MarketBeat
12 Jun 2026, 12:30 UTC · 13w ago
Verdict
Headline takes no side. We score APLD +0.80 across five claims — strongly bullish.
+0.80strongly bullish
More positive than 87% of ticker scores this week
What the story claims
5 claims · scored −1 bearish … +1 bullish
Applied Digital has secured $36 billion in total contracted base-term lease revenue, with 70% backed by U.S. investment-grade hyperscalers.
More positive than 98% of claims this week
Applied Digital finalized a 15-year, 210-megawatt lease at its Delta Forge 2 campus, utilizing proprietary waterless cooling technology.
Continue reading
5 related stories
Scored by the NIS engine · methodology.
Top 3 movers · tap to explore
More positive than 84% of claims this week
The company's current valuation is based on extreme growth expectations, with a price-to-sales ratio of 35 and a trailing 12-month EPS loss of 74 cents.
So whatHigh multiples and lack of current profitability make the stock vulnerable to volatility and sensitive to interest rate or execution misses.
More negative than 80% of claims this week
The company issued $1.59 billion in 7.000% senior secured notes to fund the construction of the ELN-04 building and retire a high-interest Goldman Sachs bridge loan.
So whatWhile adding debt, the purpose is growth-oriented (CAPEX) and optimizes the balance sheet by replacing expensive bridge financing.
More positive than 65% of claims this week
Operations for Delta Forge 2 are targeted to commence in Q1 2028, marking the date when these specific multi-billion-dollar contracts begin generating yield.
More positive than 53% of claims this week
Which stocks this story touches
More positive than 87% of ticker scores this week
Strong growth outlook due to massive lease revenue, strategic pivot to infrastructure landlord, and bullish analyst targets.
More negative than 74% of ticker scores this week
Characterized as a legacy miner attempting a pivot but lacking the capital backing to execute at scale.
More negative than 70% of ticker scores this week
Mentioned as bearing more direct hardware depreciation risk compared to Applied Digital's real estate model.
More negative than 70% of ticker scores this week
Mentioned as bearing more direct hardware depreciation risk compared to Applied Digital's real estate model.
Free · No account
Get a free daily PDF briefing — the last 24 hours of news, with summaries and the market-impact score for each story, delivered an hour before the open.
We’ll watch
Pre-filled from this story — remove any you don’t want. Add more tickers & tags or fine-tune your watchlist anytime — every email has an edit link, no account needed.
Free forever · one email a day, max · unsubscribe in one click.How it works
CNBC
8h ago
More positive than 14% of relationship scores this week
[mutual] Both companies are described as peers in the AI infrastructure and digital infrastructure space.
More positive than 14% of relationship scores this week
[mutual] Both companies are described as peers in the AI infrastructure and digital infrastructure space.
−41.2%
Price is moving against the score
$24.39 vs $41.47 close before publication (Jun 11) · not market-adjusted
APLD chart →
