Applied Digital Corporation (NASDAQ:APLD) Given Average Rating of “Buy” by Brokerages

Applied Digital Corporation (NASDAQ:APLD) has been assigned a consensus rating of “Buy” from the fifteen research firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $37.00.

A number of research firms have recently issued reports on APLD. Roth Mkm reiterated a “buy” rating on shares of Applied Digital in a research note on Tuesday. Freedom Capital upgraded Applied Digital to a “strong-buy” rating in a report on Tuesday, January 6th. B. Riley Financial increased their price objective on shares of Applied Digital to $53.00 and gave the company a “buy” rating in a research report on Friday, January 9th. Arete Research started coverage on shares of Applied Digital in a research report on Wednesday, January 7th. They set a “buy” rating on the stock. Finally, Texas Capital upgraded shares of Applied Digital to a “strong-buy” rating in a research note on Tuesday, January 20th.

Key Stories Impacting Applied Digital

Here are the key news stories impacting Applied Digital this week:

• Positive Sentiment: Broader AI spending trends remain a potential tailwind for Applied Digital’s neocloud/data‑center business — analysts expect large increases in AI infrastructure budgets in 2026 that could support long‑term demand for specialized cloud capacity. AI Spending Is Poised to Hit $700 Billion in 2026
• Neutral Sentiment: Short‑interest reports show anomalous/zero values and a 0.0 days-to-cover reading (likely a data/reporting glitch), so there’s no clear evidence of a rising coordinated short position driving the move. Monitor later filings for a reliable signal.
• Neutral Sentiment: Commentary about volatility and “volatile stocks” highlights that APLD’s high beta makes it prone to sharp swings — this is a reminder that both downside and upside moves can be amplified regardless of fundamentals. 3 Volatile Stocks That Fall Short
• Negative Sentiment: NVIDIA sold its Applied Digital position in its Q4 13F filing and publicly exited an ARM stake — the sale of APLD was highlighted by multiple outlets and is being read as reduced institutional confidence relative to NVIDIA’s continued holdings in other neocloud peers. That 13F disclosure triggered selling pressure and negative sentiment around APLD. NVIDIA’s 13F Bombshell: A New AI Power Trio Emerges
• Negative Sentiment: Market articles reporting that APLD dropped after NVIDIA’s disposal amplified the move; news pieces cited a multi‑day losing streak and direct links between NVIDIA’s divestiture and APLD’s decline. Applied Digital (APLD) Loses 4.9% as Nvidia Disposes of Shares MSN: Applied Digital loses 4.9%

Applied Digital Stock Down 7.9%

Shares of NASDAQ APLD opened at $29.04 on Friday. The stock has a fifty day moving average price of $32.01 and a 200 day moving average price of $27.02. The company has a current ratio of 4.82, a quick ratio of 4.82 and a debt-to-equity ratio of 1.79. Applied Digital has a 12-month low of $3.31 and a 12-month high of $42.27. The company has a market cap of $8.12 billion, a P/E ratio of -53.78 and a beta of 7.25.

Insider Activity

In related news, Director Richard N. Nottenburg sold 12,000 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $35.45, for a total value of $425,400.00. Following the transaction, the director owned 233,378 shares in the company, valued at approximately $8,273,250.10. The trade was a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Chuck Hastings sold 45,987 shares of the stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $38.57, for a total value of $1,773,718.59. Following the completion of the transaction, the director directly owned 388,372 shares of the company’s stock, valued at $14,979,508.04. This represents a 10.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 244,593 shares of company stock valued at $9,003,278. Corporate insiders own 9.50% of the company’s stock.

Institutional Investors Weigh In On Applied Digital

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of Applied Digital by 36.4% during the fourth quarter. Vanguard Group Inc. now owns 24,168,082 shares of the company’s stock worth $592,601,000 after buying an additional 6,445,908 shares in the last quarter. Value Aligned Research Advisors LLC bought a new position in Applied Digital during the 4th quarter valued at $138,380,000. Situational Awareness LP boosted its stake in Applied Digital by 87.0% during the 4th quarter. Situational Awareness LP now owns 11,339,060 shares of the company’s stock valued at $278,034,000 after acquiring an additional 5,274,905 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in Applied Digital by 24,356.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 5,219,565 shares of the company’s stock worth $52,561,000 after acquiring an additional 5,198,223 shares in the last quarter. Finally, Marex Group plc increased its position in shares of Applied Digital by 38,484.6% in the 4th quarter. Marex Group plc now owns 3,904,759 shares of the company’s stock worth $95,745,000 after purchasing an additional 3,894,639 shares during the last quarter. 65.67% of the stock is currently owned by hedge funds and other institutional investors.

Applied Digital Company Profile

Applied Digital (NASDAQ: APLD) is a technology company specializing in the development and operation of large-scale digital infrastructure and sustainable Bitcoin mining solutions. Through its integrated platform, the company designs, builds and manages turnkey data center facilities while also providing comprehensive hosting services for cloud, colocation and enterprise computing needs. Applied Digital’s modular approach to facility design enables rapid deployment of capacity and streamlined integration of power, cooling and network connectivity.

In addition to its data center business, Applied Digital operates a network of Bitcoin mining sites that leverage vertically integrated capabilities, including hardware procurement, mining farm engineering, energy management and real-time performance monitoring.