Wedbush Issues Positive Forecast for AppLovin (NASDAQ:APP) Stock Price

AppLovin (NASDAQ:APP) had its price objective lifted by Wedbush from $745.00 to $800.00 in a research report released on Thursday,Benzinga reports. They currently have an outperform rating on the stock. Wedbush also issued estimates for AppLovin’s Q4 2025 earnings at $3.20 EPS.

Several other research firms have also recently weighed in on APP. Zacks Research cut AppLovin from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Deutsche Bank Aktiengesellschaft set a $705.00 price target on shares of AppLovin and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Bank of America boosted their price objective on shares of AppLovin from $580.00 to $860.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. The Goldman Sachs Group reiterated a “neutral” rating and issued a $630.00 price target on shares of AppLovin in a research note on Tuesday, October 14th. Finally, Morgan Stanley lifted their target price on AppLovin from $480.00 to $750.00 and gave the company an “overweight” rating in a research report on Monday, September 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $643.13.

AppLovin Stock Down 0.2%

APP traded down $1.43 during trading on Thursday, reaching $619.93. The company had a trading volume of 6,647,433 shares, compared to its average volume of 7,177,768. The business’s fifty day moving average price is $602.04 and its 200 day moving average price is $447.68. The company has a debt-to-equity ratio of 3.01, a current ratio of 2.74 and a quick ratio of 2.74. AppLovin has a 12 month low of $200.50 and a 12 month high of $745.61. The company has a market cap of $209.69 billion, a P/E ratio of 75.23, a PEG ratio of 3.35 and a beta of 2.50.

AppLovin (NASDAQ:APP) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.34 by $0.11. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 294.76%. The firm’s quarterly revenue was up 68.2% on a year-over-year basis. During the same period last year, the business posted $1.29 earnings per share. AppLovin has set its Q4 2025 guidance at EPS. Equities analysts anticipate that AppLovin will post 6.87 EPS for the current year.

Insider Buying and Selling

In other AppLovin news, Director Craig Scott Billings sold 2,350 shares of the company’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $592.92, for a total value of $1,393,362.00. Following the transaction, the director directly owned 3,707 shares in the company, valued at $2,197,954.44. The trade was a 38.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Arash Adam Foroughi sold 26,200 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $440.23, for a total transaction of $11,534,026.00. Following the sale, the chief executive officer owned 2,590,054 shares of the company’s stock, valued at approximately $1,140,219,472.42. This represents a 1.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,159,138 shares of company stock valued at $516,256,695. Insiders own 13.66% of the company’s stock.

Institutional Investors Weigh In On AppLovin

Institutional investors and hedge funds have recently bought and sold shares of the company. Avestar Capital LLC grew its stake in AppLovin by 14.0% during the third quarter. Avestar Capital LLC now owns 1,273 shares of the company’s stock worth $915,000 after buying an additional 156 shares in the last quarter. CFO4Life Group LLC lifted its holdings in shares of AppLovin by 11.1% in the third quarter. CFO4Life Group LLC now owns 7,155 shares of the company’s stock worth $5,141,000 after acquiring an additional 717 shares during the last quarter. Synovus Financial Corp boosted its stake in shares of AppLovin by 1.2% in the 3rd quarter. Synovus Financial Corp now owns 3,641 shares of the company’s stock valued at $2,616,000 after purchasing an additional 43 shares in the last quarter. NewEdge Wealth LLC grew its holdings in shares of AppLovin by 10.6% during the 3rd quarter. NewEdge Wealth LLC now owns 11,861 shares of the company’s stock valued at $8,523,000 after purchasing an additional 1,135 shares during the last quarter. Finally, Signet Financial Management LLC acquired a new position in AppLovin during the 3rd quarter worth approximately $315,000. Institutional investors own 41.85% of the company’s stock.

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.