How to Buy Applied Digital Stock
Applied Digital Corp
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America.
Applied Digital stock last closed at $45.14, down 1.59% from the previous day, and has increased 494.73% in one year. It has overperformed other stocks in the Capital Markets industry by 4.86 percentage points. Applied Digital stock is currently +576.25% from its 52-week low of $6.68, and -7.59% from its 52-week high of $48.85.
As of May 26, 2026, there are 285.77M APLD shares outstanding. The market capitalization of APLD is $12.90B. In the last 24 hours, 22.55M APLD shares were traded.
How to Buy Applied Digital Stock
Not sure how to invest in Applied Digital stock? Here's how.
- Figure out where to buy Applied Digital stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Applied Digital stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Select your method of payment and add your information.
- Research Applied Digital stock: The Applied Digital ticker symbol is APLD. Is Applied Digital stock a good investment? Should you buy shares of APLD? How do APLD's underlying business fundamentals look? Do top analysts think Applied Digital is a good buy? Why has APLD's stock price moved recently? (Hint: Our stock market analysis website can help you understand if APLD is a good stock to buy).
- Make your APLD purchase: Decide if you will purchase APLD shares at the current market price or use a limit order to purchase APLD stock at a given price.
- Monitor your APLD investment: Create a watchlist to monitor your position in Applied Digital stock.
Step 1: Figure out where to buy Applied Digital stock
You will need a brokerage account to access the NASDAQ market and buy APLD stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal details so you are able to invest in APLD today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on a good stock buying app, you need to deposit funds:
Watch the video below for more details transferring funds into your brokerage account.
Step 4: Research Applied Digital stock
After you have selected the best place to buy Applied Digital stock, it's critical to research their stock before you buy, so you truly understand the risk as well as the upside.
Applied Digital shares at a glance
APLD Fundamentals
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on APLD's stock page.
How is APLD stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge APLD's intrinsic value.
Using relative valuations methods:
- APLD could be overvalued based on its P/B ratio of 8.16x, relative to Capital Markets industry P/B ratio of 2.94x
You can access additional valuation research on APLD's stock here.
APLD Financial Health Overview
Positive Financial Indicators:
- APLD has cash burn of 1785965000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the APLD balance sheet.
Negative Financial Indicators:
- APLD has a relatively high debt to equity ratio of 2.33.
- APLD profit margin has gone up by 1.08 percentage points in the past year, but the company is still unprofitable.
- There are more long-term liabilities than short-term assets on the APLD balance sheet.
- APLD has $1.93B in cash and short term investments. This is not sufficient to cover its annual cash burn of $1.79B.
Is it a good time to buy APLD stock, according to Wall Street analysts?
Out of 8 sell side analysts who research APLD, the consensus analyst rating on APLD is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent APLD Analyst Ratings
Darren Aftahi, a top 22% analyst from Roth Capital maintains APLD with a strong buy rating and raises their APLD price target from $56.00 to $58.00, on Jan 8, 2026.
Roth Capital's Darren Aftahi raised their price target on Applied Digital (NASDAQ: APLD) by 3.6% from $56 to $58 on 2026/01/08. The analyst maintained their Strong Buy rating on the stock.
Applied Digital reported its Q2 2026 earnings.
Aftahi reminded readers that they previously named Applied Digital their top pick, and said the quarter's results were better than expected.
The analyst posited that the print's most important takeaway was high demand, adding that the company is currently in advanced negotiations for 900MW of capacity across various hyperscale sites.
Aftahi said that Applied Digital is becoming a scalable, pure-play AI infrastructure landlord with 600MW already contracted, ongoing development, and investment backed by Macquarie.
Earnings Report
For Q2 2026, Applied Digital reported:
- Loss per share of $0.07, compared to Q2 20254’s loss per share of $0.66.
- Revenue of $126.6M, up 250% Y/Y.
Management did not provide EPS and revenue guidance in its press release.
Chairman & CEO Wes Cummins commented: “The Dakotas represent a compelling region for hyperscalers due to their cool climate and abundant energy.
“We believe our first-mover advantage, combined with our proven ability to execute technically complex data center construction, positions Applied Digital with a strong competitive advantage.
“Having already secured two hyperscalers in the region, inbound demand has increased meaningfully.
“We are also in advanced discussions with another investment-grade hyperscaler across multiple regions, including additional locations in the Dakotas and select southern U.S. markets.
“While there can be no assurance of future contracts, we believe we are well-positioned to begin construction in the near term on these new sites.”
Paul Meeks, a top 49% analyst from Freedom Capital Markets initiates coverage on APLD with a strong buy rating and announces their APLD price target of $36.00, on Jan 7, 2026.
Mike Grondahl, a top 6% analyst from Northland Securities maintains APLD with a buy rating and maintains their APLD price target from $40.00 to $40.00, on Dec 30, 2025.
You can dig deeper into what analysts are saying on the Applied Digital stock forecast page.
APLD Trading Indicators
APLD Earnings
Last year, APLD revenue was $355.46M. Over the past four year, APLD's revenue has increased by 331.43% per year. This was faster than the Capital Markets industry average of 22.08%.
Learn more about APLD's earnings and revenue performance here.
What are APLD insiders up to?
In the past year, insiders at APLD have sold more shares than they have bought.
Richard N. Nottenburg, Director of APLD, was the latest APLD insider to sell. They sold $432,375.00 worth of APLD stock on Apr 30, 2026.
Get more info about who owns APLD shares here.
Does APLD provide a stable income stream?
No, Applied Digital doesn't provide an income stream by paying out dividends.
What do other traders have to say about APLD?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your APLD purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you need additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your APLD investment
Now that you own some APLD stock, you'll want to stay up-to-date on your shares.
Start a watchlist to monitor your APLD stock.
APLD Feed
How to Buy Stock in Applied Digital
To summarize, here are the 6 steps for buying Applied Digital stock:
- Figure out where to buy Applied Digital stock
- Create a brokerage account
- Put funds into your brokerage account
- Research Applied Digital stock
- Make your APLD purchase
- Monitor your APLD investment
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Applied Digital, create a watchlist on WallStreetZen today.
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