Applied Digital Corporation (APLD)

Applied Digital Stock Forecast

Stock Price Forecast

According to 11 professional analysts, the 12-month price target for Applied Digital stock ranges from a low of $7.00 to a high of $43. The average analyst price target of $29.36 forecasts a -5.96% decrease in the stock price over the next year.

Price Target: $29.36 (-5.96%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.00	$29.36	$37	$43
Change	-77.58%	-5.96%	+18.51%	+37.73%

* Price targets were last updated on Oct 29, 2025.

Analyst Ratings

The average analyst rating for Applied Digital stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	7	8	8	8	7	7
Buy	3	3	3	3	3	3
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	12	12	12	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Todaro Needham	Needham	Strong Buy Reiterates $41	Strong Buy	Reiterates	$41	+31.33%	Oct 29, 2025
George Sutton Craig-Hallum	Craig-Hallum	Strong Buy Maintains $37 → $39	Strong Buy	Maintains	$37 → $39	+24.92%	Oct 23, 2025
Mike Grondahl Northland Capital Markets	Northland Capital Markets	Buy Maintains $30 → $40	Buy	Maintains	$30 → $40	+28.12%	Oct 10, 2025
Rob Brown Lake Street	Lake Street	Strong Buy Maintains $18 → $37	Strong Buy	Maintains	$18 → $37	+18.51%	Oct 10, 2025
Kevin Dede HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $20 → $40	Strong Buy	Maintains	$20 → $40	+28.12%	Oct 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

308.43M

Increased by 113.90%

from 144.19M

Revenue Next Year

528.28M

Increased by 71.28%

from 308.43M

EPS This Year

-0.39

from -1.16

EPS Next Year

-0.33

from -0.39

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	May 31, 2021	May 31, 2022	May 31, 2023	May 31, 2024	May 31, 2025	May 31, 2026	May 31, 2027
Revenue	-	8.55M	55.39M	136.62M	144.19M	308.43M	528.28M
Revenue Growth	-	-	547.94%	146.64%	5.55%	113.90%	71.28%
EPS	-0.38	-0.41	-0.48	-1.31	-1.16	-0.39	-0.33
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	13	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	368.0M	628.4M
Avg	308.4M	528.3M
Low	210.0M	370.1M

Revenue Growth

Revenue Growth	2026	2027	2028
High	155.2%	103.7%
Avg	113.9%	71.3%
Low	45.7%	20.0%

EPS Forecast

EPS	2026	2027	2028
High	-0.09	0.07
Avg	-0.39	-0.33
Low	-0.75	-1.11

EPS Growth

EPS Growth	2026	2027	2028
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.