Applied Digital Aktie News

While the robustly improving outlook for AI-driven demand, revenue, and earnings sparked the 30% October increase in share prices, short interest made the movement so significant.

With its recent price-to-sales ratio of 38, Applied Digital (APLD 15.71%) certainly looks like its shares are overvalued. So is it too late to invest in the company?

This has been an outstanding year for more than a few technology stocks. Unfortunately, stocks that rise quickly tend to come back to earth just as quickly.

Applied Digital stocks surged 16% Friday after the company posted strong first-quarter revenue results. The company expanded on its $7 billion lease agreement for artificial intelligence data centers with CoreWeave.

Shares of Applied Digital (APLD) soared more than 20% Friday morning after the artificial intelligence (AI) data center service provider posted better-than-expected sales on rising demand.

Applied Digital Corp is surging on the Q1 report: revenue came in $14.2M higher than expected, and Polaris Forge 2 is under construction, bringing more capacity to lease out. The CoreWeave deal is more than priced into the stock, but we're now expecting room for new contract wins with a build-out of capacity, which reverses our bearish sentiment. We were bearish on the stock based on our belief...

Applied Digital (APLD) posted Q1 revenue of $64.2 million, up 84% YoY and beating estimates by 28%.

This week marked the start of earnings season with several major companies reporting results, including Delta Air Lines and PepsiCo, while the big banks like JPMorgan Chase, Citigroup, and Wells Fargo are set to report next week. Investors are closely watching these early reports for cues on the broader economic landscape amid ongoing uncertainties.