Applied Digital (APLD) Projected to Post Earnings on Monday

Applied Digital (NASDAQ:APLD) will likely be releasing its Q4 2026 results after the market closes on Monday, July 27th. Analysts expect the company to post earnings of ($0.20) per share and revenue of $96.8530 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q4 2026 earning report for the latest details on the call scheduled for Monday, July 27, 2026 at 5:00 PM ET.

Applied Digital Trading Down 9.0%

NASDAQ:APLD opened at $27.19 on Friday. The stock’s 50 day moving average price is $38.80 and its 200 day moving average price is $34.54. Applied Digital has a 52 week low of $9.79 and a 52 week high of $50.72. The company has a market capitalization of $7.77 billion, a P/E ratio of -36.74 and a beta of 5.67. The company has a debt-to-equity ratio of 1.65, a quick ratio of 2.38 and a current ratio of 2.38.

Insider Activity at Applied Digital

In other news, Director Douglas S. Miller sold 10,000 shares of Applied Digital stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $34.98, for a total value of $349,800.00. Following the transaction, the director owned 184,859 shares of the company’s stock, valued at $6,466,367.82. This trade represents a 5.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard N. Nottenburg sold 12,500 shares of Applied Digital stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $34.59, for a total transaction of $432,375.00. Following the completion of the transaction, the director directly owned 208,378 shares in the company, valued at approximately $7,207,795.02. This represents a 5.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 35,000 shares of company stock valued at $1,182,175. Corporate insiders own 9.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. McMillan Office Inc. acquired a new position in Applied Digital during the 4th quarter worth $25,000. Ameriflex Group Inc. bought a new stake in Applied Digital during the fourth quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Applied Digital in the second quarter valued at about $26,000. Larson Financial Group LLC grew its position in shares of Applied Digital by 56,450.0% in the third quarter. Larson Financial Group LLC now owns 1,131 shares of the company’s stock valued at $26,000 after purchasing an additional 1,129 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. bought a new position in shares of Applied Digital in the fourth quarter worth about $27,000. 65.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Wall Street Zen downgraded shares of Applied Digital from a “hold” rating to a “sell” rating in a research report on Saturday, April 11th. Lucid Cap Mkts upgraded shares of Applied Digital to a “strong-buy” rating in a report on Wednesday, May 27th. B. Riley Financial reaffirmed a “buy” rating and issued a $66.00 price objective (up from $53.00) on shares of Applied Digital in a research note on Wednesday, May 27th. Lake Street Capital upped their price objective on shares of Applied Digital from $70.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Finally, Citigroup reiterated a “market outperform” rating on shares of Applied Digital in a report on Tuesday, June 9th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $67.15.

Key Applied Digital News

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

• Positive Sentiment: Several recent articles highlight Applied Digital’s growing appeal as an AI infrastructure play, with analysts pointing to long-term, contracted revenue from its data center assets and saying the stock could have substantial upside heading into earnings. Applied Digital Could Have 155% Upside Ahead of July 27 Q2 Earnings
• Positive Sentiment: Morgan Stanley’s broader view that bitcoin miners and adjacent companies with large, grid-connected power assets could benefit from surging AI data center demand may also support sentiment around Applied Digital’s asset base. Morgan Stanley sees AI data center pivot unlocking upside for bitcoin miners
• Neutral Sentiment: Investors are waiting for Applied Digital’s Q4 earnings, with previews suggesting the company may show strong AI infrastructure growth, but results could be mixed if profitability remains weak. Applied Digital Q4 2026 earnings preview: mixed results anticipated
• Neutral Sentiment: Applied Digital also appeared in a short-interest update showing no reported short interest, which does not provide a meaningful bearish signal but does indicate limited recent short positioning data.
• Negative Sentiment: Some coverage is cautioning that Applied Digital remains a cash-burning stock and that its valuation looks expensive after a strong multi-year run, which could weigh on the shares if earnings do not strongly confirm the growth story. 3 Cash-Burning Stocks We Approach with Caution
• Negative Sentiment: Another article said Applied Digital looks expensive based on value checks after its huge five-year gain, suggesting investors may be demanding more evidence of earnings power before bidding the stock higher. Applied Digital (APLD) Stock Looks Expensive After A 314% Return And Weak Value Checks

About Applied Digital

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.