Applied Digital (US:APLD) ZACKSยท2025-08-13 17:01Company Overview - Applied Digital Corporation (APLD) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance [4] Performance Metrics - APLD shares have increased by 13.42% over the past week, significantly outperforming the Zacks Financial - Miscellaneous Services industry, which rose by only 0.78% [6] - Over the past month, APLD's price change is 50.15%, compared to the industry's mere 0.35% [6] - In the last quarter, APLD shares have surged by 122.44%, and over the past year, they have skyrocketed by 278.99%, while the S&P 500 has only increased by 10.57% and 21.94% respectively [7] Trading Volume - APLD's average 20-day trading volume is 36,532,296 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, two earnings estimates for APLD have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from -$0.27 to -$0.21 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions, indicating a positive earnings outlook [10] Conclusion - Given the strong performance metrics and positive earnings outlook, APLD is positioned as a promising investment opportunity with a Momentum Score of A [12]