Applied Digital Has Fallen Hard Over 1 Year: One Lead Analyst Says It’s Going to Nearly Triple in Price
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The post Applied Digital Has Fallen Hard Over 1 Year: One Lead Analyst Says It’s Going to Nearly Triple in Price appeared first on 24/7 Wall St..
Applied Digital (NASDAQ:APLD) currently trades at $23.85, while analysts’ average price target stands at $65.37. That gap implies 174% upside.
Applied Digital builds and rents AI data center campuses to hyperscalers. It has roughly 1.41 GW of critical IT load rents across five campuses and about $36B in contracted lease revenue over initial
Applied Digital (NASDAQ:APLD) currently trades at $23.85, while analysts’ average price target stands at $65.37. That gap implies 174% upside.
Applied Digital builds and rents AI data center campuses to hyperscalers. It has roughly 1.41 GW of critical IT load rents across five campuses and about $36B in contracted lease revenue over initial
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