Applied Digital Corporation (APLD)
Can Applied Digital's Power Strategy Accelerate its Next Growth Leg?
APLD's power strategy centers on securing utility-connected capacity and expanding grid resources to support rising AI infrastructure demand.
Applied Digital: Massive Revenue Backlog Escalation Underway
Applied Digital remains a compelling AI infrastructure investment, driven by a surging revenue backlog and hyperscaler demand. APLD's new 15-year deal with a leading U.S. hyperscaler adds $7.5B to its backlog, now totaling $31B. I see further upside in APLD's valuation, as ongoing AI Data Center buildouts could add billions more to its contracted revenues.
Can Direct-to-Chip Cooling Strengthen APLD's Hyperscale Appeal?
Applied Digital bets on direct-to-chip cooling to attract hyperscalers as AI rack densities strain traditional air-cooled systems.
APLD vs. MSFT: Which AI Hosting and Hyperscale Stock Has More Upside?
Applied Digital's AI hosting expansion and Microsoft Azure's hyperscale AI buildout reflect rising demand for large-scale compute infrastructure.
Buy Core Scientific Over Applied Digital
Core Scientific (CORZ) offers a more attractive risk/reward profile than Applied Digital (APLD) due to its larger, immediately leasable power capacity and faster delivery schedule. CORZ is set to deliver 590 MW to CoreWeave over 12 months, with 243 MW already being billed and the remainder expected ahead of APLD's timeline. APLD's near-term upside is limited, with most capacity set for delivery further out, while trading at a premium 23x FY27 sales versus CORZ's 14x CY26 sales.
Should You Hold APLD at 16.9x P/S? 3 Reasons Despite the Premium
Applied Digital trades at a premium, but expanding AI data center capacity and $23B in contracted lease revenues keep growth expectations elevated.
Can Investment in ChronoScale Unlock Additional Value for APLD?
Applied Digital's ChronoScale stake expands its AI strategy beyond data centers, adding GPU cloud exposure as AI compute demand accelerates.
Why Is Applied Digital Corporation (APLD) Up 62.4% Since Last Earnings Report?
Applied Digital Corporation (APLD) reported earnings 30 days ago. What's next for the stock?
Jim Cramer on Applied Digital: A $7.5 Billion Contract Isn't Enough Without Profits
On the Lightning Round of Mad Money on April 29, 2026, a caller named Bob from Florida told Jim Cramer he was “knee-deep in Applied Digital right now, and they just signed that big $7.5 billion contract.
Applied Digital signs $7.5 billion AI data center lease with US hyperscaler
Applied Digital has signed a long-term lease worth $7.5 billion with an unnamed U.S.-based hyperscaler at its new Delta Forge 1 site, it said on Thursday, strengthening its position as a data center provider for artificial intelligence workloads.
Applied Digital Stock Is Moving Lower: What's Going On?
Applied Digital Inc (NASDAQ:APLD) shares are trading lower on Tuesday, though the stock has extended a massive 723% twelve‑month rally into stretched valuations. Here's what you should know.
Applied Digital Has The Capacity, Time To Get The Customers
Applied Digital Corporation is positioned to benefit from hyperscaler demand for third-party data center hosting amid power constraints. APLD has secured 1GW of grid power and is developing an additional 1.2GW, with $16B in contracted revenue and three major sites underway. I assign APLD a Hold rating with a $31.17/share price target, citing a rich 195x EV/aEBITDA valuation that already prices in significant growth.
