Bulls vs Bears
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Applied Digital Corp has a consensus price target of $25.4 based on the ratings of 15 analysts. The high is $43 issued by Roth Capital on October 1, 2025. The low is $7 issued by Cantor Fitzgerald on April 15, 2025. The 3 most-recent analyst ratings were released by Needham, Craig-Hallum, and Northland Capital Markets on October 29, 2025, October 23, 2025, and October 10, 2025, respectively. With an average price target of $40 between Needham, Craig-Hallum, and Northland Capital Markets, there's an implied 61.75% upside for Applied Digital Corp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
10/29/2025 | 65.79% | Needham | $41 → $41 | Reiterates | Buy → Buy | |||
10/23/2025 | 57.71% | Craig-Hallum | $37 → $39 | Maintains | Buy | |||
10/10/2025 | 61.75% | Northland Capital Markets | $30 → $40 | Maintains | Outperform | |||
10/10/2025 | 49.62% | Lake Street | $18 → $37 | Maintains | Buy | |||
10/10/2025 | 61.75% | HC Wainwright & Co. | $20 → $40 | Maintains | Buy | |||
10/10/2025 | 49.62% | Craig-Hallum | $23 → $37 | Maintains | Buy | |||
10/10/2025 | 65.79% | Needham | $21 → $41 | Maintains | Buy | |||
10/09/2025 | 41.53% | JMP Securities | $18 → $35 | Maintains | Market Outperform | |||
10/01/2025 | 73.88% | Roth Capital | $24 → $43 | Maintains | Buy | |||
08/25/2025 | -19.13% | HC Wainwright & Co. | $15 → $20 | Maintains | Buy | |||
08/18/2025 | -6.99% | Craig-Hallum | — | $12 → $23 | Maintains | Buy | ||
07/31/2025 | -27.21% | Lake Street | $14 → $18 | Maintains | Buy | |||
07/31/2025 | -35.3% | Needham | $12 → $16 | Maintains | Buy | |||
07/31/2025 | -39.34% | HC Wainwright & Co. | $12 → $15 | Maintains | Buy | |||
07/25/2025 | -47.43% | Compass Point | $13 → $13 | Upgrade | Neutral → Buy | |||
06/09/2025 | -47.43% | Compass Point | $10 → $13 | Downgrade | Buy → Neutral | |||
06/04/2025 | -39.34% | B. Riley Securities | $8 → $15 | Maintains | Buy | |||
06/03/2025 | -27.21% | JMP Securities | $12 → $18 | Maintains | Market Outperform | |||
06/03/2025 | -51.48% | Craig-Hallum | $10 → $12 | Maintains | Buy | |||
06/03/2025 | -51.48% | HC Wainwright & Co. | $7 → $12 | Maintains | Buy | |||
06/03/2025 | -51.48% | Needham | $10 → $12 | Maintains | Buy | |||
06/02/2025 | -59.56% | Needham | $10 → $10 | Reiterates | Buy → Buy | |||
05/22/2025 | -51.48% | JMP Securities | → $12 | Initiates | → Market Outperform | |||
04/23/2025 | -59.56% | Needham | $10 → $10 | Reiterates | Buy → Buy | |||
04/15/2025 | -59.56% | Craig-Hallum | $12 → $10 | Maintains | Buy | |||
04/15/2025 | -71.69% | Cantor Fitzgerald | $14 → $7 | Maintains | Overweight | |||
04/15/2025 | -59.56% | Needham | $11 → $10 | Maintains | Buy | |||
04/15/2025 | -71.69% | HC Wainwright & Co. | $12 → $7 | Maintains | Buy | |||
02/24/2025 | -55.52% | Needham | $11 → $11 | Reiterates | Buy → Buy | |||
02/04/2025 | -19.13% | Northland Capital Markets | $12 → $20 | Maintains | Outperform | |||
01/28/2025 | -59.56% | Compass Point | → $10 | Initiates | → Buy | |||
01/15/2025 | -51.48% | HC Wainwright & Co. | $10 → $12 | Maintains | Buy | |||
01/15/2025 | -43.39% | Cantor Fitzgerald | $15 → $14 | Maintains | Overweight | |||
01/15/2025 | -55.52% | Needham | $11 → $11 | Reiterates | Buy → Buy | |||
11/01/2024 | -55.52% | Needham | $11 → $11 | Reiterates | Buy → Buy | |||
10/17/2024 | -55.52% | Needham | $11 → $11 | Reiterates | Buy → Buy | |||
10/16/2024 | -59.56% | HC Wainwright & Co. | $5 → $10 | Maintains | Buy | |||
10/10/2024 | -55.52% | Lake Street | $7 → $11 | Maintains | Buy | |||
10/10/2024 | -59.56% | Roth MKM | $10 → $10 | Reiterates | Buy → Buy | |||
10/10/2024 | -51.48% | Craig-Hallum | $10 → $12 | Maintains | Buy | |||
10/10/2024 | -55.52% | Needham | $11 → $11 | Reiterates | Buy → Buy | |||
09/13/2024 | -63.61% | B. Riley Securities | $8 → $9 | Maintains | Buy | |||
09/09/2024 | -55.52% | Needham | $11 → $11 | Reiterates | Buy → Buy | |||
09/05/2024 | -59.56% | Roth MKM | $10 → $10 | Maintains | Buy | |||
08/29/2024 | -59.56% | Roth MKM | $11 → $10 | Maintains | Buy | |||
