Applied Digital (APLD) to Release Quarterly Earnings on Wednesday

Applied Digital (NASDAQ:APLD) is anticipated to announce its Q3 2026 results after the market closes on Wednesday, April 8th. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $78.4740 million for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Wednesday, April 8, 2026 at 5:00 PM ET.

Applied Digital Price Performance

APLD stock opened at $25.19 on Tuesday. The firm’s 50-day moving average price is $29.86 and its two-hundred day moving average price is $29.45. Applied Digital has a 12-month low of $3.31 and a 12-month high of $42.27. The stock has a market capitalization of $7.04 billion, a price-to-earnings ratio of -46.65 and a beta of 7.25. The company has a current ratio of 4.82, a quick ratio of 4.82 and a debt-to-equity ratio of 1.79.

Analyst Ratings Changes

A number of equities analysts have issued reports on APLD shares. Freedom Capital upgraded shares of Applied Digital to a “strong-buy” rating in a research report on Tuesday, January 6th. B. Riley Financial boosted their price objective on shares of Applied Digital to $53.00 and gave the company a “buy” rating in a research report on Friday, January 9th. Texas Capital upgraded shares of Applied Digital to a “strong-buy” rating in a research report on Tuesday, January 20th. Citigroup restated an “outperform” rating on shares of Applied Digital in a research report on Wednesday, January 28th. Finally, Wall Street Zen upgraded shares of Applied Digital from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Applied Digital currently has an average rating of “Buy” and a consensus price target of $37.00.

Insider Buying and Selling at Applied Digital

In related news, Director Chuck Hastings sold 45,987 shares of the business’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $38.57, for a total transaction of $1,773,718.59. Following the sale, the director owned 388,372 shares of the company’s stock, valued at $14,979,508.04. The trade was a 10.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Wes Cummins sold 165,000 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $36.42, for a total transaction of $6,009,300.00. Following the sale, the chief executive officer directly owned 4,176,329 shares in the company, valued at $152,101,902.18. The trade was a 3.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 244,593 shares of company stock worth $9,003,278. Insiders own 9.50% of the company’s stock.

Institutional Investors Weigh In On Applied Digital

Several hedge funds have recently bought and sold shares of APLD. Value Aligned Research Advisors LLC bought a new position in shares of Applied Digital in the fourth quarter worth approximately $138,380,000. BNP Paribas Financial Markets lifted its stake in shares of Applied Digital by 24,356.8% in the second quarter. BNP Paribas Financial Markets now owns 5,219,565 shares of the company’s stock worth $52,561,000 after buying an additional 5,198,223 shares in the last quarter. Marex Group plc lifted its stake in shares of Applied Digital by 38,484.6% in the fourth quarter. Marex Group plc now owns 3,904,759 shares of the company’s stock worth $95,745,000 after buying an additional 3,894,639 shares in the last quarter. Two Sigma Investments LP bought a new position in shares of Applied Digital in the third quarter worth approximately $69,535,000. Finally, Situational Awareness LP lifted its stake in shares of Applied Digital by 63.3% in the second quarter. Situational Awareness LP now owns 6,591,800 shares of the company’s stock worth $66,379,000 after buying an additional 2,556,200 shares in the last quarter. Institutional investors own 65.67% of the company’s stock.

About Applied Digital

Applied Digital (NASDAQ: APLD) is a technology company specializing in the development and operation of large-scale digital infrastructure and sustainable Bitcoin mining solutions. Through its integrated platform, the company designs, builds and manages turnkey data center facilities while also providing comprehensive hosting services for cloud, colocation and enterprise computing needs. Applied Digital’s modular approach to facility design enables rapid deployment of capacity and streamlined integration of power, cooling and network connectivity.

In addition to its data center business, Applied Digital operates a network of Bitcoin mining sites that leverage vertically integrated capabilities, including hardware procurement, mining farm engineering, energy management and real-time performance monitoring.