APLD — Applied Digital Corporation

Technology · Information Technology Services

What APLD does

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications.

Place in the AI trade

The data and AI-engineering layer — the labeling, tooling and services behind training and running models.

Key data · delayed ~15 min, as of 30 June 2026

TickerAPLD
CompanyApplied Digital Corporation
Price$37.83
Market cap$10.81B
Sector / industryTechnology / Information Technology Services
Analyst mean target$73 (11 analysts, strong_buy)

Valuation read

Forward valuation: no positive forward earnings to anchor an earnings-based read — this is a story/growth name priced on revenue and narrative, not current profits. See how stretched the AI trade is overall.

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Market data is delayed ~15 minutes and provided for education, not as financial advice. "Hot" means attention, not direction.