Applied Digital Corporation - Common Stock (APLD)

The growth potential of these companies in the AI market could be significantly undervalued.

Shares of digital infrastructure provider Applied Digital (NASDAQ:APLD) jumped 4.8% in the afternoon session after investor optimism grew on the back of its strong growth pipeline, a substantial order backlog, and increasing demand for its artificial intelligence (AI) infrastructure. 

As of January 16, 2026, the financial markets are witnessing a profound "regime shift" that has caught many institutional investors by surprise. After more than a decade of large-cap technology dominance, the first few weeks of the new year have solidified a trend that began in late 2025: the decisive

Applied Digital Q2 2026 Earnings Call Transcript

This artificial intelligence (AI) infrastructure company released a stellar earnings report for its most recent quarter, and its stock is skyrocketing.

Micron and Applied Digital both benefit from bottlenecks in the artificial intelligence (AI) infrastructure buildout.

AI is expected to remain a key growth driver for the stock market this year.

The high price target for Applied Digital implies the stock can rally by 170% from current levels.

Discover why Applied Digital's bold AI data-center strategy and ChronoScale spin-off could become one of the most important growth stories in 2026.

Applied Digital's fourth quarter was marked by strong revenue growth and a positive market reaction, with results exceeding Wall Street expectations. Management credited the rapid energization of the Polaris Forge 1 data center, which began generating lease revenues ahead of schedule, as a key driver. CEO Wes Cummins highlighted the completion of the first of three contracted buildings for CoreWeave and the signing of a major lease with a U.S.-based hyperscaler as instrumental milestones. The company also benefited from robust demand for high-performance computing infrastructure, particularly for artificial intelligence and cloud workloads. Management emphasized that modular, efficient construction and access to low-cost energy in the Dakotas provided a competitive advantage.

Applied Digital is soaring impressively in 2026 already, but can it deliver more gains?

The AI sector continues to grow, and there are plenty of promising ways to invest in it.

The stock has been a huge winner over the past year.

Steam turbines will start powering AI workloads in 2028.

On Jan. 9, 2026, Applied Digital surged as investors focused on accelerating AI-driven revenue and clearer visibility around hyperscaler contracts.

Shares of digital infrastructure provider Applied Digital (NASDAQ:APLD) jumped 12.9% in the morning session after the stock's positive momentum continued as it reported impressive second-quarter growth metrics that significantly beat Wall Street expectations. 

Oklo shares shot up more than 13% by Friday’s midday session after the company announced an agreement with Meta Platforms to advance a 1.2-gigawatt power project in Ohio.

B. Riley raised the target on Applied Digital to $53 from $47 while maintaining a ‘Buy’ rating.

The company has a heck of a lot of potential, but there are some concerns.

The AI investment realm is full of great opportunities in 2026.

The data center designer is positioning itself at the epicenter of the artificial intelligence (AI) boom.

In a definitive signal that the artificial intelligence infrastructure boom is entering a new phase of hyper-growth, Applied Digital (Nasdaq: APLD) reported a "blowout" fiscal second quarter of 2026, sending its shares soaring nearly 12% in a single day. The company, which has rapidly pivoted from its roots in cryptocurrency