Applied Digital Corp Surpasses Analyst Target Price of $16.20/Share

Applied Digital Corp (APLD) shares have crossed above the average analyst 12-month target price of $16.20, trading at $16.34/share. There are 10 different analyst targets, with a standard deviation of $4.366. The average target is based on the "wisdom of crowds" effort, considering individual analyst contributions. Investors should assess the company and decide whether $16.20 is a stop on the way to a higher target or if the valuation has gotten stretched.

Applied Digital Corp (APLD) shares have crossed above the average analyst 12-month target price of $16.20, trading at $16.34 per share as of July 2, 2025. This development marks a significant milestone for the company, which is focused on providing digital infrastructure solutions.

The average target price, calculated from contributions of 10 different analysts, signifies a consensus among financial experts that APLD's stock is undervalued. The standard deviation of $4.366 indicates a range of opinions, with some analysts targeting as low as $7.00 and others as high as $24.00. The average target price is a reflection of the "wisdom of crowds" approach, aggregating the insights of various analysts to provide a collective view.

Investors are encouraged to reassess the company's fundamentals and decide whether the current valuation represents a temporary upward trend or a more substantial shift. The recent performance of APLD, including its ambitious expansion plans and strong market capitalization, suggests that there may be further upside potential.

Reference List:
[1] https://site.financialmodelingprep.com/market-news/stock-article-for-68a34722f02aa2a14cdbbfae
[2] https://www.nasdaq.com/articles/apld-crosses-above-average-analyst-target-0