From Nasdaq: 2025-04-11 15:01:00

Applied Digital Corporation (APLD) is scheduled to release its third-quarter fiscal 2025 results on April 14. Analysts expect a 46.63% year-over-year revenue growth to $63.57 million, with a loss of 11 cents per share, unchanged from the past month. APLD shares have underperformed, dropping 33.1% year-to-date. The company’s valuation is stretched, trading at a higher price/sales ratio than its industry.

APLD has a strong partner base, including Super Micro Computer, Hewlett Packard Enterprise, and Dell Technologies. The company’s expanding data center capacity and partnerships are expected to drive growth. However, investors should be cautious of the stretched valuation and competition from other data center providers like Equinix. A Zacks Rank #3 (Hold) suggests waiting for a better entry point to accumulate APLD shares.



Read more at Nasdaq: APLD Set to Report Q3 Earnings: Buy, Sell or Hold the Stock?