Texas Capital maintains Applied Digital stock buy rating after earnings beat

au.investing.com

Texas Capital reiterated a Buy rating on Applied Blockchain stock with a $42 price target, citing an earnings beat and positive operational updates. The firm highlighted strong demand from hyperscalers and progress on key projects, noting Applied Blockchain's significant stock surge over the past year. Applied Digital reported strong fiscal Q3 2026 results, surpassing analyst expectations for both earnings per share and revenue.


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Texas Capital maintains Applied Digital stock buy rating after earnings beat | News Minimalist