Needham & Company LLC Cuts AppLovin (NASDAQ:APP) Price Target to $475.00

Posted by Brenda Bartman on Aug 26th, 2026

AppLovin (NASDAQ:APP – Get Free Report) had its price objective lowered by equities researchers at Needham & Company LLC from $500.00 to $475.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s target price would indicate a potential upside of 52.96% from the stock’s current price.

Several other equities analysts have also commented on the stock. UBS Group decreased their price objective on shares of AppLovin from $798.00 to $790.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Wedbush dropped their target price on shares of AppLovin from $640.00 to $610.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. Wells Fargo & Company cut their price target on shares of AppLovin from $357.00 to $325.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 19th. Piper Sandler decreased their price target on shares of AppLovin from $385.00 to $325.00 and set a “neutral” rating for the company in a report on Friday. Finally, Weiss Ratings upgraded shares of AppLovin from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, AppLovin presently has a consensus rating of “Moderate Buy” and a consensus price target of $552.74.

Get Our Latest Stock Report on APP

AppLovin Stock Up 4.0%

Shares of APP stock opened at $310.54 on Wednesday. The stock’s fifty day moving average price is $419.14 and its 200 day moving average price is $446.30. AppLovin has a 1-year low of $297.50 and a 1-year high of $745.61. The company has a market cap of $103.92 billion, a price-to-earnings ratio of 23.87, a price-to-earnings-growth ratio of 0.60 and a beta of 2.54. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.30 and a quick ratio of 4.30.

AppLovin (NASDAQ:APP – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, meeting analysts’ consensus estimates of $3.76. The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.94 billion. AppLovin had a return on equity of 193.10% and a net margin of 64.58%.The firm’s revenue was up 52.8% compared to the same quarter last year. During the same period last year, the business posted $2.39 earnings per share. On average, research analysts expect that AppLovin will post 15.53 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Victoria Valenzuela sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $565.89, for a total value of $11,317,800.00. Following the sale, the insider owned 243,961 shares in the company, valued at $138,055,090.29. This represents a 7.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Eduardo Vivas sold 163,910 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $504.06, for a total transaction of $82,620,474.60. Following the completion of the transaction, the director owned 6,785,087 shares in the company, valued at approximately $3,420,090,953.22. This trade represents a 2.36% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 303,280 shares of company stock valued at $153,835,185. 12.81% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in AppLovin during the second quarter valued at $55,708,000. CYBER HORNET ETFs LLC boosted its holdings in AppLovin by 795.2% in the second quarter. CYBER HORNET ETFs LLC now owns 6,669 shares of the company’s stock valued at $3,436,000 after purchasing an additional 5,924 shares during the last quarter. California State Teachers Retirement System grew its position in AppLovin by 50,874.8% during the 2nd quarter. California State Teachers Retirement System now owns 178,017,633 shares of the company’s stock worth $91,720,025,000 after purchasing an additional 177,668,406 shares during the period. Greenland Capital Management LP purchased a new position in shares of AppLovin during the 2nd quarter valued at about $548,000. Finally, Washington Trust Advisors Inc. lifted its holdings in shares of AppLovin by 30.9% in the 2nd quarter. Washington Trust Advisors Inc. now owns 144 shares of the company’s stock valued at $74,000 after buying an additional 34 shares during the period. Hedge funds and other institutional investors own 41.85% of the company’s stock.

AppLovin Company Profile

(Get Free Report)

AppLovin Corporation is a Palo Alto–based mobile technology company that provides software and services to help app developers grow and monetize their businesses. The company operates a data-driven advertising and marketing platform that connects app publishers and advertisers, delivering tools for user acquisition, monetization, analytics and creative optimization. AppLovin’s technology is integrated into a broad set of mobile applications through software development kits (SDKs) and ad products designed to maximize revenue and engagement for developers.

Key components of AppLovin’s offering include an ad mediation and exchange platform that enables publishers to manage and monetize inventory across multiple demand sources, and a user-acquisition platform that helps advertisers target and scale campaigns.