Expected NOI run rate
Company: Applied Digital
The claim, verbatim
Applied Digital expects a $1 billion NOI run rate one 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 - Yahoo Finance (-, 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 October 11, 2026. The cited source supports every part of this claim.
The article reports that CEO Wes Cummins said Applied Digital expects a $1 billion NOI run rate a year from now, three years ahead of schedule. 'One year from now' is measured from when he spoke, around the fiscal Q4 2026 results.
Confirmed in the source:
- Applied Digital CEO Wes Cummins said the company expects a $1 billion NOI run rate
- The company expects to reach that run rate a year from the time of the statement
- Cummins described this as three years ahead of schedule
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/jim-cramer-called-stock-terrific-170509740.html) in full (13,402 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 - Yahoo Finance
Quote: “CEO Wes Cummins said the company expects a $1 billion NOI run rate a year from now, three years ahead of schedule”
confirms Jim Cramer Called This Stock “Terrific” and Said “No Thank You” to APLD Stock. Here’s Why - AOL.com
Quote: “CEO Wes Cummins said the company expects a $1 billion NOI run rate a year from now, three years ahead of schedule”