Stock·NASDAQ·Technology
Applied Digital Corporation (APLD)
- Market cap
- $5.46B
- Dividend yield
- 0.00%
- Street target
- $70.00median of 15 analysts
- 52-week range
- $17.65 $50.73
The short version
Where APLD stands today, in four lines, and what CleaRank Financial AI makes of it.
APLD at a glance
Applied Digital Corporation (APLD): Hold, 42/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($26.17 and $31.99).
- Earnings APLD beat estimates in 8 of its last 8 quarters, yet fell the next day after 3 of those beats.
- Insiders Insiders sold $34.5M and made no open-market purchases over the last 18 months.
Figures as of October 17, 2026.
CleaRank Financial AI
CleaRank rates Applied Digital Corporation (APLD) Hold, with a model score of 42/100.
The analysts' outlook lifts the score most: 13 of 15 analysts rate it a buy and the median target is 287.8% above the price. The trend holds it back most: the price is 43.57% below its 200-day average and 31.03% below its 50-day average, and the 50-day average is 18.19% below the 200-day. The 50-day average stands at $26.17 and the 200-day at $31.99. Over the past year the price fell 50.74%.
Only on CleaRank
Figures we compute ourselves from APLD's own price, earnings and insider-filing history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
0/4Price above its 50-day average ›
The price of $18.05 is 31.0% below the 50-day simple moving average of $26.17.Price above its 200-day average ›
The price is 43.6% below the 200-day simple moving average of $31.99.50-day average above the 200-day ›
The 50-day average ($26.17) is 18.2% below the 200-day average ($31.99), the arrangement of a falling longer-term trend.In the upper half of its 52-week range ›
The price sits at 1% of its 52-week range, between $17.65 and $50.73.
APLD share price
Pick a period: each tab shows how far APLD has moved over it, to the last close.
Today's trading
Where APLD sits inside today's range and its 52-week range.
Fundamentals
Valuation against the sector, and the revenue and earnings behind it.
Valuation and quality checks
2/3P/S below the sector median ›
The price-to-sales ratio of 7.07 is 7.0% below the sector median of 7.6.Profitable over the last 12 months ›
Net income over the last 12 months was $-451.8M on revenue of $872.3M, a net margin of -51.8%.Beat estimates in most recent reports ›
APLD beat the EPS estimate in 8 of its last 8 reports.
Key statistics
The headline figures for APLD.
As of October 17, 2026, APLD trades at $18.05, with a market value of $5.46B and no P/E ratio (its trailing earnings are negative).
What the numbers say
CleaRank Financial AI's reading of APLD's valuation, growth and risks.
APLD has no meaningful P/E, because the company lost money over the last 12 months, so earnings cannot be used to judge its price. Measured against sales instead, the P/S of 7.07 is 7.0% below the sector median of 7.6. Applied Digital Corporation (APLD) reported trailing earnings of -$1.62 a share.
APLD is losing money. Its net margin is -53.03% and its operating margin is -18.25%, and return on equity stands at -13.62%, below the sector median of 13.4%. Revenue grew 322.40% in the latest year, which is 298.2 percentage points faster than the sector median of 24.2%. Debt-to-equity sits at 1.71.
APLD beat expectations in its October 7, 2026 report by 96.67%, posting -$0.01 a share where the estimate was -$0.3. In the session after the report, the shares went up 0.17%.
Across its last 8 reports, APLD beat the estimate every time, though the stock still fell in the first session after 3 of those 8 beats. Earlier, the stock rose 8.05% after the January 7, 2026 report, a beat of 41.67%. Analysts' average EPS estimate for this fiscal year is -$1.07, which would be a decline of 1,076.4%, and -$0.4924 for next year.
APLD's average daily move is 4.83%, so day-to-day swings are a real part of holding it. The downtrend is a risk in its own right for as long as the price remains below both moving averages. The price is 64.42% below its 52-week high of $50.73. Insider sales over the last 18 months totalled $34.5M, and no open-market purchases were made. Insider selling is often planned in advance or made to cover tax on vesting shares, so it is a weaker signal than open-market buying would be.
APLD against the Technology sector
How APLD compares with the median Technology stock CleaRank tracks.
Price to sales vs sector: On price-to-sales, the yardstick used here in place of P/E, APLD trades at 7.07x, -7% versus the sector average of 7.60x.
Return vs XLK: Since May 6, 2025, APLD has gained 246.5% against a gain of 71.7% for XLK.
Performance against XLK
APLD and the Technology sector fund over the same days.
Revenue and earnings
How much APLD sells, and how much of it becomes profit.
Revenue growth: Revenue fell 12.9% in FY2025 to $144M, from $166M a year earlier.
