Applied Digital Corp shares surpass analyst target price of $20.55, reaching $24.42/share.

Tuesday, Sep 23, 2025 7:18 am ET1min read

Applied Digital Corp (APLD) shares have crossed above the average analyst 12-month target price of $20.55, reaching $24.42/share. There are 9 analysts with different targets, ranging from $13 to $30. The company's stock price has exceeded the average target price, prompting investors to reassess the valuation and decide if it is time to take profits.

Applied Digital Corp (APLD) shares have crossed above the average analyst 12-month target price of $20.55, reaching $24.42 per share. This development prompts investors to reassess the valuation and consider whether it is time to take profits. With nine analysts providing different target prices ranging from $13 to $30, the stock's recent performance has generated significant interest.

The company's stock price increase comes on the heels of several positive developments, including a 1.9% rise during mid-day trading on September 17, 2025 Applied Digital (NASDAQ:APLD) Trading Up 1.9% - Still a Buy?[1]. Applied Digital's stock has been supported by a consensus rating of "Buy" from research analysts, with multiple firms raising their price targets significantly. For instance, JMP Securities boosted their price target from $12.00 to $18.00, and Needham & Company LLC raised their target from $12.00 to $16.00 Applied Digital (NASDAQ:APLD) Trading Up 1.9% - Still a Buy?[1].

The recent surge in APLD shares can also be attributed to the company's strategic partnerships and financing arrangements. In August 2025, Applied Digital secured additional data center lease agreements with CoreWeave and completed a $50 million debt financing with Macquarie Equipment Capital Inc. These developments support the company's pivot towards AI-focused infrastructure, providing predictable revenue streams Applied Digital (APLD) Is Up 9.6% After Securing CoreWeave Deals and US$50M Debt Raise[2].

However, investors should also consider the risks associated with customer concentration. The expanded CoreWeave lease agreement, while strengthening the predictable revenue pipeline, reinforces reliance on a limited number of large customers. Any reduction in commitments from key clients could have significant implications for cash flows.

Given the current stock price and analyst targets, investors may find it prudent to evaluate the potential for further upside or assess whether the stock has reached a fair valuation. As the stock continues to outperform analyst expectations, it is essential to stay informed about the latest developments and maintain a balanced perspective.

Applied Digital Corp shares surpass analyst target price of $20.55, reaching $24.42/share.

Comments



Add a public comment...
No comments

No comments yet