FY2025 EPS Forecast for Applied Digital Increased by Analyst

Applied Digital Corporation (NASDAQ:APLD) – Equities researchers at Northland Capmk upped their FY2025 earnings per share estimates for shares of Applied Digital in a research report issued to clients and investors on Tuesday, July 15th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of ($1.05) for the year, up from their previous estimate of ($1.07). 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 ($0.14) EPS.

Several other research analysts have also issued reports on the company. Cantor Fitzgerald reduced their price target on Applied Digital from $14.00 to $7.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 15th. Compass Point restated a “neutral” rating and issued a $13.00 price target (up from $10.00) on shares of Applied Digital in a research report on Monday, June 9th. Craig Hallum raised their price target on Applied Digital from $10.00 to $12.00 and gave the stock a “buy” rating in a research report on Tuesday, June 3rd. B. Riley raised their price target on Applied Digital from $8.00 to $15.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Finally, Citigroup restated an “outperform” rating on shares of Applied Digital in a research report on Tuesday, June 3rd. One analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $12.73.

Applied Digital Stock Up 8.4%

NASDAQ APLD opened at $10.91 on Thursday. Applied Digital has a 52 week low of $3.01 and a 52 week high of $15.42. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.70 and a current ratio of 0.70. The stock has a market capitalization of $2.46 billion, a P/E ratio of -7.96 and a beta of 6.04. The stock has a fifty day moving average of $9.42 and a 200-day moving average of $7.80.

Applied Digital (NASDAQ:APLD) last released its earnings results on Monday, April 14th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.05). The firm had revenue of $52.92 million during the quarter, compared to analyst estimates of $62.91 million. Applied Digital had a negative net margin of 109.99% and a negative return on equity of 77.49%. During the same period last year, the business posted ($0.24) earnings per share.

Institutional Trading of Applied Digital

Institutional investors have recently modified their holdings of the company. PNC Financial Services Group Inc. bought a new stake in shares of Applied Digital in the first quarter valued at about $28,000. US Bancorp DE bought a new stake in shares of Applied Digital in the fourth quarter valued at about $37,000. Geneos Wealth Management Inc. lifted its holdings in shares of Applied Digital by 113.3% in the first quarter. Geneos Wealth Management Inc. now owns 6,667 shares of the company’s stock valued at $37,000 after purchasing an additional 3,542 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in shares of Applied Digital in the fourth quarter valued at about $39,000. Finally, CWM LLC lifted its holdings in shares of Applied Digital by 116.5% in the first quarter. CWM LLC now owns 9,506 shares of the company’s stock valued at $53,000 after purchasing an additional 5,116 shares in the last quarter. 65.67% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Rachel H. Lee sold 24,212 shares of the business’s stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $7.00, for a total value of $169,484.00. Following the sale, the director directly owned 83,613 shares in the company, valued at $585,291. The trade was a 22.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 11.81% 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.