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Applied Digital stock in focus: A look at upcoming earnings, technicals, edge rankings

The Applied Digital Corp. logo is seen displayed on a smartphone screen
The Applied Digital Corp. logo is seen displayed on a smartphone screen

Applied Digital Corp. APLD shares are in the spotlight Monday, with earnings on deck, an oversold technical setup, and a bullish Benzinga Edge Momentum score all drawing attention. Applied Digital shares are powering higher. Why are APLD shares rallying? Earnings Preview & History Applied Digital is scheduled to report fourth-quarter earnings on July 27. The company is expected to report a loss of 36 cents per share along with revenue of $91.91...

Applied Digital Corp. APLD shares are in the spotlight Monday, with earnings on deck, an oversold technical setup, and a bullish Benzinga Edge Momentum score all drawing attention.

Earnings Preview & History

Applied Digital is scheduled to report fourth-quarter earnings on July 27. The company is expected to report a loss of 36 cents per share along with revenue of $91.91 million. For the prior quarter, Applied Digital reported earnings per share of $0.09, beating the consensus estimate of a loss of 17 cents per share. The company also posted revenue of $126.60 million, exceeding the consensus estimate of $77.11 million.

Applied Digital has beaten EPS estimates in seven consecutive quarters. Over the last four quarters, the company has averaged an EPS surprise of 1.03% and a revenue surprise of 0.44%.

Applied Digital Eyes $1B NOI in 5 Years

In its most recent quarterly earnings report, Applied Digital said it remains focused on long-term execution and building a world-class data center region in the Dakotas with multiple hyperscalers while expanding into other strategic locations. The company said every new campus is intended to create one of the most valuable annuity streams available — a 15- to 30-year revenue stream backed by some of the strongest credits in the world — and reiterated confidence in its ability to exceed its long-term goal of $1 billion in NOI within five years.

Oversold, But Not Out Of The Woods

The chart is still in a clear downtrend on intermediate timeframes, with the stock trading 22.9% below its 20-day SMA, 33.2% below its 50-day SMA, and 17.4% below its 200-day SMA. That distance from the major averages tells you rallies are still fighting overhead supply, even if the premarket bounce extends.

Momentum is the main story right now: RSI is 26.30, which puts the stock in oversold territory and signals the selling has become stretched. In plain terms, RSI helps gauge whether a move has gone "too far, too fast," and readings below 30 often coincide with tradable bounces—but they don’t, by themselves, confirm a durable bottom.

From a structure standpoint, May marked the recent swing high (and the 52-week high), while July logged a swing low as RSI slipped into oversold territory. Longer-term, the 50-day SMA remains above the 200-day SMA (a constructive longer-term backdrop), but the 20-day SMA sitting below the 50-day SMA keeps the near-term trend bearish until price can reclaim key moving-average zones.

  • Key Resistance: $29.00 — a nearby round-number area where rebounds can stall, especially with multiple moving averages still overhead
  • Key Support: $24.00 — a nearby level that lines up as a recent "line in the sand" for buyers after the latest selloff

Benzinga Edge Rankings

Below is the Benzinga Edge scorecard for Applied Digital, highlighting its strengths and weaknesses compared to the broader market:

  • Momentum: Bullish (Score: 82.08) — Despite the recent drawdown, the stock’s longer-term performance profile still screens as strong versus the broader market.

The Verdict: Applied Digital’s Benzinga Edge signal reveals a momentum-driven profile, with Momentum as the clear standout in the current dataset. For traders, that puts extra emphasis on whether this oversold bounce can build into a trend reversal—or fades as price runs into overhead resistance near $29.00.

Applied Digital Shares Edge Higher

APLD Price Action: At the time of publication, Applied Digital shares are trading 4.61% higher at $26.98, according to data from Benzinga Pro.

Image via Shutterstock

This article Applied Digital Stock in Focus: A Look at Upcoming Earnings, Technicals, Edge Rankings originally appeared on Benzinga.com.

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