2 weeks Ago By Defense World Staff
Applied Digital Co. ( NASDAQ:APLD – Free Report ) – HC Wainwright upped their FY2025 earnings estimates for Applied Digital in a research note issued to investors on Tuesday, April 15th. HC Wainwright analyst K.
Dede now anticipates that the company will earn ($0.96) per share for the year, up from their previous forecast of ($1.08).
HC Wainwright has a “Buy” rating and a $7.00 price target on the stock. The consensus estimate for Applied Digital’s current full-year earnings is ($0.
96) per share. HC Wainwright also issued estimates for Applied Digital’s Q4 2025 earnings at ($0.09) EPS and FY2026 earnings at ($0.
33) EPS. Other analysts also recently issued reports about the stock. Cantor Fitzgerald cut their price target on shares of Applied Digital from $14.
00 to $7.00 and set an “overweight” rating on the stock in a research report on Tuesday. Needham & Company LLC cut their target price on shares of Applied Digital from $11.
00 to $10.00 and set a “buy” rating on the stock in a report on Tuesday. Compass Point assumed coverage on shares of Applied Digital in a report on Tuesday, January 28th.
They issued a “buy” rating and a $10.00 price target for the company. Finally, Northland Securities raised their price objective on Applied Digital from $12.
00 to $20.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 4th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $10.
67. Applied Digital Price Performance Shares of APLD opened at $3.94 on Friday.
The stock has a market cap of $885.39 million, a P/E ratio of -2.28 and a beta of 5.
18. Applied Digital has a 1 year low of $2.36 and a 1 year high of $12.
48. The stock’s 50-day moving average price is $6.78 and its two-hundred day moving average price is $7.
78. The company has a current ratio of 0.77, a quick ratio of 0.
77 and a debt-to-equity ratio of 1.22. Applied Digital ( NASDAQ:APLD – Get Free Report ) last posted its quarterly earnings results on Monday, April 14th.
The company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.
05). The company had revenue of $52.92 million during the quarter, compared to analyst estimates of $62.
91 million. Applied Digital had a negative net margin of 127.86% and a negative return on equity of 117.
67%. During the same period last year, the company earned ($0.24) EPS.
Hedge Funds Weigh In On Applied Digital Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mayfair Advisory Group LLC acquired a new stake in shares of Applied Digital in the 1st quarter valued at about $68,000. Exchange Traded Concepts LLC raised its position in Applied Digital by 4.
0% in the 1st quarter. Exchange Traded Concepts LLC now owns 1,042,035 shares of the company’s stock valued at $5,856,000 after buying an additional 39,945 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Applied Digital by 29.
4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,778 shares of the company’s stock valued at $77,000 after acquiring an additional 3,127 shares in the last quarter. Millington Financial Advisors LLC acquired a new position in Applied Digital during the 1st quarter worth approximately $92,000.
Finally, SeaCrest Wealth Management LLC boosted its position in Applied Digital by 5.4% during the 1st quarter. SeaCrest Wealth Management LLC now owns 80,847 shares of the company’s stock worth $454,000 after acquiring an additional 4,107 shares during the last quarter.
65.67% of the stock is owned by institutional investors and hedge funds. Applied Digital Company Profile ( Get Free Report ) 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. See Also Five stocks we like better than Applied Digital What is the S&P 500 and How It is Distinct from Other Indexes 3 Mid-Cap to Mega-Cap Stocks Have Announced Significant Buybacks What is a support level? These 3 Stocks Have Huge Last 12 Months Shareholder Yields Stock Sentiment Analysis: How it Works Prominent Hedge Fund Acquires Huge Stake in HPE: Is It a Buy Now? Receive News & Ratings for Applied Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Digital and related companies with MarketBeat.
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