Slicast
Friday, August 28, 2026
DarkSubscribe
Slicast
AI Infrastructure · News & Analysis
Home › Compute & Cloud › Report
Compute & Cloud · Report

B. Riley maintained its $75 price target for Applied Digital following a site inspection of its Polaris Forge 2 facility, citing strong execution progress.

Continued institutional confidence in Applied Digital campus development validates the operational roadmap for emerging GPU cloud operators scaling dedicated AI infrastructure.
Trade pressSlicast · August 22, 2026 · US · Source: Google News
importance 82

B. Riley maintained its $75 price target for Applied Digital following a site inspection of its Polaris Forge 2 facility, citing strong execution progress.

Continued institutional confidence in Applied Digital campus development validates the operational roadmap for emerging GPU cloud operators scaling dedicated AI infrastructure.

Read the original(Summary from the source — see the original below for the full report.)
In-depth analysis
CommentaryApplied Digital Posts $36B Lease Book and $2B NOI Target, Marking Its Sharpest Break Yet From Crypto MiningCommentaryApplied Digital Locks In $5.2 Billion AI Lease Deals and $1.59 Billion Bond Raise — But the Crypto Shadow Lingers
Related reports
Compute & CloudAnalysts provide updated coverage on WhiteFiber (WYFI) and Applied Digital (APLD), focusing on their respective AI infrastructure pivots and financial positioning.2026-08-19Compute & CloudApplied Digital shares surged as the company disclosed a record backlog of contracted AI infrastructure projects spanning multiple gigawatts of power commitments.2026-08-26Compute & CloudApplied Digital and IREN saw stock gains of 6% as capital markets increasingly price digital infrastructure assets beyond traditional Bitcoin mining, while Core Scientific rose 4%.2026-08-26Compute & CloudTeraWulf rose 6% and Applied Digital gained 5% as Nvidia's forward guidance reinvigorated investor appetite for dedicated AI compute operators.2026-08-28Compute & CloudApplied Digital surged 8.4% post-earnings after reporting a 407% year-over-year revenue jump.2026-08-28
B. Riley maintained its $75 price target for… · Slicast