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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/28/2025 | $10.00 | Buy | Compass Point |
| 12/20/2024 | $15.00 | Overweight | Cantor Fitzgerald |
| 10/3/2023 | $14.00 | Buy | ROTH MKM |
| 12/22/2022 | $4.00 | Buy | H.C. Wainwright |
Draws on the Facility are at the Company's discretion; The Company will provide an update on a lease for the Company's Ellendale High Performance Computing data center campus (the "Ellendale HPC Campus") in the near term DALLAS, April 30, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure for HPC applications, announced today that the Company entered into a private financing arrangement with institutional investors (the "Investors"), pursuant to which the Company has the right, but not an obligation, to sell up to $150 million of a newly created series of conv
DALLAS, March 31, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ:APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, will host a conference call on Monday, April 14, 2025, at 5:00 p.m. Eastern Time to discuss its operations and financial results for the fiscal third quarter ended February 28, 2025. A press release detailing these results will be issued after the market closes on the same day. Applied Digital management will provide prepared remarks, followed by a question-and-answer period. Date: Monday, April 14, 2025Time: 5:00 p.m. Eastern Time (
Sumitomo Mitsui Banking Corporation ("SMBC") leads a $375 million financing for the Company's Ellendale High Performance Computing ("HPC") data center campus (the "Ellendale HPC Campus")Provides further validation of the Ellendale HPC Campus through a partnership with one of the world's leading data center financing platforms DALLAS, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure for HPC applications, announced today that the Company, through its HPC subsidiary APLD HPC Holdings LLC ("APLDH"), closed a $375 million financing with SMBC. The Company
SC 13D/A - Applied Digital Corp. (0001144879) (Subject)
SC 13G/A - Applied Digital Corp. (0001144879) (Subject)
SC 13G/A - Applied Digital Corp. (0001144879) (Subject)
Compass Point initiated coverage of Applied Digital Corporation with a rating of Buy and set a new price target of $10.00
Cantor Fitzgerald initiated coverage of Applied Digital Corporation with a rating of Overweight and set a new price target of $15.00
ROTH MKM initiated coverage of Applied Digital Corporation with a rating of Buy and set a new price target of $14.00
4 - Applied Digital Corp. (0001144879) (Issuer)
4 - Applied Digital Corp. (0001144879) (Issuer)
4 - Applied Digital Corp. (0001144879) (Issuer)
DALLAS, March 31, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ:APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, will host a conference call on Monday, April 14, 2025, at 5:00 p.m. Eastern Time to discuss its operations and financial results for the fiscal third quarter ended February 28, 2025. A press release detailing these results will be issued after the market closes on the same day. Applied Digital management will provide prepared remarks, followed by a question-and-answer period. Date: Monday, April 14, 2025Time: 5:00 p.m. Eastern Time (
The $5.0 Billion Investment Can Support Over 2 GW of HPC Data Center Development Funds managed by Macquarie Asset Management ("MAM") to invest up to $900 million in the Company's Ellendale High Performance Computing ("HPC") data center campus (the "Ellendale HPC Campus").Agreement to provide MAM a right to invest up to an additional $4.1 billion across Applied Digital's future HPC data center pipeline.The MAM investment, in conjunction with future project financing, to be used to repay project-level debt and allow the Company to recover over an estimated $300 million of its equity investment in the Ellendale HPC Campus.MAM's investment will take the form of a perpetual preferred and 15% com
ATLANTA, Dec. 19, 2024 /PRNewswire/ -- NEWSTAR Exchange, a subsidiary of NEWSTAR, announced today that it has acquired Hadley Crossing by Stella Homes, a single-family rental subdivision located in Charlotte, North Carolina, and launched a new Delaware Statutory Trust offering for accredited investors seeking to complete like-kind exchanges under IRC Section 1031. www.newstar-am.com (PRNewsfoto/NewStar Asset Management)" alt="NEWSTAR | www.newstar-am.com (PRNewsfoto/NewStar Asset Management)"> The property was developed by NEWSTAR and features 44, 4-bedroom detached homes with
DALLAS, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ:APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure for HPC applications, today welcomes Laura Laltrello as the Company's new Chief Operating Officer (COO). The onboarding of Ms. Laltrello is intended to enhance the Company's position as a leader in next-generation data centers and digital cloud solutions at the forefront of the AI revolution. As COO, Ms. Laltrello will work closely with the Applied Digital leadership team to drive the execution of the Company's strategic vision and oversee all aspects of day-to-day operations. She brings to her
DALLAS, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ:APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced the appointment of Gary Smith as its new Senior Director of Physical Security. Smith has over 40 years of experience in law enforcement and corporate security and is expected to play a pivotal role in the ongoing safety and integrity of Applied Digital's facilities. In this role, Smith will be responsible for overseeing all aspects of physical safety at Applied Digital, including security services, access control, and s
DALLAS, July 24, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ:APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced the appointment of Tom Burke as its Chief Revenue Officer (CRO). With over a decade of experience in leading global sales and AI partnership strategies, we believe Mr. Burke is poised to drive Applied Digital's revenue growth and strategic partnerships forward. In his new role, Burke will be responsible for overseeing revenue-generating functions for the Company's business, such as sales and customer success, and deve
8-K - Applied Digital Corp. (0001144879) (Filer)
8-K/A - Applied Digital Corp. (0001144879) (Filer)
10-Q - Applied Digital Corp. (0001144879) (Filer)