Reported 1 day ago
Applied Digital Corporation (NASDAQ:APLD) has experienced a more than 25% increase in its stock price since its FQ1 2026 earnings release on October 9, where it reported a revenue of $64.22 million, surpassing expectations. Analysts from Lucid Capital and Needham have both issued Buy ratings, with price targets reaching up to $44 and $41, respectively, highlighting the company's strong position in the digital infrastructure sector, particularly in blockchain and AI technologies.
Source: YAHOO