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Price
$27.21
USD
Day
-5.0%
YTD
—
Point-in-time evaluation
wait
Thesis intact post-Delta Forge 1 lease, but Power & Grid sleeve overweight at 45.7%, no entry trigger set, and +6.2% pop on below-avg volume is a chase.
May 4, 03:39 p.m.
Research feed
Latest imported research note for this ticker.
longwatch
Imported thesis
Miner-pivot HPC hosting operator with 250% YoY revenue growth driven by AI training workloads; candidate for forward-architecture miner-pivot basket (sized small, max 1.5% satellite).
Imported reasoning
Revenue growth is real (fiscal Q2 $126.6M, +250% YoY) and the miner-pivot thesis is credible. Consensus $58.36 / current $41.98 = 1.39x; high analyst PT $66 / $41.98 = 1.57x — both below the 2x medium threshold; low potential confirmed by formula and category. 29.84% short float creates squeeze optionality but that is a trading catalyst, not an investment thesis. Elevated interest expense ($11.5M Q2 vs $2.9M prior year) signals financing burn risk. Pullback to $34–38 required to improve risk/reward before any forward-arch bench sizing.
Last imported
Jun 25, 05:35 a.m.
Source report
2026-06-25_premarket.md
Private trigger details hidden
Research and watchlist context are visible. Trigger levels and other private portfolio fields remain hidden.
Watchlist notes
Public watchlist context and imported research metadata.
Thesis
Miner-pivot HPC hosting operator with 250% YoY revenue growth driven by AI training workloads; candidate for forward-architecture miner-pivot basket (sized small, max 1.5% satellite).
Sleeve
—
Consensus PT (USD)
$74.23
Holdings
No holdings recorded for this ticker.
Smart-money holders
Held by SA-LP — 2.3% of fund (15,384,616 sh, +14% QoQ) as of 2026-06-30
Social Signal — last 90 days
@ParadisLabs
1 mention · 1 bullish / 0 bearish
APLD selected as compelling power-infrastructure play based on counterparty quality, secured-to-energized timeline, and EV/MW valuation.