Why is APLD stock up today?

APLD fell 9.0% over five trading days, closing at $16.22 on Nov. 2, 2026. A move like this can come from the company itself or from a rally across its sector.

Below, we compare APLD with its closest peers, check upcoming earnings and Fed dates, and look at what Applied Digital Corp.'s insiders and SEC filings show.

The chart below tracks APLD's daily closing price from May 7, 2026 to Nov. 2, 2026. Over that stretch it is down 60.9%, from $41.53 to $16.22, with a high of $49.65 on May 28, 2026 and a low of $16.22 on Nov. 2, 2026. Each red circle marks a week in which company insiders sold shares on the open market (2 weeks in this period; bigger circles mean more money); each green diamond a week in which they bought (1 week).

APLD vs peers this week

The table below shows how APLD stacks up against its peers this week. Over 5 days, NBIS did best at -7.8% and IREN worst at -13.4%. APLD ranks 3 of 6.

What could be behind the APLD move

We found no Applied Digital Corp. earnings report in the last 10 days or next three weeks. We also found no notable SEC filing in recent weeks. Nothing company-specific on the public record explains the move on its own.

Across the broader market, the backdrop is an uptrend under stress. The VIX volatility index is at 21.15. The Federal Reserve's next rate decision is on Dec. 9, 2026, 36 days away. Market pricing puts the odds at 23% for a hold, 76% for a hike and 1% for a cut.

Also worth knowing about APLD

Live APLD data, updated every 30 minutes: APLD insider trades, ownership and filings →

In Applied Digital Corp.'s own words

“Our goal is to establish Applied Digital as the category leader in the design, construction, deployment, and operation of purpose-built AI factories”

— Wes Cummins, Chairman and Chief Executive Officer of Applied Digital · SEC filing

From the company's earnings release filed with the SEC on 2026-10-07 (Form 8-K).

What would change the picture for APLD

These are the specific events and levels to watch. None of them is a prediction.

• The Jan. 5, 2027 earnings report is 63 days away. Applied Digital Corp. beat estimates in 0 of the last 4 quarters, with an average surprise of -115.3%. A miss would break that pattern.
• Insider buying: 2 insiders bought $6.7 million in 90 days. More purchases would strengthen that signal; sales by the same people would weaken it.
• Analyst ratings: the average score moved from 4.16 to 4.09 over three months. That is on a scale where 5 is strong buy and 1 is strong sell. A run of downgrades after earnings usually shows up here first.
• Price levels: a close above $49.65 would be a new 52-week high, 206.1% above the latest close of $16.22. A close below $16.22 would be a new 52-week low, 0% below it.
• Growth: revenue rose 243.2% year over year in the quarter ending Aug 2026. The trend is accelerating.
• New shares: dilution risk is high now. A new shelf registration (S-3) or a prospectus supplement (424B) for an offering would raise it.

How APLD compares with its peers

Over the past month APLD ranks 2 of 6 in this group at -36.1%. The best was WULF at -29.4% and the weakest was CIFR at -56.3%.

A dash in the P/E column means the company lost money over the last 12 months, so it has no P/E.

APLD history: what happened after similar moves

Since 2023, APLD fell 36.1% or more in a month 6 times (separate episodes, not counting the current one). Three months later it was higher in 4 of 6 cases; the median change was +52.5%.

Past moves don't predict the next one; they show how volatile the stock has been.

Questions people also ask

What is APLD's 52-week high and low?

Over the past year APLD closed as high as $49.65 and as low as $16.22. At $16.22 on Nov. 2, 2026, it is down 67.3% from the high and 0.0% above the low. More →

Do analysts think APLD is a buy?

21 of the 23 analysts who cover Applied Digital Corp. rate it a buy or strong buy, for a consensus of Buy. Ratings describe analysts' views, not a guarantee, and they change after earnings. More →

Are APLD insiders buying or selling?

Yes. 2 insiders bought $6.7 million of APLD on the open market in the last 90 days, while 1 sold $3 million.

When does Applied Digital Corp. report earnings next?

The next report is expected on Jan. 5, 2027, 63 days from now. Applied Digital Corp. beat the average estimate in 0 of its last 4 reports.

Is Applied Digital Corp. issuing new shares?

Dilution risk reads high at 90/100. The share count rose 8.1% in a year. That is based on 3 offering-related filing(s) in 12 months.

Does APLD pay a dividend?

Applied Digital Corp. reported no dividend payments over the last 12 months in its SEC filings.

Dates to watch for APLD

Insider trades can come any day: they must be filed on Form 4 within two business days.

Key terms on this page

P/E ratio

Price divided by the last 12 months of earnings per share. A P/E of 20 means investors pay $20 for each $1 of yearly profit. It is only defined when the company is profitable.

Form 4

The SEC form a company's officers, directors and 10% owners must file within two business days of buying or selling its stock.

Open-market trade

A purchase or sale on the exchange at the market price, paid with the insider's own money (code P or S on Form 4), as opposed to option exercises, grants or gifts.

Dilution

When a company issues new shares, each existing share owns a smaller piece of the company. Common sources: stock offerings, convertible debt and large stock-based pay.

Form 8-K

The SEC form for material events between quarterly reports: earnings releases, deals, executive changes, stock offerings and similar news.

52-week high / low

The highest and lowest daily closing price over the past year (about 252 trading days).

Analyst consensus

The average of Wall Street analysts' ratings (strong buy to strong sell). Analysts skew positive, so a hold is often read as a cautious view.

Where these numbers come from

Every number on this page is computed from the data when the page is refreshed (usually daily); nothing is typed in by hand. This is information, not investment advice.

• Price: daily closing prices through Nov. 2, 2026. Changes use 5, 21 and 63 trading days. The 52-week range uses the last 252 closes.
• Insider trades: SEC Form 4 filings for the last 90 days, counting only open-market purchases (code P) and sales (code S); option exercises, grants, gifts and filings with data errors are left out.
• Analyst ratings: counts of current ratings from 23 analysts, compared with three months ago.
• Earnings dates and estimates: a market-data calendar. It covers reported vs expected EPS for the last 4 quarters.
• Valuation and growth: revenue, earnings, margins and share counts from the company's SEC filings. The data is XBRL from the latest quarter, Aug 2026. P/E and price/sales use the latest close.
• Fund ownership: SEC Form 13F filings for Q2 2026.
• Dilution: share-count changes and offering-related SEC filings over two years, scored 0-100. The filings include shelf registrations, prospectus supplements and convertible notes.
• History: 21-trading-day moves over about three years of daily closes, counted once per episode.