The market capitalization for Applied Digital Corporation (APLD) is $11.85 Billion, making it a Large Cap company. Market cap is calculated by multiplying the current stock price by the total number of shares outstanding.
Market Capitalization
$11.85B
$11.85 Billion
Calculation
- Stock Price
- $41.47
- Shares Outstanding
- 285.77M
- Market Cap
- $11.85B
Market Cap = Price × Shares Outstanding
Size Classification
Large Cap
$10B - $1T
Companies with market capitalization between $10 billion and $1 trillion.
Market Cap Size Scale
Micro Cap
<$250M
Small Cap
$250M-$2B
Mid Cap
$2B-$10B
Large Cap
$10B-$1T
Mega Cap
>$1T
Related Valuation Metrics
Key Statistics
| Market Cap | $11.85 Billion |
| Stock Price | $41.47 |
| Shares Outstanding | 285.77M |
| Size Category | Large Cap |
| P/E Ratio | N/A |
| P/B Ratio | 7.12 |
About Applied Digital Corporation
Applied Digital Corporation (ADC) is a North American firm specializing in digital infrastructure and cloud-based solutions, primarily serving the high-performance computing (HPC) and artificial intelligence (AI) sectors. Its business is structured around three key segments: Data Center Hosting, Cloud Services, and dedicated HPC Hosting. ADC offers essential infrastructure support to cryptocurrency mining clients. Furthermore, it delivers robust GPU computing capabilities crucial for intensive AI, machine learning, and various other HPC workloads. The company also undertakes the comprehensive design, construction, and management of data centers specifically engineered to facilitate HPC applications. Formerly known as Applied Blockchain, Inc., the company officially adopted the name Applied Digital Corporation in November 2022. Its corporate headquarters are situated in Dallas, Texas.
- Sector
- Technology
- Industry
- Information Technology Services
- CEO
- Wesley Cummins