
APLD Stock Forecast & Price Target
APLD Analyst Ratings
Bulls say
Applied Digital Corp demonstrates a positive outlook due to its ability to outpace supply-side estimates through facility expansion, supported by improved labor conditions and reduced supply constraints. The company's focus on the High-Performance Computing (HPC) sector, which is characterized by attractive valuation multiples, positions it well as it works towards completing its 100MW build-out and plans for an additional 300MW. Furthermore, the ongoing developments with hyperscaler customers signify potential for significant future leasing agreements, enhancing Applied Digital's growth trajectory towards its 2GW target in 2026 and 2027.
Bears say
Applied Digital Corp faces multiple challenges that contribute to a negative outlook on its stock. First, a delay in recognizing High-Performance Computing (HPC) revenue, pushed back by two quarters, indicates potential operational inefficiencies and impacts future revenue projections. Second, macroeconomic headwinds, supply chain issues, and increased competition from proprietary miners present significant risks, particularly as the upcoming bitcoin halving may further squeeze margins for its cryptocurrency mining customers, undermining contract value and revenue stability.
This aggregate rating is based on analysts' research of Applied Digital Corporation and is not a guaranteed prediction by Public.com or investment advice.
APLD Analyst Forecast & Price Prediction
Start investing in APLD
Order type
Buy in
Order amount
Est. shares
0 shares