APLD Stock Price Today (September 2026) — Applied Digital Corporation Analysis & Key Metrics 2026-09-08
Applied Digital Corporation (APLD) is trading at $28.31, up 7.36% today (as of September 2026). The stock continues to show early recovery signs above the short-term average, attracting attention from investors looking for Technology growth opportunities.
- According to consensus analyst estimates, the 1-year price target is $74.23 (162.2% upside).
- Volatility remains elevated (62.42% annualized), implying wide price swings for short-term traders.
- The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (4.07% YoY) alongside significant competitive pressures.
APLD Stock Analysis: Key Metrics & Valuation (September 2026)
Concise, actionable data for investors
Applied Digital Corporation - Historical Price & Volume
Market Cap
Enterprise Value: $12.92B
P/E Ratio
Forward P/E: -101.64
Revenue Growth
Year over Year
Analyst Target
+162.2% upside potential
Key Investor Questions About APLD
What investors need to know before buying
Based on current market data, APLD presents a neutral technical setup with caution warranted fundamentals.
- Technicals say: Neutral (RSI 56.26)
- Fundamentals say: Caution warranted (high leverage concerns)
APLD's growth trajectory depends on its ability to expand within the Information Technology Services sector while managing margin pressures.
- Future growth will depend on performance in core Information Technology Services operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
The primary risks for APLD investors include debt exposure and competitive dynamics in the Information Technology Services industry.
- $5.10B in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Information Technology Services.
52-Week Trading Range
Over the past year, APLD stock traded between $13.16 and $50.73—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility & Risk Profile
With 62.42% annualized volatility and β=2.50, the stock exhibits high sensitivity to market moves—making APLD suitable for investors comfortable with active risk management.
Institutional & Insider Ownership
High institutional backing, but elevated short interest signals a potential battleground stock.
Analyst Sentiment & Price Targets
Latest News & Headlines
Recent headlines and coverage
IREN Surges 7% on Conditional ERCOT Status for 2GW Sweetwater Hub, Applied Digital Climbs 6%
Texas just handed IREN a rare grid milestone that its CEO calls the scarcest input in the entire AI buildout, and the stock moved fast. Here is what the Sweetwater approval actually means for the race to lock up power before rivals do.
Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock.
About $36 billion of 15-year contracted rent is on the books -- but almost none of it arrives until billions more in construction gets finished.
APLD Slides 36% in 3 Months: Should Investors Exit or Hold the Stock?
APLD's heavy capital needs, rising debt, delayed revenue ramp and dilution risks weigh on shares despite a $36B contracted AI pipeline.
Analyzing Applied Digital vs. IREN: Accelerating Upward Trajectories vs. Sequential Contractions in Quarterly Revenue Generation
Applied Digital's revenue has doubled in two quarters, while IREN's has fallen 43% from its peak — a widening gap that reshapes the competitive picture.
Applied Digital vs. IREN: Evaluating the Better Artificial Intelligence Stock to Buy for 2026
Applied Digital trades at a lower valuation multiple, but IREN's transition to AI services comes with lower leverage, a key tradeoff for growth investors.
What Are You Actually Buying In Applied Digital Stock?
Applied Digital (APLD) has fallen 44.3% over the past three months while the S&P 500 returned 1.4%, and at about $24.90 the stock sits roughly 50% below its 52-week high. It still trades at 12.4 times sales against 3.2 for the S&P 500. Both are true at once, because the price has little to do with the business you can see today.
Applied Digital and Cipher Just Sank Together. Did Rising Yields Expose AI’s Weakest Business Model?
Two of the market’s most aggressive AI infrastructure stories fell together on September 1 as the 10-year Treasury yield climbed to 4.79%. Applied Digital Corporation (NASDAQ:APLD) dropped about 4%, while Cipher Digital Inc. (NASDAQ:CIFR) fell roughly 6%. The reaction exposed a central tension in the AI buildout: long-term customer contracts can make future revenue look […]
APLD's Hyperscaler Concentration Grows: Are Revenues at Risk?
Applied Digital has $36B in contracted lease revenues, but $20B tied to one hyperscaler heightens concentration risk despite long-term safeguards.
IREN's CapEx Plan Accelerates: Can Funding Keep Up With Expansion?
IREN plans $25B-$30B in CapEx for its AI cloud expansion, backed by $14B in existing funding and a push for more GPU financing and prepayments.
Applied Digital Drops 4% as Rising Yields Hit AI Infrastructure, Cipher Mining Sinks 6%, Core Scientific Slides 3%
A surge in long-term Treasury yields is carving a brutal divide inside the AI infrastructure trade, punishing capital-hungry buildout names far harder than the broader data center sector and raising urgent questions about who survives a prolonged rate shock.
Explore More Analysis for APLD
Additional research, tools, and technical breakdowns
Stock Analyzer Report
Deep-dive automated research and stock rating report.
DCF Fair Value Calculator
Discounted cash flow model and intrinsic value projection.
AI Price Predictions
Multi-scenario price predictions and consensus targets.
Insider Activity Tracker
Track buying/selling behavior of corporate insiders.
Earnings Calendar
Track upcoming and historical corporate earnings reports.
Market Insights & Research
Read the latest analysis articles and expert research.
Frequently Asked Questions
Common investor questions about Applied Digital Corporation
Applied Digital Corporation (APLD) is currently trading at $28.31. The RSI (14-day) is at 56.3, indicating neutral territory. Wall Street analysts have a consensus "strong_buy" recommendation. The mean analyst price target of $74.23 implies 162.2% upside from current levels. Volatility is high at 62.4% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for Applied Digital Corporation (APLD): The trailing P/E ratio is -31.11, which is below the market average of ~20-22, suggesting the stock may be undervalued relative to peers. The forward P/E is -101.64, lower than the trailing P/E, suggesting analysts expect earnings improvement. Price-to-Book is 4.75. Price-to-Sales is 13.17. Valuation should be compared to Information Technology Services industry peers for context, as different sectors trade at different multiples.
Based on 11 analysts covering APLD, the consensus price target is $74.23. This represents a 162.2% upside from the current price of $28.31. The range spans from a low target of $37.50 to a high target of $109.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "strong_buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
Applied Digital Corporation (APLD) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.
Key risks for Applied Digital Corporation (APLD) investors include: 1. High volatility (62.4% annualized)—the stock can experience significant daily price swings. 2. Elevated debt levels (D/E ratio of 136.23) which could pressure margins in a rising rate environment. 3. Elevated short interest (21.3% of float) suggests significant bearish sentiment. 4. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 5. Information Technology Services sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is Applied Digital Corporation's (APLD) current debt and financial health profile: Total debt stands at $5.10B. The debt-to-equity ratio is 136.23, which is elevated and warrants monitoring, especially in a rising interest rate environment. The current ratio is 4.01, indicating strong short-term liquidity. The quick ratio is 1.42. The company holds $1.59B in cash and equivalents. Free cash flow is negative at $-4,961,438,720, which could limit the company's ability to manage debt obligations.