08/29/2024 | -55.52% | Needham | $11 → $11 | Reiterates | Buy → Buy | |||
08/29/2024 | -79.78% | HC Wainwright & Co. | $5 → $5 | Reiterates | Buy → Buy | |||
07/10/2024 | -55.52% | Needham | $11 → $11 | Reiterates | Buy → Buy | |||
07/10/2024 | -55.52% | Roth MKM | $11 → $11 | Maintains | Buy | |||
06/28/2024 | -67.65% | B. Riley Securities | $6 → $8 | Maintains | Buy | |||
06/24/2024 | -55.52% | Roth MKM | $8 → $11 | Maintains | Buy | |||
06/14/2024 | -55.52% | Needham | $11 → $11 | Reiterates | Buy → Buy | |||
06/12/2024 | -79.78% | HC Wainwright & Co. | $5 → $5 | Reiterates | Buy → Buy | |||
05/17/2024 | -39.34% | Needham | $15 → $15 | Reiterates | Buy → Buy | |||
05/06/2024 | -75.74% | B. Riley Securities | $8 → $6 | Maintains | Buy | |||
04/12/2024 | -71.69% | Lake Street | $19 → $7 | Maintains | Buy | |||
04/12/2024 | -67.65% | Roth MKM | $13 → $8 | Maintains | Buy | |||
04/12/2024 | -55.52% | Needham | $13 → $11 | Maintains | Buy | |||
04/05/2024 | -67.65% | B. Riley Securities | $10 → $8 | Maintains | Buy | |||
03/18/2024 | -47.43% | Needham | $16 → $13 | Maintains | Buy | |||
02/08/2024 | -35.3% | Needham | $16 → $16 | Reiterates | Buy → Buy | |||
01/17/2024 | -35.3% | Needham | $17.5 → $16 | Maintains | Buy | |||
10/10/2023 | -51.48% | HC Wainwright & Co. | → $12 | Reiterates | Buy → Buy | |||
10/10/2023 | -29.23% | Needham | → $17.5 | Reiterates | Buy → Buy | |||
10/03/2023 | -43.39% | Roth MKM | → $14 | Initiates | → Buy | |||
09/21/2023 | -51.48% | HC Wainwright & Co. | → $12 | Reiterates | Buy → Buy | |||
09/18/2023 | -35.3% | B. Riley Securities | $18 → $16 | Maintains | Buy | |||
07/25/2023 | -29.23% | Needham | $16 → $17.5 | Maintains | Buy | |||
07/25/2023 | -51.48% | HC Wainwright & Co. | → $12 | Reiterates | Buy → Buy | |||
07/17/2023 | -35.3% | Lake Street | $9 → $16 | Maintains | Buy | |||
07/07/2023 | -35.3% | Needham | $8.5 → $16 | Maintains | Buy | |||
06/28/2023 | -27.21% | B. Riley Securities | $17 → $18 | Maintains | Buy | |||
06/27/2023 | -51.48% | HC Wainwright & Co. | → $12 | Reiterates | Buy → Buy | |||
06/07/2023 | -51.48% | HC Wainwright & Co. | $4 → $12 | Maintains | Buy | |||
05/26/2023 | -55.52% | Northland Capital Markets | $5 → $11 | Maintains | Outperform | |||
05/19/2023 | -31.26% | B. Riley Securities | $7 → $17 | Maintains | Buy | |||
05/18/2023 | -65.63% | Needham | $5.5 → $8.5 | Maintains | Buy | |||
05/17/2023 | -47.43% | Craig-Hallum | $10 → $13 | Maintains | Buy | |||
05/16/2023 | -77.76% | Needham | $3.7 → $5.5 | Maintains | Buy | |||
04/10/2023 | -83.83% | HC Wainwright & Co. | → $4 | Reiterates | → Buy | |||
04/10/2023 | -85.04% | Needham | → $3.7 | Reiterates | → Action List Buy | |||
01/13/2023 | -85.04% | Needham | $5.5 → $3.7 | Maintains | Buy | |||
12/22/2022 | -83.83% | HC Wainwright & Co. | → $4 | Initiates | → Buy |
The latest price target for Applied Digital (NASDAQ:APLD) was reported by Needham on October 29, 2025. The analyst firm set a price target for $41.00 expecting APLD to rise to within 12 months (a possible 65.79% upside). 34 analyst firms have reported ratings in the last year.
The latest analyst rating for Applied Digital (NASDAQ:APLD) was provided by Needham, and Applied Digital reiterated their buy rating.
The last upgrade for Applied Digital Corp happened on July 25, 2025 when Compass Point raised their price target to $13. Compass Point previously had a neutral for Applied Digital Corp.
The last downgrade for Applied Digital Corp happened on June 9, 2025 when Compass Point changed their price target from $10 to $13 for Applied Digital Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Applied Digital, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Applied Digital was filed on October 29, 2025 so you should expect the next rating to be made available sometime around October 29, 2026.
While ratings are subjective and will change, the latest Applied Digital (APLD) rating was a reiterated with a price target of $41.00 to $41.00. The current price Applied Digital (APLD) is trading at is $24.73, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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