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Upturn AI SWOT - About
APLD 
Applied Digital Corporation (APLD)
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Upturn Advisory Summary
09/12/2025: APLD (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
9 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $20
1 Year Target Price $20
| 5 | Strong Buy |
| 3 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -4.77% | Avg. Invested days 22 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/12/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.89B USD | Price to earnings Ratio - | 1Y Target Price 20 |
Price to earnings Ratio - | 1Y Target Price 20 | ||
Volume (30-day avg) 9 | Beta 6.46 | 52 Weeks Range 3.31 - 18.71 | Updated Date 09/14/2025 |
52 Weeks Range 3.31 - 18.71 | Updated Date 09/14/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.8 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -160.25% | Operating Margin (TTM) -53.48% |
Management Effectiveness
Return on Assets (TTM) -1.91% | Return on Equity (TTM) -41.75% |
Valuation
Trailing PE - | Forward PE 526.32 | Enterprise Value 5692159679 | Price to Sales(TTM) 33.95 |
Enterprise Value 5692159679 | Price to Sales(TTM) 33.95 | ||
Enterprise Value to Revenue 39.48 | Enterprise Value to EBITDA -7.43 | Shares Outstanding 262034000 | Shares Floating 217728304 |
Shares Outstanding 262034000 | Shares Floating 217728304 | ||
Percent Insiders 19.2 | Percent Institutions 59.79 |
Upturn AI SWOT
Applied Digital Corporation
Company Overview
History and Background
Applied Digital Corporation, formerly Applied Science Products, Inc., was founded in 2001. It has evolved from providing equipment and services for the oil and gas industry to focusing on high-performance computing infrastructure for energy-intensive applications, including data centers and cryptocurrency mining. It's faced numerous strategic shifts and rebranding efforts to adapt to market trends.
Core Business Areas
- High-Performance Computing (HPC) Infrastructure: Designs, develops, and operates data centers primarily for cryptocurrency mining and AI applications. Provides hosting services, power, and cooling infrastructure.
Leadership and Structure
Wes Cummins serves as Chairman and CEO. The company has a typical corporate structure with departments for engineering, operations, sales, and finance.
Top Products and Market Share
Key Offerings
- Data Centers for Cryptocurrency Mining: Offers hosting solutions for cryptocurrency miners, providing power, cooling, and security. Market share data is difficult to pinpoint precisely, as it varies by region and type of mining operation. Competitors include Core Scientific (CORZ) and Marathon Digital Holdings (MARA). Revenue generation is highly dependent on cryptocurrency prices.
- Data Centers for High-Performance Computing: Provides infrastructure for HPC applications beyond cryptocurrency, including artificial intelligence and machine learning. Market share data is similarly variable. Competitors include various AWS, Azure and Google Cloud. Revenue generation is expected to grow in this sector.
Market Dynamics
Industry Overview
The high-performance computing infrastructure market is experiencing rapid growth, driven by demand for AI, cryptocurrency, and other data-intensive applications. The industry is competitive, with established players and new entrants.
Positioning
Applied Digital Corporation positions itself as a provider of specialized HPC infrastructure, catering to specific needs like cryptocurrency mining and AI. Its competitive advantages lie in low-cost power and efficient data center design.
Total Addressable Market (TAM)
The global data center market is estimated to reach hundreds of billions of USD. Applied Digital Corporation is positioned to capture a portion of this market, particularly within the niche of specialized HPC infrastructure.
Upturn SWOT Analysis
Strengths
- Low-cost power sources
- Efficient data center design
- Focus on specialized HPC applications
- Experienced leadership team
Weaknesses
- High dependence on cryptocurrency market fluctuations
- Limited diversification of revenue streams
- Relatively small size compared to major competitors
- History of strategic shifts
Opportunities
- Growing demand for AI infrastructure
- Expansion into new geographic markets
- Partnerships with technology providers
- Diversification into other HPC applications
Threats
- Cryptocurrency market volatility
- Increased competition from larger players
- Changes in regulations related to cryptocurrency mining
- Power grid instability
Competitors and Market Share
Key Competitors
- CORZ
- MARA
- BTC.TO
- HIVE
Competitive Landscape
Applied Digital Corporation faces intense competition from larger, more established players. Its advantages include low-cost power and a focus on specialized HPC applications. However, its smaller size and dependence on cryptocurrency make it vulnerable to market fluctuations.
Major Acquisitions
Compass Mining
- Year: 2022
- Acquisition Price (USD millions): 0
- Strategic Rationale: Applied Digital cancelled the contract with Compass Mining as Compass Mining failed to pay for its services. Not an acquisition
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been inconsistent due to strategic shifts and market volatility.
Future Projections: Analyst estimates vary widely due to the uncertainty surrounding the cryptocurrency market and the company's future strategy.
Recent Initiatives: Recent initiatives include expansion of data center capacity and diversification into AI infrastructure.
Summary
Applied Digital Corporation is a high-risk, high-reward investment due to its exposure to the volatile cryptocurrency market. Its strengths lie in low-cost power and efficient data center design, while its weaknesses include a dependence on cryptocurrency and limited diversification. Future growth depends on its ability to capitalize on the growing demand for AI infrastructure and manage market risks. Investors should carefully consider their risk tolerance before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investors should conduct their own due diligence before making any investment decisions. Market share data are estimates based on available information and may not be precise.
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.
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