Applied Digital Jumps 122% Year to Date: Buy, Sell or Hold the Stock?

Key Takeaways APLD shares have surged 122.2% YTD, far outpacing the sector and peers like Riot Platforms and Equinix. Polaris Forge 1 aims to deliver 400 MWs to CoreWeave, with $11B in anticipated lease revenues. APLD faces widening 2026 loss estimates and trades at a steep premium to industry peers. Applied Digital (APLD) shares have appreciated 122.2% year to date (YTD) compared with the broader Zacks Finance sector’s return of 12.1% and the Zacks Financial – Miscellaneous Services industry’s return of 3. ...