Insider buying last 90 days
No open-market insider purchases were filed for APLD in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every APLD insider filing, plotted on the chart in Gekko.Open APLD in Gekko
NASDAQ: APLD
Applied Digital (APLD) Stock Analysis & Forecast
Sep 28 close
$24.53−1.72 (−6.6%)
Gekko Brief
AI summaryApplied Digital shares fell this week amid a mix of analyst activity and continued scrutiny ahead of its October earnings. Jones Trading initiated coverage with a $70 buy rating, yet the stock still slipped 6% to $24.70, and other analyst warnings were cited as weighing on shares. UBS also began coverage, sparking debate over the company's valuation, while separate commentary framed the company's $31 billion contracted backlog against expectations for the upcoming report. The company also confirmed its fiscal first quarter 2027 conference call date, and a peer comparison with IREN noted differing strategic paths within the data center and AI infrastructure space.
The stock closed at $24.53, down 6.6% on the day, sitting below both its 50-day average of $27.59 and 200-day average of $32.18, with the 50-day also below the 200-day. Over the past month shares are down 10.6%, and over three months down 35.1%, though the one-year return remains positive at 8.6%. The GekkoIndex reads 62, placing the stock in the Accumulation zone. Price sits 38.7% below Gekko Fair Value of $40.00.
Earnings are scheduled for 8 October 2026 after the close, 9 days away, falling inside a typical 20-trading-day holding window; the prior quarter saw an EPS miss with a -2.1% reaction. Options activity shows 10 unusual signals over the past 30 days, with call premium of $6,139,357 against put premium of $3,610,521. Seasonality over the past 4 years shows an average 20-day return of 21.4%, rising in 3 of those years. Analyst consensus stands at 7 buy and 2 hold ratings among 9 firms, with a consensus target of $66.43.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Applied Digital price vs fair value
Close $24.53200-day averageGekko Fair Value $40.00
Applied Digital quick facts
- Market cap
- $7.06B
- P/E ratio
- —
- Forward P/E
- 526.3
- EPS, TTM
- −$0.90
- Revenue, TTM
- $611.3M
- Profit margin
- -39.9%
- Dividend yield
- —
- Beta
- 5.73
- Volume
- 14.89M avg 15.38M
- 1-year return
- +8.6%
- Typical daily move
- ±6.5%
- Typical 20-day move
- ±22.9%
- 50-day average
- $27.59
- 200-day average
- $32.18
- Next earnings
- Oct 8 after close
- Shares outstanding
- 284.3M
Applied Digital swing-trade checklist
Applied Digital scores 4 supportive, 0 mixed and 2 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive0 mixed2 headwinds
- Trendheadwind
Below 50 and 200-day
Close $24.53 is below the 50-day ($27.59) and 200-day ($32.18) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
62, Accumulation
Reading 62 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
38.7% below
Price is 38.7% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 30 days: 10 unusual options signals.
See smart money - Earnings riskheadwind
Reports in 9 days
Reports on Oct 8, 2026, 9 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+21.4% on average
From this point in the calendar, the next 20 trading days averaged +21.4% over 4 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Applied Digital stock chart and price history
Applied Digital closed at $24.53 on Sep 28, 2026, +8.6% over the past year, inside a 52-week range of $19.01 to $50.73.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −10.6%
- 3 months
- −35.1%
- 6 months
- +3.2%
- 1 year
- +8.6%
The full APLD chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open APLD in Gekko
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About Applied Digital
Applied Digital builds and runs digital infrastructure aimed at high-performance computing and artificial intelligence workloads across North America. Its work includes designing, constructing, and managing data centers, along with providing infrastructure services to crypto mining clients and GPU computing capacity for AI, machine learning, and other demanding computing tasks. The company has become associated with large-scale data center hosting built to serve these compute-intensive needs.
The business is structured around two segments, a Data Center Hosting operation and an HPC Hosting operation. Through these, it serves customers ranging from crypto mining operators to organizations running AI and machine learning workloads that require substantial computing power. Applied Digital has also entered into a lease arrangement with CoreWeave covering additional capacity at its Polaris Forge 1 campus in Ellendale, North Dakota, reflecting its role in supplying infrastructure for high-demand computing clients.
The company was previously named Applied Blockchain, Inc. before adopting its current name in November 2022. It is based in Dallas, Texas, and its shares are listed on the NASDAQ under the ticker APLD.
