Applied Digital (APLD) – Research Analysts’ Recent Ratings Updates

Applied Digital (NASDAQ: APLD) has recently received a number of price target changes and ratings updates:

• 8/8/2026 – Applied Digital was downgraded by Wall Street Zen from “sell” to “strong sell”.
• 8/6/2026 – Applied Digital had its price target raised by Morgan Stanley from $36.50 to $37.50. They now have an “equal weight” rating on the stock.
• 8/3/2026 – Applied Digital had its “buy” rating reaffirmed by B. Riley Financial, Inc.. They now have a $75.00 price target on the stock, up from $66.00.
• 8/3/2026 – Applied Digital had its “market outperform” rating reaffirmed by Citigroup Inc..
• 7/28/2026 – Applied Digital had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $83.00 price target on the stock.
• 7/27/2026 – Applied Digital was upgraded by Zacks Research from “strong sell” to “hold”.
• 7/23/2026 – Applied Digital is now covered by Morgan Stanley. They set a “buy” rating and a $36.50 price target on the stock.
• 7/21/2026 – Applied Digital had its “sell (d-)” rating reaffirmed by Weiss Ratings.
• 6/17/2026 – Applied Digital was given a new $82.00 price target by Northland Securities. They now have an “outperform” rating on the stock.

Insider Activity at Applied Digital

In related news, Director Richard N. Nottenburg sold 75,000 shares of Applied Digital stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $31.15, for a total value of $2,336,250.00. Following the completion of the transaction, the director owned 133,378 shares in the company, valued at $4,154,724.70. The trade was a 35.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 9.50% of the stock is 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.