Applied Digital Corp reports results for the quarter ended May 31 - Earnings Summary

Applied Digital

27/07/2026 22:49

Applied Digital Corp APLD.OQ reported a quarterly adjusted loss of 39 cents​​ per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of -24 cents.  The mean expectation of nine analysts for the quarter was for a loss of 22 cents per share. Wall Street expected results to range from -48 cents to -5 cents per share.
Revenue rose 580.7% to $258.75 million from a year ago; analysts expected $94.84 million. 
Applied Digital Corp's reported EPS for the quarter was a loss of 39 cents​.
The company reported a quarterly loss of $111.58 million.
Applied Digital Corp shares had fallen by 27.1% this quarter and gained 10.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 17.4% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy" 
Wall Street's median 12-month price target for Applied Digital Corp is $69.00, about 60.6% above its last closing price of $27.19
This summary was machine generated from LSEG data July 27 at 09:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
May. 31 2026 
-0.22
-0.39
Missed
Feb. 28 2026 
-0.13
-0.40
Missed
Nov. 30 2025 
-0.12
-0.13
Missed
Aug. 31 2025 
-0.14
-0.07
Beat