How do analysts rate APLD's short-term price target?

Analysts rate Applied Digital Corporation (APLD) short-term price targets as follows:

1. Recent Analyst Ratings:

• Roth Capital: Maintains a positive outlook with a price target of $17.50 per share, indicating a potential upside from the current price.
• Compass Point: Downgraded APLD from Buy to Neutral with a new price target of $13.00, suggesting a more cautious outlook.
• Citizens JMP: Initiated coverage with a Market Outperform rating and a price target of $12.00, also indicating a more conservative stance.

2. Average Short-term Price Target: The average target price from 9 analysts is $14.61, with a high estimate of $18.00 and a low estimate of $12.00. This suggests a range of potential outcomes, with the average target implying an upside of 38.49% from the current price of $10.55.
3. Technical Analysis Indicators: The Bollinger Bands for APLD are narrowing, which can be a precursor to a breakout. The KDJ Death Cross suggests a potential shift in momentum towards the downside. These indicators suggest that while there is potential for upward movement, there are also signs of potential volatility and a possible pullback.

In conclusion, analysts have varying ratings and price targets for APLD's short-term outlook. While some analysts are bullish, with price targets above the current level, others are more cautious, suggesting lower price targets. The average target price implies a significant upside, but technical indicators suggest that investors should be mindful of potential volatility and short-term price movements.