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NASDAQ:APLD 23 September 2025

Applied Digital (APLD) Skyrockets on AI Deals – Is the Rally Sustainable?

Applied Digital (APLD) Skyrockets on AI Deals – Is the Rally Sustainable?

Applied Digital shares hit a record $24.45 on Sept. 22, up 211% in 2025, after landing major AI infrastructure contracts and expanding data center leases with CoreWeave. The company secured $11 billion in future lease revenues and $50 million in new debt financing. Revenue jumped 41% in fiscal Q4, but losses continued. APLD’s stock now trades above most analyst targets, with Nvidia holding a 7.7 million-share stake.
23 September 2025
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Stock Market Today

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