Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Ratings for Applied Digital (NASDAQ:APLD) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 7 | 0 | 0 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 3 | 0 | 0 | 0 | 0 |
2M Ago | 2 | 0 | 0 | 0 | 0 |
3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $9.86, with a high estimate of $16.00 and a low estimate of $6.00. This current average has decreased by 25.13% from the previous average price target of $13.17.
The standing of Applied Digital among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
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Lucas Pipes | B. Riley Securities | Lowers | Buy | $6.00 | $8.00 |
Rob Brown | Lake Street | Lowers | Buy | $7.00 | $19.00 |
Darren Aftahi | Roth MKM | Lowers | Buy | $8.00 | $13.00 |
John Todaro | Needham | Lowers | Buy | $11.00 | $13.00 |
Lucas Pipes | B. Riley Securities | Lowers | Buy | $8.00 | $10.00 |
John Todaro | Needham | Lowers | Buy | $13.00 | $16.00 |
John Todaro | Needham | Maintains | Buy | $16.00 | - |
For valuable insights into Applied Digital's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Applied Digital analyst ratings.
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Applied Digital Corp designs, develops and operates next-generation datacenters across North America to provide digital infrastructure solutions to the rapidly growing high performance computing industry.
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Applied Digital displayed positive results in 3 months. As of 29 February, 2024, the company achieved a solid revenue growth rate of approximately 207.65%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Applied Digital's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -144.96%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Applied Digital's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -45.84%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Applied Digital's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -11.18%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Applied Digital's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 2.48.
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: APLD