AppLovin (NASDAQ:APP – Free Report) had its target price lowered by BTIG Research from $408.00 to $396.00 in a research report report published on Tuesday, MarketBeat.com reports. The firm currently has a buy rating on the stock.
A number of other research firms have also issued reports on APP. Royal Bank Of Canada reduced their target price on shares of AppLovin from $700.00 to $575.00 and set an “outperform” rating on the stock in a report on Thursday, August 6th. Morgan Stanley lowered their price target on shares of AppLovin from $720.00 to $650.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Needham & Company LLC cut their price objective on shares of AppLovin from $500.00 to $475.00 and set a “buy” rating for the company in a research report on Wednesday, August 26th. The Goldman Sachs Group reduced their price objective on shares of AppLovin from $585.00 to $465.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. Finally, Wells Fargo & Company decreased their target price on shares of AppLovin from $357.00 to $325.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 19th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $538.09.
Check Out Our Latest Analysis on AppLovin
AppLovin Stock Performance
AppLovin (NASDAQ:APP – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $3.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $3.76. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.94 billion. AppLovin had a return on equity of 193.10% and a net margin of 64.58%.The business’s revenue was up 52.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.39 earnings per share. On average, analysts anticipate that AppLovin will post 15.53 EPS for the current fiscal year.
Insider Transactions at AppLovin
In other news, Director Maynard G. Webb, Jr. sold 3,076 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $521.29, for a total transaction of $1,603,488.04. Following the completion of the transaction, the director owned 120,444 shares of the company’s stock, valued at $62,786,252.76. This represents a 2.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Eduardo Vivas sold 163,910 shares of the firm’s 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 sale, the director directly owned 6,785,087 shares in the company, valued at $3,420,090,953.22. This represents a 2.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 12.81% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On AppLovin
Several institutional investors and hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System grew its stake in shares of 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 valued at $91,720,025,000 after buying an additional 177,668,406 shares during the period. State Street Corp raised its position in shares of AppLovin by 0.4% in the 4th quarter. State Street Corp now owns 11,904,843 shares of the company’s stock worth $8,021,721,000 after buying an additional 52,377 shares during the period. Geode Capital Management LLC raised its position in shares of AppLovin by 6.7% in the 4th quarter. Geode Capital Management LLC now owns 7,167,003 shares of the company’s stock worth $4,817,269,000 after buying an additional 448,005 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in AppLovin by 3.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,089,735 shares of the company’s stock valued at $4,103,386,000 after acquiring an additional 212,349 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in AppLovin by 10.7% in the fourth quarter. Morgan Stanley now owns 5,561,646 shares of the company’s stock valued at $3,747,551,000 after acquiring an additional 538,806 shares during the last quarter. Institutional investors and hedge funds own 41.85% of the company’s stock.
Key Stories Impacting AppLovin
Here are the key news stories impacting AppLovin this week:
- Positive Sentiment: AppLovin’s shares rallied alongside parts of the ad-tech sector, with investors focusing on second-quarter revenue growth of roughly 53% year over year and expectations for an AI-advertising rebound. AppLovin Corp stock rises 4 percent as Q2 2026 growth and AI ad-tech rebound draw buyers
- Positive Sentiment: The company’s operating fundamentals remain highly profitable: trailing-12-month operating margin widened to 77.4% from 69.6% a year earlier. Its proprietary AI tools and scaled software platform also support industry-leading net margins, a potential advantage over other technology and advertising companies. Should You Buy AppLovin Stock For Its Widening Margin? AppLovin vs. Reddit: Which Technology Stock Is a Better Buy in 2026?
- Neutral Sentiment: Reported short-interest data showed zero shares and zero days to cover, but the figures appear inconsistent and provide little actionable insight for investors. Short interest report
- Negative Sentiment: Despite rapid revenue growth, AppLovin has fallen sharply since December because growth has decelerated for several quarters and improvements from its models have arrived unevenly, making future expansion difficult for the market to price. Why Is AppLovin Stock Trading Near Its Low While Revenue Keeps Growing?
- Negative Sentiment: Analyst caution remains a headwind, with reports highlighting a downgrade and a pessimistic price forecast. AppLovin stock price down after analyst downgrade BTIG Research Issues Pessimistic Forecast for AppLovin
About AppLovin
AppLovin Corporation (NASDAQ: APP) is a technology company that provides software and services designed to help mobile application developers grow their businesses. Its platform supports user acquisition, advertising, monetization, measurement and other functions that enable developers to attract users and generate revenue from their applications.
AppLovin’s offerings include AXON, an artificial-intelligence-powered software engine used to optimize advertising and user-acquisition campaigns; MAX, a platform for managing in-app advertising and mediation; and AppDiscovery, which helps developers promote their applications.
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