Profit margin: The net margin was -160.2% in FY2025, down from -90.4% the year before.
Loss-making: APLD lost $231M in FY2025.
Earnings reality check
Did APLD beat what analysts expected, and how did the stock react?
Earnings record: APLD beat the analyst estimate in 8 of the last 8 quarters.
Market reaction: The stock fell in the first session after 3 of those 8 beats, so a beat has not been enough on its own.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Oct 7, 2026after close | -$0.30 | -$0.01 | +96.67% | +0.17% | -14.64% |
| Jul 27, 2026after close | -$0.19 | $0.04 | +121.05% | +0.93% | +11.81% |
| Apr 8, 2026after close | -$0.21 | $0.09 | +142.86% | -7.99% | +10.87% |
| Jan 7, 2026after close | -$0.12 | -$0.07 | +41.67% | +8.05% | +22.12% |
| Oct 9, 2025after close | -$0.15 | -$0.03 | +80.00% | +16.05% | +25.09% |
| Jul 30, 2025after close | -$0.21 | -$0.03 | +85.71% | +31.01% | +47.46% |
| Apr 14, 2025after close | -$0.10 | -$0.08 | +20.00% | -35.94% | -24.95% |
| Jan 14, 2025after close | -$0.14 | -$0.06 | +57.14% | -1.99% | +12.88% |
As of October 17, 2026, APLD has beaten the analyst EPS estimate in 8 of its last 8 reported quarters and fell in the first trading session after 3 of those beats; its latest report, on October 7, 2026, came in 96.67% above the estimate and the stock moved +0.17% in the first session.
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
0/3RSI not overbought or oversold ›
The 14-day RSI is 26.1, in oversold territory.RSI above 50 ›
An RSI of 26.1 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of APLD
The score, the reasoning behind it, and what could move the price next.
Applied Digital Corporation (APLD) is in a downtrend: both moving averages sit above the price. At $18.05 the stock is 31.03% below its 50-day average of $26.17 and 43.57% below the 200-day average of $31.99. The price sits at 1% of its 52-week range, and is 2.26% above the 52-week low of $17.65. The 50-day average is 18.19% below the 200-day, a gap that backs up the weakness instead of cutting against it.
On momentum, the 14-day RSI reads 26.1, in oversold territory, with the MACD line negative. Every period on the chart shows a loss, with the price down 30.01% over the past three months, 42.75% over the past six months and 50.74% over the past year.
Earnings beat ›
The October 7, 2026 report beat the EPS estimate by 96.67%, and the share price rose 0.17% in the first session after it.
Source: Earnings report, October 7, 2026New analyst coverage ›
Rothschild & Co started coverage at Neutral on September 21, 2026.
Source: Analyst action, Rothschild & Co, September 21, 2026
New analyst coverage ›
UBS started coverage at Buy on September 23, 2026.
Source: Analyst action, UBS, September 23, 2026
- The two nearest levels to watch are the 20-day EMA at $23.47, above the price, and the 52-week low at $17.65, below it.
- The 14-day RSI is 26.1, which places it in the oversold zone, and the MACD line is negative. Readings above 70 or below 30 point to stretched momentum.
- The share price rose 0.17% in the first session after the October 7, 2026 report. APLD has beaten estimates in 8 of the last 8 reports.
The downtrend stays in place while APLD is below both its 50-day average at $26.17 and its 200-day average at $31.99; a close back above the 50-day would be the first step of a repair. The 20-day EMA at $23.47 is the first hurdle overhead.
The next level below the price is the 52-week low at $17.65.
Technical indicators
Momentum and trend for APLD, from its daily closes.
As of October 17, 2026, with APLD at $18.05, its 14-day RSI is 26.1 (oversold territory), its 50-day simple moving average is $26.17 and its 200-day is $31.99.
Calculated by CleaRank on daily closes as of October 17, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What APLD moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 17, 2026, APLD's 1-year correlation of daily returns is +0.39 with S&P 500 (SPY), +0.44 with Nasdaq 100 (QQQ), +0.41 with Bitcoin (BTC) and +0.22 with gold (XAU).
What Wall Street expects
The analysts' target range and how their ratings split.
Analysts checks
2/3Most analysts rate it a buy ›
13 of 15 analysts rate it a buy or strong buy, 2 a hold and 0 a sell.Median target above the price ›
The median 12-month target of $70.00 is 287.8% above the price.More buy ratings than three months ago ›
13 of 15 rate it a buy now, against 10 of 11 three months ago.
APLD Wall Street View
12-month price targets
The price, $18.05, sits below every analyst's target.
