Workflow
Applied Digital (APLD)
icon
Search documents
Applied Digital Finalizes Additional 150MW Lease with CoreWeave in North Dakota
Globenewswire· 2025-08-29 12:00
Core Insights - Applied Digital has finalized a new lease agreement with CoreWeave for an additional 150MW at the Polaris Forge 1 Campus, increasing total critical IT capacity to 400MW [1][2] - The total anticipated contracted lease revenue for Applied Digital is approximately $11 billion, which includes $7 billion from two initial leases executed in May [1][2] - The Polaris Forge 1 Campus is designed to scale up to 1 gigawatt and aims to harness renewable power while optimizing total cost of ownership, estimated to save $2.7 billion over 30 years [4] Lease Agreement Details - The new lease agreement will support CoreWeave's AI and high-performance computing initiatives and is expected to be operational by 2027 [2][3] - The first 100MW data center is scheduled for service in Q4 of 2025, while a second 150MW data center is under construction and expected to be operational by mid-2026 [3] Strategic Importance - The lease agreement reinforces North Dakota's role in the digital economy and positions it as a strategic destination for AI infrastructure [3] - Applied Digital aims to transform overlooked regions into innovation hubs through the development of purpose-driven AI factory campuses [5] Company Overview - Applied Digital, founded in 2021 and headquartered in Dallas, designs and operates high-performance, sustainably engineered data centers for AI, cloud, and blockchain workloads [6] - The company has been recognized as the Best Data Center in the Americas for 2025 by Datacloud [6]
APLD Trades Higher Than Industry at 13.5X P/S: Is the Stock a Buy?
ZACKS· 2025-08-26 16:41
Key Takeaways APLD secured $11B in contracted revenue through a 15-year AI infrastructure deal with CoreWeave.Polaris Forge 2, a $3B AI data center, breaks ground in September 2025 with full operations by early 2027.Fiscal Q4 revenue rose 41% YoY to $38M, driven by growing data center capacity and strong AI demand.Applied Digital (APLD) shares are overvalued, as suggested by a Value Score of F. APLD stock is trading at a significant premium with a forward 12-month Price/Sales (P/S) of 13.5X compared with th ...
Wall Street Analysts Believe Applied Digital Corporation (APLD) Could Rally 25.39%: Here's is How to Trade
ZACKS· 2025-08-26 14:55
Applied Digital Corporation (APLD) closed the last trading session at $15.95, gaining 50.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $20 indicates a 25.4% upside potential.The mean estimate comprises nine short-term price targets with a standard deviation of $5.39. While the lowest estimate of $13.00 indicates a 18.5% decline from the current price level, the most optimistic ...
Is Applied Digital Stock a Buy?
The Motley Fool· 2025-08-23 19:20
Core Insights - Applied Digital is positioning itself as a significant player in the artificial intelligence (AI) and high-performance data center sectors, indicating a strategic focus on these rapidly growing markets [1] - The company has secured billions in long-term contracts, which suggests a strong revenue foundation and potential for future growth [1] - There is strong institutional backing for Applied Digital, which may enhance its credibility and stability in the market [1] - The article suggests that Wall Street may be underestimating the company's potential, hinting at possible investment opportunities [1] Company Overview - Applied Digital is focusing on AI and data centers, aiming to reshape its future through these investments [1] - The company is described as a "sleeping giant," implying that it has untapped potential that could lead to significant returns for investors [1] Market Position - The presence of billions in long-term contracts positions Applied Digital favorably against competitors in the AI and data center industries [1] - The backing from institutional investors may provide the company with the necessary resources to expand and innovate [1]
Can Polaris Forge 2 Fuel the Next Leg of Growth for APLD Stock?
ZACKS· 2025-08-22 18:17
Key Takeaways APLD is betting big on Polaris Forge 2 to power its next growth phase amid rising AI demand.The new site follows Polaris Forge 1, which secured $11B in long-term revenues from CoreWeave.APLD's Polaris Forge 2 aims to reach full capacity by early 2027 with phased operations starting in 2026.Applied Digital’s (APLD) hyperscale hosting business remains its core growth driver, supported by rising AI infrastructure demand and expanding commitments from leading hyperscalers. Building on this momentu ...
Is Broadstone Net Lease (BNL) Stock Outpacing Its Finance Peers This Year?
ZACKS· 2025-08-22 14:40
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Broadstone Net Lease, Inc. (BNL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Broadstone Net Lease, Inc. is one of 869 companies in the Finance group. The Finance group currently sits at #2 within the Zacks ...
What's Next After A 2X Surge In Applied Digital Stock?
Forbes· 2025-08-21 14:25
Photo illustration by Cheng Xin/Getty Images Getty Images Occasionally, a company transitions from relative anonymity to becoming a focal point of a megatrend almost instantaneously, and Applied Digital (NASDAQ: APLD) serves as an exemplary case. Only a few years ago, it operated as a specialized data center business. Fast forward to 2025, and it now stands as the entity behind some of the most astonishing agreements in the AI infrastructure sector. Indeed, its stock has already more than doubled this year, ...
X @MEXC
MEXC· 2025-08-21 05:55
Applied Digital Corp. $APLD is now live on MEXC Stock Futures!✅ Lowest trading fee✅ Deep liquidity✅ Up to 5x leverage💡 Don’t just follow the market, trade the future.👇 $APLDUST Futures on MEXC ...
英伟达持仓概念股走低 CoreWeave(CRWV.US)跌超6%
Zhi Tong Cai Jing· 2025-08-19 16:10
周二,英伟达持仓概念股走低,截至发稿,NEBIUS(NBIS.US)、CoreWeave(CRWV.US)跌超6%, Recursion Pharmaceuticals(RXRX.US)跌超5%,Applied Digital(APLD.US)跌近5%,Arm Holdings(ARM.US)跌超3%。 ...
美股异动 | 英伟达持仓概念股走低 CoreWeave(CRWV.US)跌超6%
智通财经网· 2025-08-19 16:07
Group 1 - Nvidia-related stocks experienced a decline on Tuesday, with NEBIUS (NBIS.US) and CoreWeave (CRWV.US) dropping over 6% [1] - Recursion Pharmaceuticals (RXRX.US) fell more than 5%, while Applied Digital (APLD.US) decreased nearly 5% [1] - Arm Holdings (ARM.US) saw a decline of over 3% [1]