William Blair Estimates AppLovin’s Q2 Earnings (NASDAQ:APP)

AppLovin Co. (NASDAQ:APP) – Research analysts at William Blair raised their Q2 2025 earnings per share estimates for AppLovin in a note issued to investors on Wednesday, May 7th. William Blair analyst R. Schackart now forecasts that the company will post earnings per share of $2.14 for the quarter, up from their prior estimate of $1.46. The consensus estimate for AppLovin’s current full-year earnings is $6.87 per share. William Blair also issued estimates for AppLovin’s Q3 2025 earnings at $2.37 EPS, Q4 2025 earnings at $2.80 EPS, FY2025 earnings at $8.98 EPS, Q1 2026 earnings at $3.04 EPS, Q2 2026 earnings at $3.11 EPS, Q3 2026 earnings at $3.34 EPS, Q4 2026 earnings at $3.74 EPS and FY2026 earnings at $13.24 EPS.

A number of other research analysts also recently commented on the stock. Loop Capital reissued a “buy” rating and issued a $650.00 price objective on shares of AppLovin in a research report on Friday, March 28th. JPMorgan Chase & Co. upped their price objective on AppLovin from $270.00 to $355.00 and gave the company a “neutral” rating in a research note on Thursday, May 8th. Arete Research set a $200.00 target price on AppLovin in a research note on Wednesday, March 5th. Bank of America boosted their target price on AppLovin from $375.00 to $580.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Finally, The Goldman Sachs Group raised their price target on AppLovin from $335.00 to $435.00 and gave the company a “neutral” rating in a report on Friday, May 9th. One analyst has rated the stock with a sell rating, three have given a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, AppLovin presently has an average rating of “Moderate Buy” and a consensus target price of $433.85.

AppLovin Trading Up 6.4%

NASDAQ APP opened at $370.10 on Monday. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 3.70. The stock has a 50 day moving average of $278.36 and a 200-day moving average of $314.35. AppLovin has a 12 month low of $60.67 and a 12 month high of $525.15. The company has a market cap of $125.82 billion, a PE ratio of 81.52, a PEG ratio of 3.02 and a beta of 2.39.

AppLovin (NASDAQ:APP) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.22. AppLovin had a net margin of 33.54% and a return on equity of 188.55%. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same period last year, the company earned $0.67 earnings per share. The firm’s revenue was up 40.3% compared to the same quarter last year.

Insider Buying and Selling

In other news, CTO Vasily Shikin sold 17,500 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $241.65, for a total transaction of $4,228,875.00. Following the completion of the sale, the chief technology officer now owns 88,389 shares of the company’s stock, valued at approximately $21,359,201.85. This represents a 16.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Arash Adam Foroughi sold 45,000 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $422.21, for a total transaction of $18,999,450.00. Following the sale, the chief executive officer now owns 2,914,492 shares in the company, valued at $1,230,527,667.32. This represents a 1.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 306,900 shares of company stock valued at $106,401,841 over the last 90 days. 14.69% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in APP. Fuller & Thaler Asset Management Inc. acquired a new position in shares of AppLovin during the 4th quarter worth $25,000. GHP Investment Advisors Inc. bought a new position in AppLovin in the fourth quarter valued at about $25,000. Riverview Trust Co raised its stake in AppLovin by 1,640.0% during the fourth quarter. Riverview Trust Co now owns 87 shares of the company’s stock worth $28,000 after acquiring an additional 82 shares in the last quarter. Tucker Asset Management LLC bought a new position in shares of AppLovin in the fourth quarter worth about $28,000. Finally, Hemington Wealth Management lifted its holdings in shares of AppLovin by 78.4% in the fourth quarter. Hemington Wealth Management now owns 91 shares of the company’s stock worth $29,000 after acquiring an additional 40 shares during the last quarter. 41.85% of the stock is currently owned by institutional investors and hedge funds.

About AppLovin

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.