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Earnings warning

Applied Digital

NSQ:APLD · US0381692070
IT ServicesMedium

360

4
Profit price87
Owner Earnings Yield1
Dividend Yield1
Price/Sales5
EV / Gross Profit2
Price/Book19
Return on Capital9
Cash Return on Capital1
Return on Equity8
EBIT Margin4
Gross Profitability1
Accruals1
Owner Earnings Margin1
Sales growth100
Profit growth1
Reinvestment96
Price momentum95
Debt load27
Refinancing60
Debt Payback1
Liquidity35
Analyst ratings89
Opinion Changes50
Price Target Upside96
Market mood27
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Applied Digital clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryIT Services
SizeMedium
TypePublic Company
ExchangeNASDAQGS
Employees185
ISINUS0381692070
Last UpdateApr 2, 2026
Themes
Machine LearningGPU-as-a-Service (GaaS)IaaS (Infrastructure as a Service)BlockchainSupercomputersArtificial IntelligenceCloud InfrastructureData Centers and FacilitiesData Center TechnologyCryptocurrencyFinance

Description

Applied Digital Corporation operates as a United States (‘U.S.’) designer, developer, and operator of next-generation data center infrastructure across North America. The company provides data center infrastructure solutions to the rapidly growing i…

Analysis

Weak and unloved

Applied Digital Corporation is weak and unloved: below-average business metrics and a price that reflects that disappointment.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is fragile. The company scores 8/20 on our value-creation score: creating some value. Analysts lean positive.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
61
2026

All-time high

76

Mar 2026

All-time low

61

Jun 2026

Average rank

69

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
5
Price/Earnings
93
Price/Book
19
Dividend Yield
1
Value (overall)
31

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →