FY2025 EPS Estimates for Applied Digital Reduced by Analyst

Applied Digital Co. (NASDAQ:APLD) – Research analysts at Northland Capmk cut their FY2025 EPS estimates for shares of Applied Digital in a research report issued to clients and investors on Tuesday, April 15th. Northland Capmk analyst M. Grondahl now forecasts that the company will post earnings per share of ($1.07) for the year, down from their prior forecast of ($1.00). 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 ($0.16) EPS.

Applied Digital (NASDAQ:APLD) last posted its quarterly earnings data on Monday, April 14th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.05). The company had revenue of $52.92 million for the quarter, compared to analyst estimates of $62.91 million. Applied Digital had a negative return on equity of 117.67% and a negative net margin of 127.86%. During the same quarter in the previous year, the firm posted ($0.24) earnings per share.

Several other research analysts have also recently issued reports on APLD. Needham & Company LLC reduced their price objective on Applied Digital from $11.00 to $10.00 and set a “buy” rating for the company in a research note on Tuesday. Northland Securities raised their price target on shares of Applied Digital from $12.00 to $20.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 4th. Cantor Fitzgerald dropped their price objective on shares of Applied Digital from $14.00 to $7.00 and set an “overweight” rating on the stock in a report on Tuesday. HC Wainwright cut their price objective on shares of Applied Digital from $12.00 to $7.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Compass Point started coverage on shares of Applied Digital in a report on Tuesday, January 28th. They issued a “buy” rating and a $10.00 price target on the stock. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Applied Digital has a consensus rating of “Buy” and an average price target of $10.67.

Applied Digital Stock Performance

Shares of APLD stock opened at $3.94 on Friday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.77 and a quick ratio of 0.77. The business has a fifty day moving average of $6.78 and a 200 day moving average of $7.78. The firm has a market capitalization of $878.24 million, a price-to-earnings ratio of -2.28 and a beta of 5.18. Applied Digital has a 1 year low of $2.36 and a 1 year high of $12.48.

Hedge Funds Weigh In On Applied Digital

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in Applied Digital by 39.1% during the fourth quarter. Vanguard Group Inc. now owns 12,760,035 shares of the company’s stock worth $97,487,000 after purchasing an additional 3,587,619 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Applied Digital by 113.8% during the 4th quarter. Van ECK Associates Corp now owns 4,404,313 shares of the company’s stock valued at $33,649,000 after buying an additional 2,344,572 shares in the last quarter. Tidal Investments LLC grew its stake in Applied Digital by 14,635.7% in the 4th quarter. Tidal Investments LLC now owns 1,697,850 shares of the company’s stock valued at $12,972,000 after acquiring an additional 1,686,328 shares during the period. American Century Companies Inc. purchased a new stake in Applied Digital in the 4th quarter worth $12,843,000. Finally, Geode Capital Management LLC raised its position in Applied Digital by 54.4% during the fourth quarter. Geode Capital Management LLC now owns 4,726,495 shares of the company’s stock worth $36,117,000 after acquiring an additional 1,665,335 shares during the period. Hedge funds and other institutional investors own 65.67% of the company’s stock.

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.