---
title: "3 'Strong Buy' Data Center Stocks with 30%+ Upside — June 12, 2026"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289644454.md"
description: "TipRanks identifies Applied Digital (APLD), GE Vernova (GEV), and Dycom (DY) as 'Strong Buy' data center stocks with over 30% upside. These companies provide critical infrastructure for AI innovation. APLD, transitioning from crypto mining to AI workloads, secured a third 15-year lease with a hyperscaler and has $86 billion in contracted revenue potential, with analysts projecting 62% further upside."
datetime: "2026-06-12T21:49:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289644454.md)
  - [en](https://longbridge.com/en/news/289644454.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289644454.md)
---

# 3 'Strong Buy' Data Center Stocks with 30%+ Upside — June 12, 2026

Applied Digital (APLD), GE Vernova (GEV), and Dycom (DY) are the three data center-related companies that have more than 30% upside on Wall Street. These stocks are also rated a Strong Buy by analysts, according to TipRanks' Compare Top Data Center Stocks tool.

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The three businesses provide critical infrastructure that helps to keep the AI innovation race alive.

## **Applied Digital** (APLD)

Applied Digital is a Texas-based data center developer that is attracting attention on Wall Street. The company started out as a Bitcoin and Ethereum miner but has put its focus on developing capacity for AI workloads. This week, the AI cloud infrastructure company secured its third 15-year lease agreement with the same U.S.-based hyperscaler.

The company builds facilities it calls _Applied AI Factories_ and has now contracted out 1.4 gigawatts of critical IT load across its five data center campuses, with $86 billion in total contracted lease revenue if all options are exercised.

Applied Digital's shares have jumped over 74% year-to-date. Yet, analysts see about 62% upside ahead based on an average price target of $69.11.

### Related Stocks

- [DY.US](https://longbridge.com/en/quote/DY.US.md)
- [APLD.US](https://longbridge.com/en/quote/APLD.US.md)
- [GEV.US](https://longbridge.com/en/quote/GEV.US.md)
- [GEVX.US](https://longbridge.com/en/quote/GEVX.US.md)
- [APLX.US](https://longbridge.com/en/quote/APLX.US.md)

## Related News & Research

- [Applied Digital Corporation $APLD Shares Sold by MRA Advisory Group](https://longbridge.com/en/news/295298700.md)
- [Dycom appoints David Fallon, Michael Lenz to board](https://longbridge.com/en/news/294875117.md)
- [NTT: Strong sales and profit growth, robust AI and data center investments, and ambitious EBITDA targets](https://longbridge.com/en/news/295099441.md)
- [Dili Raises $21.7m from Khosla Ventures to Bring AI-Powered Assurance to America’s Infrastructure Boom](https://longbridge.com/en/news/295131576.md)
- [Prediction: The Historic Artificial Intelligence (AI) Infrastructure Build-Out Will Make This Stock a Multibagger](https://longbridge.com/en/news/294586609.md)