Roth Capital Initiates Coverage on Applied Digital Corporation (APLD) with Buy

Market Context

Applied Digital Corporation operates in the Technology sector. The stock currently trades at $20.71 with a market capitalization of $7.6B. The stock has declined 47.5% over the past 52 weeks.

Analyst coverage from Roth Capital provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Applied Digital Corporation.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for Applied Digital Corporation

Among the 10 most recent ratings: 7 Buy, 3 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Oct 21, 2026	Roth Capital	Buy	N/A
Oct 12, 2026	Morgan Stanley	Equal-Weight	N/A
Oct 08, 2026	Freedom Capital Markets	Buy	N/A
Oct 08, 2026	Needham	Buy	N/A
Oct 08, 2026	Wells Fargo	Overweight	N/A

Related Tools: Analyst Ratings Dashboard | View APLD Stock Page