Applied Digital Corporation (NASDAQ:APLD) Given Average Recommendation of “Buy” by Analysts

Shares of Applied Digital Corporation (NASDAQ:APLD) have received an average rating of “Buy” from the fifteen brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, twelve have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $37.00.

A number of brokerages have weighed in on APLD. Texas Capital raised Applied Digital to a “strong-buy” rating in a research note on Tuesday, January 20th. Lake Street Capital reiterated a “buy” rating and issued a $45.00 target price on shares of Applied Digital in a research note on Tuesday, December 30th. Freedom Capital upgraded Applied Digital to a “strong-buy” rating in a research report on Tuesday, January 6th. Citigroup reissued an “outperform” rating on shares of Applied Digital in a research note on Wednesday, January 28th. Finally, B. Riley Financial upped their price objective on shares of Applied Digital to $53.00 and gave the company a “buy” rating in a research note on Friday, January 9th.

Insider Activity at Applied Digital

In other Applied Digital news, CEO Wes Cummins sold 165,000 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $36.42, for a total transaction of $6,009,300.00. Following the transaction, the chief executive officer owned 4,176,329 shares of the company’s stock, valued at $152,101,902.18. This trade represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Chuck Hastings sold 45,987 shares of Applied Digital stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $38.57, for a total transaction of $1,773,718.59. Following the completion of the transaction, the director owned 388,372 shares in the company, valued at approximately $14,979,508.04. This trade represents a 10.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 244,593 shares of company stock worth $9,003,278. 9.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp acquired a new position in shares of Applied Digital in the 2nd quarter valued at about $25,000. Noble Wealth Management PBC acquired a new stake in Applied Digital during the 4th quarter worth approximately $25,000. Albion Financial Group UT purchased a new position in Applied Digital in the fourth quarter valued at approximately $25,000. Activest Wealth Management acquired a new position in Applied Digital during the fourth quarter valued at approximately $25,000. Finally, Ameriflex Group Inc. purchased a new stake in Applied Digital during the fourth quarter worth approximately $25,000. Institutional investors and hedge funds own 65.67% of the company’s stock.

Applied Digital News Summary

Here are the key news stories impacting Applied Digital this week:

• Positive Sentiment: Broader AI spending trends remain a potential tailwind for Applied Digital’s neocloud/data‑center business — analysts expect large increases in AI infrastructure budgets in 2026 that could support long‑term demand for specialized cloud capacity. AI Spending Is Poised to Hit $700 Billion in 2026
• Neutral Sentiment: Short‑interest reports show anomalous/zero values and a 0.0 days-to-cover reading (likely a data/reporting glitch), so there’s no clear evidence of a rising coordinated short position driving the move. Monitor later filings for a reliable signal.
• Neutral Sentiment: Commentary about volatility and “volatile stocks” highlights that APLD’s high beta makes it prone to sharp swings — this is a reminder that both downside and upside moves can be amplified regardless of fundamentals. 3 Volatile Stocks That Fall Short
• Negative Sentiment: NVIDIA sold its Applied Digital position in its Q4 13F filing and publicly exited an ARM stake — the sale of APLD was highlighted by multiple outlets and is being read as reduced institutional confidence relative to NVIDIA’s continued holdings in other neocloud peers. That 13F disclosure triggered selling pressure and negative sentiment around APLD. NVIDIA’s 13F Bombshell: A New AI Power Trio Emerges
• Negative Sentiment: Market articles reporting that APLD dropped after NVIDIA’s disposal amplified the move; news pieces cited a multi‑day losing streak and direct links between NVIDIA’s divestiture and APLD’s decline. Applied Digital (APLD) Loses 4.9% as Nvidia Disposes of Shares MSN: Applied Digital loses 4.9%

Applied Digital Stock Down 7.9%

Shares of NASDAQ APLD opened at $29.04 on Friday. The firm has a market cap of $8.12 billion, a P/E ratio of -53.78 and a beta of 7.25. The company has a debt-to-equity ratio of 1.79, a quick ratio of 4.82 and a current ratio of 4.82. Applied Digital has a 1 year low of $3.31 and a 1 year high of $42.27. The firm’s 50 day moving average price is $32.01 and its 200 day moving average price is $27.02.

Applied Digital Company Profile

Applied Digital (NASDAQ: APLD) is a technology company specializing in the development and operation of large-scale digital infrastructure and sustainable Bitcoin mining solutions. Through its integrated platform, the company designs, builds and manages turnkey data center facilities while also providing comprehensive hosting services for cloud, colocation and enterprise computing needs. Applied Digital’s modular approach to facility design enables rapid deployment of capacity and streamlined integration of power, cooling and network connectivity.

In addition to its data center business, Applied Digital operates a network of Bitcoin mining sites that leverage vertically integrated capabilities, including hardware procurement, mining farm engineering, energy management and real-time performance monitoring.