Applied Digital (APLD) Q2 Earnings Exceed Expectations with 98.2% Revenue Growth
- Significant Revenue Growth: Applied Digital reported Q2 fiscal 2026 revenue of $126.59 million, reflecting a remarkable 98.2% year-over-year increase that significantly surpassed analyst expectations of $85.34 million, indicating strong demand for AI infrastructure.
- Improved Profitability: The company achieved adjusted earnings per share of $0.00, beating analyst forecasts of a $0.12 loss, marking a substantial improvement in profitability that enhances market confidence.
- Strategic Expansion: Applied Digital signed leases with two hyperscalers in North Dakota, expected to generate approximately $5 billion in lease revenue over 15 years, further solidifying its market position in the region.
- Strong Market Performance: Following the earnings announcement, APLD shares surged 6.73%, and the stock has climbed 20.55% year-to-date, reflecting strong investor confidence in the company's growth potential.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00933 | 0.0149 | 0.02 | 0.0256 | 0.0307 | 0.0363 | 0.0414 |
| Fibonacci | 0.0149 | 0.019 | 0.0215 | 0.0256 | 0.0297 | 0.0322 | 0.0363 |
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