Applied Digital Beat Estimates by 61% Last Quarter, and the Market Still Has Not Fully Noticed
Applied Digital (APLD) significantly outperformed its Q3 fiscal 2026 earnings estimates, with revenue beating by 61% and adjusted EPS by 143%. The company, which builds and operates high-performance data centers for AI workloads, has a strong development pipeline, including several hyperscaler campuses under construction. Despite a 615% one-year return, the stock remains below analyst price targets, with risks primarily centered on customer concentration and balance sheet leverage.
https://www.tikr.com/blog/applied-digital-beat-estimates-by-61-last-quarter-and-the-market-still-has-not-fully-noticed