APLD Stock Summary and Trading Ideas (Applied Digital | NASDAQ:APLD)

Applied Digital Corp is a U.S. based designer, developer, owner, and operator of large-scale, purpose-built data centers engineered to support high-performance computing (HPC) workloads, including artificial intelligence (AI), machine learning, and other accelerated-compute applications. It design, build, and operate high-performance, sustainably engineered data centers which it refer to as AI factories and deliver that capacity to investment-grade hyper scalers and other compute customers under long-term lease and hosting arrangements. The company has two segments Data Center Hosting Business, and HPC Hosting Business. The company generates majority of revenue from Data Center Hosting Business segment. Its solutions are Digital Infrastructure, and AI Factories.

Applied Digital trades on the NASDAQ stock market under the symbol APLD.

As of August 10, 2026, APLD stock price climbed to $29.25 with 10,163,067 million shares trading.

APLD has a beta of 2.95, meaning it tends to be more sensitive to market movements. APLD has a correlation of 0.13 to the broad based SPY ETF.

APLD has a market cap of $8.36 billion. This is considered a Mid Cap stock.

Last quarter Applied Digital reported $259 million in Revenue and $.04 earnings per share. This beat revenue expectation by $167 million and exceeded earnings estimates by $.40.

In the last 3 years, APLD traded as high as $50.73 and as low as $2.36.

The top ETF exchange traded funds that APLD belongs to (by Net Assets): VTI, VB, VGT, VBK, VXF.

APLD has outperformed the market in the last year with a price return of +105.4% while the SPY ETF gained +23.4%. However, in the short term, APLD had mixed performance relative to the market. It has underperformed in the last 3 months, returning -29.6% vs +5.9% return in SPY. But in the last 2 weeks, APLD shares have fared better than the market returning +7.6% compared to SPY +4.6%.

APLD support price is $27.15 and resistance is $31.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that APLD shares will trade within this expected range on the day.