APLD

Stock

Applied Digital Corporation

One email when a drop — in price or in valuation — is historically rare for APLD. Otherwise we stay quiet.

Rare

Rare — pay attention.

Applied Digital Corporation is 42.7% off its high, 45 days in — deeper than the vast majority of its 24 recorded drawdowns. This is the kind of decline the severity score exists to flag.

But down is not the same as cheap: Applied Digital Corporation's P/S Severity Score is 0.0 — its valuation sits in or above its typical range.

Price $28.47 · as of Jul 14, 2026All-time high $49.65Drawdown -42.7%Severity Score™ 5.8
🔴

Strong

Current Drawdown

-42.7%

Days in Drawdown

45

Avg Max Drawdown

24.7%

Avg Length

61

Drawdown Severity Score™

5.8

APLD - Price & High Water Mark

APLD - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 12, 2026 · updated daily

Where today's valuation sits within APLD's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

23.8xSeverity Score 0.0 · In or above its typical range
Low: 2.0xMedian: 10.4xHigh: 252.9x

Applied Digital Corporation has been cheaper on this measure only about 76% of the time in 4 years of daily history.

90.6% below its highest Price to Sales reading · high date June 1, 2022

Price to Sales history

How we measure valuation

Applied Digital Corporation (APLD) Analysis: Current Drawdown Insights

Applied Digital Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-14, the stock is trading at $28.47, which represents a 42.7% decline from its all-time high of $49.65. This drawdown has persisted for 45 days.

Based on its full tracked price history, Applied Digital Corporation typically experiences drawdowns averaging 24.7% in depth, with an average duration of 61 days. Applied Digital Corporation has gone through 24 total drawdown events in its tracked history. The largest drawdown on record for Applied Digital Corporation was 81.9%, beginning in 2022. The longest drawdown duration on record was 489 days.

The Drawdown Severity Score™ for Applied Digital Corporation currently stands at 5.81. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown: the asset seldom sees declines at this level in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Applied Digital Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 24 tracked pullbacks (24 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-05-30Ongoing45 days-42.7%$49.65$28.47n/a
2026-05-222026-05-276 days-6.0%$48.02$45.14$48.98
2026-05-152026-05-217 days-21.6%$46.71$36.62$48.02
2026-05-122026-05-132 days-1.5%$44.59$43.93$45.48
2026-05-072026-05-115 days-6.8%$44.24$41.25$44.59
2026-01-282026-05-0698 days-50.3%$41.35$20.55$44.24
2026-01-132026-01-2715 days-9.1%$38.21$34.74$41.35
2025-10-162026-01-1289 days-44.1%$37.76$21.09$38.21
2025-10-072025-10-082 days-1.5%$27.71$27.30$27.94
2025-09-242025-10-018 days-12.0%$24.67$21.71$25.00
2025-08-282025-09-1014 days-16.8%$16.70$13.89$16.98
2025-08-192025-08-268 days-6.1%$16.34$15.34$16.47
2025-08-132025-08-186 days-5.9%$14.97$14.09$16.34
2025-08-062025-08-127 days-5.8%$14.89$14.03$14.97
2025-06-092025-08-0457 days-33.8%$13.86$9.18$13.95
2025-06-052025-06-062 days-3.6%$13.25$12.77$13.86
2024-11-262025-06-04190 days-67.8%$10.68$3.44$13.25
2023-07-262024-11-25489 days-76.7%$10.24$2.39$10.68
2023-07-052023-07-2521 days-24.6%$9.91$7.47$10.24
2023-06-072023-07-0327 days-23.9%$9.69$7.38$9.91
2023-05-312023-06-023 days-9.3%$9.23$8.37$9.24
2023-05-252023-05-306 days-12.8%$9.09$7.93$9.23
2023-05-222023-05-243 days-7.4%$8.57$7.94$9.09
2022-06-022023-05-16349 days-81.9%$4.86$0.88$6.11
2022-04-142022-06-0149 days-62.9%$4.85$1.80$4.86

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Applied Digital Corporation (APLD) is trading at $28.47 as of Jul 14, 2026. It is 42.7% below its high of $49.65. The drawdown has lasted 45 days. Severity score: 5.8 (Strong).

APLD Price History and Drawdown Data

Latest price

$28.47

High-water mark

$49.65

Current drawdown

-42.7%

Days in drawdown

45

This APLD page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Applied Digital Corporation drawdowns.

What History Says About APLD

Applied Digital Corporation has dropped 20%+ from its high 10 times in its tracked history. These events lasted an average of 138 days with an average max drop of -48.8%.

The current drawdown of -42.7% has lasted 45 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Jun 2022 to May 2023-81.9%349 days
Jul 2023 to Nov 2024-76.7%489 days
Nov 2024 to Jun 2025-67.8%190 days
Apr 2022 to Jun 2022-62.9%49 days
Jan 2026 to May 2026-50.3%98 days
Oct 2025 to Jan 2026-44.1%89 days

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