- Listed
- NASDAQ
- Sector
- Technology services
- Industry
- Data processing services
- Website
- applieddigital.com
Applied Digital GekkoIndex: the smart money zone
Applied Digital’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 62, in the Accumulation zone, up 5.1 points over five sessions.
62Accumulation
Up 5.1 points over five sessions, from the Neutral zone.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 56 | +7.0% | +16.7% | ||
| Accumulation (current zone) | 216 | +2.8% | +10.9% | ||
| Neutral | 349 | +1.3% | +8.9% | ||
| Distribution | 47 | +6.6% | +13.5% | ||
| Selling | 4 | Too few readings yet | |||
Average APLD share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the APLD price, zone by zone.Track APLD in Gekko
Is Applied Digital stock overvalued? Gekko Fair Value
Applied Digital trades 38.7% below Gekko Fair Value of $40.00, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Applied Digital shares are worth, recalculated every trading day.
$40.00
Gekko Fair Value, Sep 29, 2026
38.7% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open APLD in Gekko
Applied Digital insider and Congress trading
No open-market insider purchases were filed for Applied Digital, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in APLD were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for APLD, plotted on the chart in Gekko.Open APLD in Gekko
Buybacks
Applied Digital has been buying back its own shares.
- Bought back, quarter ended May 31, 2026
- $394K
- As a share of market cap
- 0.01%
- Trailing four quarters
- $1.19M
From company filings.
Unusual options activity last 30 days
10signals, 63% of the flagged premium in calls.
Latest: Bearish flow on Sep 29, $1.57M in unusual premium.
Hedge funds and billionaires quarter ended Jun 30
4of the funds Gekko tracks hold APLD.
1added3opened0trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko
Applied Digital earnings: next date and track record
Applied Digital reports on Oct 8, 2026, after the close (9 days away), and beat the EPS estimate in 2 of its last 8 reports.
Next earnings report
Oct 8, 2026
Expected after the close, 9 days away
- EPS estimate
- −$0.30
- Revenue estimate
- $116.3M
2 of 8reports beat the EPS estimate
±14.5%average move across the report
5 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 27, 2026 AI summary
- What they said
- Applied Digital reported a transformational fiscal Q4 2026, signing leases for 5 campuses and creating $36 billion in total contracted long-term lease value, with ~$20 billion added in the last quarter alone—a 125% increase. The company has 1.41 gigawatts of contracted critical IT load across campuses built for 3 separate hyperscalers. Three new campuses (Delta Forge 1, Polaris Forge 3, Delta Forge 2) with a single investment-grade hyperscaler represent ~$20 billion in contracted revenue.
- Guidance
- Applied Digital is marketing an additional 1.7 gigawatts across multiple states, expecting higher pricing given rising rental rates. Advanced negotiations are underway with 2 existing customers for expansion leases of approximately 100 MW and 150 MW on existing terms.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 27, 2026 | −$0.39 est −$0.18 | $258.7M est $96.85M | −2.1% |
| Apr 8, 2026 | −$0.36 est −$0.10 | $126.6M est $75.52M | +1.5% |
| Jan 7, 2026 | −$0.11 est −$0.09 | $126.6M est $85.34M | +5.6% |
| Oct 9, 2025 | −$0.11 est −$0.13 | $64.22M est $49.97M | +21.7% |
| Jul 30, 2025 | −$0.12 est −$0.12 | $38.01M est $37.84M | +29.8% |
| Apr 14, 2025 | −$0.16 est −$0.11 | $52.92M est $64.82M | −35.0% |
| Jan 14, 2025 | −$0.66 est −$0.14 | $63.87M est $62.41M | +7.7% |
| Oct 9, 2024 | −$0.03 est −$0.27 | $60.70M est $54.85M | −12.2% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Applied Digital stock forecast and analyst price targets
Analysts’ average 12-month price target for Applied Digital is $66.43, +170.8% from the last close, from 9 firms rating the stock in the last 90 days.
$66.43consensus 12-month target, +170.8% from the last close
Now $24.53Avg $66.43
Low $22High $83
Each firm’s latest rating in the last 90 days: 9 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 25 | Craig-Hallum | — | — |
| Sep 23 | UBS | $38 | +54.9% |
| Sep 21 | Rothschild & Co Redburn | $22 | −10.3% |
| Sep 20 | Wells Fargo | — | — |
| Sep 18 | Morgan Stanley | $37.50 | +52.9% |
+10.9%average 20-day move after past Accumulation readings
+21.4%average move over the next 20 trading days in the last 4 years
±6.5%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Applied Digital seasonality: the next 20 trading days
Over the next 20 trading days from Sep 26, Applied Digital averaged +21.4% across the last 4 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +8.1% | 3 of 4 |
| Next 10 trading days | +12.3% | 2 of 4 |
| Next 15 trading days | +21.8% | 3 of 4 |
| Next 20 trading days | +21.4% | 3 of 4 |
| Next 30 trading days | +21.3% | 2 of 4 |
For scale, APLD’s typical 20-trading-day move in either direction is about 22.9%.
