CEO expects $1 billion NOI run rate within a year
Company: Applied Digital
The claim, verbatim
CEO Wes Cummins said the company expects a $1 billion NOI run rate a year from now, three years ahead of schedule
Source (primary)
Jim Cramer Called This Stock “Terrific” and Said “No Thank You” to APLD Stock. Here’s Why - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-13)Live source ↗
Quote: “CEO Wes Cummins said the company expects a $1 billion NOI run rate a year from now, three years ahead of schedule.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document attributes this statement to Cummins verbatim.
Confirmed in the source:
- CEO Wes Cummins said Applied Digital expects a $1 billion NOI run rate a year from now, three years ahead of schedule
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/13/jim-cramer-called-this-stock-terrific-and-said-no-thank-you-to-apld-stock-heres-why/) in full (10,905 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Jim Cramer Called This Stock “Terrific” and Said “No Thank You” to APLD Stock. Here’s Why - 24/7 Wall St.
Quote: “CEO Wes Cummins said the company expects a $1 billion NOI run rate a year from now, three years ahead of schedule.”