Applied Digital Corp. (NASDAQ:APLD) is scheduled to report its fiscal second-quarter 2026 financial results on Wednesday after the closing bell. Here's a look at what investors will be watching in the report and commentary from executives. APLD stock is climbing. See the chart and price action here. Key Estimates & FinancialsWall Street is looking for significant top-line growth as Dallas-based Applied Digital begins to recognize more revenue from its AI-focused data centers and tenant fit-out services.Anal ...

Group 1 - The discussion among investors indicates a mixed sentiment regarding the potential formation of an AI stock bubble, yet many remain optimistic about the industry's future [1][2] - Applied Digital (NASDAQ: APLD), a developer of data centers for AI computing workloads, has seen a significant increase in demand for its stock, with shares rising over 208% in the past year and 1,430% over the past three years [3][5] - The company's data centers are critical for AI computing, providing high-performance computing infrastructure that supports hyperscalers, which are essential for AI applications [7] Group 2 - Applied Digital has secured a lease agreement with CoreWeave for its Polaris Forge 1 campus, providing 400 megawatts of data center infrastructure, with expected lease revenue of approximately $11 billion [8] - The company is also in advanced negotiations with another investment-grade hyperscaler for multiple campuses, indicating ongoing growth and expansion opportunities [9]

Core Viewpoint - Applied Digital (APLD) is transitioning from development to revenue generation, focusing on AI infrastructure and capitalizing on the growing demand in this sector [1][5] Company Summary - APLD has commenced operations at Polaris Forge 1 and is constructing new AI campuses, which are essential for its revenue generation strategy [1] - The company's projected revenue for 2026 is $281 million, reflecting a year-over-year growth of nearly 27% [3][5] - APLD's market capitalization is approximately $8.47 billion, with a trading volume of 30.07 million shares [4] Industry Summary - The broader industry environment is favorable, with hyperscalers investing $350 billion annually in AI infrastructure [3] - Despite the positive outlook, there is a limited supply of GPU-ready data centers, which may challenge APLD's execution capabilities in the hyperscale data center market [4]

Applied Digital ( APLD ) stock has seen quite the upward trend in recent times. Towards the latter half of 2025, around mid-October, shares reached the $37 mark. Now, shares have come down quite a bit and can be picked up in the $30 range after theI hold a Master’s degree in Cell Biology and began my career working for several years as a lab technician in a drug discovery clinic, where I gained extensive hands-on experience in cell culture, assay development, and therapeutic research. That scientific founda ...

Core Viewpoint - Applied Digital Corporation (NASDAQ: APLD) is experiencing a significant upward trend in its consensus price target, indicating growing optimism among analysts regarding the company's future performance [1][6]. Price Target Trends - The average price target for APLD has increased from $34.64 a year ago to $45 last month, reflecting a strong upward trend in analyst expectations [4][6]. - In the last quarter, the average price target was $40.5, showing a steady increase and indicating growing optimism about the company's prospects [3]. Revenue Growth Potential - Analysts are optimistic about APLD's potential revenue growth in 2026, driven by increasing demand from hyperscalers and the operational status of Polaris Forge 1 [2]. - The company's lease revenue is expected to significantly enhance its top line, bolstered by a new contract [3]. Strategic Initiatives - The increase in the consensus price target can be attributed to the company's strategic initiatives and its focus on high-performance computing and artificial intelligence industries [5]. - The rebranding from Applied Blockchain, Inc. to Applied Digital Corporation in November 2022 may have contributed to a renewed focus and positive outlook from analysts [5]. Upcoming Earnings - The upcoming release of fiscal 2026 Q2 results is highly anticipated by investors and analysts, as it will provide insights into the company's financial performance and future prospects [4].

Key Takeaways APLD is moving from development to revenues as Polaris Forge 1 begins operations and new AI campuses scale.Zacks Consensus Estimate pegs APLD's 2026 revenue at $280.9M, implying 26.99% year-over-year growth.APLD's ability to convert new AI campuses into revenue will be tested as multiple sites scale simultaneously.Applied Digital (APLD) stands at a pivotal juncture as its expanding AI infrastructure portfolio transitions from development to revenue generation. With Polaris Forge1 beginning ope ...

