Current market cap is $406M
Estimated revenue for the next fiscal year from June 2024 to May 2025 (average of six analysts) is $589M
Target price (average of seven analysts) is $13.43
Next earning report is on April 10th
At the last earning call, the CEO said he expects APLD to be profitable at the April earning report
APLD provides high performance computing (HPC) data centers and cloud services to AI companies
This service is desperately needed in the field, and the CEO said they have no problem finding new customers
New customers such as
Character AI: an official partner of Nvidia
Together AI: Nvidia backed startup
They got rid of Garden City center to move away from bitcoin mining so they can focus on their HPC and cloud services
I expect the earning and revenue to be really great especially in the earning report in July with new customers
This stock will be over $10 easily in a few weeks and probably a lot higher in July
Do not let those shorts distract you
They are after their own profit and on this board to manipulate the stock price
Use those low IQ shorties to your advantage
They lowered the stock price
NOW WE BUY THE DIP
Ignore their nonsense messages
I muted them to avoid their weird and toxic messages
Use those low IQ shorties to your advantage
They have to buy back 19 million shares they shorted
They are desperate
They will write more nonsense weird comments, ignore them or better mute them as I did
BUY THE DIP