Jul. 20, 2025 8:15 AM ETApplied Digital Corporation (APLD) StockCRWV, EQIX, DLR, APLDAhmed Abdelazim2.03K FollowersI expect Applied Digital to beat analysts’ revenue estimates when it reports Q4 earnings on July 30th.The lease agreement with CoreWeave de-risks Applied Digital’s business due to its 15-year period, which could help it secure future funding at better terms.Applied Digital’s technicals on the daily, weekly, and monthly timeframes point to a potential breakout of a multi-year ascending triangle pattern.I’m reiterating my strong buy rating for Applied Digital with a price target of $27, implying 126% upside from its current valuation.quantic69Applied Digital Corporation (NASDAQ:APLD) is a stock that I have been extremely bullish on over the past few months, initiating it as a strong buy in December and reiterating my rating in April. The core ofThis article was written byAhmed Abdelazim2.03K FollowersAs a former managing editor at a financial media publication focused on mid and small caps, I am using my experience to present investment opportunities in undervalued companies. My experience, combined with my academic background in financial markets and institutions, allows me to bring thorough research and analysis of financial statements, market trends, as well as upcoming events that may impact specific companies or industries.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments