Q3 EPS Estimates for Applied Digital Increased by Analyst

Applied Digital Co. (NASDAQ:APLD) – Analysts at Roth Capital boosted their Q3 2025 earnings per share (EPS) estimates for shares of Applied Digital in a research note issued to investors on Wednesday, January 15th. Roth Capital analyst D. Aftahi now expects that the company will post earnings per share of ($0.04) for the quarter, up from their prior forecast of ($0.09). The consensus estimate for Applied Digital’s current full-year earnings is ($0.40) per share. Roth Capital also issued estimates for Applied Digital’s Q4 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.81) EPS, Q1 2026 earnings at ($0.04) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at $0.07 EPS and FY2026 earnings at $0.02 EPS.

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

Applied Digital Price Performance

APLD stock opened at $8.90 on Monday. The business’s 50-day moving average is $8.82 and its two-hundred day moving average is $6.99. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.22 and a quick ratio of 0.22. The firm has a market capitalization of $1.88 billion, a P/E ratio of -7.61 and a beta of 4.78. Applied Digital has a 1 year low of $2.36 and a 1 year high of $11.25.

Applied Digital (NASDAQ:APLD) last released its earnings results on Tuesday, January 14th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.08. The company had revenue of $63.87 million for 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 firm’s quarterly revenue was up 51.3% on a year-over-year basis. During the same period in the prior year, the business earned ($0.05) EPS.

Hedge Funds Weigh In On Applied Digital

Hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC increased its holdings in Applied Digital by 414.5% during the 4th quarter. SG Americas Securities LLC now owns 265,792 shares of the company’s stock valued at $2,031,000 after acquiring an additional 214,133 shares in the last quarter. Dakota Wealth Management acquired a new position in shares of Applied Digital during the 4th quarter worth approximately $115,000. Nisa Investment Advisors LLC lifted its stake in Applied Digital by 16.8% in the 4th 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. SeaCrest Wealth Management LLC acquired a new stake in Applied Digital during the 4th quarter valued at $586,000. Finally, Gunderson Capital Management Inc. purchased a new position in Applied Digital during the fourth quarter worth $83,000. 65.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Richard N. Nottenburg sold 19,369 shares of Applied Digital stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $7.51, for a total value of $145,461.19. Following the sale, the director now directly owns 384,317 shares in the company, valued at $2,886,220.67. The trade was a 4.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Wes Cummins sold 200,000 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $9.20, for a total value of $1,840,000.00. Following the completion of the transaction, the chief executive officer now owns 3,875,955 shares of the company’s stock, valued at $35,658,786. The trade was a 4.91 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 269,369 shares of company stock valued at $2,445,461 over the last three months. 11.81% of the stock is currently owned by company insiders.

About Applied Digital

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.