Roth Capital Maintains Buy Rating for Applied Digital (APLD) Amid Major Infrastructure Deal

Roth Capital analyst Darren Aftahi has reaffirmed a Buy rating for Applied Digital (NASDAQ:APLD) and raised its price target to $65, citing a major leasing agreement with a hyperscaler for its Delta Forge 1 AI Factory. The deal is valued at $7.5 billion over 15 years and is expected to boost the company's contracted lease revenue to over $23 billion.

By Muhammad Ali Khalid Tue, April 28, 2026 at 9:49 AM GMT+3 2 min read · Yahoo Finance · April 28, 2026, 06:49 UTC

Tickers: $APLD

Topics: AI infrastructure analyst report investment analysis leasing agreement price target stock rating

Read the full article at Yahoo Finance

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