Prediction: This Artificial Intelligence (AI) Stock Will Be Worth 2 Times as Much by the End of 2026
Applied Digital can emerge as a winning artificial intelligence (AI) infrastructure stock in 2026 if it keeps turning contracted capacity into real revenue.
Overview
Applied Digital (NASDAQ: APLD) builds power-heavy data center campuses that hyperscalers need to train and run advanced artificial intelligence (AI) models.
Image source: Getty Images.
Shares of Applied Digital are up over 67% so far in 2026. Doubling from its current share price of $40.94 (as of June 8) by the end of 2026 appears ambitious. However, Applied Digital's contracted revenue base shows investors a path that makes such a scenario possible.
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Source
Originally published at www.fool.com.
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