jain.com

Fiscal Q1 HPC base rent $65.8M

Company: Applied Digital

Subject kind
guidance
Statement date
2026-10-08
Promised amount
65800000.0 USD
Current status
stated

The claim, verbatim

Fiscal Q1 HPC base rent was $65.8 million, with $58.8 million NOI and an 89.4% margin.

Source (primary)

Needham cuts Applied Digital price target to $70 on regulatory and financing risk - Yahoo Finance (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗

Quote: “HPC base rent was $65.8 million versus $44.3 million expected, with $58.8 million of NOI and an 89.4% margin”

How we checked this

Checked on October 14, 2026. The cited source supports every part of this claim.

The article reports HPC base rent of $65.8 million, with $58.8 million of NOI and an 89.4% margin.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/needham-cuts-applied-digital-price-141452666.html) in full (8,735 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Needham cuts Applied Digital price target to $70 on regulatory and financing risk - Yahoo Finance

Quote: “HPC base rent was $65.8 million versus $44.3 million expected, with $58.8 million of NOI and an 89.4% margin”

View cached copy (2026-10-09)Live source ↗Archive.org ↗