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 $34.24, down 6.55% from the previous day, and has increased 330.69% in one year. It has overperformed other stocks in the Capital Markets industry by 3.19 percentage points. Applied Digital stock is currently +934.44% from its 52-week low of $3.31, and -14.83% from its 52-week high of $40.20.
As of Oct 17, 2025, there are 279.69M APLD shares outstanding. The market capitalization of APLD is $9.58B. In the last 24 hours, 30.39M 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.
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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 9.17x, relative to Capital Markets industry P/B ratio of 2.86x
You can access additional valuation research on APLD's stock here.
APLD Financial Health Overview
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the APLD balance sheet.
Negative Financial Indicators:
- APLD has $73.91M in cash and short term investments. This is not sufficient to cover its annual cash burn of $972.76M.
- APLD has cash burn of 972760000. It does not have sufficient cash and short-term investments to cover this.
- APLD profit margin has gone down from -96.7% to -113.2% in the past year.
- APLD has a relatively high debt to equity ratio of 1.24.
- There are more short-term liabilities than short-term assets on the APLD balance sheet.
Is it a good time to buy APLD stock, according to Wall Street analysts?
Out of 10 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
Greg Miller, a top 14% analyst from JMP Securities maintains APLD with a buy rating and raises their APLD price target from $18.00 to $35.00, on Oct 9, 2025.
JMP Securities's Greg Miller raised their price target on Applied Digital (NASDAQ: APLD) by 94.4% from $18 to $35 on 2025/10/09. The analyst maintained their Buy rating on the stock.
Applied Digital reported its Q1 2026 earnings.
Miller noted the quarter came in ahead of expectations because of a one-time revenue contribution.
However, the analyst added that the results will have little to no impact on the stock's valuation, which is now almost entirely based on the company's existing and future leasing activity to AI-focused hyperscale customers.
Earnings Report
For Q1 2026, Applied Digital reported:
- Loss per share of $0.11, which met the Zacks Consensus Estimate but missed Q1 2025's $(0.03).
- Revenue of $64.22M, which beat the Zacks Consensus Estimate by 49.46% and Q1 2025's $60.7M.
Management did not provide financial guidance in its press release.
Chairman & CEO Wes Cummins commented: “With hyperscalers expected to invest approximately $350 billion into AI deployment this year, we believe we are in a prime position to serve as the modern-day picks and shovels of the intelligence era.
"We believe Applied Digital is poised to capitalize on a generational opportunity.
"With a multi-GW pipeline, active and increasing hyperscaler interest, and long-term contracted visibility, we are positioned to scale rapidly at a moment when demand for advanced infrastructure is reaching unprecedented levels worldwide.
"We believe we are on a projected annualized NOI run rate of approximately $500 million once Polaris Forge 1 is fully operational.
"The tenant signing at our second campus should put us firmly on the path toward our $1 billion NOI target within the next five years.
"At this trajectory, we believe we are positioned to become a leading force in the future of AI infrastructure and on track to evolve into the next AI-focused data center REIT as the business continues to mature."
Darren Aftahi, a top 21% analyst from Roth Capital maintains APLD with a strong buy rating and raises their APLD price target from $24.00 to $43.00, on Oct 1, 2025.
An analyst from Craig-Hallum maintains APLD with a buy rating and raises their APLD price target from $12.00 to $23.00, on Aug 18, 2025.
Ed Engel, a top 31% analyst from Compass Point upgrades APLD to a strong buy rating and maintains their APLD price target from $13.00 to $13.00, on Jul 25, 2025.
Joe Flynn, a top 40% analyst from Compass Point downgrades APLD to a hold rating and raises their APLD price target from $10.00 to $13.00, on Jun 9, 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 $219.02M. Over the past three year, APLD's revenue has increased by 236.06% per year. This was faster than the Capital Markets industry average of 21.39%.
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.
Wes Cummins, CEO Chairman of APLD, was the latest APLD insider to sell. They sold $2,675,013.00 worth of APLD stock on Oct 10, 2025.
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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