APLD vs WULF
Applied Digital and TeraWulf compared on price, size, range and sentiment. Both are neoclouds names.
Prices as of 2026-10-03 00:39 UTC. Updates live in your browser.
Applied Digital (APLD)
Builds and leases purpose-built AI datacentres, positioned as a landlord for accelerated compute rather than an operator of it.
- Lease signings and tenant credit quality
- Construction schedule adherence
- Financing costs
TeraWulf (WULF)
Operates energy-focused datacentre capacity with an emphasis on low-carbon power, transitioning part of its fleet toward AI hosting.
- AI hosting contract conversion
- Power purchase agreement terms
- Balance sheet capacity for buildout
How to read this comparison
Neither column is a verdict. Market cap tells you size, not value. The market sentiment score describes how a stock is currently behaving relative to its own history and its peer group - a high score often reflects a large recent move rather than an opportunity. Because these two compete in the same segment, relative strength is the more informative line: it strips out the move the whole group made.
Common questions
Is APLD or WULF the bigger company?
TeraWulf is larger, at $8.8B against $7.6B. Market caps update through the session.
What is the difference between APLD and WULF?
Both sit in neoclouds. Applied Digital: Builds and leases purpose-built AI datacentres, positioned as a landlord for accelerated compute rather than an operator of it. TeraWulf: Operates energy-focused datacentre capacity with an emphasis on low-carbon power, transitioning part of its fleet toward AI hosting.
Which has stronger sentiment, APLD or WULF?
APLD currently scores higher, 48 against 44. The score combines six weighted, price-based inputs: momentum, relative strength, trend, volume, volatility and drawdown. It describes behaviour, not value.