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

Analyst price target for APLD

Based on 6 analysts offering 12 month price targets for Applied Digital Corp.
Min Forecast
$11.00+79.45%
Avg Forecast
$14.25+132.46%
Max Forecast
$17.50+185.48%

Should I buy or sell APLD stock?

Based on 6 analysts offering ratings for Applied Digital Corp.
Strong Buy
Strong Buy
2 analysts 33.33%
Buy
4 analysts 66.67%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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APLD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
HC Wainwright & Co.
Bottom 2%
2
BuyReiterates$12.00+95.76%2023-09-21
B. Riley Securities
Bottom 20%
20
Strong BuyMaintains$16.00+161.01%2023-09-18
Needham
Top 12%
89
BuyMaintains$17.50+185.48%2023-07-25Find out why
Lake Street
Top 34%
67
Strong BuyMaintains$16.00+161.01%2023-07-17
Northland Securities
Bottom 4%
4
BuyMaintains$11.00+79.45%2023-05-26Find out why
Craig-Hallum
Top 19%
82
BuyMaintains$13.00+112.07%2023-05-17

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Forecast return on equity

Is APLD forecast to generate an efficient return?
Company
169.42%
Industry
24.52%
Market
48.56%
APLD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is APLD forecast to generate an efficient return on assets?
Company
38.2%
Industry
3.89%
APLD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

APLD revenue growth forecast

How is APLD forecast to perform vs Capital Markets companies and vs the US market?
Company
1,001.51%
Industry
11.69%
Market
12.79%
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$6.13$14.25+132.46%Strong Buy
CIFR$2.54$5.00+96.85%Strong Buy
AMRK$28.42$55.50+95.29%Strong Buy
CLSK$3.86$11.67+202.25%Strong Buy
TIGR$5.08$2.45-51.77%Hold

Applied Digital Stock Forecast FAQ

Is Applied Digital Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: APLD) stock is to Strong Buy APLD stock.

Out of 6 analysts, 2 (33.33%) are recommending APLD as a Strong Buy, 4 (66.67%) 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 forecast return on equity (ROE) for 2024-2024?

(NASDAQ: APLD) forecast ROE is 169.42%, which is considered strong.

What is APLD's Price Target?

According to 6 Wall Street analysts that have issued a 1 year APLD price target, the average APLD price target is $14.25, with the highest APLD stock price forecast at $17.50 and the lowest APLD stock price forecast at $11.00.

On average, Wall Street analysts predict that Applied Digital's share price could reach $14.25 by Sep 21, 2024. The average Applied Digital stock price prediction forecasts a potential upside of 132.46% from the current APLD share price of $6.13.

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

(NASDAQ: APLD) forecast ROA is 38.2%, which is higher than the forecast US Capital Markets industry average of 3.89%.
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