Applied Digital (APLD) Q3 2026 earnings — TrendMatrix coverage

Adjusted EPS

-$0.01

Estimate

-$0.30

Surprise

+96.7%

Revenue (period 2026-08-31)

$262.8M

Score today

4.4/10

Revenue source: xbrl.

Applied Digital (APLD) reported a narrower loss than forecast — adjusted EPS of -$0.01 against the -$0.30 estimate (a 96.7% beat on a still-unprofitable quarter).

• These Analysts Revise Their Forecasts On Applied Digital Following Q1 Results — benzinga, 2026-10-08
• Bitcoin Slide Meets 5.7% Bond Yields: Neoclouds Get Hit From Both Sides — benzinga, 2026-10-08
• Wells Fargo Maintains Overweight on Applied Digital, Raises Price Target to $55 — benzinga, 2026-10-08

TrendMatrix currently rates APLD Sell at 4.4/10; no pre/post engine snapshot brackets this report.

3 of the last 4 quarters beat the estimate; this quarter's +96.7% surprise compares with a +115.2% four-quarter average. Next scheduled report: 2027-01-06.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$19.91

Price target

$26.31

Stop

$18.51

Upside to target

+32.2%

Model outputs from TrendMatrix’s engine as of 2026-10-28 — shown for context, not personalized investment advice.

Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.

Industry

Information Technology Services

Market cap

$5.90B

P/E (fwd)

-24.9

52-week range

$17.50–$50.73

Off 52-week high

60.8%

RSI (14)

36

Volume vs avg

0.75×

Score today

4.4/10