Applied Digital market cap and key statistics
Applied Digital’s market cap is $7.06B and revenue of $611.3M over the last twelve months.
Valuation
- Market cap
- $7.06B
- Forward P/E
- 526.3
- EPS, TTM
- −$0.90
- Gekko Fair Value
- $40.00
Trading
- Volume
- 14.89M
- Avg volume, 20 days
- 15.38M
- 52-week high
- $50.73
- 52-week low
- $19.01
- Shares outstanding
- 284.3M
Financials
- Revenue, TTM
- $611.3M
- Profit margin
- -39.9%
- Return on equity
- -8.4%
- Quarterly earnings growth, YoY
- 0.0%
Risk and income
- Beta
- 5.73
- Typical daily move
- ±6.5%
- Typical 20-day move
- ±22.9%
Applied Digital stock news this week
Coverage of Applied Digital this week reads neutral: 5 positive, 6 neutral and 4 negative headlines.
- Applied Digital Sets Fiscal First Quarter 2027 Conference Call for Wednesday, October 7, 2026, at 5:00 p.m. Eastern TimeGlobeNewsWire, Sep 28
- Analyst Warnings Knock Applied Digital Shares LowerTipRanks, Sep 28
- Applied Digital Falls 6% Despite $70 Buy Initiation at Jones Trading; TeraWulf and Core Scientific Drop 4%24/7 Wall Street, Sep 28
- Applied Digital's Contracted Backlog Hit $31 Billion — Here's the Bar for Oct. 8Benzinga, Sep 28
- Here Are Monday’s Top Wall Street Analyst Research Calls: Applied Digital, Autodesk, Datadog, First Solar, L3Harris Technologies, PepsiCo, Roblox, Snowflake, TeraWulf and More247 Wallst, Sep 28
- IREN (NASDAQ: IREN) Edges Out Applied Digital (NASDAQ: APLD) As The Stronger Technology Buy For Patient InvestorsForeign Policy Journal, Sep 26
Applied Digital peers
Applied Digital’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| PAYXPaychex | Buying | 24.5% below |
| VRSKVerisk Analytics | Accumulation | 27.1% below |
| JJacobs Solutions | Accumulation | 6.2% above |
| AKAMAkamai Technologies | Neutral | 15.4% below |
| IRENIREN | Neutral | 24.3% below |
| TYLTyler Technologies | Accumulation | 15.0% below |
A peer links to its own page where one exists.
Applied Digital stock FAQ
What is Applied Digital’s market cap?
Applied Digital’s market cap is $7.06B at the Sep 28, 2026 close of $24.53, with 284.3M shares outstanding.
What is the Applied Digital stock forecast?
The consensus analyst 12-month price target for Applied Digital is $66.43, +170.8% from the last close. Of the 9 firms that rated the stock in the last 90 days, 7 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Applied Digital stock overvalued or undervalued?
On Gekko’s estimate Applied Digital is undervalued: the Sep 28, 2026 close of $24.53 is 38.7% below Gekko Fair Value of $40.00. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Applied Digital report earnings next?
Applied Digital is expected to report on Oct 8, 2026, after the market closes (9 days away). Analysts expect earnings of −$0.30 per share on revenue of $116.3M. Applied Digital beat the earnings estimate in 2 of its last 8 reports, moving 14.5% on average across the report.
What is Applied Digital’s 52-week high and low?
Applied Digital’s 52-week high is $50.73 and its 52-week low is $19.01; it closed at $24.53 on Sep 28, 2026, +8.6% over the past year.
Is Applied Digital stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, smart money and seasonality) and 2 as headwinds (trend and earnings risk). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in Applied Digital?
Gekko flagged 10 unusual options signals in Applied Digital over the last 30 days, with $6.14M of flagged premium in calls and $3.61M in puts. The latest, bearish flow, was on Sep 29, 2026 with $1.57M in unusual premium. The signal-by-signal table is in Gekko.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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