As the first full week of 2026 kicks off, the earnings calendar features a mix of early reports in the cannabis, AI infrastructure and consumer goods sectors.TLRY stock has been moving. See the chart and other details here. Investors are looking for clues on how companies are navigating a complex start to the year, marked by geopolitical shifts in South America and the massive CES 2026 tech conference in Las Vegas.Monday and Tuesday will pass with no notable reports to watch. Read Next: What To Expect At CE ...

Company Overview - Applied Digital Corporation operates in the technology infrastructure market, focusing on digital infrastructure for high-demand computing applications, particularly supporting AI and HPC workloads through specialized data centers and cloud services [5] - The company generates revenue through infrastructure services for crypto mining, GPU computing solutions, and the design, construction, and management of data centers, serving enterprise clients in AI, machine learning, and HPC sectors across North America [6] Financial Performance - As of September 30, Applied Digital reported a revenue of $64.2 million for the fiscal third quarter, reflecting an 84.3% year-over-year increase [10] - The company has a market capitalization of $6.34 billion and a total revenue of $219.02 million for the trailing twelve months (TTM), with a net loss of $225.71 million [4] Stock Performance - As of November 13, shares of Applied Digital were priced at $23.06, which is a 221.6% increase over the past year [3] - The stock has gained 231.4% over the last year, significantly outperforming the S&P 500 index's 17.7% return and the Nasdaq Composite's 20% [9] Investment Activity - Hood River Capital Management LLC sold 812,377 shares of Applied Digital during the third quarter, reducing its position by 3.7%, while the remaining stake stands at 21,046,654 shares valued at $482.8 million, representing 5.7% of the fund's assets under management [2][3][9]

Key Points Applied Digital builds data center campuses for cloud and AI companies. Nebius provides customized AI infrastructure services for a wide range of industries. One of these companies is growing faster and trading at more attractive valuations. 10 stocks we like better than Applied Digital › Applied Digital (NASDAQ: APLD) and Nebius (NASDAQ: NBIS) represent two distinct investment options in the rapidly growing artificial intelligence (AI) market. Applied Digital builds data center campuse ...

Core Insights - Applied Digital (APLD) is restructuring its operations to focus on high-performance compute hosting, supported by long-term leases and a sustainable financing model [1] - The company operates two segments: a legacy Data Center Hosting Business and a High-Performance Compute Hosting Business, with the latter being the main growth driver [1] Segment Developments - At the Polaris Forge 1 campus, the expansion has reached a fully leased capacity of 400 MW with CoreWeave as the sole tenant, with lease revenue expected to start from late 2025 [2] - Polaris Forge 2 is under construction, with an initial capacity of 300 MW expected to be operational by 2026, and a U.S. investment-grade hyperscaler has leased 200 MW [2] Funding and Construction - APLD is utilizing asset-level financing structures to minimize corporate dilution, having drawn $112.5 million from a preferred equity facility and secured $50 million in equipment financing [3] - The company has 700 MW under construction across its campuses, with a targeted build cycle of 12 to 14 months [3] Revenue Transition - Current revenues are primarily from low-margin tenant fit-outs, but as facilities become operational, revenue will shift to multi-year lease agreements, enhancing earnings visibility [4] - APLD anticipates approximately $11 billion in contracted lease revenues from Polaris Forge 1 and about $5 billion from Polaris Forge 2 over 15 years [5] Financial Projections - The Zacks Consensus Estimate for fiscal 2026 revenues is $280.9 million, indicating a 30.4% growth from fiscal 2025, with an expected loss of 31 cents per share [6] - APLD's stock has increased by 187.1% over the past year, significantly outperforming the broader Zacks Finance sector [7] Competitive Landscape - APLD faces competition from major data center operators like Equinix, emphasizing the need for speed and innovative cooling designs in AI-focused infrastructure [8] - The company is transitioning from low-margin fit-outs to multi-year leases, with a total of $16 billion in leases across its Polaris Forge campuses [8]