Home / Business and Economy / Applied Digital Earnings Surprise: Analysts Predict Decline, Stock Soars
Applied Digital Earnings Surprise: Analysts Predict Decline, Stock Soars
9 Oct, 2025
Summary
- Applied Digital reports strong Q3 earnings despite analysts' expectations of a decline
- Company beats EPS estimates, revenue in line with forecasts
- Stock price up 97.3% in the last month, heading into earnings with $25.11 average analyst price target
Applied Digital, a digital infrastructure provider, is set to announce its Q3 earnings results this Thursday after the market close. The company met analysts' revenue expectations last quarter, reporting $38.01 million in revenue, down 13% year-over-year. However, it was a strong quarter for Applied Digital, with the company beating analysts' EPS estimates.
This quarter, analysts are expecting Applied Digital's revenue to decline 10.1% year-over-year to $54.59 million, a reversal from the 67.1% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.16 per share.
Despite the analysts' predictions of a decline, Applied Digital's stock price has been on a tear, up 97.3% in the last month. The company is heading into earnings with an average analyst price target of $25.11, compared to the current share price of $27.44. Investors in the IT services and other tech segment have had steady hands going into earnings, with share prices up 1.9% on average over the last month.
