New Analyst Forecast: $APLD Given 'Outperform' Rating

We just received data on a new analyst forecast for $APLD. Citigroup gave a rating of 'Outperform' for $APLD.

$APLD Analyst Ratings

Wall Street analysts have issued reports on $APLD in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Citigroup issued a "Outperform" rating on 06/03/2025
• Roth Capital issued a "Buy" rating on 06/02/2025
• Needham issued a "Buy" rating on 04/15/2025
• H.C. Wainwright issued a "Buy" rating on 04/15/2025

To track analyst ratings and price targets for $APLD, check out Quiver Quantitative's $APLD forecast page.

$APLD Price Targets

Multiple analysts have issued price targets for $APLD recently. We have seen 2 analysts offer price targets for $APLD in the last 6 months, with a median target of $8.5.

Here are some recent targets:

• John Todaro from Needham set a target price of $10.0 on 04/15/2025
• Kevin Dede from H.C. Wainwright set a target price of $7.0 on 04/15/2025

$APLD Insider Trading Activity

$APLD insiders have traded $APLD stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $APLD stock by insiders over the last 6 months:

• RICHARD N NOTTENBURG sold 20,000 shares for an estimated $177,000
• RACHEL H. LEE sold 24,212 shares for an estimated $169,484
• ELLA G. BENSON sold 18,242 shares for an estimated $118,573

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$APLD Hedge Fund Activity

We have seen 168 institutional investors add shares of $APLD stock to their portfolio, and 132 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• DIAMETER CAPITAL PARTNERS LP removed 6,327,161 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $48,339,510
• HOOD RIVER CAPITAL MANAGEMENT LLC added 6,119,295 shares (+40.4%) to their portfolio in Q1 2025, for an estimated $34,390,437
• MILLENNIUM MANAGEMENT LLC removed 5,092,834 shares (-90.7%) from their portfolio in Q1 2025, for an estimated $28,621,727
• SITUATIONAL AWARENESS LP added 4,035,600 shares (+inf%) to their portfolio in Q1 2025, for an estimated $22,680,072
• SONA ASSET MANAGEMENT (US) LLC removed 3,641,158 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $27,818,447
• D. E. SHAW & CO., INC. added 2,335,256 shares (+223.1%) to their portfolio in Q1 2025, for an estimated $13,124,138
• OASIS MANAGEMENT CO LTD. added 2,169,670 shares (+33.1%) to their portfolio in Q1 2025, for an estimated $12,193,545

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.