Deep Dive Into Applied Digital Stock: Analyst Perspectives (13 Ratings)
Portfolio Pulse from Benzinga Insights
Applied Digital (NASDAQ:APLD) has received 13 bullish analyst ratings in the past three months, with an average 12-month price target of $10.15, reflecting a 9.02% increase from the previous target. The company has shown significant revenue growth and strong net margins, but faces challenges with return on equity.
November 01, 2024 | 4:00 pm
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Applied Digital has received 13 bullish analyst ratings, with an average price target of $10.15, up 9.02% from the previous target. The company shows strong revenue growth but faces challenges with return on equity.
The unanimous bullish ratings and increased price target suggest positive sentiment among analysts, likely boosting investor confidence and short-term stock price. However, challenges in ROE may temper long-term expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100