Extremely important negative changes in investment behavior have recently occurred for Applied Digital Corp (NASDAQ: APLD): the stock’s recent price decline challenged its longer term uptrend, its longer term price trend turned down, and negative upside/downside volume developed.
Slight negative changes in fundamentals have recently occurred for Applied Digital Corp (NASDAQ: APLD): the consensus estimate for May, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be below the cost of capital, APLD is expected to continue to be a modest Value Eraser.
Applied Digital has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Applied Digital has a poor Appreciation Score of 18 and a very low Power Rating of 7, leading to the Lowest Value Trend Rating.
Recent Price Action
On 9/4/24, Applied Digital Corp (NASDAQ: APLD) stock enjoyed a large increase of 2.9%, closing at $3.24. This advance was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months and has declined -34.1% during the last week.
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