Applied Digital Corp. — News

APLD's fiscal Q4 revenues jump 407% on HPC growth and tenant fit-out services, even as a wider loss misses estimates. See what fueled the quarter.

zacks.com - 2026-07-28 12:01:12

Applied Digital is scaling contracted AI capacity, securing lower-cost financing and targeting a $1 billion annual NOI run rate within one year.

zacks.com - 2026-07-28 11:37:30

Applied Digital Corp (NASDAQ:APLD) reported fourth-quarter revenue of $258.7 million, up 407% from a year earlier, as the company accelerates its shift into a pure-play AI infrastructure developer. The company posted adjusted earnings of $0.04 per share for the quarter, compared with analyst estimates of a loss of $0.22 per share.

proactiveinvestors.com - 2026-07-28 09:08:05

Applied Digital Corp. (NASDAQ:APLD) shares have been on a wild ride since the AI data center operator posted fiscal fourth-quarter results Monday that blew past Wall Street's expectations.

benzinga.com - 2026-07-28 07:49:38

Applied Digital Corporation (APLD) Q4 2026 Earnings Call Transcript

seekingalpha.com - 2026-07-28 00:18:48

Applied Digital NASDAQ: APLD reported fiscal fourth-quarter revenue of $258.7 million for the period ended May 31, 2026, as the company expanded its contracted AI data center capacity and secured financing for additional campuses.

marketbeat.com - 2026-07-27 19:06:29

Applied Digital beat Wall Street estimates for fourth-quarter revenue on Monday, riding on robust demand for its data ​centers from an expanding roster of AI clients.

reuters.com - 2026-07-27 16:46:49

Applied Digital Corp (NASDAQ:APLD) reported fourth-quarter results for fiscal 2026 after the market close on Monday. Here's a rundown of the report.

benzinga.com - 2026-07-27 16:23:53

DALLAS, July 27, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the Company"), a U.S.-based designer, developer, owner, and operator of large-scale, purpose-built data centers engineered to support high-performance computing (“HPC”) workloads, including artificial intelligence (“AI”), machine learning, and other accelerated-compute applications, reported financial results for the fiscal fourth quarter ended May 31, 2026. The Company also provided operational updates.

globenewswire.com - 2026-07-27 16:05:00

Eddie Ghabour discusses how investors can navigate choppy market conditions and shares his outlook for the rest of the year. He explains concentrated selling action in tech stocks while the broader market showed resiliency.

youtube.com - 2026-07-27 15:30:33

Applied Digital stock surged 142% this fiscal year before a brutal 33% selloff wiped out months of gains, and tonight's Q4 report will reveal whether the HPC buildout story still holds or the debt load and customer concentration cracks are starting to show.

247wallst.com - 2026-07-27 14:54:55

Applied Digital Corp. (NASDAQ:APLD) is set to report fiscal fourth-quarter results after Monday's close. The AI data center builder enters the print with roughly $36 billion in contracted lease revenue spread across five AI Factory campuses, a backlog that could swell to $86 billion if every hyperscaler tenant exercises its renewal options.

benzinga.com - 2026-07-27 13:06:54

Earnings season hits a crescendo the week of July 27, 2026, and the calendar reads like a macro stress test.

247wallst.com - 2026-07-26 12:13:37

APLD's fiscal Q4 report may highlight booming AI infrastructure growth, but profitability challenges remain in focus.

zacks.com - 2026-07-23 12:51:05

Applied Digital (NASDAQ:APLD) is a rare AI infrastructure story that behaves like a landlord, benefiting from long-duration, contracted revenue streams while masquerading as a growth stock.

247wallst.com - 2026-07-23 10:29:40

Rising oil prices, geopolitical tension, and a post-earnings stumble from a tech giant are rattling markets this morning, and Wall Street analysts are already reshuffling their ratings on some of the biggest names in energy, finance, and entertainment.

247wallst.com - 2026-07-23 07:54:40

Shares of AI infrastructure names are bouncing hard in early Monday trading, led by IREN (NASDAQ:IREN), up 17% to $39.28.

