APLD Stock Price Today (September 2026) — Applied Digital Corporation Analysis & Key Metrics 2026-09-03
Applied Digital Corporation (APLD) is trading at $25.91, up 4.01% today (as of September 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Technology growth opportunities.
- According to consensus analyst estimates, the 1-year price target is $74.23 (186.5% upside).
- Volatility remains elevated (63.51% 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
+186.5% 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 43.07)
- 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 63.51% annualized volatility and β=2.58, 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
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.
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Applied Digital (APLD) Stock Looks Strong On Returns But Expensive On Sales
Applied Digital stock has delivered a very strong 3 year run, yet its current valuation screens as expensive on broad checks. Recent enthusiasm around its AI data center pipeline and long term contracts is meeting a market price that already embeds high expectations. The share price is up about 354.3% over 3 years, which signals that a lot of optimism is already reflected in Applied Digital's market value. Long term AI data center lease agreements and the spin out of the Cloud Services...
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Frequently Asked Questions
Common investor questions about Applied Digital Corporation
Applied Digital Corporation (APLD) is currently trading at $25.91. The RSI (14-day) is at 43.1, indicating neutral territory. Wall Street analysts have a consensus "strong_buy" recommendation. The mean analyst price target of $74.23 implies 186.5% upside from current levels. Volatility is high at 63.5% 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 -28.47, 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 4.34. Price-to-Sales is 12.05. 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 186.5% upside from the current price of $25.91. 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 (63.5% 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.