Core Insights - Roundhill Investments is launching the Roundhill MEME ETF on the NYSE under the symbol MEME, aimed at capturing the retail-driven meme stock phenomenon [1] - The ETF's largest holdings include Opendoor Technologies Inc, Plug Power Inc, and Applied Digital Corp, which have shown significant volatility due to retail investor enthusiasm [2] - The MEME ETF serves as a strategic tool for investors interested in momentum-driven trades or hedging against short positions, appealing to those looking to capitalize on trends influenced by retail investors [3] ETF Performance - The current price of the MEME ETF is $9.81, reflecting a 1.9% decrease, with a trading range today between $9.66 and $10.06 and a trading volume of 1,053,063 shares [4] - Over the past year, the ETF has experienced a high of $43.20 and a low of $5.72, with a market capitalization of approximately $714.541 million [4]

Core Insights - Applied Digital Corporation is expected to report a quarterly loss of 16 cents per share for Q1, compared to a loss of 15 cents per share a year ago, with projected revenue of $45.46 million, down from $60.70 million a year earlier [1] Group 1: Earnings Expectations - The company will release its earnings results on October 9, with analysts forecasting a quarterly loss of 16 cents per share [1] - Projected quarterly revenue is $45.46 million, a decrease from $60.70 million in the same quarter last year [1] Group 2: Expansion Plans - On August 18, the company announced plans to begin construction on a $3 billion AI data campus in Harwood, North Dakota, named Polaris Forge 2 [2] - The facility will have a capacity of 280 megawatts and is expected to start operations in 2026, reaching full capacity by early 2027 [2] - Following the announcement, Applied Digital shares increased by 4.5%, closing at $27.71 [2] Group 3: Analyst Ratings - HC Wainwright & Co. analyst Kevin Dede maintained a Buy rating and raised the price target from $15 to $20 [8] - Lake Street analyst Rob Brown also maintained a Buy rating, increasing the price target from $14 to $18 [8] - Needham analyst John Todaro raised the price target from $12 to $16 while maintaining a Buy rating [8] - B. Riley Securities analyst Nick Giles increased the price target from $8 to $15, maintaining a Buy rating [8] - JMP Securities analyst Greg Miller maintained a Market Outperform rating and raised the price target from $12 to $18 [8]

Core Insights - Applied Digital Corporation has secured initial funding of $112.5 million from Macquarie Asset Management as part of a larger $5.0 billion perpetual preferred equity financing facility to support the development of its AI Factory campus in Ellendale, North Dakota [1][2][4] - The 400MW capacity currently under construction at Polaris Forge 1 has been leased to CoreWeave, indicating strong demand for AI and HPC capacity [2][5] - The partnership with Macquarie is expected to significantly reduce the equity contribution requirements for future development projects, allowing the company to focus on scaling its operations without additional equity input [3][4] Financial and Operational Highlights - The funding will be utilized to complete the buildout of the 400MW campus, cover general and administrative expenses, and manage transaction costs [2][5] - The financing structure is designed to provide the necessary capital to fully deliver Polaris Forge 1 and facilitate the scaling of future campuses [5] - The company aims to leverage Macquarie's expertise to enhance its balance sheet and accelerate the development of its AI Factory platform, positioning itself as a leading developer in the U.S. [4][5] Strategic Positioning - The demand for AI and high-performance computing (HPC) capacity is increasing, and Applied Digital is positioned to become a valuable partner for hyperscale customers due to its unique portfolio of power availability [5] - The company has been recognized as the Best Data Center in the Americas for 2025, highlighting its competitive edge in the industry [7]

Applied Digital just secured billions in additional long-term contracts. Find out why analysts believe this AI infrastructure stock still has big upside ahead.Applied Digital (APLD 0.21%) is shifting from blockchain hype to AI infrastructure, securing $11 billion in long-term contracts with CoreWeave while building Polaris Forge, a massive AI-focused campus. Analysts now rate APLD a strong buy with a $30 target.*Stock prices used were the market prices of Sept. 30, 2025. The video was published on Oct. 4, 2 ...

