Loading...
NASDAQ: APLD
Applied Digital Corporation
Technology · Information Technology Services
Market Cap
$7.45B
52w High
$42.27
52w Low
$3.31
P/E
-57.99
Volume
12.00M
Outstanding Shares
279.59M
Skip DCF
The company is still too young and does not have a stable, multi-year FCFF base. Use EV/Revenue multiples and comparable transactions instead of a DCF.
Annual FCFF History
5
Derived observations
Positive FCFF Years
0
Total positive history
Positive Streak
0
Consecutive years
Latest FCFF
-$491.36M
Historical, not forecast
Decision Tree
Is FCFF positive and has it been for 3+ consecutive years?
no
Latest FCFF is not positive.
Is there enough operating history to anchor a DCF?
no
Only 4 years of public or statement history are available, so multiples are more decision-useful than a DCF here.
Company profile
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America.
CEOWesley Cummins
SectorTechnology
IndustryInformation Technology Services
Employees150
IPO dateApr 13, 2022
Valuation
Forward P/E—
EV/EBITDA-21.38
Enterprise value$1.96B
Stock splits
Apr 13, 20221:6
Dec 31, 20031:3
Aug 20, 2002161:50
Profitability & growth
Revenue growth98.2%
Gross margin16.4%▼51.98%vs FY2024
Operating margin-31.51%▼204.24%vs FY2024
ROE-36.46%▲69.51%vs FY2024
Analyst consensus
RatingBuy
Target price$50.11▲88.03%
12
Buy
0
Hold
0
Sell
⚠ Analyst ratings tend to be lagging indicators — upgrades often follow price gains rather than precede them. Use as one signal among many.
Earnings
Last 3 reported quarters plus the next estimate. Switch into compare mode to inspect one metric year-over-year.
Next report
Apr 13, 2026
View
EPS
Actual vs estimate by quarter
Q4FY25
ActualEst.
-$0.12
-$0.12
Q1FY26
ActualEst.
-$0.11
-$0.13
Q2FY26
ActualEst.
-$0.11
-$0.12
Q3FY26
Next Est.
—
Revenue
Actual vs estimate by quarter
Q4FY25
ActualEst.
$38.01M
$35.9M
Q1FY26
ActualEst.
$64.22M
$49.97M
Q2FY26
ActualEst.
$126.59M
$78.48M
Q3FY26
Next Est.
—