
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About


Applied Digital Corporation (APLD)


- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)

(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/15/2025: APLD (5-star) is a STRONG-BUY. BUY since 25 days. Simulated Profits (119.79%). Updated daily EoD!
1 Year Target Price $40.3
1 Year Target Price $40.3
5 | Strong Buy |
3 | Buy |
1 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 92.49% | Avg. Invested days 24 | Today’s Advisory Regular Buy |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() | ![]() |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 10.25B USD | Price to earnings Ratio - | 1Y Target Price 40.3 |
Price to earnings Ratio - | 1Y Target Price 40.3 | ||
Volume (30-day avg) 9 | Beta 6.59 | 52 Weeks Range 3.31 - 40.20 | Updated Date 10/17/2025 |
52 Weeks Range 3.31 - 40.20 | Updated Date 10/17/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.01 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Earnings Date
Report Date 2025-10-07 | When Before Market | Estimate -0.18 | Actual -0.03 |
Profitability
Profit Margin -141.32% | Operating Margin (TTM) -31.99% |
Management Effectiveness
Return on Assets (TTM) -2.32% | Return on Equity (TTM) -28.76% |
Valuation
Trailing PE - | Forward PE 526.32 | Enterprise Value 7926137170 | Price to Sales(TTM) 59.04 |
Enterprise Value 7926137170 | Price to Sales(TTM) 59.04 | ||
Enterprise Value to Revenue 54.97 | Enterprise Value to EBITDA -7.43 | Shares Outstanding 279685875 | Shares Floating 235271758 |
Shares Outstanding 279685875 | Shares Floating 235271758 | ||
Percent Insiders 16.05 | Percent Institutions 56.45 |
Upturn AI SWOT
Applied Digital Corporation

Company Overview
History and Background
Applied Digital Corporation (APLD), formerly known as Applied Blockchain, was founded in 2021. It has transitioned from a blockchain-focused company to one providing data center infrastructure and services to support high-performance computing applications, including artificial intelligence and blockchain.
Core Business Areas
- Data Center Hosting: Provides colocation services for high-performance computing applications, including AI, machine learning, and cryptocurrency mining. Focuses on providing low-cost power and efficient cooling solutions.
Leadership and Structure
Wes Cummins is the Chairman and CEO. The company has a standard corporate structure with various departments including operations, finance, and sales.
Top Products and Market Share
Key Offerings
- Data Center Hosting Services: Offers hosting services tailored for high-performance computing, catering to AI, machine learning, and blockchain applications. Details regarding precise market share are difficult to ascertain due to the fragmented nature of the colocation and high-performance computing market. Competitors include Core Scientific (CORZ) , Compute North, and Northern Data AG.
Market Dynamics
Industry Overview
The high-performance computing market is experiencing rapid growth, driven by demand from AI, machine learning, and other data-intensive applications. The industry is characterized by increasing demand for energy-efficient data centers and specialized cooling solutions.
Positioning
Applied Digital positions itself as a provider of low-cost, high-performance data center solutions specifically designed for demanding applications like AI and blockchain.
Total Addressable Market (TAM)
The TAM for data center infrastructure supporting AI and high-performance computing is estimated to be in the billions of dollars and is expected to grow significantly over the next decade. APLD is well positioned to capture some of the market
Upturn SWOT Analysis
Strengths
- Low-cost power infrastructure
- Specialized cooling technology
- Strategic locations for data centers
- Focus on high-performance computing
Weaknesses
- Relatively new company with a short operating history
- Dependence on a limited number of large customers
- Exposure to cryptocurrency market volatility
Opportunities
- Expansion of data center capacity
- Diversification into new high-performance computing applications
- Strategic partnerships with AI and machine learning companies
- Government initiatives supporting AI development
Threats
- Increased competition from established data center providers
- Fluctuations in energy prices
- Changes in cryptocurrency regulations
- Economic downturn affecting demand for high-performance computing
Competitors and Market Share
Key Competitors
- CORZ
- NXTD
- HIVE
Competitive Landscape
APLD has advantages in low-cost power. Disadvantages include a smaller scale than established competitors. The Market Share Comparison is a rough approximation.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is tied to the development of data centers and the expansion of capacity. Fluctuations occur with current market data.
Future Projections: Future projections depend on data center deployment, AI market conditions, and partnership activities, fluctuating with market data.
Recent Initiatives: Recent initiatives include expanding data center capacity, securing partnerships with AI companies, and focusing on low-cost energy.
Summary
Applied Digital is a relatively new company focused on providing data center solutions for high-performance computing. Its strengths lie in low-cost power and specialized cooling. Challenges include dependence on a few customers and cryptocurrency market volatility. Growth opportunities arise from expanding data center capacity and diversification into new AI applications. APLD is susceptible to increased competition and changes in energy prices.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Third-party Market Research Reports
- Financial News Outlets
- Analyst Reports
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly. Please consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Applied Digital Corporation
Exchange NASDAQ | Headquaters Dallas, TX, United States | ||
IPO Launch date 2002-07-22 | Chairman, CEO, President, Secretary & Treasurer Mr. Wesley Cummins | ||
Sector Technology | Industry Information Technology Services | Full time employees 205 | Website https://applieddigital.com |
Full time employees 205 | Website https://applieddigital.com |
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation has an lease agreement with CoreWeave for an additional 150MW at its Polaris Forge 1 Campus in Ellendale, North Dakota. Applied Digital Corporation is based in Dallas, Texas.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.