AppLovin Corporation (NASDAQ:APP) Stock Has Average Price Target of $491.64 According to Analysts

AppLovin Corporation (NASDAQ:APP) has earned an average recommendation of “Moderate Buy” from the twenty-eight analysts that are covering the company, MarketBeat reports. Eight research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and three have given a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $491.64.

A number of equities research analysts recently weighed in on APP shares. Benchmark dropped their price target on AppLovin from $500.00 to $440.00 and set a “buy” rating on the stock in a research note on Monday, August 17th. The Goldman Sachs Group reissued a “neutral” rating on shares of AppLovin in a research report on Thursday. Jefferies Financial Group cut their target price on shares of AppLovin from $550.00 to $375.00 and set a “buy” rating for the company in a research note on Thursday, October 8th. HSBC reduced their target price on shares of AppLovin from $450.00 to $409.00 and set a “buy” rating for the company in a report on Monday, October 5th. Finally, Daiwa Securities Group decreased their price target on shares of AppLovin from $569.00 to $345.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 19th.

AppLovin Price Performance

NASDAQ:APP opened at $271.75 on Friday. 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’s 50 day moving average price is $290.82 and its two-hundred day moving average price is $411.84. The firm has a market capitalization of $90.94 billion, a price-to-earnings ratio of 20.89, a P/E/G ratio of 0.55 and a beta of 2.51. AppLovin has a 12-month low of $225.19 and a 12-month high of $738.01.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Wednesday, November 4th. The company reported $4.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.03 by $0.27. AppLovin had a return on equity of 193.10% and a net margin of 64.58%. The company had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.07 billion. During the same period last year, the firm posted $2.45 earnings per share. The business’s revenue was up 55.5% on a year-over-year basis. On average, analysts anticipate that AppLovin will post 15.61 earnings per share for the current year.

More AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported Q3 adjusted earnings of $4.30 per share, above estimates of roughly $3.94–$4.03 and up from $2.45 a year earlier. Revenue of $2.18 billion also exceeded the $2.07 billion consensus. AppLovin Q3 earnings and revenues beat estimates
• Positive Sentiment: Management’s Q4 outlook reportedly topped expectations, reinforcing optimism that growth can continue. AppLovin also increased its share-repurchase authorization, adding a potential source of shareholder returns. Q3 results top estimates and Q4 outlook beats AppLovin ups buyback authorization
• Positive Sentiment: Net income rose 72% to about $1.44 billion, highlighting strong profitability, although free cash flow grew more slowly as cash tax payments increased. AppLovin earnings reaction
• Negative Sentiment: Several law firms publicized a securities class action covering investors who bought shares from February 12 to August 5, 2026. The complaint alleges AppLovin misrepresented AI-model progress and delays to its generative-AI video creative tool; the lead-plaintiff deadline is November 16. These are allegations, and the litigation adds uncertainty. Class action deadline alert

Hedge Funds Weigh In On AppLovin

A number of large investors have recently made changes to their positions in APP. Cassaday & Co Wealth Management LLC acquired a new position in shares of AppLovin in the 1st quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC bought a new stake in shares of AppLovin during the 3rd quarter worth approximately $25,000. Pioneer Family Office LLC bought a new stake in shares of AppLovin during the 2nd quarter worth approximately $31,000. IMA Advisory Services Inc. boosted its position in shares of AppLovin by 40.0% during the 1st quarter. IMA Advisory Services Inc. now owns 84 shares of the company’s stock worth $33,000 after acquiring an additional 24 shares in the last quarter. Finally, OFI Invest Asset Management boosted its position in shares of AppLovin by 16.3% during the 2nd quarter. OFI Invest Asset Management now owns 68,739 shares of the company’s stock worth $35,000 after acquiring an additional 9,615 shares in the last quarter. Institutional investors own 41.85% of the company’s stock.

AppLovin Company Profile

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.