Applied Digital (US:APLD) The Motley Fool·2026-01-23 23:08Company Overview - Applied Digital (APLD) is a next-generation artificial intelligence (AI) data center operator that has seen significant stock growth, closing at $37.69, up 8.49% [2][6] - The company has experienced over 700% growth since its IPO in 2022 [3] Recent Developments - Applied Digital has begun construction on a new "AI Factory," named Delta Forge 1, which is expected to have a capacity of 430MW and start operations in mid-2027 [6] - The announcement of the new AI factory reflects strong demand for purpose-built AI infrastructure [2][6] Market Performance - Trading volume for Applied Digital reached 47.5 million shares, which is approximately 52% above its three-month average of 30.1 million shares [3] - The stock has gained over 300% in the past year, indicating strong investor interest despite some analysts suggesting profit-taking [6] Analyst Ratings - Texas Capital upgraded Applied Digital's stock from "Buy" to "Strong Buy," while Roth Capital and Needham reiterated their "Buy" ratings [7]