AppLovin (NASDAQ:APP) Stock Gets Price Target Bump from BTIG Research

AppLovin (NASDAQ:APP – Get Free Report) had its price target upped by analysts at BTIG Research from $396.00 to $450.00 in a report issued on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. BTIG Research‘s price target would indicate a potential upside of 15.02% from the company’s previous close.

A number of other analysts have also recently weighed in on the stock. Piper Sandler reaffirmed a “neutral” rating on shares of AppLovin in a research note on Friday, October 2nd. HSBC reduced their price objective on AppLovin from $450.00 to $409.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Royal Bank Of Canada reduced their price objective on AppLovin from $575.00 to $500.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 28th. Deutsche Bank Aktiengesellschaft lowered their target price on AppLovin from $660.00 to $580.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Finally, Bank of America downgraded AppLovin from a “buy” rating to a “neutral” rating and dropped their target price for the company from $430.00 to $400.00 in a research report on Tuesday, August 11th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $497.93.

Get Our Latest Analysis on AppLovin

AppLovin Price Performance

Shares of NASDAQ:APP traded up $35.12 during midday trading on Thursday, hitting $391.22. The stock had a trading volume of 11,683,563 shares, compared to its average volume of 3,772,017. The company’s 50-day moving average price is $293.36 and its 200-day moving average price is $409.91. The company has a market capitalization of $130.92 billion, a P/E ratio of 26.33, a price-to-earnings-growth ratio of 0.51 and a beta of 2.51. The company has a quick ratio of 4.30, a current ratio of 4.30 and a debt-to-equity ratio of 1.11. AppLovin has a fifty-two week low of $225.19 and a fifty-two week high of $738.01.

AppLovin (NASDAQ:APP – Get Free Report) last posted 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. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The business had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same quarter last year, the business posted $2.45 EPS. The firm’s revenue for the quarter was up 55.5% on a year-over-year basis. As a group, equities research analysts predict that AppLovin will post 15.79 EPS for the current fiscal year.

Institutional Investors Weigh In On AppLovin

Institutional investors have recently made changes to their positions in the stock. State Street Corp increased its stake 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 valued at $7,777,741,000 after buying an additional 3,328,338 shares during the period. WCM Investment Management LLC raised its position in shares of AppLovin by 5.2% during the first quarter. WCM Investment Management LLC now owns 5,001,600 shares of the company’s stock worth $1,860,995,000 after acquiring an additional 245,290 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of 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 acquired a new position in shares of AppLovin in the second quarter worth approximately $730,015,000. Finally, Amundi lifted its stake in shares of AppLovin by 19.5% in the second 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 period. Institutional investors own 41.85% of the company’s stock.

Trending Headlines about 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 EPS of $4.30, beating analyst estimates. Net income rose 72% to $1.44 billion, with a net margin near 66%. AppLovin Q3 results
  • Positive Sentiment: Q4 revenue guidance of $2.365 billion–$2.395 billion came in above expectations, supporting hopes that growth from AppLovin’s AI-powered advertising models can continue as their rollout expands. CEO Adam Foroughi also said the business could grow roughly 30% annually over the long term. CEO comments on long-term growth
  • Positive Sentiment: The company expanded its share repurchase authorization to $3.6 billion, while strong cash generation gives it capacity to return capital to shareholders. Cash generation and buyback
  • Neutral Sentiment: Analyst views are mixed: RBC and Oppenheimer raised their targets to $520 and reiterated positive ratings, while Wells Fargo’s raised $347 target remains below the shares’ recent trading level and carries an equal-weight rating. Analyst target changes
  • Negative Sentiment: Multiple law firms publicized a pending securities class action covering investors who bought shares from February 12 through August 5, 2026. The suit alleges misleading statements about AI-model readiness and adoption of self-service ad tools; the allegations are not established findings, but the litigation could create uncertainty. The lead-plaintiff deadline is November 16. Class-action notice

AppLovin Company Profile

(Get Free Report)

AppLovin is a technology company that provides software to help mobile app developers and advertisers grow their businesses. Its platform connects advertisers seeking users with app publishers looking to monetize their audiences, using data and machine-learning tools to support advertising and user acquisition.

The company’s products include AXON, its advertising optimization engine; AppDiscovery, which helps advertisers find and acquire users; and MAX, a platform for managing in-app advertising.

Further Reading

Analyst Recommendations for AppLovin (NASDAQ:APP)

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