This is What Wall Street Thinks About Applied Digital Corp. (APLD)

Group 1 - Applied Digital Corp. (NASDAQ:APLD) is considered a strong buy stock, with Northland reiterating an Outperform rating and setting a $40 price target for 2026, indicating a strategic position to outperform peers next year [1] - The company announced a non-binding term sheet for a proposed business combination with EKSO Bionics Holdings, aiming to create ChronoScale Corporation, a platform focused on AI workloads [2] - The separation of the accelerated compute platform from its data center business will allow for independent scaling and increased operational flexibility [3] Group 2 - Applied Digital Corp. operates in the technology sector, providing data center development and operations, divided into Data Center Hosting and HPC Hosting Business segments [4]