Core Insights - Applied Digital Corporation is set to report a quarterly earnings loss of $0.11 per share, with projected revenue of approximately $45.5 million on October 9, 2025 [1][6] Financial Metrics - The company has a negative price-to-earnings (P/E) ratio of -23.1, indicating it is not currently profitable [3][6] - A high price-to-sales ratio of 32.17 suggests that investors are willing to pay over 32 times the company's sales per share, reflecting high expectations despite lack of profitability [3][6] - The enterprise value to sales ratio stands at 35.24, indicating a high valuation relative to sales [4][6] - The enterprise value to operating cash flow ratio is significantly negative at -65.81, highlighting difficulties in generating cash flow from operations [4] - A negative earnings yield of -4.33% further underscores the company's profitability challenges [4] - The debt-to-equity ratio is 1.41, indicating a higher level of debt compared to equity [5][6] - The current ratio is 0.77, suggesting potential liquidity issues as it is below the standard threshold of 1 [5]

Company Overview - Applied Digital has undergone several name changes, starting as Applied Science Products in 2021, then becoming Applied Blockchain, and finally rebranding to Applied Digital in 2022 [3] - The company specializes in designing, building, and operating high-performance, sustainably engineered data centers and colocation services, particularly for artificial intelligence, cloud, networking, and blockchain workloads [3] Investment Performance - An investment of $10,000 in Applied Digital shares in early October 2022 would have grown to approximately $144,500, reflecting an average annual growth rate of 144% [2] - In comparison, the S&P 500 index, which includes 500 of America's largest companies, averaged gains of 24% during the same period, turning $10,000 into $19,000 [2] Industry Context - The demand for data centers is significantly increasing due to the growing use of artificial intelligence, which bodes well for the future of Applied Digital [3] - Applied Digital has been recognized as the "Best Data Center in the Americas 2025" by Datacloud, highlighting its competitive position in the industry [3]

Core Insights - Applied Digital (NASDAQ: APLD) has experienced a significant stock increase of approximately 250% year to date, indicating strong market interest and potential for further growth [1] Company Performance - The stock surged in early June following a deal to provide 250 megawatts of data center capacity to AI hyperscaler CoreWeave, projected to generate around $7 billion in revenue over 15 years [3] - Applied Digital is also positioned to benefit from Microsoft's recent multibillion-dollar deal for additional data center capacity, suggesting a growing demand for its services [3] Industry Context - Hyperscalers like CoreWeave and Microsoft face challenges in securing data center capacity rather than chip access, with potential future shortages due to power constraints [4] - Applied Digital has secured power sources for its data centers, enhancing its competitive advantage in a market where power availability is becoming increasingly critical [4] Future Outlook - The CEO of Applied Digital, Wes Cummins, projects the company could achieve $1 billion in operating profit within the next three to five years, indicating strong future profit potential [5] - The current market capitalization of Applied Digital stands at $7 billion, suggesting the stock may be undervalued relative to its future earnings potential [5]

Core Insights - Applied Digital Corporation (NASDAQ:APLD) is recognized for its digital infrastructure solutions, including data center hosting, GPU computing, and high-performance computing services for AI, machine learning, and crypto mining [1] - The company is currently not profitable, which raises concerns among investors, as highlighted by Jim Cramer, who suggests that NVIDIA is a more profitable alternative in the same business [1] - Despite its lack of profitability, APLD is considered a speculative investment due to the growing demand for high-performance computing [1] Company Overview - Applied Digital Corporation specializes in providing digital infrastructure solutions, focusing on data center hosting and high-performance computing services [1] - The company designs and manages data centers to support advanced computing applications, which are increasingly in demand due to trends in AI and crypto mining [1] Market Position - Jim Cramer has expressed skepticism about APLD's profitability, suggesting that investors might be better off investing in more established companies like Salesforce [1] - The commentary indicates that while APLD has potential, other AI stocks may offer better upside potential with less risk [1]

Group 1: Company Performance and Analyst Ratings - Arista Networks Inc. is performing well, with a Buy rating maintained by Needham analyst Ryan Koontz and a price target increase from $155 to $160 [1] - Applied Digital Corporation is considered intriguing but is currently losing a significant amount of money [1] - Resideo Technologies, Inc. is viewed as an interesting idea but has already experienced a substantial price movement [2] Group 2: Earnings and Financial Results - Applied Digital will hold a conference call on October 9 to discuss its operations and financial results for the fiscal first quarter ended August 31 [2] Group 3: Stock Price Movements - Arista Networks shares increased by 0.6% to close at $143.37 [3] - Applied Digital shares rose by 3.6% to settle at $22.94 [3] - Resideo Technologies shares gained 2.8% to close at $43.18 [3] - Sprouts Farmers Market shares fell by 0.6% to settle at $108.80 [3]

We came across a bullish thesis on Applied Digital Corporation on Value investing subreddit by GloriousLebron. In this article, we will summarize the bulls’ thesis on APLD. Applied Digital Corporation's share was trading at $19.83 as of September 17th. APLD’s forward P/E was 526.32 according to Yahoo Finance. Western Digital Corporation (NASDAQ:WDC) Positioned for Growth as AI Data Demand Surges, Analysts Maintain Outperform Rating with $85 Price Target Applied Digital (APLD) has rapidly transformed from ...