“Up 375%, Should You Buy Applied Digital Right Now?”
February 17, 2026
“…As demand for AI data center capacity has surged, Applied Digital’s share price has risen sharply. It’s up by 375% over the past 12 months alone. But despite these impressive returns, the business model has significant drawbacks and faces serious potential headwinds…
The first is that while its sales are increasing quickly, its spending is increasing rapidly as well, and the company is not profitable. It’s a problematic sign when a company’s sales increase by 250% and in the same quarter, its total expenses also rise by 230% — in this case, to nearly $158 million…”
https://finance.yahoo.com/news/375-buy-applied-digital-now-145300080.html