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NASDAQ: APLD
Applied Digital Corp Stock Forecast, Predictions & Price Target

Analyst price target for APLD

Based on 5 analysts offering 12 month price targets for Applied Digital Corp.
Min Forecast
$7.00+134.9%
Avg Forecast
$10.00+235.57%
Max Forecast
$16.00+436.91%

Should I buy or sell APLD stock?

Based on 5 analysts offering ratings for Applied Digital Corp.
Strong Buy
Strong Buy
3 analysts 60%
Buy
2 analysts 40%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their APLD stock forecasts and price targets.

APLD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-12Find Out Why
lockedlocked$00.00+00.00%2024-04-12Find Out Why
lockedlocked$00.00+00.00%2024-04-12Find Out Why
lockedlocked$00.00+00.00%2024-04-05Find Out Why
lockedlocked$00.00+00.00%2024-01-17

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Forecast return on equity

Is APLD forecast to generate an efficient return?
Company
N/A
Industry
2.53%
Market
19.57%

Forecast return on assets

Is APLD forecast to generate an efficient return on assets?
Company
N/A
Industry
0.18%

APLD revenue forecast

What is APLD's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$148.9M+3.49%
Avg 2 year Forecast
$229.1M+59.19%
Avg 3 year Forecast
$567.6M+294.43%
APLD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

APLD revenue growth forecast

How is APLD forecast to perform vs Capital Markets companies and vs the US market?
Company
45.96%
Industry
9.77%
Market
9.23%
APLD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
APLD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

APLD vs Capital Market Stocks

TickerPricePrice TargetUp/downsideConsensus
APLD$2.98$10.00+235.57%Strong Buy
OPY$39.01N/AN/A
IREN$5.25$9.60+82.86%Strong Buy
HIVE$3.07$4.75+54.72%Buy
BTBT$2.24$5.50+145.54%Buy

Applied Digital Stock Forecast FAQ

Is Applied Digital Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: APLD) stock is to Strong Buy APLD stock.

Out of 5 analysts, 3 (60%) are recommending APLD as a Strong Buy, 2 (40%) are recommending APLD as a Buy, 0 (0%) are recommending APLD as a Hold, 0 (0%) are recommending APLD as a Sell, and 0 (0%) are recommending APLD as a Strong Sell.

If you're new to stock investing, here's how to buy Applied Digital stock.

What is APLD's revenue growth forecast for 2024-2026?

(NASDAQ: APLD) Applied Digital's forecast annual revenue growth rate of 45.96% is forecast to beat the US Capital Markets industry's average forecast revenue growth rate of 9.77%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Applied Digital's revenue in 2024 is $143,912,000.On average, 3 Wall Street analysts forecast APLD's revenue for 2024 to be $18,280,213,390, with the lowest APLD revenue forecast at $17,910,153,677, and the highest APLD revenue forecast at $18,900,293,546. On average, 2 Wall Street analysts forecast APLD's revenue for 2025 to be $28,119,628,614, with the lowest APLD revenue forecast at $28,021,436,982, and the highest APLD revenue forecast at $28,217,820,246.

In 2026, APLD is forecast to generate $69,670,645,090 in revenue, with the lowest revenue forecast at $69,670,645,090 and the highest revenue forecast at $69,670,645,090.

What is APLD's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: APLD) forecast ROA is N/A, which is lower than the forecast US Capital Markets industry average of 0.18%.

What is APLD's Price Target?

According to 5 Wall Street analysts that have issued a 1 year APLD price target, the average APLD price target is $10.00, with the highest APLD stock price forecast at $16.00 and the lowest APLD stock price forecast at $7.00.

On average, Wall Street analysts predict that Applied Digital's share price could reach $10.00 by Apr 12, 2025. The average Applied Digital stock price prediction forecasts a potential upside of 235.57% from the current APLD share price of $2.98.

What is APLD's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: APLD) forecast ROE is N/A, which is considered weak.
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