Applied Digital’s Massive Beat Can Take APLD Stock to $100 Next Year[Stocks](https://moneymorning.com/category/article/stocks/) # Applied Digital’s Massive Beat Can Take APLD Stock to $100 Next Year  by Omor IE  October 10, 2025  Share it: **Applied Digital** ( [APLD](https://moneymorning.com/stocks/apld)) is up over 587% in the past six months and is accelerating even more. The company was mostly involved with crypto mining in the past, but has pivoted to AI, which has been very fruitful. The company has received several big-name contracts, with the **CoreWeave** (CRWV) deal being expanded again today. In parallel, Applied Digital announced solid Q1 FY 2026 results, with revenue surging 84% year-over-year to $64.2 million. Adjusted loss was just 3 cents per share. Analysts expected a loss of 13 cents per share and $50 million in revenue. Applied Digital announced that it secured full capacity for its Polaris Forge 1 data center. Plus, the CoreWeave deal is being expanded by 150 MW. Prospective lease revenue is now at $11 billion, with the Polaris Forge 1 potentially expanding to 1 GW between 2028 and 2030.  ## **How high can APLD stock go?** [APLD](https://moneymorning.com/stocks/apld) soared beyond $39 back in 2004 before retreating to $34.6 as of this writing. The next leg up could take it beyond $50 by the end of this year. Applied Digital’s massive beat on the top and bottom lines are likely to carry on momentum to the following quarters, and this can lead to a sustained rally if the company lands more contracts from cloud computing companies. The company has a target of achieving a $1 billion net operating income run rate within five years. At this rate, even that may come earlier than scheduled. As such, [APLD](https://moneymorning.com/stocks/apld) stock is worth having more exposure to. The stock could double or more in 12 months if management can keep executing. **Beat the market, without relying on brokers or biased institutions.** Email(Required) X/Twitter This field is for validation purposes and should be left unchanged. Subscribe By submitting your email address, you will receive a free subscription to _Money Morning!_ and occasional special offers from us and our affiliates. You can unsubscribe at any time and we encourage you to read more about our [Privacy Policy](https://moneymorning.com/privacy/). ## One moment, please: Processing your submission ###### More Trending Stories from Money Morning - [$10,000 Invested in MercadoLibre 5 Years Ago Would Be How Much?!](https://moneymorning.com/2026/02/27/10000-invested-in-mercadolibre-5-years-ago-would-be-how-much/) - [Is a Buyout the Hope PayPal Investors Have Been Waiting For?](https://moneymorning.com/2026/02/27/is-a-buyout-the-hope-paypal-investors-have-been-waiting-for/) - [Here's Why ACM Research Is a Buy Despite Its Earnings Miss](https://moneymorning.com/2026/02/27/heres-why-acm-research-is-a-buy-despite-earnings/) - [Axon Enterprise Stuns the Market With Huge Q4 Earnings Beat](https://moneymorning.com/2026/02/27/axon-enterprise-stuns-the-market-with-huge-q4-earnings-beat/) - [Anthropic Mauls CrowdStrike Again. Here's Why the Cybersecurity Stock Is a Buy](https://moneymorning.com/2026/02/25/anthropic-mauls-crowdstrike-again-heres-why-the-cybersecurity-stock-is-a-buy/) Share it: ### Popular Articles ###### [Here's Why ACM Research Is a Buy Despite Its Earnings Miss](https://moneymorning.com/2026/03/01/why-acm-research-is-a-buy-despite-earnings/) March 1, 2026 ###### [$10,000 Invested in MercadoLibre 5 Years Ago Would Be How Much?!](https://moneymorning.com/2026/02/27/10000-invested-in-mercadolibre-5-years-ago-would-be-how-much/) February 27, 2026 ###### [Here's Why ACM Research Is a Buy Despite Its Earnings Miss](https://moneymorning.com/2026/02/27/heres-why-acm-research-is-a-buy-despite-earnings/) February 27, 2026 ###### [Axon Enterprise Stuns the Market With Huge Q4 Earnings Beat](https://moneymorning.com/2026/02/27/axon-enterprise-stuns-the-market-with-huge-q4-earnings-beat/) February 27, 2026 Notifications reCAPTCHA Recaptcha requires verification. [Privacy](https://www.google.com/intl/en/policies/privacy/) \- [Terms](https://www.google.com/intl/en/policies/terms/) protected by **reCAPTCHA** [Privacy](https://www.google.com/intl/en/policies/privacy/) \- [Terms](https://www.google.com/intl/en/policies/terms/)