Applied Digital was founded in 2001 and based in Dallas, Texas designs, develops, and operates purpose-built data centers, cloud services, and high-performance computing (HPC) infrastructure—tailored for AI and crypto industries robinhood.com+15stockanalysis.com+15tradingview.com+15. The company recently inked a massive 15-year, US $7 billion leasing deal with AI data-center operator CoreWeave for its North Dakota campus—highlighting its rapid pivot into AI-dedicated infrastructure applieddigital.com+2investopedia.com+2stockanalysis.com+2.
52‑Week Range
- High: $15.42
- Low: $3.01
Analyst Ratings & Targets
- Number of Analysts: 11–12, based on StockAnalysis and MarketBeat sources .
- Average Rating: Strong Buy — consensus across platforms stockanalysis.com+1wsj.com+1.
- Ratings Breakdown:
- MarketBeat reports 12 Buy and 1 Strong Buy—you’ll find no Hold/Sell ratings finance.yahoo.com+6marketbeat.com+6markets.ft.com+6.
- Consensus Price Target: Mean analyst forecast is $12.36 (slightly below the current price) marketwatch.comstockanalysis.com. Note that some call for upside to $15–20 following recent positive developments .
Summary at a Glance
MetricDetails52‑Week Range$3.01 – $15.42Analyst Coverage11–12 analystsRating SummaryStrong Buy (12 Buy + 1 Strong Buy)Mean Target Price$12.36 (range $12–$18)
Analysis
Applied Digital has undergone a breakout year driven by its AI-data-center pivot—evidenced by the CoreWeave deal—which sharply boosted the stock performance and investor sentiment ir.applieddigital.com+12investopedia.com+12marketwatch.com+12marketbeat.com+3barchart.com+3tradingview.com+3robinhood.com+2stockanalysis.com+2barchart.com+2. Analyst consensus trends strongly favor its growth potential across AI and HPC infrastructure, though some price targets imply modest downside risk.
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