Applied Digital CorporationAPLD

$46.59+1.02 (+2.24%)
NASDAQTechnology24:00 UTC

Company snapshot

Market Cap
$13B
Large-cap
+4929%
2022 — today
10-Year Price
+888%
2022 — today
52-Week Range
$9.18$49.65
Current $46.59· 92%

Applied Digital Corporation (ADC) is a North American firm specializing in digital infrastructure and cloud-based solutions, primarily serving the high-performance computing (HPC) and artificial intelligence (AI) sectors. Its business is structured around three key segments: Data Center Hosting, Cloud Services, and dedicated HPC Hosting. ADC offers essential infrastructure support to cryptocurrency mining clients. Furthermore, it delivers robust GPU computing capabilities crucial for intensive AI, machine learning, and various other HPC workloads. The company also undertakes the comprehensive design, construction, and management of data centers specifically engineered to facilitate HPC applications. Formerly known as Applied Blockchain, Inc., the company officially adopted the name Applied Digital Corporation in November 2022. Its corporate headquarters are situated in Dallas, Texas.

Valuation in context

P/E ratio
-61.9
N/A
Not meaningful — company is unprofitable
P/B ratio
4.9
Historically pricey
Historically pricey — last 10 years
FCF Yield
-14.3%
Historically high
Historically high relative to the last 10 years
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