APLD
Applied Digital Corporation Technology - Data Centers Investor Relations →
Applied Digital Corporation (APLD) closed at $34.95 as of 2026-02-02, trading 329.7% above its 200-week moving average of $8.13. The stock moved further from the line this week, up from 323.6% last week. The 14-week RSI sits at 50, indicating neutral momentum.
Over the past 151 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 $9.8 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 6.7x book value.
Share count has increased 129.9% over three years, indicating dilution.
Over the past 3 years, a hypothetical investment of $100 in APLD would have grown to $1560, compared to $176 for the S&P 500. That represents an annualized return of 149.9% vs 20.6% 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.
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 +425.0% vs +39.5% 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% | +1604.9% |
| Feb 2024 | Feb 2024 | 1 | 0.8% | +163.3% | +764.0% |
| Apr 2024 | May 2024 | 6 | 39.1% | +65.1% | +1072.8% |
| Aug 2024 | Sep 2024 | 4 | 11.6% | +264.1% | +796.2% |
| Apr 2025 | Apr 2025 | 2 | 18.8% | N/A | +784.8% |
| Average | 3 | — | +149.8% | — |
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 Friday close, 2026-02-02