Applied Digital Q3 EPS Estimate Reduced by HC Wainwright

Applied Digital Co. (NASDAQ:APLD) – Research analysts at HC Wainwright cut their Q3 2025 EPS estimates for shares of Applied Digital in a note issued to investors on Wednesday, January 15th. HC Wainwright analyst K. Dede now anticipates that the company will post earnings per share of ($0.15) for the quarter, down from their prior forecast of ($0.08). HC Wainwright currently has a “Buy” rating and a $12.00 price objective on the stock. The consensus estimate for Applied Digital’s current full-year earnings is ($0.40) per share. HC Wainwright also issued estimates for Applied Digital’s Q4 2025 earnings at ($0.15) EPS, FY2025 earnings at ($1.08) EPS and FY2026 earnings at ($0.49) EPS.

Applied Digital (NASDAQ:APLD) last announced its quarterly earnings results on Tuesday, January 14th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.08. The business had revenue of $63.87 million during the quarter, compared to analyst estimates of $62.41 million. Applied Digital had a negative return on equity of 88.87% and a negative net margin of 74.95%. The firm’s revenue was up 51.3% on a year-over-year basis. During the same period in the previous year, the company earned ($0.05) EPS.

A number of other brokerages have also recently weighed in on APLD. Roth Mkm reaffirmed a “buy” rating and issued a $10.00 price target on shares of Applied Digital in a research report on Thursday, October 10th. Needham & Company LLC restated a “buy” rating and issued a $11.00 target price on shares of Applied Digital in a report on Wednesday, January 15th. Cantor Fitzgerald lowered their price target on Applied Digital from $15.00 to $14.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Craig Hallum boosted their price objective on shares of Applied Digital from $10.00 to $12.00 and gave the stock a “buy” rating in a research note on Thursday, October 10th. Finally, Lake Street Capital raised their target price on shares of Applied Digital from $7.00 to $11.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $11.29.

Applied Digital Stock Down 0.9 %

Applied Digital stock opened at $8.90 on Monday. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.62. Applied Digital has a 1-year low of $2.36 and a 1-year high of $11.25. The firm’s fifty day simple moving average is $8.82 and its 200-day simple moving average is $6.99. The company has a market capitalization of $1.88 billion, a P/E ratio of -7.61 and a beta of 4.78.

Hedge Funds Weigh In On Applied Digital

Hedge funds and other institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC increased its stake in Applied Digital by 414.5% in the fourth quarter. SG Americas Securities LLC now owns 265,792 shares of the company’s stock valued at $2,031,000 after acquiring an additional 214,133 shares during the period. Dakota Wealth Management acquired a new stake in Applied Digital during the fourth quarter valued at approximately $115,000. Nisa Investment Advisors LLC grew its stake in shares of Applied Digital by 16.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 11,774 shares of the company’s stock valued at $90,000 after purchasing an additional 1,692 shares during the period. SeaCrest Wealth Management LLC acquired a new position in shares of Applied Digital in the 4th quarter worth approximately $586,000. Finally, Gunderson Capital Management Inc. bought a new position in shares of Applied Digital during the 4th quarter worth approximately $83,000. 65.67% of the stock is owned by institutional investors.

Insider Activity

In other Applied Digital news, CEO Wes Cummins sold 200,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $9.20, for a total value of $1,840,000.00. Following the completion of the transaction, the chief executive officer now owns 3,875,955 shares of the company’s stock, valued at $35,658,786. This represents a 4.91 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Richard N. Nottenburg sold 50,000 shares of Applied Digital stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $9.20, for a total value of $460,000.00. Following the sale, the director now directly owns 334,317 shares in the company, valued at $3,075,716.40. The trade was a 13.01 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 269,369 shares of company stock valued at $2,445,461. Insiders own 11.81% of the company’s stock.

About Applied Digital

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.