AppLovin (NASDAQ:APP – Get Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at Needham & Company LLC in a research note issued on Thursday, Benzinga reports. They presently have a $475.00 price objective on the stock. Needham & Company LLC‘s price target would suggest a potential upside of 74.79% from the company’s current price.
Several other equities analysts have also weighed in on APP. Wells Fargo & Company reduced their price objective on AppLovin from $357.00 to $325.00 and set an “equal weight” rating for the company in a report on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft dropped their price target on AppLovin from $660.00 to $580.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Bank of America cut AppLovin from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $430.00 to $400.00 in a research note on Tuesday, August 11th. Citigroup reduced their target price on shares of AppLovin from $600.00 to $500.00 and set a “buy” rating for the company in a research note on Monday, October 19th. Finally, Piper Sandler restated a “neutral” rating on shares of AppLovin in a research note on Friday, October 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $495.18.
Get Our Latest Stock Analysis on AppLovin
AppLovin Stock Up 10.7%
APP opened at $271.75 on Thursday. The company has a quick ratio of 4.30, a current ratio of 4.30 and a debt-to-equity ratio of 1.11. The stock has a market cap of $90.94 billion, a price-to-earnings ratio of 20.89, a PEG ratio of 0.55 and a beta of 2.51. AppLovin has a twelve month low of $225.19 and a twelve month high of $738.01. The company’s 50-day moving average price is $290.82 and its two-hundred day moving average price is $411.84.
AppLovin (NASDAQ:APP – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The company reported $4.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.03 by $0.27. The company had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.07 billion. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. AppLovin’s quarterly revenue was up 55.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.45 EPS. As a group, equities analysts expect that AppLovin will post 15.61 earnings per share for the current year.
Institutional Trading of AppLovin
Several institutional investors and hedge funds have recently bought and sold shares of APP. State Street Corp boosted its holdings in shares of AppLovin by 28.3% in the second quarter. State Street Corp now owns 15,095,667 shares of the company’s stock worth $7,777,741,000 after buying an additional 3,328,338 shares during the last quarter. WCM Investment Management LLC increased its holdings in AppLovin by 5.2% during the first quarter. WCM Investment Management LLC now owns 5,001,600 shares of the company’s stock valued at $1,860,995,000 after buying an additional 245,290 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in AppLovin by 7.5% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,735,471 shares of the company’s stock worth $894,167,000 after acquiring an additional 121,605 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of AppLovin during the 2nd quarter worth $730,015,000. Finally, Amundi boosted its stake in shares of AppLovin by 19.5% during the 2nd quarter. Amundi now owns 1,332,633 shares of the company’s stock worth $686,612,000 after acquiring an additional 217,214 shares during the last quarter. 41.85% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting AppLovin
Here are the key news stories impacting AppLovin this week:
- Positive Sentiment: AppLovin reported Q3 revenue of $2.18 billion, up 55.5% year over year, and earnings of $4.30 per share, beating analyst estimates. Net income rose 72% to about $1.44 billion. AppLovin Rallies After Earnings, Revenue Beat and Strong Guidance
- Positive Sentiment: Q4 revenue guidance of $2.365 billion to $2.395 billion is above analyst expectations, signaling continued momentum as the company rolls out its AI advertising model. AppLovin Forecasts Q4 Revenue as Model Rollout Continues
- Positive Sentiment: The company generated $1.4 billion in free cash flow and increased its share-repurchase authorization to $3.6 billion, adding a potential source of shareholder returns. AppLovin Q3 Earnings Call Highlights
- Negative Sentiment: Several law firms publicized a securities class action covering investors who bought shares between February 12 and August 5, 2026. The suit alleges misleading statements about AI model readiness and advertising tools; these are allegations, not findings. Kaplan Fox Alerts Investors to Class Action Deadline
About AppLovin
AppLovin Corporation is a technology company that provides software and services designed to help mobile application developers grow, monetize and operate their businesses. Its platform supports user acquisition, advertising, mediation, analytics and other functions across the mobile app ecosystem.
The company’s principal products include AppDiscovery, which helps developers market their applications and acquire users; MAX, an in-app bidding and monetization platform; and its AXON technology, an artificial intelligence-powered engine intended to improve advertising performance and match users with relevant applications and content.
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