Applied Digital is set to enjoy a boost in revenue from its data centers, with a strong expansion ahead. Despite concerns about AI stocks, companies have seen impressive growth, driven by technology adoption. Applied Digital is constructing data center complexes and has signed lease contracts for $11 billion over fifteen years. Analysts expect revenue to jump, with a 76% price target increase. The company’s revenue growth is expected to accelerate, potentially doubling its market value. Investors may want to consider the growth potential of Applied Digital in 2026.

Source: https://www.fool.com/mms/mark/e-sa-nonbbn-kp?aid=8867&source=isaedikp0000069&ftm_cam=sa-bbn-evergreen&ftm_veh=keypoints_pitch_feed_partner&ftm_pit=17995

Read more at Nasdaq: 1 Artificial Intelligence Stock That Could Double in 2026