Q3 EPS Estimates for Applied Digital Cut by HC Wainwright

Applied Digital Co. (NASDAQ:APLD) – Equities research analysts at HC Wainwright decreased their Q3 2025 earnings per share (EPS) estimates for Applied Digital in a note issued to investors on Wednesday, January 15th. HC Wainwright analyst K. Dede now forecasts that the company will post earnings per share of ($0.15) for the quarter, down from their previous forecast of ($0.08). HC Wainwright has a “Buy” rating and a $12.00 price target on the stock. The consensus estimate for Applied Digital’s current full-year earnings is ($0.40) per share. HC Wainwright also issued estimates for Applied Digital’s Q4 2025 earnings at ($0.15) EPS, FY2025 earnings at ($1.08) EPS and FY2026 earnings at ($0.49) EPS.

A number of other research analysts have also issued reports on the company. Needham & Company LLC restated a “buy” rating and set a $11.00 price objective on shares of Applied Digital in a research report on Wednesday, January 15th. Cantor Fitzgerald reduced their price target on shares of Applied Digital from $15.00 to $14.00 and set an “overweight” rating for the company in a report on Wednesday, January 15th. Lake Street Capital increased their price objective on shares of Applied Digital from $7.00 to $11.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. Roth Mkm reiterated a “buy” rating and issued a $10.00 price objective on shares of Applied Digital in a research report on Thursday, October 10th. Finally, Craig Hallum upped their target price on shares of Applied Digital from $10.00 to $12.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $11.29.

Applied Digital Stock Performance

Shares of APLD stock opened at $8.90 on Monday. The company has a market cap of $1.88 billion, a P/E ratio of -7.61 and a beta of 4.78. The business has a 50 day moving average of $8.82 and a two-hundred day moving average of $6.99. Applied Digital has a 52 week low of $2.36 and a 52 week high of $11.25. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.62.

Applied Digital (NASDAQ:APLD) last posted its quarterly earnings results on Tuesday, January 14th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.14) by $0.08. The business had revenue of $63.87 million during the quarter, compared to analyst estimates of $62.41 million. Applied Digital had a negative net margin of 74.95% and a negative return on equity of 88.87%. The company’s quarterly revenue was up 51.3% on a year-over-year basis. During the same period in the previous year, the business posted ($0.05) EPS.

Insiders Place Their Bets

In other Applied Digital news, Director Richard N. Nottenburg sold 50,000 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $9.20, for a total value of $460,000.00. Following the sale, the director now directly owns 334,317 shares in the company, valued at approximately $3,075,716.40. The trade was a 13.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Wes Cummins sold 200,000 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $9.20, for a total transaction of $1,840,000.00. Following the transaction, the chief executive officer now owns 3,875,955 shares of the company’s stock, valued at approximately $35,658,786. This trade represents a 4.91 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 269,369 shares of company stock worth $2,445,461. 11.81% of the stock is owned by corporate insiders.

Institutional Trading of Applied Digital

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC increased its holdings in shares of Applied Digital by 16.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 11,774 shares of the company’s stock valued at $90,000 after buying an additional 1,692 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of Applied Digital by 8.8% in the 3rd quarter. Wellington Management Group LLP now owns 37,411 shares of the company’s stock worth $309,000 after acquiring an additional 3,040 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Applied Digital by 14.4% during the third quarter. The Manufacturers Life Insurance Company now owns 43,064 shares of the company’s stock worth $355,000 after purchasing an additional 5,423 shares during the period. FMR LLC lifted its holdings in shares of Applied Digital by 99.1% during the third quarter. FMR LLC now owns 13,071 shares of the company’s stock valued at $108,000 after purchasing an additional 6,507 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Applied Digital in the 3rd quarter valued at $59,000. 65.67% of the stock is owned by institutional investors and hedge funds.

Applied Digital Company Profile

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.