APLD
Applied Digital Corporation Technology - Data Centers Investor Relations →
Applied Digital Corporation (APLD) closed at $25.93 as of 2026-03-20, trading 192.1% above its 200-week moving average of $8.88. The stock is currently moving closer to the line, down from 208.6% last week. The 14-week RSI sits at 47, indicating neutral momentum.
Trading volume is running at 0.6x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.31 ratio) is neutral — neither side is clearly dominating.
Over the past 157 weeks of data, APLD has crossed below its 200-week moving average 5 times. On average, these episodes lasted 3 weeks. Historically, investors who bought APLD at the start of these episodes saw an average one-year return of +149.8%.
With a market cap of $7.2 billion, APLD is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -7.9%. The stock trades at 5.0x book value.
Share count has increased 129.9% over three years, indicating dilution.
Over the past 3.1 years, a hypothetical investment of $100 in APLD would have grown to $1158, compared to $165 for the S&P 500. That represents an annualized return of 121.3% vs 17.7% for the index — confirming APLD as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: APLD vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After APLD Crosses Below the Line?
Across 5 historical episodes, buying APLD when it crossed below its 200-week moving average produced an average return of +148.5% after 12 months (median +91.0%), compared to +19.0% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was +334.0% vs +39.0% for the index.
Each line shows $100 invested at the moment APLD crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
APLD has crossed below its 200-week MA 5 times with an average 1-year return of +149.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2023 | Apr 2023 | 2 | 12.2% | +106.8% | +1164.9% |
| Feb 2024 | Feb 2024 | 1 | 0.8% | +163.3% | +541.0% |
| Apr 2024 | May 2024 | 6 | 39.1% | +65.1% | +770.1% |
| Aug 2024 | Sep 2024 | 4 | 11.6% | +264.1% | +564.9% |
| Apr 2025 | Apr 2025 | 2 | 18.8% | N/A | +556.5% |
| Average | 3 | — | +149.8% | — |
Frequently Asked Questions
Is APLD below its 200-week moving average?
No. Applied Digital Corporation (APLD) is currently 192.1% above its 200-week moving average of $8.88. It would need to fall to $8.88 to cross below the line.
What is APLD's 200-week moving average price?
Applied Digital Corporation's 200-week moving average is $8.88 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when APLD drops below its 200-week moving average?
APLD has crossed below its 200-week moving average 5 times in our data. On average, buying at that moment produced a one-year return of +149.8%. These dips have historically been decent entry points. These episodes lasted 3 weeks on average.
Is APLD a good value right now?
Here's what our data says about APLD as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 47. Free cash flow is currently negative. Return on equity is -7.9%. Price-to-book is 5.0x. This is not a buy or sell recommendation — always do your own research.
How does APLD compare to the S&P 500?
Over the past 3.1 years, $100 invested in APLD would have grown to $1158, compared to $165 for the S&P 500. That's 121.3% annualized vs 17.7% for the index. APLD has outperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20