247wallst.com - 2026-07-20 09:47:40

Applied Digital Corp. (NASDAQ:APLD) shares are in the spotlight Monday, with earnings on deck, an oversold technical setup, and a bullish Benzinga Edge Momentum score all drawing attention.

benzinga.com - 2026-07-20 07:59:59

CoreWeave currently demonstrates a stronger position on revenue, maintaining a substantially higher baseline than Applied Digital. Over the last eight quarters, CoreWeave recorded consistent quarter-over-quarter revenue increases, while Applied Digital experienced a more volatile quarter-over-quarter pattern.

fool.com - 2026-07-19 19:31:01

Applied Digital Corporation (NASDAQ:APLD) shares are trading lower by almost 6% on Friday as risk appetite cools across growth names and traders digest fresh TV commentary that frames the stock as a "buy-the-dip" idea — but with position-size caution because the company is still losing money.

benzinga.com - 2026-07-17 11:27:55

Applied Digital (APLD 9.09%) just added more operational AI capacity at Polaris Forge 1, giving investors a fresh data point on its repeatable growth model. The opportunity is clear: turn raw power into leased AI infrastructure.

fool.com - 2026-07-17 07:45:00

Lumentum's stronger execution, AI-driven growth and lower valuation give it the edge over Applied Digital for long-term upside and stability.

zacks.com - 2026-07-16 12:36:04

On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes Applied Digital Corporation (NASDAQ:APLD) with the stock coming down. “Start it small, don't start it big because it is losing money,” he noted.

benzinga.com - 2026-07-16 08:48:44

DALLAS, July 15, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of high-performance, sustainably engineered data centers and colocation services for Artificial Intelligence (“AI”), networking, and blockchain workloads, will host a conference call on Monday, July 27, 2026, at 5:00 p.m. Eastern Time to discuss its operations and financial results for the fiscal fourth quarter and full year ended May 31, 2026. A press release detailing these results will be issued after the market closes on the same day.

globenewswire.com - 2026-07-15 16:05:00

I rate Applied Digital a Strong Buy with a $54 price target, implying 86% upside from $29. My biggest growth drivers are Polaris Forge 1, Polaris Forge 2 and Delta Forge 2, which I estimate can add about $526Mn in incremental EBITDA and $0.68 in EPS. I arrive at my price target by applying a FWD EV/EBITDA of 30x to the estimated incremental EBITDA.

seekingalpha.com - 2026-07-15 10:45:26

Applied Digital (APLD) has transitioned from crypto data centers to a leading AI infrastructure platform, targeting hyperscaler demand for high-density capacity. APLD boasts $36B in contracted lease revenue across five AI Factory campuses, with 1.4 GW critical IT load and diversified, investment-grade tenants. Financing strength is evident: multi-billion dollar project-level debt and revolving credit facilities support rapid expansion, with future refinancing potential.

seekingalpha.com - 2026-07-14 05:12:12

TeraWulf recently signed a 20-year deal with Anthropic, prompting one analyst to predict that the stock will more than triple from current levels. Applied Digital has an easier path to building neocloud data centers since it does not supply the servers or AI chips.

fool.com - 2026-07-13 14:51:00

Applied Digital faces pressure as heavy AI data center expansion, customer concentration and premium valuation cloud its near-term outlook despite strong growth.

zacks.com - 2026-07-13 13:25:21

Applied Digital receives a Buy rating, driven by robust triple-digit revenue growth and strong future demand signals. APLD is positioned as a significant beneficiary in the data center market, which may still be in its early innings. Despite substantial appreciation and not being the cheapest data center play, I see no structural concerns undermining the bullish thesis.

seekingalpha.com - 2026-07-13 08:19:21

Applied Digital has successfully pivoted from crypto mining to AI-focused data center operations, securing long-term hyperscaler contracts. APLD boasts $36 billion in contracted lease value over 15 years, with $2 billion annualized NOI and rapid capacity expansion through 2028. Macquarie's potential $5 billion investment and a 97% stake in ChronoScale enhance APLD's growth and asset value, but monetization challenges exist.

seekingalpha.com - 2026-07-11 12:35:00

Applied Digital's AI data center expansion is backed by long-term leases, but heavy reliance on a few hyperscale customers raises long-term revenue and execution risks.

zacks.com - 2026-07-10 13:05:30

While not technically a pure-play GPU-as-a-Service or neocloud operator, Penguin Solutions NASDAQ: PENG is essentially in the same business as Nebius NASDAQ: NBIS, Iren NASDAQ: IREN, and Applied Digital NASDAQ: APLD, but with far less risk.

marketbeat.com - 2026-07-08 11:26:58

Shares of TeraWulf (NASDAQ:WULF) are down 8% to $20.41 in Tuesday's midday session, reversing yesterday's rally on the Anthropic mega-deal.

