Analysts’ Weekly Ratings Changes for Applied Digital (APLD)

A number of firms have modified their ratings and price targets on shares of Applied Digital (NASDAQ: APLD) recently:

• 6/17/2026 – Applied Digital was given a new $82.00 price target by Northland Securities. They now have an “outperform” rating on the stock.
• 6/9/2026 – Applied Digital had its “market outperform” rating reaffirmed by Citigroup Inc..
• 6/9/2026 – Applied Digital had its price target raised by Craig Hallum from $75.00 to $79.00. They now have a “buy” rating on the stock.
• 6/9/2026 – Applied Digital had its price target raised by Lake Street Capital from $70.00 to $90.00. They now have a “buy” rating on the stock.
• 6/9/2026 – Applied Digital had its price target raised by Needham & Company LLC from $66.00 to $83.00. They now have a “buy” rating on the stock.
• 6/8/2026 – Applied Digital was downgraded by Zacks Research from “hold” to “strong sell”.
• 5/27/2026 – Applied Digital had its “buy” rating reaffirmed by B. Riley Financial, Inc.. They now have a $66.00 price target on the stock, up from $53.00.
• 5/27/2026 – Applied Digital was upgraded by Lucid Cap Mkts to “strong-buy”.
• 5/22/2026 – Applied Digital had its “buy” rating reaffirmed by Compass Point. They now have a $70.00 price target on the stock.
• 5/21/2026 – Applied Digital had its “buy” rating reaffirmed by Lake Street Capital. They now have a $70.00 price target on the stock, up from $55.00.
• 5/21/2026 – Applied Digital had its “outperform” rating reaffirmed by Citigroup Inc..
• 5/21/2026 – Applied Digital had its price target raised by Citizens Jmp from $40.00 to $60.00. They now have a “market outperform” rating on the stock.
• 5/21/2026 – Applied Digital had its price target raised by Needham & Company LLC from $51.00 to $66.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Applied Digital had its price target raised by Needham & Company LLC to $51.00. They now have a “buy” rating on the stock.
• 5/7/2026 – Applied Digital was upgraded by Zacks Research from “strong sell” to “hold”.
• 4/24/2026 – Applied Digital had its “sell (d-)” rating reaffirmed by Weiss Ratings.
• 4/24/2026 – Applied Digital had its price target raised by Needham & Company LLC to $48.00. They now have a “buy” rating on the stock.
• 4/23/2026 – Applied Digital had its “buy” rating reaffirmed by Roth Mkm. They now have a $65.00 price target on the stock.

Insider Activity

In other Applied Digital news, Director Douglas S. Miller sold 10,000 shares of Applied Digital stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $34.98, for a total value of $349,800.00. Following the sale, the director owned 184,859 shares of the company’s stock, valued at approximately $6,466,367.82. The trade was a 5.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Richard N. Nottenburg sold 12,500 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $34.59, for a total transaction of $432,375.00. Following the completion of the transaction, the director owned 208,378 shares in the company, valued at approximately $7,207,795.02. The trade was a 5.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 35,000 shares of company stock worth $1,182,175. Insiders own 9.50% of the company’s stock.

Applied Digital (NASDAQ: APLD) is a technology company specializing in the development and operation of large-scale digital infrastructure and sustainable Bitcoin mining solutions. Through its integrated platform, the company designs, builds and manages turnkey data center facilities while also providing comprehensive hosting services for cloud, colocation and enterprise computing needs. Applied Digital’s modular approach to facility design enables rapid deployment of capacity and streamlined integration of power, cooling and network connectivity.

In addition to its data center business, Applied Digital operates a network of Bitcoin mining sites that leverage vertically integrated capabilities, including hardware procurement, mining farm engineering, energy management and real-time performance monitoring.