Applied Digital (APLD) Projected to Post Quarterly Earnings on Wednesday

Applied Digital (NASDAQ:APLD) will likely be releasing its Q1 2027 results after the market closes on Wednesday, October 7th. Analysts expect Applied Digital to announce earnings of ($0.2954) per share and revenue of $116.2890 million for the quarter. Individuals may visit the the company’s upcoming Q1 2027 earning report page for the latest details on the call scheduled for Wednesday, October 7, 2026 at 5:00 PM ET.

Applied Digital (NASDAQ:APLD) last announced its quarterly earnings data on Monday, July 27th. The company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.30). The company had revenue of $240.35 million for the quarter, compared to analysts’ expectations of $96.85 million. Applied Digital had a negative return on equity of 16.42% and a negative net margin of 37.78%.The business’s quarterly revenue was up 406.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.24) EPS. On average, analysts expect Applied Digital to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Applied Digital Price Performance

Shares of NASDAQ:APLD opened at $25.38 on Monday. The company has a quick ratio of 4.01, a current ratio of 4.01 and a debt-to-equity ratio of 2.88. The business has a fifty day moving average of $27.20 and a two-hundred day moving average of $32.59. The stock has a market cap of $7.40 billion, a P/E ratio of -28.52 and a beta of 5.99. Applied Digital has a 52-week low of $19.00 and a 52-week high of $50.72.

Analyst Upgrades and Downgrades

APLD has been the topic of several recent research reports. Zacks Research cut shares of Applied Digital from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. Citigroup reiterated a “market outperform” rating on shares of Applied Digital in a report on Monday, August 3rd. B. Riley Financial reissued a “buy” rating and issued a $75.00 price target (up from $66.00) on shares of Applied Digital in a research note on Monday, August 3rd. Needham & Company LLC restated a “buy” rating and set a $83.00 price target on shares of Applied Digital in a report on Tuesday, July 28th. Finally, Northland Securities set a $82.00 price target on shares of Applied Digital and gave the stock an “outperform” rating in a report on Wednesday, June 17th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.88.

Insider Transactions at Applied Digital

In related news, Director Richard Nottenburg sold 75,000 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $31.15, for a total transaction of $2,336,250.00. Following the completion of the transaction, the director directly owned 133,378 shares in the company, valued at $4,154,724.70. This trade represents a 35.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 9.50% of the company’s stock.

More Applied Digital News

Here are the key news stories impacting Applied Digital this week:

• Positive Sentiment: Applied Digital brought an additional 75 megawatts of AI infrastructure online by completing three 25 MW data halls. Fully operational critical IT load at Polaris Forge 1 has now reached 250 MW, improving the company’s ability to serve high-performance-computing and AI customers. Applied Digital Brings an Additional 75 MW of AI Infrastructure Online at Polaris Forge 1
• Positive Sentiment: The Polaris Forge 1 campus is fully leased, so the added capacity is viewed as a path toward higher contracted revenue and greater utilization rather than speculative construction. The milestone also moves the site closer to its full planned capacity. Applied Digital adds 75 MW of AI capacity in North Dakota
• Neutral Sentiment: Management emphasized that power availability is only the starting point, suggesting additional opportunity to deploy compute infrastructure as AI demand grows. However, the announcement did not provide new financial guidance or details on the timing and profitability of revenue conversion.
• Negative Sentiment: Investors continue to face execution and valuation risk. Applied Digital has been highly volatile, recently traded well below its yearly high, and previously reported a quarterly earnings miss despite strong year-over-year revenue growth. The company’s substantial leverage and ongoing losses could amplify downside if customer deployments or data-center expansion are delayed.

Applied Digital Company Profile

Applied Digital Corporation (NASDAQ: APLD) develops and operates digital infrastructure designed to support high-performance computing, artificial intelligence and other data-intensive applications. The company provides data-center capacity and related services to customers that require substantial computing power and electricity.

The company’s business has included hosting infrastructure for cryptocurrency-mining operations and, increasingly, developing facilities for artificial intelligence and high-performance computing workloads.