Applied Digital builds and leases data centers that house high-powered computing equipment for artificial intelligence customers. We follow it because its business is artificial intelligence itself.
Checked against the company's own business description in its latest annual filing. · entry updated 2026-10-19
Bears on our standing view that spending on the AI build is running ahead of its revenue. It is proved wrong if cloud revenue keeps pace with contracted backlog through the next two rounds of reports, and no other big buyer starts renting out spare capacity.
last revised 19 Oct 2026 · next scheduled disclosure not yet announced
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The market record
Free during the preview. Each figure shows only where two independent data providers, Massive and Yahoo, agree on it to the cent; a figure they do not agree on is left out. Dated, not live. It describes; it does not recommend.
Last close$15.55 close of 6 Nov 2026 · Massive and Yahoo agree
The day's range$14.71 – $15.80 6 Nov 2026 · both providers agree
Market value$4.7 billion the 6 Nov 2026 close × 302,387,140 shares outstanding on the 10-Q cover, as of 6 Oct 2026
Filings
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—No figure from this company appears in a committed piece yet.
Mentioned in
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19 Oct 2026Entry rewritten in plain words: what the company sells, and why we follow it.
12 Oct 2026Verified against the 10-Q filed 2026-10-07 at launch.
Prices on this page are dated market records, shown free during the preview, each confirmed by two independent data providers. None is a recommendation.
Record
Written according to the Grant Bishop standard — machine-researched, machine-checked, human-judged; then read and committed by the publisher. Every number traces to a filing or a dated market record; every claim carries a date and what would prove it wrong.