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Oct 8, 2026 | Wells Fargo | Maintains | Overweight |
| Oct 8, 2026 | Freedom Capital Markets | Maintains | Buy |
| Oct 8, 2026 | Needham | Maintains | Buy |
| Sep 23, 2026 | UBS | Initiates | Buy |
| Sep 21, 2026 | Rothschild & Co | Initiates | Neutral |
| Sep 17, 2026 | Wells Fargo | Initiates | Overweight |
As of October 17, 2026, 15 Wall Street analysts cover APLD: 13 rate it a buy or strong buy, 2 a hold and 0 a sell or strong sell. Their 12-month price targets range from $22.00 to $93.00, with a median of $70.00, 287.8% above the price of $18.05.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
APLD trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Entry Strategies pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
APLD moves about 4.8% a day on average, so a stop can fill well past its level. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much APLD tends to move, against the market and on its own.
The long record
APLD's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
3/4Average daily move under 2% ›
The price has moved 4.83% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 82.6%, from May 2018 to October 2019, regained by December 2020.Most 1-year holds ended higher ›
70% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $12,363,013, against $42,055 in the S&P 500 (SPY).
APLD Drawdowns & Recovery
As of October 17, 2026, APLD's worst peak-to-trough fall over the last 10 years with dividends reinvested was -82.6% (May 2018 to October 2019); it regained that peak by December 2020, 14 months after the low, and 70% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into APLD in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: APLD beat the S&P 500 over this period: $12,363,013 against $42,055.
A $10,000 investment in APLD in October 2016 would be worth about $12,363,013 today with dividends reinvested, compared with about $42,055 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to APLD, and which have not.
Strongest month, May: an average of +87.39%, up in 6 of 10 years.
Weakest month, November: an average of -6.65%, up in 3 of 10 years.
This month, October: has averaged +14.79%, up in 5 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, APLD's strongest calendar month has been May (average +87.39%, up in 6 of 10 years) and its weakest November (average -6.65%, up in 3 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in APLD, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in APLD today could grow to about $30,962 by 2036 in the base case, with a 90th-percentile outcome near $234,897 and a 10th-percentile outcome around $4,081. Projections are statistical simulations, not guarantees.
APLD Stock Price Prediction: 2030
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $28.37 for APLD by 2030 in the base case, from $18.05 today (1.6x over 4 years). The 10th-percentile path ends near $7.87. These are outcomes of a Monte Carlo simulation run on APLD's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $10.65 | $20.21 | $38.36 | |
| 2028 | $9.14 | $22.63 | $56.00 | |
| 2029 | $8.35 | $25.34 | $76.87 | |
| 2030 | $7.87 | $28.37 | $102 | |
| 2031 | $7.58 | $31.76 | $133 |
Method: a lognormal simulation of APLD's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. APLD is highly volatile, so its upside column reaches an extreme multiple; treat it as a statistical tail, not an expectation.
Insider trading
What the people running the company have bought and sold.
APLD insider trading
Shares the company's directors and officers bought and sold, from their own filings.
Month by month
Open-market purchases above the line, sales below.
Insider buying: No insider bought APLD shares on the open market in the last 18 months. Sales are often planned in advance or cover tax on vesting shares, so they say less than purchases would.
As of October 17, 2026, APLD insiders reported 26 open-market sales worth $34.5M and no open-market purchases over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Oct 2, 2026 | Mohammad Saidal Lavanway Mohmand
