---
title: "Northland Securities Reaffirms Their Buy Rating on Applied Digital Corporation (APLD)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285233351.md"
description: "Northland Securities analyst Michael Grondahl maintained a Buy rating on Applied Digital Corporation today and set a price target of $56.00.Claim 55% Off TipRanksForget margin or options. Here's how the pros trade APLD Grondahl covers the Financial sector, focusing on stocks such as Cleanspark, Riot Platforms, and Lendingtree. According to TipRanks, Grondahl has an average return of 14.5% and a 45.51% success rate on recommended stocks. In a report released on April 28, Needham also maintained a Buy rating on the stock with a $48.00 price target."
datetime: "2026-05-05T15:26:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285233351.md)
  - [en](https://longbridge.com/en/news/285233351.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285233351.md)
---

# Northland Securities Reaffirms Their Buy Rating on Applied Digital Corporation (APLD)

Northland Securities analyst Michael Grondahl maintained a Buy rating on Applied Digital Corporation today and set a price target of $56.00.

### Claim 55% Off TipRanks

Forget margin or options. Here's how the pros trade APLD

Grondahl covers the Financial sector, focusing on stocks such as Cleanspark, Riot Platforms, and Lendingtree. According to TipRanks, Grondahl has an average return of 14.5% and a 45.51% success rate on recommended stocks.

In a report released on April 28, Needham also maintained a Buy rating on the stock with a $48.00 price target.

### Related Stocks

- [APLD.US](https://longbridge.com/en/quote/APLD.US.md)
- [PSI.US](https://longbridge.com/en/quote/PSI.US.md)
- [SMH.US](https://longbridge.com/en/quote/SMH.US.md)
- [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md)
- [DTCR.US](https://longbridge.com/en/quote/DTCR.US.md)
- [XSD.US](https://longbridge.com/en/quote/XSD.US.md)
- [IDGT.US](https://longbridge.com/en/quote/IDGT.US.md)
- [IXN.US](https://longbridge.com/en/quote/IXN.US.md)
- [APLX.US](https://longbridge.com/en/quote/APLX.US.md)
- [CLSK.US](https://longbridge.com/en/quote/CLSK.US.md)
- [RIOT.US](https://longbridge.com/en/quote/RIOT.US.md)
- [TREE.US](https://longbridge.com/en/quote/TREE.US.md)
- [CLSKW.US](https://longbridge.com/en/quote/CLSKW.US.md)

## Related News & Research

- [Applied Digital inks new $7.5 billion lease with hyperscaler it first booked in April](https://longbridge.com/en/news/287124786.md)
- [Where Cerebras' monster debut puts in among tech's biggest IPOs](https://longbridge.com/en/news/286465752.md)
- [What's Karpathy, AI's top influencer, up to when he joined Anthropic?](https://longbridge.com/en/news/287068743.md)
- [SpaceX reveals soaring losses ahead of record IPO bid](https://longbridge.com/en/news/287133561.md)
- [18:00 ETSubotiz Showcases AI-Native Revenue and Payment Platform at SaaStr AI Annual 2026](https://longbridge.com/en/news/286620167.md)