Q3 EPS Estimates for Applied Digital Raised by Analyst

Applied Digital Co. (NASDAQ:APLD) – Equities research analysts at Northland Capmk lifted their Q3 2025 earnings per share (EPS) estimates for Applied Digital in a note issued to investors on Wednesday, January 15th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings of ($0.13) per share for the quarter, up from their previous forecast of ($0.16). The consensus estimate for Applied Digital’s current full-year earnings is ($0.40) per share. Northland Capmk also issued estimates for Applied Digital’s Q4 2025 earnings at ($0.13) EPS and FY2025 earnings at ($1.00) EPS.

APLD has been the topic of several other reports. Lake Street Capital boosted their price objective on Applied Digital from $7.00 to $11.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Cantor Fitzgerald lowered their price objective on Applied Digital from $15.00 to $14.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 15th. HC Wainwright boosted their price objective on Applied Digital from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. Needham & Company LLC reiterated a “buy” rating and issued a $11.00 target price on shares of Applied Digital in a research report on Wednesday, January 15th. Finally, Roth Mkm reiterated a “buy” rating and issued a $10.00 target price on shares of Applied Digital in a research report on Thursday, October 10th. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $11.29.

Applied Digital Price Performance

NASDAQ APLD opened at $8.90 on Monday. The business’s fifty day moving average is $8.84 and its 200 day moving average is $7.00. Applied Digital has a fifty-two week low of $2.36 and a fifty-two week high of $11.25. The company has a market capitalization of $1.88 billion, a PE ratio of -7.61 and a beta of 4.78. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.22 and a current ratio of 0.22.

Applied Digital (NASDAQ:APLD) last released its earnings results on Tuesday, January 14th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.08. The company had revenue of $63.87 million for the quarter, compared to the consensus estimate of $62.41 million. Applied Digital had a negative return on equity of 88.87% and a negative net margin of 74.95%. Applied Digital’s quarterly revenue was up 51.3% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.05) earnings per share.

Insider Buying and Selling

In other Applied Digital news, CEO Wes Cummins sold 200,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $9.20, for a total transaction of $1,840,000.00. Following the sale, the chief executive officer now directly owns 3,875,955 shares of the company’s stock, valued at $35,658,786. The trade was a 4.91 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard N. Nottenburg sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $9.20, for a total value of $460,000.00. Following the sale, the director now directly owns 334,317 shares in the company, valued at $3,075,716.40. The trade was a 13.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 269,369 shares of company stock worth $2,445,461. Corporate insiders own 11.81% of the company’s stock.

Institutional Investors Weigh In On Applied Digital

Several large investors have recently added to or reduced their stakes in APLD. Geode Capital Management LLC grew its stake in shares of Applied Digital by 48.7% during the third quarter. Geode Capital Management LLC now owns 3,061,160 shares of the company’s stock valued at $25,258,000 after buying an additional 1,002,862 shares during the last quarter. Hood River Capital Management LLC grew its stake in shares of Applied Digital by 8.7% during the second quarter. Hood River Capital Management LLC now owns 9,596,231 shares of the company’s stock valued at $57,098,000 after buying an additional 771,699 shares during the last quarter. Alight Capital Management LP bought a new position in shares of Applied Digital during the second quarter valued at approximately $3,570,000. Barclays PLC grew its stake in shares of Applied Digital by 736.8% during the third quarter. Barclays PLC now owns 486,577 shares of the company’s stock valued at $4,014,000 after buying an additional 428,428 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its stake in shares of Applied Digital by 66.1% during the second quarter. B. Riley Wealth Advisors Inc. now owns 774,655 shares of the company’s stock valued at $4,609,000 after buying an additional 308,223 shares during the last quarter. 65.67% of the stock is owned by institutional investors.

Applied Digital Company Profile

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.