Applied Digital Stock Today
| APLD Stock | USD 7.78 0.00 0.00% |
Performance3 of 100
| Odds Of DistressLess than 43
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Applied Digital is trading at 7.78 as of the 2nd of January 2025, a No Change since the beginning of the trading day. The stock's lowest day price was 7.5. Applied Digital has about a 43 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 3rd of December 2024 and ending today, the 2nd of January 2025. Click here to learn more.
Business Domain Software & Services | IPO Date 22nd of July 2002 | Category Technology | Classification Information Technology |
Applied Blockchain, Inc. designs, develops, and operates datacenters in North America. Applied Blockchain, Inc. was incorporated in 2001 and is based in Dallas, Texas. Applied Blockchain operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. The company has 211.25 M outstanding shares of which 42.79 M shares are presently shorted by private and institutional investors with about 2.3 trading days to cover. More on Applied Digital
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Applied Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO, Chairman | Wesley Cummins | |||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Information Technology Services, Information Technology, NASDAQ Composite, Information Technology, Software, Capital Markets, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsApplied Digital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Applied Digital's financial leverage. It provides some insight into what part of Applied Digital's total assets is financed by creditors.
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Applied Digital (APLD) is traded on NASDAQ Exchange in USA. It is located in 3811 Turtle Creek Boulevard, Dallas, TX, United States, 75219 and employs 150 people. Applied Digital is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.61 B. Applied Digital conducts business under Software sector and is part of Information Technology industry. The entity has 211.25 M outstanding shares of which 42.79 M shares are presently shorted by private and institutional investors with about 2.3 trading days to cover.
Applied Digital currently holds about 40.83 M in cash with 13.79 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44.
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Ownership AllocationApplied Digital holds a total of 211.25 Million outstanding shares. Over half of Applied Digital's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Applied Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Citadel Advisors Llc | 2024-09-30 | 2.5 M | |
| Mirae Asset Global Etfs Holdings Ltd. | 2024-09-30 | 2.4 M | |
| State Street Corp | 2024-09-30 | 2.3 M | |
| Van Eck Associates Corporation | 2024-09-30 | 2.1 M | |
| Plustick Management Llc | 2024-09-30 | 2 M | |
| Bank Of America Corp | 2024-09-30 | 1.9 M | |
| Moore Capital Management, Lp | 2024-09-30 | 1.9 M | |
| Ing Investment Management Llc | 2024-09-30 | 1.8 M | |
| Pertento Partners Llp | 2024-09-30 | 1.7 M | |
| Hood River Capital Management Llc | 2024-09-30 | 13.7 M | |
| Clearfield Capital Management Lp | 2024-09-30 | 12.1 M |
Applied Digital Historical Income Statement
Applied Stock Against Markets
Applied Digital Corporate Management
| Regina Ingel | Chief Officer | Profile | |
| Michael Maniscalco | Ex Technology | Profile | |
| David Rench | Chief Officer | Profile | |
| Chris Jackson | Senior Operations | Profile | |
| Nick Phillips | Executive Acquisitions | Profile | |
| Saidal Mohmand | Ex Fin | Profile | |
| Brad Barton | Executive Development | Profile |
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The danger of trading Applied Digital is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Applied Digital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Applied Digital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Applied Digital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Applied Digital is a strong investment it is important to analyze Applied Digital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Applied Digital's future performance. For an informed investment choice regarding Applied Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Applied Stock refer to our How to Trade Applied Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Applied Digital. If investors know Applied will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Applied Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.23) | Revenue Per Share | Quarterly Revenue Growth 0.671 | Return On Assets | Return On Equity |
The market value of Applied Digital is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Digital's value that differs from its market value or its book value, called intrinsic value, which is Applied Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Applied Digital's market value can be influenced by many factors that don't directly affect Applied Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Applied Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.