Northland Securities Estimates Applied Digital Q1 Earnings

Applied Digital Corporation (NASDAQ:APLD) – Research analysts at Northland Securities issued their Q1 2027 earnings estimates for Applied Digital in a research report issued to clients and investors on Monday, July 27th. Northland Securities analyst M. Grondahl anticipates that the company will post earnings of ($0.06) per share for the quarter. Northland Securities currently has a “Outperform” rating and a $82.00 price target on the stock. The consensus estimate for Applied Digital’s current full-year earnings is ($1.10) per share. Northland Securities also issued estimates for Applied Digital’s Q2 2027 earnings at ($0.09) EPS, Q3 2027 earnings at ($0.14) EPS, Q4 2027 earnings at ($0.14) EPS and FY2027 earnings at ($0.44) EPS.

Applied Digital (NASDAQ:APLD) last released its earnings results on Monday, July 27th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.30). Applied Digital had a negative return on equity of 17.53% and a negative net margin of 37.78%.The business had revenue of $240.35 million for the quarter, compared to analyst estimates of $96.85 million. During the same quarter last year, the company earned ($0.24) earnings per share. Applied Digital’s quarterly revenue was up 406.3% compared to the same quarter last year.

Other analysts have also recently issued reports about the company. Wall Street Zen cut Applied Digital from a “hold” rating to a “sell” rating in a research note on Saturday, April 11th. Lucid Cap Mkts raised Applied Digital to a “strong-buy” rating in a research note on Wednesday, May 27th. Citigroup restated a “market outperform” rating on shares of Applied Digital in a report on Tuesday, June 9th. Compass Point reaffirmed a “buy” rating and issued a $70.00 price target on shares of Applied Digital in a research report on Friday, May 22nd. Finally, Morgan Stanley assumed coverage on Applied Digital in a research note on Thursday, July 23rd. They issued a “buy” rating and a $36.50 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Applied Digital presently has a consensus rating of “Buy” and an average price target of $67.15.

Applied Digital Stock Performance

NASDAQ:APLD opened at $27.97 on Friday. The company has a fifty day simple moving average of $37.61 and a two-hundred day simple moving average of $34.39. The company has a market cap of $7.99 billion, a price-to-earnings ratio of -31.43 and a beta of 5.67. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.65. Applied Digital has a 52 week low of $11.40 and a 52 week high of $50.72.

Institutional Investors Weigh In On Applied Digital

Institutional investors have recently modified their holdings of the company. Albion Financial Group UT purchased a new stake in shares of Applied Digital during the 4th quarter worth $25,000. Activest Wealth Management purchased a new position in Applied Digital in the fourth quarter valued at $25,000. Ameriflex Group Inc. acquired a new stake in Applied Digital in the fourth quarter valued at $25,000. McMillan Office Inc. acquired a new stake in Applied Digital in the fourth quarter valued at $25,000. Finally, Larson Financial Group LLC raised its stake in Applied Digital by 56,450.0% in the third quarter. Larson Financial Group LLC now owns 1,131 shares of the company’s stock valued at $26,000 after buying an additional 1,129 shares in the last quarter. 65.67% of the stock is owned by hedge funds and other institutional investors.

More Applied Digital News

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

• Positive Sentiment: Lucid Capital initiated or reiterated a Buy view on Applied Digital, adding to the positive analyst support for the shares. Applied Digital Corporation Receives a Buy from Lucid Capital
• Positive Sentiment: Needham & Company reaffirmed its Buy rating, signaling continued confidence in Applied Digital’s AI and high-performance-computing data-center strategy. Needham Reaffirms Buy Rating
• Positive Sentiment: A bullish analysis highlighted fiscal 2026 revenue of $258.7 million, non-GAAP EPS of $0.04, and $36 billion of contracted lease value—up 125% year over year. Investment-grade hyperscaler customers could provide greater visibility into long-term cash flows. Applied Digital Blowout FY 2026
• Neutral Sentiment: Zacks upgraded Applied Digital from Strong Sell to Hold, representing an improvement in its view but not a bullish recommendation. Zacks Research
• Negative Sentiment: Applied Digital’s recent quarterly results included a larger-than-expected per-share loss despite substantial revenue growth. The company’s negative margins and elevated debt-to-equity ratio remain risks as it funds expansion.
• Negative Sentiment: Applied Digital and other former Bitcoin miners pivoting to AI data centers have fallen sharply over the past month. The sector selloff raises concerns about stretched valuations, financing needs, power availability, and whether the AI infrastructure growth thesis can meet expectations. Data Center Stock Selloff
• Negative Sentiment: Reports that Citadel acquired much of the Situational Awareness portfolio after losses in leveraged AI infrastructure equities underscore broader forced selling and risk reduction in the AI trade, potentially weighing on comparable stocks such as APLD. Citadel Buys Situational Awareness Portfolio

Applied Digital Company Profile

Applied Digital (NASDAQ: APLD) is a technology company specializing in the development and operation of large-scale digital infrastructure and sustainable Bitcoin mining solutions. Through its integrated platform, the company designs, builds and manages turnkey data center facilities while also providing comprehensive hosting services for cloud, colocation and enterprise computing needs. Applied Digital’s modular approach to facility design enables rapid deployment of capacity and streamlined integration of power, cooling and network connectivity.

In addition to its data center business, Applied Digital operates a network of Bitcoin mining sites that leverage vertically integrated capabilities, including hardware procurement, mining farm engineering, energy management and real-time performance monitoring.