Applied Digital Q3 EPS Forecast Boosted by Northland Capmk

Applied Digital Co. (NASDAQ:APLD) – Equities researchers at Northland Capmk raised their Q3 2025 EPS estimates for shares of Applied Digital in a research note issued on Wednesday, January 15th. Northland Capmk analyst M. Grondahl now forecasts that the company will post earnings per share of ($0.13) for the quarter, up from their prior estimate of ($0.16). The consensus estimate for Applied Digital’s current full-year earnings is ($0.80) per share. Northland Capmk also issued estimates for Applied Digital’s Q4 2025 earnings at ($0.13) EPS and FY2025 earnings at ($1.00) EPS.

Applied Digital (NASDAQ:APLD) last posted its quarterly earnings results on Tuesday, January 14th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.08. The company had revenue of $63.87 million for the quarter, compared to analyst estimates of $62.41 million. Applied Digital had a negative net margin of 127.86% and a negative return on equity of 117.67%. The business’s quarterly revenue was up 51.3% on a year-over-year basis. During the same period last year, the business posted ($0.05) EPS.

A number of other research firms also recently commented on APLD. HC Wainwright raised their price objective on shares of Applied Digital from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Needham & Company LLC reaffirmed a “buy” rating and set a $11.00 price objective on shares of Applied Digital in a report on Wednesday, January 15th. Craig Hallum raised their price objective on shares of Applied Digital from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. Lake Street Capital raised their price objective on shares of Applied Digital from $7.00 to $11.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. Finally, Cantor Fitzgerald cut their price target on shares of Applied Digital from $15.00 to $14.00 and set an “overweight” rating for the company in a report on Wednesday, January 15th. Seven analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $11.29.

Applied Digital Stock Performance

NASDAQ APLD opened at $9.41 on Monday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of -5.44 and a beta of 4.78. The company’s fifty day moving average is $8.84 and its two-hundred day moving average is $7.00. Applied Digital has a 52-week low of $2.36 and a 52-week high of $11.25.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Applied Digital during the third quarter valued at approximately $59,000. Beacon Harbor Wealth Advisors Inc. acquired a new position in Applied Digital during the third quarter valued at approximately $83,000. Gunderson Capital Management Inc. acquired a new position in Applied Digital during the fourth quarter valued at approximately $83,000. Wealth Enhancement Advisory Services LLC acquired a new position in Applied Digital during the third quarter valued at approximately $88,000. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of Applied Digital by 16.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 11,774 shares of the company’s stock valued at $90,000 after buying an additional 1,692 shares during the period. Institutional investors and hedge funds own 65.67% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Wes Cummins sold 200,000 shares of Applied Digital stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $9.20, for a total transaction of $1,840,000.00. Following the completion of the sale, the chief executive officer now owns 3,875,955 shares in the company, valued at $35,658,786. The trade was a 4.91 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Richard N. Nottenburg sold 19,369 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $7.51, for a total transaction of $145,461.19. Following the transaction, the director now owns 384,317 shares of the company’s stock, valued at approximately $2,886,220.67. This represents a 4.80 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 269,369 shares of company stock valued at $2,445,461. Insiders own 11.81% of the company’s stock.

Applied Digital Company Profile

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.