Chief Financial Officer
|
Grant | 81.7K | - |
| Aug 4, 2026 | Richard N Nottenburg
Director
|
Sell | 75.0K | $2.3M |
| Jul 31, 2026 | Wesley Cummins
Chief Executive Officer
|
Grant | 1.6M | - |
| Jul 31, 2026 | Laura Laltrello
Chief Operating Officer
|
Grant | 600.0K | - |
| Jul 31, 2026 | Mohammad Saidal Lavanway Mohmand
Chief Financial Officer
|
Grant | 245.0K | - |
| Jul 31, 2026 | Jason Gechen Zhang
President
|
Grant | 600.0K | - |
| Jul 1, 2026 | Jason Gechen Zhang
President
|
Grant | 675.0K | - |
| Jun 22, 2026 | Wesley Cummins
Chief Executive Officer
|
Grant | 800.0K | - |
| Jun 22, 2026 | Mohammad Saidal Lavanway Mohmand
Chief Financial Officer
|
Grant | 490.0K | - |
| Apr 30, 2026 | Richard N Nottenburg
Director
|
Sell | 25.0K | $832.4K |
| Apr 27, 2026 | Douglas S Miller
Director
|
Sell | 10.0K | $349.8K |
| Apr 10, 2026 | Wesley Cummins
Chief Executive Officer
|
Grant | 100.0K | - |
| Apr 2, 2026 | Wesley Cummins
Chief Executive Officer
|
Grant | 100.0K | - |
| Apr 2, 2026 | Mohammad Saidal Lavanway Mohmand
Chief Financial Officer
|
Grant | 94.2K | - |
| Feb 6, 2026 | Mohammad Saidal Lavanway Mohmand
Chief Financial Officer
|
Grant | 250.0K | - |
| Feb 6, 2026 | Jason Gechen Zhang
President
|
Grant | 500.0K | - |
| Jan 29, 2026 | Chuck Hastings
Director
|
Sell | 46.0K | $1.8M |
| Jan 22, 2026 | Douglas S Miller
Director
|
Grant | 6.0K | - |
| Jan 16, 2026 | Wesley Cummins
Chief Executive Officer
|
Sell | 165.0K | $6.0M |
| Jan 15, 2026 | Richard N Nottenburg
Director
|
Sell | 23.6K | $834.9K |
| Jan 12, 2026 | Douglas S Miller
Director
|
Sell | 10.0K | $385.4K |
| Jan 6, 2026 | Wesley Cummins
Chief Executive Officer
|
Grant | 1.5M | - |
| Nov 28, 2025 | Douglas S Miller
Director
|
Sell | 8.0K | $215.8K |
| Nov 25, 2025 | Jason Gechen Zhang
Officer
|
Grant | 170.0K | - |
| Nov 24, 2025 | Ella G Benson
Director
|
Sell | 8.6K | $199.3K |
| Nov 7, 2025 | Ella G Benson
Director
|
Grant | 7.7K | - |
| Nov 7, 2025 | Chuck Hastings
Director
|
Grant | 7.7K | - |
| Nov 7, 2025 | Rachel H Lee
Director
|
Grant | 7.7K | - |
| Nov 7, 2025 | Douglas S Miller
Director
|
Grant | 7.7K | - |
| Nov 7, 2025 | Richard N Nottenburg
Director
|
Grant | 7.7K | - |
| Oct 31, 2025 | Chuck Hastings
Director
|
Sell | 75.0K | $2.6M |
| Oct 31, 2025 | Richard N Nottenburg
Director
|
Sell | 14.4K | $510.7K |
| Oct 29, 2025 | Ella G Benson
Director
|
Sell | 42.6K | $1.5M |
| Oct 28, 2025 | Mohammad Saidal Lavanway Mohmand
Chief Financial Officer
|
Sell | 137.5K | $4.8M |
| Oct 24, 2025 | Richard N Nottenburg
Director
|
Sell | 34.4K | $1.1M |
| Oct 24, 2025 | Rachel H Lee
Director
|
Sell | 24.2K | $803.9K |
| Oct 3, 2025 | Wesley Cummins
Chief Executive Officer
|
Grant | 100.0K | - |
| Oct 3, 2025 | Mohammad Saidal Lavanway Mohmand
Chief Financial Officer
|
Grant | 94.2K | - |
| Sep 3, 2025 | Wesley Cummins
Chief Executive Officer
|
Sell | 400.0K | $6.1M |
| Sep 3, 2025 | Mohammad Saidal Lavanway Mohmand
Chief Financial Officer
|
Sell | 75.0K | $1.1M |
| Sep 3, 2025 | Richard N Nottenburg
Director
|
Sell | 20.0K | $305.2K |
| Aug 12, 2025 | Chuck Hastings
Director
|
Sell | 30.0K | $441.9K |
| Aug 8, 2025 | Richard N Nottenburg
Director
|
Sell | 11.3K | $160.0K |
| Aug 8, 2025 | Jason Zhang
Officer
|
Grant | 750.0K | - |
| Aug 7, 2025 | Douglas S Miller
Director
|
Sell | 10.0K | $150.0K |
| Aug 5, 2025 | Wesley Cummins
Chief Executive Officer
|
Grant | 83.3K | - |
| Aug 5, 2025 | Mohammad Saidal Lavanway Mohmand
Chief Financial Officer
|
Grant | 41.7K | - |
| Aug 4, 2025 | Chuck Hastings
Director
|
Sell | 100.0K | $1.3M |
| Aug 4, 2025 | Richard N Nottenburg
Director
|
Sell | 13.7K | $171.1K |
| Aug 4, 2025 | Douglas S Miller
Director
|
Sell | 10.0K | $136.3K |
| May 21, 2025 | Rachel H Lee
Director
|
Sell | 24.2K | $169.5K |
| May 16, 2025 | Ella G Benson
Director
|
Sell | 18.2K | $118.6K |
Source: TwelveData, from SEC Form 4 filings
Questions people ask
Answered from the figures on this page, as of October 17, 2026.