NOI run rate target
Company: Applied Digital
The claim, verbatim
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 - 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 September 21, 2026. The cited source supports every part of this claim.
The document attributes both the run-rate and the timeline to CEO Wes Cummins.
Confirmed in the source:
- CEO Wes Cummins said Applied Digital expects a $1 billion NOI run rate a year from now
- This is 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”