2029 earnings projection
Company: Applied Digital
The claim, verbatim
Applied Digital projects $117 million in earnings by 2029
Source (primary)
Can Applied Digital’s (APLD) Debt-Funded AI Pivot Strengthen Its Story or Strain Flexibility? - Yahoo Finance (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Applied Digital's narrative projects $2.4 billion revenue and $117.0 million earnings by 2029”
How we checked this
Checked on September 19, 2026. The cited source supports part of this claim, but not all of it.
The document attributes the $117.0 million figure to 'Applied Digital's narrative' (a Simply Wall St analyst narrative), not to a projection issued by the company itself.
Confirmed in the source:
- A projection cites $117.0 million in earnings for Applied Digital by 2029
We could not confirm this from the cited source:
- The $117 million earnings figure is Applied Digital's own company projection rather than a third-party analyst narrative projection
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/applied-digital-apld-debt-funded-211039990.html) in full (10,404 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Can Applied Digital’s (APLD) Debt-Funded AI Pivot Strengthen Its Story or Strain Flexibility? - Yahoo Finance
Quote: “Applied Digital's narrative projects $2.4 billion revenue and $117.0 million earnings by 2029”