Applied Digital Corporation (APLD · NASDAQ)
APLD · MARKET VIEW
Market view · as of Jul 20, 2026
Revenue (TTM)
$319.3M
+139.3% YoY
Gross margin
45.4%
EPS (latest q)
$0.09
vs $-0.21 est · beat
52-wk position
39.8%
-48.1% vs 52w high · -43.4% 1mo
Price (last ~year)
Applied Digital (APLD) shares have declined 43.4% over the past month amid sector-wide volatility and investor concerns regarding share dilution and capital expenditure intensity. While the company has reached a 1 GW AI infrastructure milestone, it reported a net loss of $99.3 million on $126.6 million in revenue for the quarter ending February 28, 2026. The firm holds $1.73 billion in cash against $2.83 billion in total debt, with a negative free cash flow of $720.2 million for the most recent quarter.
Valuation
- Market cap
- $7.37B
- PEG
- 1.829
- P/B
- 4.661
- P/S
- 23.08
- EV/EBITDA
- -7.43
- Beta
- 5.68
- Analyst target
- $76.7
Quality & returns
- Gross margin
- 45.4%
- Operating margin
- -20.5%
- Profit margin
- -59.5%
- ROE
- -5.6%
- ROA
- -0.6%
Price movement
- Last
- $25.79
- 1-month
- -43.4%
- 3-month
- -17.7%
- RSI (14)
- 14
- vs SMA200
- -21.1%
- 52-wk position
- 39.8% -48.1% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-02-28 | $126.6M | $-19.0M | $-99.3M | $-52.1M |
| 2025-11-30 | $126.6M | $-31.0M | $-17.5M | $-6.5M |
| 2025-08-31 | $64.2M | $-18.6M | $-16.9M | $-18.1M |
| 2025-05-31 | $38.0M | $-20.3M | $-52.5M | $-16.6M |
Recent news
- Bearish Applied Digital Plunges As Nvidia Walks Away, Dilution Fears · 2026-07-17
- Neutral Applied Digital hits 1 GW AI infrastructure milestone as former crypto miner pivots hard into data centers · 2026-07-17
- Neutral Applied Digital Sets Fiscal Fourth Quarter and Full Year 2026 Conference Call for Monday, July 27, 2026, at 5:00 p.m. Eastern Time · 2026-07-16
- Somewhat-Bearish Why Applied Digital’s AI Hype Is Suddenly Fading · 2026-07-16
- Somewhat-Bullish Cramer Likes Applied Digital on the Dip — but Warns: 'Start It Small, Don't Start It Big' · 2026-07-16
- Neutral Applied Digital to release fiscal 2026 results after July 27 close · 2026-07-15
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)