Weekly Investment Analysts’ Ratings Changes for Applied Digital (APLD)

by · The Cerbat Gem

A number of research firms have changed their ratings and price targets for Applied Digital (NASDAQ: APLD):

  • 5/15/2026 – Applied Digital had its price target raised by Needham & Company LLC to $51.00. They now have a “buy” rating on the stock.
  • 5/7/2026 – Applied Digital was upgraded by Zacks Research from “strong sell” to “hold”.
  • 4/24/2026 – Applied Digital had its “sell (d-)” rating reaffirmed by Weiss Ratings.
  • 4/24/2026 – Applied Digital had its price target raised by Needham & Company LLC to $48.00. They now have a “buy” rating on the stock.
  • 4/23/2026 – Applied Digital had its “buy” rating reaffirmed by Roth Mkm. They now have a $65.00 price target on the stock.
  • 4/11/2026 – Applied Digital was downgraded by Wall Street Zen from “hold” to “sell”.
  • 4/9/2026 – Applied Digital had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $40.00 price target on the stock.
  • 4/8/2026 – Applied Digital was downgraded by Zacks Research from “hold” to “strong sell”.

Insider Buying and Selling at Applied Digital

In related news, Director Richard N. Nottenburg sold 12,500 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $34.59, for a total transaction of $432,375.00. Following the transaction, the director directly owned 208,378 shares in the company, valued at $7,207,795.02. This trade represents a 5.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Douglas S. Miller sold 10,000 shares of the firm’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $34.98, for a total value of $349,800.00. Following the transaction, the director owned 184,859 shares in the company, valued at $6,466,367.82. This trade represents a 5.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 35,000 shares of company stock worth $1,182,175 over the last 90 days. 9.50% of the stock is currently owned by company insiders.

Applied Digital (NASDAQ: APLD) is a technology company specializing in the development and operation of large-scale digital infrastructure and sustainable Bitcoin mining solutions. Through its integrated platform, the company designs, builds and manages turnkey data center facilities while also providing comprehensive hosting services for cloud, colocation and enterprise computing needs. Applied Digital’s modular approach to facility design enables rapid deployment of capacity and streamlined integration of power, cooling and network connectivity.

In addition to its data center business, Applied Digital operates a network of Bitcoin mining sites that leverage vertically integrated capabilities, including hardware procurement, mining farm engineering, energy management and real-time performance monitoring.

See Also