Applied Digital Corporation (ADC) is a North American firm specializing in digital infrastructure and cloud-based solutions, primarily serving the high-performance computing (HPC) and artificial intelligence (AI) sectors.
Applied Digital stock last closed at $46.27, down 0.43% from the previous day, and has increased 300.61% in one year. It has overperformed other stocks in the Capital Markets industry by 2.92 percentage points. Applied Digital stock is currently +412.97% from its 52-week low of $9.02, and -8.78% from its 52-week high of $50.73.
As of Jun 16, 2026, there are 285.77M APLD shares outstanding. The market capitalization of APLD is $13.22B. In the last 24 hours, 20.75M 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.
A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 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.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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 Price
$46.27
1w %
10.4%
1y %
300.61%
5y %
588.54%
P/E
-62.53x
P/B
8.36x
P/S
36.69x
PEG
N/A
Revenue
$355.46M
Earnings
-$192.38M
Fore. Rev. Growth
41.97%
Fore. Earn. Growth
N/A
Market Cap
$13.22B
Next Earnings
Jul 29, 2026
Next Dividend
N/A
APLD Fundamentals
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in less time.
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 9 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 5% analyst from Citizens maintains APLD with a buy rating and raises their APLD price target from $40.00 to $60.00, on May 21, 2026.
Citizens's Greg Miller raised their price target on Applied Digital (NASDAQ: APLD) by 50% from $40 to $60 on 2026/05/21. The analyst maintained their Buy rating on the stock.
Miller contextualized their price target hike on Applied Digital by pointing out that the company has rapidly strengthened its position as an AI infrastructure provider after securing a fourth major 300MW contract with a high-credit customer.
That contract will drive the company's contracted lease revenue above $30B within a year, reinforcing confidence in its expanding cash flow visibility, leasing momentum, and its long-term growth potential tied to its North Dakota and Louisiana data center operations.
Greg P. Miller, a top 31% analyst from Citizens reiterates APLD with a buy rating and maintains their APLD price target from $40.00 to $40.00, on Apr 9, 2026.
Darren Aftahi, a top 20% 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.
Paul Meeks, a top 48% 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.
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 21%.
No, Applied Digital doesn't provide an income stream by paying out dividends.
What do other traders have to say about APLD?
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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:
How much does it cost to buy one Applied Digital share?
As of Jun 16, 2026, it costs $46.27 to buy one share of Applied Digital stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.216 shares of APLD.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.