247wallst.com - 2026-07-07 12:54:08

APLD is ramping up AI data center expansion with billions in new financing, as much of its contracted capacity has yet to generate recurring revenues.

zacks.com - 2026-07-03 13:31:07

Hyperscaler capex has ballooned to nearly $700 billion, up from roughly $400 billion just three months earlier, according to Applied Digital CEO Wes Cummins.

247wallst.com - 2026-07-01 13:01:40

DALLAS, July 01, 2026 (GLOBE NEWSWIRE) -- Applied Digital (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads, today announced it has achieved Ready for Service for Phase 1 of Building 2 at Polaris Forge 1, delivering 75 MW of operational AI capacity to its customer on schedule and bringing total live capacity at the campus to 175 MW. The delivery marks the next major milestone in the continued buildout of Polaris Forge 1, Applied Digital's fully leased AI Factory Campus designed to support high-density artificial intelligence and high-performance computing workloads.

globenewswire.com - 2026-07-01 13:00:00

Coinbase (NASDAQ:COIN | COIN Price Prediction) Head of Institutional Strategy John D'Agostino used a recent CNBC Squawk Box appearance to push back on the wave of skepticism that has followed a brutal stretch for crypto prices.

247wallst.com - 2026-06-30 12:28:42

At $45.20, Applied Digital (NASDAQ:APLD) looks fully valued.

247wallst.com - 2026-06-30 12:21:12

Applied Digital Chairman and CEO Wes Cummins delivered a message on CNBC's Squawk on the Street about the AI data center buildout.

247wallst.com - 2026-06-29 17:45:28

SNPS stands out in the AI boom with recurring revenues, expanding AI-driven design tools and IP licensing, while APLD faces customer concentration risks.

zacks.com - 2026-06-23 12:16:08

BISMARCK, N.D., June 22, 2026 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE: MDU) subsidiary, Montana-Dakota Utilities Co., has entered into an electric service agreement (ESA) with Applied Digital Corporation (NASDAQ: APLD) to provide power to Polaris Forge 3, an AI Factory near Center, North Dakota.

prnewswire.com - 2026-06-22 16:30:00

Despite Applied Digital's great potential, it's not a no-brainer buy. The stock is richly valued, the company isn't yet posting profits, and it's carrying a lot of debt.

fool.com - 2026-06-20 07:45:00

Applied Digital's contracted revenue is concentrated among a few hyperscalers, raising concerns that future growth may hinge on a narrow customer base.

zacks.com - 2026-06-17 11:01:07

Applied Digital's AI-fueled surge masks growing concerns over customer concentration, rising debt and an uncertain path to profitability.

zacks.com - 2026-06-16 10:11:08

The booming demand for AI data centers is supercharging Applied Digital's growth.

fool.com - 2026-06-15 16:58:00

Applied Digital NASDAQ: APLD recently finalized a 15-year, 210-megawatt lease at its Delta Forge 2 campus, signaling a definitive transition from a high-beta crypto miner to a tier-one digital infrastructure landlord.

marketbeat.com - 2026-06-12 08:30:33

The AI company is reporting boom sales.

fool.com - 2026-06-12 00:03:53

Applied Digital can emerge as a winning artificial intelligence (AI) infrastructure stock in 2026 if it keeps turning contracted capacity into real revenue.

fool.com - 2026-06-10 15:45:00

DALLAS, June 09, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ: APLD) (“Applied Digital” or the “Company”), a leading designer, builder and operator of high-performance, sustainably engineered data centers and colocation services for Artificial Intelligence (“AI”), networking, and blockchain workloads, today announced that its subsidiary, APLD ComputeCo 3 LLC (“APLD ComputeCo 3”), has priced a $1.59 billion offering (the “Offering”) of 7.000% senior secured notes due 2031 (the “Notes”) at par. The Notes will be sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. The Offering is expected to close on or around June 16, 2026, subject to market and other conditions.

globenewswire.com - 2026-06-09 17:27:00

Applied Digital Corporation secured a 210 MW, $5.2B, 15-year lease at Delta Forge 2, expanding its contracted revenue backlog to $36B across five campuses. APLD's franchise model enables scalable, repeatable growth, with 1.4 GW of critical IT load now pre-sold under long-term, take-or-pay leases to investment-grade hyperscalers. A $1.59B senior secured notes offering funds construction and repays bridge debt, aligning capital with already contracted demand and de-risking capex.

seekingalpha.com - 2026-06-09 13:29:48