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Does Applied Digital Corporation (APLD) Have the Potential to Rally 37.48% as Wall Street Analysts Expect?
APLDApplied Digital (APLD) ZACKS·2024-11-08 15:55

Shares of Applied Digital Corporation (APLD) have gained 13.1% over the past four weeks to close the last trading session at 7.79,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof7.79, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 10.71 indicates a potential upside of 37.5%.The mean estimate comprises seven short-term price targets with a standard deviation of 1.11.Whilethelowestestimateof1.11. While the lowest estimate of 9 indicates a 15.5% increase fr ...