APLD Trades Higher Than Industry at 13.5X P/S: Is the Stock a Buy?

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 ...