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

Applied Digital (NASDAQ:APLD) is anticipated to issue 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 can check the company’s upcoming Q1 2027 earning summary 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 earnings results on Monday, July 27th. The company reported ($0.39) EPS for the quarter, missing the consensus estimate 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 net margin of 37.78% and a negative return on equity of 16.42%. 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) earnings per share. 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

APLD opened at $24.70 on Tuesday. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 2.88. The company has a fifty day simple moving average of $27.17 and a 200 day simple moving average of $32.57. The firm has a market cap of $7.20 billion, a price-to-earnings ratio of -27.75 and a beta of 5.99. Applied Digital has a twelve month low of $19.00 and a twelve month high of $50.72.

Key Stories Impacting Applied Digital

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

• Positive Sentiment: Applied Digital brought an additional 75 megawatts of critical IT load online at Polaris Forge 1, lifting the campus’ operational capacity to 250 MW. The expansion strengthens the company’s ability to generate revenue from AI and high-performance computing customers. Applied Digital brings 75 MW online
• Positive Sentiment: Recent coverage highlights Applied Digital’s rapid AI infrastructure buildout as a potential catalyst for revenue growth and a higher price-to-sales valuation. One analysis estimates a possible revaluation to $32.56 per share if capacity and growth targets are achieved. Capacity expansion catalyst
• Positive Sentiment: Some analysts maintain a favorable outlook, with Applied Digital receiving an average “Moderate Buy” recommendation. AI-focused chatbot models also identified APLD as a leading stock pick ahead of earnings, though this is not a substitute for fundamental analysis. Moderate Buy recommendation
• Neutral Sentiment: Investors are focused on the October 7 earnings release. Estimates call for approximately $258.7 million in revenue and a $0.39 per-share loss, making the report and management’s outlook important tests of whether new capacity is translating into improving financial results. Applied Digital earnings preview
• Neutral Sentiment: Options markets imply a potentially significant earnings-related move, while investors are also monitoring interest rates, Treasury yields and broader risk appetite. These factors could amplify volatility around the report. Options volatility and earnings moves
• Negative Sentiment: APLD shares decreased despite the new capacity milestone because AI data-center operators broadly sold off, indicating that sector-wide risk reduction is currently outweighing the expansion news. AI data-center sector pullback
• Negative Sentiment: Zacks added Applied Digital to its Rank #5 “Strong Sell” list, creating an additional near-term headwind ahead of earnings. Zacks Strong Sell list

Insider Activity at Applied Digital

In other Applied Digital news, Director Richard Nottenburg sold 75,000 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $31.15, for a total value 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 9.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

APLD has been the subject of a number of recent analyst reports. UBS Group started coverage on Applied Digital in a research note on Wednesday, September 23rd. They set a “buy” rating and a $38.00 price objective for the company. Wall Street Zen lowered Applied Digital from a “sell” rating to a “strong sell” rating in a report on Sunday, August 30th. Citigroup reaffirmed a “market outperform” rating on shares of Applied Digital in a report on Monday, August 3rd. Wells Fargo & Company started coverage on Applied Digital in a research report on Thursday, September 17th. They issued an “overweight” rating and a $50.00 target price on the stock. Finally, Northland Securities set a $82.00 price target on shares of Applied Digital and gave the stock an “outperform” rating in a research report on Wednesday, June 17th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $60.88.

About Applied Digital

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.