$APLD (Applied Digital Corp.) — investor discussion on X

$APLD | Wells Fargo 𝗺𝗮𝗶𝗻𝘁𝗮𝗶𝗻𝘀 𝗢𝘃𝗲𝗿𝘄𝗲𝗶𝗴𝗵𝘁 on 𝗔𝗽𝗽𝗹𝗶𝗲𝗱 𝗗𝗶𝗴𝗶𝘁𝗮𝗹, raises PT to $𝟱𝟱 from $𝟱𝟬 Analyst sees on-time, on-budget execution, a robust leasing pipeline and higher-yield expansion leases. https://t.co/Q8RH6lI65k

Wells Fargo has raised their price target on $APLD to $55 from $50 while maintaining overweight rating🎯 They believe the market is underly optimistic about their Finland expansion. They also believe the debt raise should ease concerns about interest rates rising. https://t.co/WKo

Wells Fargo raised $APLD price target to $55 from $50 and maintained an Overweight rating Increase in PT reflects: • Finland expansion into probability-weighted pipeline • PF3/DF1/DF2 debt raise which should ease any concerns around rising rates and credit availability • 250 MW e

$APLD nearly tripled revenue consensus and lost almost 12 times more than a year ago. Same quarter, same mechanism. $183.5M of the $341.9M was tenant fit-out work. Base rent was $65.8M. Fit-out is construction. Rent services the debt, and the debt prices off a 5.3% 10-year. https

JUST IN: Applied Digital $APLD reports 320% YoY revenue growth to $341.9M

Analysts see Applied Digital's AI data center growth on track $APLD #economy #trading #stockmarket https://seekingalpha.com/news/4651379-analysts-see-applied-digitals-ai-data-center-growth-on-track?source=social%3Atwitter%3Atrending_pred_tickers&utm_campaign=trending_pred_tickers