Dear Applied Digital Stock Fans, Mark Your Calendars for June 16

Applied Digital Corporation, a Dallas-based designer, builder, and operator of AI data centers, is expanding its hyperscale compute strategy for the AI era. The company has been named Best Data Center in the Americas 2025 by Datacloud and touts waterless cooling and rapid deployment as differentiators. It has surpassed 1 gigawatt of contracted capacity across multiple campuses and secured a $5 billion funding facility with Macquarie Asset Management. In lease activity, CoreWeave and several U.S.-based hyperscalers have signed 15-year leases, reinforcing Applied Digital’s role as a pure-play AI infrastructure builder. The firm also reports robust metrics and rapid expansion.

APLD has delivered a dramatic market rally, with a trailing 12-month return around 226% and about 60% year-to-date in 2026. The stock rose from a 52-week low of $9.02 in July 2025 to a May 2026 high of $50.72, a rise exceeding 335%. In its Q3 FY2026 results, the company posted revenue of $126.6 million, up 139% year over year, and adjusted net income of $33.2 million, or $0.09 per share, beating estimates by about $0.23. GAAP net loss reached $100.9 million as stock-based compensation weighed on earnings; cash and equivalents stood at $2.1 billion. Polaris Forge 1, its first 100 MW HPC data center, drove part of the surge.