B+
Bull case
25%
Probability
Target price
$39.00
Analysis reference price unavailable
Analysis 2026-09-03 · RankAlpha Sentiment Codex
APLD
Applied DigitalCNasdaq / Software & Services
Last Price
Quote time unavailable
AI scenario view
RankAlpha Sentiment CodexMost likely
B
Base case
50%
Probability
Target price
$27.00
Analysis reference price unavailable
Analysis 2026-09-03 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$18.50
Analysis reference price unavailable
Analysis 2026-09-03 · RankAlpha Sentiment Codex
The current persistence contract does not provide an exact AI reference price. RankAlpha therefore does not calculate scenario return from the live quote. How scenarios are presented
AI sentiment snapshot
Latest data as of 2026-09-03
Recent news sentiment (30D)
-
Unavailable
Company
-
Unavailable
Macro
-
Unavailable
Pulse
-
Unavailable
Weekly research (10D)
-
Unavailable
Sentiment proxy
+72.0
Score
AI commentary
Recent headlines are mixed: lease and AI-infrastructure coverage remains constructive, while other coverage highlights share-price weakness. Social, options, short-interest, and employee-sentiment metrics were not provided. Analyst-revision breadth and direct operating-peer evidence are also unavailable, supporting a monitoring-style Hold rather than a high-conviction directional call.
RankAlpha Sentiment Codex - 2026-09-03
Open full AI memoEvidence flagged
report lacks a dated company-specific catalyst beyond generic cadence for its sector profile; peer set is too generic or lacks enough direct operating comparators
Impact
tentative
Confidence
-
AI events
2026-12-02eventDelta Forge 2 reaches initial operationsHigh impact
A third 15-year take-or-pay lease with the same high-investment-grade hyperscaler covers 210 MW at Delta Forge 2 and approximately $5.2 billion of base-term contracted revenue. Initial operations are expected in the first half of calendar year 2028. [#SEC-8K-2026-07-27]
2026-12-02catalystInitial operations at Delta Forge 1 and Polaris Forge 3High impact
Applied Digital disclosed 15-year take-or-pay leases covering 300 MW at Delta Forge 1 and 300 MW at Polaris Forge 3, each with approximately $7.5 billion of base-term contracted revenue. Initial operations are expected during calendar year 2027. [#SEC-8K-2026-07-27]
2027-09-03catalystConversion of contracted backlog into operating cash flowHigh impact
The long-term thesis depends on financing, construction, commissioning, and stabilization of the contracted campuses during 2027-2028. The latest release also reported Ready for Service progress at Polaris Forge 1. [#SEC-8K-2026-07-27]
Recommendation
N/A
No formal recommendation provided.
As of 2026-09-03 • Updated nightlySource: Internal modelMethodology