Applied Digital is trading at $28.52 (4.9%) in pre-market, bouncing back from a sharp 9% drop on July 24 as investors position for upcoming financial results.
- The company is expected to report Q4 2026 earnings on July 27, with analysts forecasting approximately $95 million in revenue and a $0.20 EPS loss.
- The stock is benefiting from a broadly risk-on market environment and firmer cryptocurrency prices providing additional support.
- This move marks a recovery from last week’s significant volatility and recent downward pressure.