
Hits 33%162 of 493 Average return −1.0%
1 year Kevin Dede★★★★★★★★★★H.C. Wainwright · #10617
Hits 33%162 of 493 Average return −1.0%
2 years Kevin Dede★★★★★★★★★★H.C. Wainwright · #10617
Hits 33%162 of 493 Average return −1.0%

Most profitable

3 months Kevin Dede★★★★★★★★★★H.C. Wainwright · #10617
Hits 33%162 of 493 Average return −1.0%
1 year Kevin Dede★★★★★★★★★★H.C. Wainwright · #10617
Hits 33%162 of 493 Average return −1.0%
2 years Kevin Dede★★★★★★★★★★H.C. Wainwright · #10617
Hits 33%162 of 493 Average return −1.0%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 08.10.26: target $58.21 at a price of $23.81 (+144.5%); now: $58.25 at $18.05 (+222.7%).

$20.00$40.00$60.00Sep 15Oct 1Oct 15Top analysts$67.67Average target$58.25Price$18.05

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

01020617Oct 25618Nov816Dec617Jan 26516Feb316Mar89Apr915May1415Jun11121Jul1532Aug1043Sep923Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy9141115109
Buy151512342
Hold001233
Sell000000

Earnings and sales forecast

Next report: 12.01.27 (Q2 2027, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $-0.29 (from $-0.51 to $-0.17). Last quarter: $-0.82.

Sales

Next quarter’s sales estimate — $159M (from $119M to $196M). Last quarter: $342M.

Best top-analyst consensus in the sector · Technology

TSMTSMC
ANETArista Networks
UCTTUltra Clean HoldingsStrong Buy
ONTOOnto Innovation
CLSnot in our ETFs
About Applied Digital Corporation
  • CEO: Wes Cummins
  • Employees: 256
  • 3811 Turtle Creek Boulevard, Dallas, TX, 75219, US
  • applieddigital.com

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation has an lease agreement with CoreWeave for an additional 150MW at its Polaris Forge 1 Campus in Ellendale, North Dakota. Applied Digital Corporation is based in Dallas, Texas.

Data from the stock’s TipRanks forecast page, read 80 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