Applied Digital Co. to Post Q1 2026 Earnings of ($0.34) Per Share, Roth Capital Forecasts (NASDAQ:APLD)

Applied Digital Co. (NASDAQ:APLD) – Investment analysts at Roth Capital issued their Q1 2026 earnings per share (EPS) estimates for shares of Applied Digital in a note issued to investors on Thursday, August 29th. Roth Capital analyst D. Aftahi expects that the company will earn ($0.34) per share for the quarter. The consensus estimate for Applied Digital’s current full-year earnings is ($0.98) per share. Roth Capital also issued estimates for Applied Digital’s Q2 2026 earnings at ($0.30) EPS, Q3 2026 earnings at ($0.34) EPS and Q4 2026 earnings at ($0.32) EPS.

Applied Digital (NASDAQ:APLD) last issued its quarterly earnings data on Wednesday, August 28th. The company reported ($0.52) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.29). The company had revenue of $43.70 million for the quarter, compared to analyst estimates of $42.70 million. Applied Digital had a negative net margin of 61.84% and a negative return on equity of 75.46%. During the same period in the prior year, the company posted ($0.07) EPS.

Other analysts also recently issued research reports about the company. B. Riley increased their target price on Applied Digital from $6.00 to $8.00 and gave the company a “buy” rating in a research note on Friday, June 28th. Needham & Company LLC restated a “buy” rating and set a $11.00 target price on shares of Applied Digital in a research note on Thursday. HC Wainwright restated a “buy” rating and set a $5.00 target price on shares of Applied Digital in a research note on Thursday. Finally, Roth Mkm decreased their target price on Applied Digital from $11.00 to $10.00 and set a “buy” rating for the company in a research note on Thursday. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $8.20.

Applied Digital Price Performance

Shares of NASDAQ:APLD opened at $3.65 on Friday. The business has a 50 day moving average price of $5.07 and a 200 day moving average price of $4.35. Applied Digital has a twelve month low of $2.36 and a twelve month high of $8.65. The company has a market cap of $500.81 million, a price-to-earnings ratio of -4.62 and a beta of 4.56. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.90.

Institutional Trading of Applied Digital

Hedge funds have recently modified their holdings of the company. Headlands Technologies LLC lifted its position in shares of Applied Digital by 381.8% in the 2nd quarter. Headlands Technologies LLC now owns 8,749 shares of the company’s stock worth $52,000 after acquiring an additional 6,933 shares during the period. ARS Investment Partners LLC bought a new position in shares of Applied Digital during the 2nd quarter worth approximately $60,000. Capstone Investment Advisors LLC bought a new position in shares of Applied Digital during the 4th quarter worth approximately $78,000. Principal Financial Group Inc. bought a new position in shares of Applied Digital during the 1st quarter worth approximately $50,000. Finally, ICA Group Wealth Management LLC bought a new position in shares of Applied Digital during the 4th quarter worth approximately $81,000. Institutional investors own 65.67% of the company’s stock.

About Applied Digital

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.