
Applied Digital (APLD) Stock
Digital data center operator for enterprise and blockchain clients. Here's the price, business snapshot, and what's worth knowing about Applied Digital in September 2026.
Applied Digital Corporation (APLD) develops and operates hyperscale digital infrastructure and data-centre campuses, providing colocation, hosting and managed services for high-performance computing, enterprise workloads and blockchain-related customers. The business model relies on leasing capacity, long-term hosting contracts and value-added services; revenue and margins are sensitive to utilisation rates, pricing and energy costs. APLD’s growth strategy is capital intensive and may require substantial investment and time to bring new capacity online. The company has had notable exposure to crypto-related clients, which can amplify revenue volatility. Key risks include energy-price swings, regulatory changes, competitive pressure and technology cycles that may affect demand. With a market capitalisation around $9.1bn, APLD may interest investors seeking infrastructure exposure to computing demand, but it can be cyclical and volatile. This is general educational information and not personalised advice; suitability depends on individual risk tolerance and investment goals.
Applied Digital (APLD) Stock Forecast
Analyst price target, next 12 months
$49.24
+75.7% vs today's $28.02
Price range over the last 12 months
In the middle of its 12-month range
Analysts covering Applied Digital have a consensus 12-month target of $49.24, above the current price of $28.02.
Analyst targets are opinions, not guarantees. Capital at risk. Data as of 24 Sep 2026.
Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.
Sixth Month Growth Performance
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Applied Digital Corp's stock with a target price of $49.24, indicating strong potential for growth.
Financial Health
Applied Digital Corp shows solid revenue and cash flow, indicating strong operational performance.
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Why You’ll Want to Watch This Stock
Infrastructure growth
Demand for cloud, HPC and specialised hosting can lift utilisation and revenues, though sector cycles and competition may cause variability.
Energy efficiency focus
Custom power and cooling design can reduce unit costs and improve margins, but energy price swings and regulation are meaningful risks.
Crypto & HPC exposure
Exposure to blockchain and high-performance computing offers upside in demand spikes, balanced by volatility and potential regulatory changes.
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