
APLD Stock Forecast & Price Target
APLD Analyst Ratings
Bulls say
Applied Digital Corp is demonstrating strong financial growth, evidenced by a 39% increase in High-Performance Computing (HPC) revenues, which rose to $763 million compared to previous estimates of $547 million. The company's total revenue for the first quarter of FY26 reached $64.2 million, a substantial increase from $34.8 million recorded in the previous quarter, highlighting its robust operational momentum. Furthermore, the potential for full utilization of its power facilities, along with ongoing facility expansions driven by easing labor conditions, positions Applied Digital favorably for substantial revenue growth in the coming years, potentially reaching $250 billion annually between 2028 and 2030.
Bears say
Applied Digital Corp is facing several fundamental challenges that contribute to a negative outlook on its stock. The company reported gross margins of 13%, significantly below estimates of 19%, primarily due to heightened fit-out costs, which raises concerns about profitability. Additionally, macroeconomic headwinds, supply chain delays, and increased competition in the crypto mining hosting space are likely to impact future revenue and contract stability, particularly with anticipated risks surrounding the upcoming bitcoin halving in Q2 2024.
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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