Applied Digital (APLD) Stock on December 1, 2025: AI Campus Milestones, Short‑Interest Surge and 2026 Price Targets
Applied Digital Corporation (NASDAQ: APLD) has become one of the most volatile and closely watched AI‑infrastructure plays on the market. As of mid‑session on December 1, 2025, the stock is trading around $28–29 per share, valuing the company at roughly $8 billion. That’s up about 180% over the last 12 months, and nearly fivefold year‑to‑date, while still sitting well below its 52‑week high near $40.20. StockAnalysis+2StockAnalysis+2 Behind the jump is a powerful mix of AI data‑center contracts, aggressive financing, heavy short interest and sharply divergent analyst targets. Here’s what today’s news flow and the latest forecasts say about Applied Digital