APLD
Applied Digital Corporation
NASDAQ: APLD · TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES
$19.41
-4.81% today
Updated 2026-10-29
Market cap
$5.46B
P/E ratio
—
P/S ratio
6.26x
EPS (TTM)
$-0.91
Dividend yield
—
52W range
$18 – $51
Volume
20.7M
WallStSmart proprietary scores
41
out of 100
Grade: D
Sell
Investment rating
8.0
Growth
A4.5
Quality
C2.0
Profitability
F5.7
Valuation
C+4/9
Piotroski F-Score
Moderate
0.7
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →271 stocks currently score above 75
Price targets
Analyst target
$51.33
+164.45%
12-Month target
—
—
Intrinsic (DCF)
$24.58
Margin of safety
+27.46%
2 Strong Buy11 Buy2 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Revenue growth 322.40% QoQ
+ 27.46% below intrinsic value
Risks
- Altman Z 0.70 — distress zone
- Thin margins at -53.00%
- Negative free cash flow $-2.01B
- Debt/equity 3.63x — high leverage
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2023 | 2024 | 2025 | 2026 | TTM | 2027 (E) |
|---|---|---|---|---|---|---|
| Revenue | $55.39M | $136.62M | $228.57M | $611.31M | $872.25M | $1245.0B |
| Net income | $-45.61M | $-149.27M | $-231.06M | $-244.00M | $-235.54M | — |
| EPS | — | — | — | — | $-0.91 | $0.12 |
| Free cash flow | $-72.54M | $-128.01M | $-797.00M | $-2.78B | $-2.01B | — |
| Profit margin | -82.33% | -109.26% | -101.09% | -39.91% | -53.00% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-09-12 | ZHANG, JASON GECHEN | Sale | 49,188 | $26.42 |
| 2026-08-04 | NOTTENBURG, RICHARD N | Sale | 75,000 | $31.15 |
| 2026-08-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Buy | 13,408 | — |
Peer comparison
Smart narrative
Applied Digital Corporation trades at $19.41. Our Smart Value Score of 41/100 indicates the stock is fair. The company scores 4/9 on the Piotroski F-Score. With an Altman Z-Score of 0.70, it sits in the distress. TTM revenue stands at $872.25M. with profit margins at -53.00%. Our DCF model estimates intrinsic value at $24.58.
Frequently asked questions
What is Applied Digital Corporation's stock price?
Applied Digital Corporation (APLD) trades at $19.41, on a P/S of 6.3x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Applied Digital Corporation overvalued?
Applied Digital Corporation carries a Smart Value Score of 41/100 (Grade D), which we rate Sell. That score blends growth, quality, and valuation into one read. Our DCF puts intrinsic value at $24.58 versus the $19.41 price, a 27.5% margin of safety on a cash flow basis.
What is the price target of Applied Digital Corporation (APLD)?
The 12-month analyst consensus target is $51.33, about 164.5% above the current $19.41. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of APLD by 2030?
Our research-backed model puts the 2030 base case at $200.87, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is the intrinsic value of Applied Digital Corporation (APLD)?
Our DCF model estimates intrinsic value at $24.58, a +27.5% margin of safety versus today's $19.41. Intrinsic value is what the projected cash flows are worth today. A positive reading means the price sits below that estimate, leaving a cushion if growth holds.
What is Applied Digital Corporation's revenue?
Applied Digital Corporation's trailing twelve-month revenue is $872.25M, and our model projects it reaching about $3.38T by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Applied Digital Corporation's Altman Z-Score is 0.70, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorTECHNOLOGY
IndustryINFORMATION TECHNOLOGY SERVICES
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio6.26x
ROE-11.78%
Beta6.00
50D MA$26.17
200D MA$31.99
Shares out0.30B
Float0.26B
Short ratio—
Avg volume20.7M
Performance
1 week-9.89%
1 month-7.00%
3 months+63.25%
YTD+71.21%
1 year—
3 years—
5 years—