
APLD Stock Forecast & Price Target
APLD Analyst Ratings
Bulls say
Applied Digital Corp has demonstrated substantial revenue growth, reporting a 39% increase in HPC revenues, amounting to $763 million compared to previous estimates of $547 million. The company’s total revenue for 1QFY26 reached $64.2 million, a significant increase from $34.8 million in the previous quarter, highlighting its successful execution of strategy in high-performance computing and data center hosting. Additionally, with anticipated capacity expansions and a robust development pipeline aimed at achieving over 4GW, Applied Digital is well-positioned for significant revenue generation in the coming years, potentially reaching $250 billion by 2028-2030.
Bears say
Applied Digital Corp's gross margins significantly missed estimates at 13%, compared to the expected 19%, primarily due to elevated fit-out costs. The company faces multiple risks, including macroeconomic headwinds, supply chain delays, and competitive pressures from proprietary miners, which could adversely impact its primary revenue sources from data center hosting and HPC services. Furthermore, operational challenges, such as difficulties in delivering services for CoreWeave, raise concerns about future contract viability and overall demand for Applied Digital's offerings.
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
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