
The AI data center selloff has hit builders and chip renters alike, and Applied Digital (NASDAQ:APLD) sits near the center of it. Applied Digital stock is down 39% over the past month to $15.48 in afternoon trading.
Applied Blockchain, Inc. is engaged in crypto mining and co-hosting operations. The company is headquartered in Dallas, Texas.
| Revenue (TTM) | $872.25M |
| Gross Profit (TTM) | $188.80M |
| EBITDA | $-124.13M |
| Operating Margin | -18.20% |
| Return on Equity | -13.60% |
| Return on Assets | -2.03% |
| Revenue/Share (TTM) | $3.07 |
| Book Value | $5.39 |
| Price-to-Book | 3.13 |
| Price-to-Sales (TTM) | 4.91 |
| EV/Revenue | 9.81 |
| EV/EBITDA | -7.43 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 322.40% |
| Shares Outstanding | $302.39M |
| Float | $261.21M |
| % Insiders | 7.72% |
| % Institutions | 74.55% |
Volatility is currently expanding

The AI data center selloff has hit builders and chip renters alike, and Applied Digital (NASDAQ:APLD) sits near the center of it. Applied Digital stock is down 39% over the past month to $15.48 in afternoon trading.

Applied Digital Corporation (APLD) reported earnings 30 days ago. What's next for the stock?

Texas politics is becoming the biggest risk for former crypto miners that have rebuilt themselves as AI data center landlords. Applied Digital (NASDAQ:APLD) stock is at $13.74, down 17% in early trading.

Applied Digital NASDAQ: APLD stockholders elected all six of the company's director nominees, ratified its auditor appointment for fiscal 2027, approved executive compensation on an advisory basis and authorized a potential meeting adjournment, according to preliminary results announced at the company's 2026 annual meeting.

AI data center stocks are clawing back ground after a financing scare shook the group, and one data center developer is leading the rebound. Applied Digital (NASDAQ:APLD) stock is at $17.

Applied Digital is rapidly scaling its infrastructure to support high-performance computing and massive AI Factory campuses. IREN is executing a strategic pivot away from Bitcoin mining toward premium AI cloud services and large-scale data center development.

Worries over how the AI data center buildout gets paid for are back in focus. Applied Digital (NASDAQ:APLD) stock is at $16.33 in afternoon trading, down 8%.

Share prices in these two companies have dropped as investors are concerned about the risk.

Applied Digital is generating revenue from long-term AI deals and has lower overhead than neoclouds. SpaceX's report demonstrated substantial demand for AI compute, which bodes well for Applied Digital.

AI data center stocks are rallying, and the strongest gains belong to the operators building high-performance computing capacity for hyperscale tenants. Applied Digital (NASDAQ:APLD) stock is at $19.56, up 10%, marking the biggest rebound in the group.
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