Analysts Set Expectations for Applied Digital Co.’s Q1 2026 Earnings (NASDAQ:APLD)

Applied Digital Co. (NASDAQ:APLD) – Equities research analysts at Roth Capital issued their Q1 2026 earnings estimates for shares of Applied Digital in a research note issued on Thursday, August 29th. Roth Capital analyst D. Aftahi expects that the company will earn ($0.34) per share for the quarter. The consensus estimate for Applied Digital’s current full-year earnings is ($0.98) per share. Roth Capital also issued estimates for Applied Digital’s Q2 2026 earnings at ($0.30) EPS, Q3 2026 earnings at ($0.34) EPS and Q4 2026 earnings at ($0.32) EPS.

APLD has been the topic of a number of other research reports. B. Riley increased their target price on Applied Digital from $6.00 to $8.00 and gave the company a “buy” rating in a report on Friday, June 28th. Needham & Company LLC restated a “buy” rating and issued a $11.00 target price on shares of Applied Digital in a report on Thursday. Roth Mkm cut their price objective on shares of Applied Digital from $11.00 to $10.00 and set a “buy” rating for the company in a research report on Thursday. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $5.00 target price on shares of Applied Digital in a research note on Thursday. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, Applied Digital has an average rating of “Buy” and a consensus price target of $8.20.

Applied Digital Stock Down 13.4 %

Shares of NASDAQ APLD opened at $3.82 on Friday. The firm’s 50-day moving average is $5.11 and its two-hundred day moving average is $4.36. The company has a market capitalization of $524.14 million, a PE ratio of -4.84 and a beta of 4.56. Applied Digital has a 12-month low of $2.36 and a 12-month high of $8.65. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.30 and a quick ratio of 0.30.

Institutional Trading of Applied Digital

Several institutional investors have recently made changes to their positions in the stock. Capital Research Global Investors raised its holdings in Applied Digital by 427.2% in the fourth quarter. Capital Research Global Investors now owns 7,337,288 shares of the company’s stock valued at $49,453,000 after buying an additional 5,945,559 shares during the period. Vanguard Group Inc. raised its stake in shares of Applied Digital by 70.2% in the 1st quarter. Vanguard Group Inc. now owns 6,176,073 shares of the company’s stock valued at $26,434,000 after acquiring an additional 2,547,485 shares during the period. Van ECK Associates Corp lifted its holdings in shares of Applied Digital by 92.1% during the 1st quarter. Van ECK Associates Corp now owns 2,426,281 shares of the company’s stock valued at $10,384,000 after acquiring an additional 1,163,247 shares in the last quarter. Oasis Management Co Ltd. boosted its position in Applied Digital by 23.6% during the 4th quarter. Oasis Management Co Ltd. now owns 4,928,129 shares of the company’s stock worth $33,216,000 after purchasing an additional 940,075 shares during the period. Finally, Hood River Capital Management LLC increased its holdings in Applied Digital by 8.7% in the 2nd quarter. Hood River Capital Management LLC now owns 9,596,231 shares of the company’s stock valued at $57,098,000 after purchasing an additional 771,699 shares in the last quarter. 65.67% of the stock is owned by hedge funds and other institutional investors.

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.