FY2025 EPS Estimate for Applied Digital Decreased by Analyst

Applied Digital Co. (NASDAQ:APLD) – Equities research analysts at Northland Capmk lowered their FY2025 earnings per share estimates for Applied Digital in a report released on Tuesday, April 15th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of ($1.07) for the year, down from their prior estimate of ($1.00). The consensus estimate for Applied Digital’s current full-year earnings is ($0.96) per share. Northland Capmk also issued estimates for Applied Digital’s Q4 2025 earnings at ($0.16) EPS.

APLD has been the topic of a number of other research reports. Cantor Fitzgerald reduced their target price on Applied Digital from $14.00 to $7.00 and set an “overweight” rating on the stock in a report on Tuesday. Needham & Company LLC reduced their price objective on Applied Digital from $11.00 to $10.00 and set a “buy” rating on the stock in a research note on Tuesday. HC Wainwright lowered their target price on Applied Digital from $12.00 to $7.00 and set a “buy” rating for the company in a research note on Tuesday. Northland Securities raised their price target on shares of Applied Digital from $12.00 to $20.00 and gave the company an “outperform” rating in a research note on Tuesday, February 4th. Finally, Compass Point initiated coverage on shares of Applied Digital in a report on Tuesday, January 28th. They set a “buy” rating and a $10.00 price target on the stock. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $10.67.

Applied Digital Stock Performance

NASDAQ APLD opened at $3.94 on Friday. Applied Digital has a 1 year low of $2.36 and a 1 year high of $12.48. The firm has a market capitalization of $878.24 million, a price-to-earnings ratio of -2.28 and a beta of 5.18. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.22. The firm’s 50 day simple moving average is $6.86 and its 200 day simple moving average is $7.81.

Applied Digital (NASDAQ:APLD) last announced its quarterly earnings data on Monday, April 14th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.05). The firm had revenue of $52.92 million for the quarter, compared to analyst estimates of $62.91 million. Applied Digital had a negative return on equity of 117.67% and a negative net margin of 127.86%. During the same quarter in the previous year, the company earned ($0.24) earnings per share.

Hedge Funds Weigh In On Applied Digital

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vontobel Holding Ltd. lifted its holdings in shares of Applied Digital by 9.8% during the fourth quarter. Vontobel Holding Ltd. now owns 16,735 shares of the company’s stock worth $128,000 after purchasing an additional 1,500 shares during the period. Nisa Investment Advisors LLC lifted its holdings in Applied Digital by 16.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 11,774 shares of the company’s stock worth $90,000 after buying an additional 1,692 shares during the period. Wilmington Savings Fund Society FSB grew its position in shares of Applied Digital by 100.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 4,000 shares of the company’s stock valued at $31,000 after buying an additional 2,000 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Applied Digital by 8.8% in the third quarter. Wellington Management Group LLP now owns 37,411 shares of the company’s stock valued at $309,000 after buying an additional 3,040 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Applied Digital by 29.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 13,778 shares of the company’s stock worth $77,000 after acquiring an additional 3,127 shares during the last quarter. 65.67% of the stock is currently owned by institutional investors and hedge funds.

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.