Applied Digital (APLD) Stock Looks Fully Priced On Current Sales

Applied Digital has seen its share price swing sharply in recent years, and the latest pullback now puts a fresh spotlight on whether the current market value lines up with the sales the business is generating. With investors weighing heavy spending on large AI data center projects against recent price weakness, the open question is how much revenue power the stock is really pricing in. Over the past 3 years, Applied Digital has delivered a very large share price gain of about 3.2x. This...