APLD Applied Digital Corporation

bullish track record → $32.11 -1.56 (-4.6%)
Get emailed when APLD changes direction
Mkt Cap $10B 52wk $4.20 - $42.27 3h ago
Insider selling: $34,616,094 sold by 12 insiders (30d)
Factor divergence: DIVERGENCE: estimate_revisions bullish vs analyst_revisions bearish
Est. revisions: +16.3%
Backed by structured data (insider trades, analyst ratings, or filings)
Factor Model (net +0.3)

Factor Model

net +0.3
Est. Revisions
+0.8
Insider Activity
+0.0
Momentum
+0.0
Analyst Rev.
-1.0
Narrative Gap
+0.0

APLD Secures $7.5B Lease, Revenue Jumps 139%

Watch: Watch the operational rollout of the Delta Forge 1 campus, as successful build-out will prove viability of the $7.5B lease and unlock significant value.

APLD reported Q3 FY2026 revenue of $126.6M, up 139% YoY, driven by its HPC Hosting Business generating $71M. The company locked a $7.5B lease with a U.S. hyperscaler for 300 MW at Delta Forge 1 over 15 years, pushing total contracted lease revenue past $23B. However, short interest rose to 30.4% of float, signaling bearish pressure amid ongoing insider selling.

The massive lease deal secures long-term revenue visibility and validates demand, but high short interest and negative margins flag execution risks and stock volatility.

Evidence

3h ago Applied Digital Corp. (APLD) Continues to Attract High Investment-Grade Hyperscalers yahoo-finance
21h ago Needham reit APLD: Buy → Buy
1d ago Short interest at 30.4% of float, up 3%
1d ago Applied Digital Stock Gets a $7.5 Billion AI Lease. Now Comes the Build-Out Test - TechStock² google-news-ai-infra
4d ago Applied Digital (APLD) Boosts Contracts to $23B, Rockets 12% yahoo-finance
4d ago Needham main APLD: Buy → Buy
4d ago APLD – Quiet AI Infrastructure Play Flying Under the Radar? reddit-stocks
4d ago Needham main APLD: Buy → Buy
7 older signals
9d ago $IREN and $APLD looking really good
11d ago Here’s the Impact of Applied Digital Corp (APLD) Differentiation in the Data Center Market
15d ago Applied Digital Stock Jumps 5% as Explosive AI Data Center Revenue Soars 139% in Q3 - International Business Times Australia
19d ago Applied Digital, Simply Good Foods And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
19d ago Stocks making the biggest moves premarket: Constellation Brands, Datadog, Occidental Petroleum, CoreWeave and more
20d ago Ford, Applied Digital, U Power, Block And Alphabet: Why These 5 Stocks Are On Investors' Radars Today
20d ago April 8 Is a Big Day for Applied Digital. Wall Street Says the Stock Could Double.
Fundamentals & Data ▾
Applied Digital Corporation Technology · Information Technology Services
Mkt Cap
$10B
Beta
7.27
52w Range
$4.20 - $42.27
Short Interest
80.1M 30.41%
Days to Cover
3.8 +2%
Technicals downtrend
from 52w Hi
-11.7%
1w return
+2.5%
Insiders
selling 0B / 13S
Analysts
mixed
EPS Estimate
$-0.11 +16.3% 30d 0up / 1dn
Est. Dispersion
113% 5 analysts
Analyst Target
$54 $40 - $97
Options P/C
0.46
Insider Cluster
strong sell 0B / 7S
Fund Convergence
moderate Citadel, D.E. Shaw
Financials
Revenue
$127M +139% YoY
FCF
$-720M
Gross Margin
42%
Op Margin
-20%
Momentum: decelerating
Top Holders
Citadel $268M
D.E. Shaw $15M
Recent Filings & Data
insider trade 67
net selling · $34,616,094 sold
12 insiders · 67 transactions (30d)
Recent transactions
CUMMINS WESLEY · sell · $1,840,000
MOHMAND MOHAMMAD SAIDAL LAVANWAY · other
CUMMINS WESLEY · other
ZHANG JASON GECHEN · award
MOHMAND MOHAMMAD SAIDAL LAVANWAY · award
HASTINGS CHUCK · sell · $1,773,719
MILLER DOUGLAS S · other
CUMMINS WESLEY · sell · $6,009,300
NOTTENBURG RICHARD N · sell · $834,860
MILLER DOUGLAS S · sell · $385,400
CUMMINS WESLEY · award
MILLER DOUGLAS S · sell · $215,840
ZHANG JASON GECHEN · award
BENSON ELLA G · sell · $199,251
BENSON ELLA G · award
HASTINGS CHUCK · award
MILLER DOUGLAS S · award
NOTTENBURG RICHARD N · award
LEE RACHEL H · award
HASTINGS CHUCK · sell · $2,641,250
NOTTENBURG RICHARD N · sell · $510,656
BENSON ELLA G · sell · $1,502,686
MOHMAND MOHAMMAD SAIDAL LAVANWAY · sell · $4,775,734
NOTTENBURG RICHARD N · sell · $1,142,281
LEE RACHEL H · sell · $803,872
MOHMAND MOHAMMAD SAIDAL LAVANWAY · sell · $1,144,500
NOTTENBURG RICHARD N · sell · $305,200
CUMMINS WESLEY · sell · $6,104,000
HASTINGS CHUCK · sell · $441,900
NOTTENBURG RICHARD N · sell · $159,975
ZHANG JASON GECHEN · award
MILLER DOUGLAS S · sell · $150,000
MOHMAND MOHAMMAD SAIDAL LAVANWAY · other
CUMMINS WESLEY · other
HASTINGS CHUCK · sell · $1,333,000
MILLER DOUGLAS S · sell · $136,300
NOTTENBURG RICHARD N · sell · $171,075
LEE RACHEL H · sell · $169,484
BENSON ELLA G · sell · $118,573
MOHMAND MOHAMMAD SAIDAL LAVANWAY · other
MOHMAND MOHAMMAD SAIDAL LAVANWAY · other
CUMMINS WESLEY · other
MANISCALCO MICHAEL · other
MILLER DOUGLAS S · other
NOTTENBURG RICHARD N · sell · $177,000
LALTRELLO LAURA · award
BENSON ELLA G · award
HASTINGS CHUCK · award
MILLER DOUGLAS S · award
NOTTENBURG RICHARD N · award
LEE RACHEL H · award
RENCH DAVID M · other
NOTTENBURG RICHARD N · sell · $460,000
REED KATE · award
NOTTENBURG RICHARD N · award
BENSON ELLA G · award
NOTTENBURG RICHARD N · sell · $145,368
MILLER DOUGLAS S · sell · $80,130
NOTTENBURG RICHARD N · sell · $240,300
NOTTENBURG RICHARD N · sell · $589,440
CUMMINS WESLEY · award
RENCH DAVID M · other
MANISCALCO MICHAEL · other
MILLER DOUGLAS S · sell · $55,000
RENCH DAVID M · other
MANISCALCO MICHAEL · other
MANISCALCO MICHAEL · other
15 signals · latest 3h ago

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