AppLovin Corporation (NASDAQ:APP) Stock Has Average Price Target of $529.39 According to Analysts

Shares of AppLovin Corporation (NASDAQ:APP) have earned an average rating of “Moderate Buy” from the twenty-four analysts that are presently covering the stock, MarketBeat reports. Eight analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have given a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $515.26.

Several analysts have recently issued reports on APP shares. Weiss Ratings cut shares of AppLovin from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, September 24th. Citigroup reissued a “buy” rating on shares of AppLovin in a research report on Friday, September 11th. BTIG Research reduced their price target on AppLovin from $408.00 to $396.00 and set a “buy” rating for the company in a report on Tuesday, September 8th. Raymond James Financial began coverage on shares of AppLovin in a report on Monday, June 29th. They set a “strong-buy” rating and a $640.00 price objective for the company. Finally, Scotiabank reiterated a “sector outperform” rating and issued a $515.00 price target on shares of AppLovin in a report on Thursday, August 6th.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: A Jefferies survey of 30 advertisers projects AppLovin’s share of e-commerce advertising budgets will increase to 8.1% in the fourth quarter from 6.7% a year earlier. AppLovin retained its third-place position behind Meta and Google, suggesting continued advertiser adoption and potential support for revenue growth. AppLovin e-commerce ad share seen rising to 8.1% in Q4
• Neutral Sentiment: AppLovin will report third-quarter 2026 results after the market closes on November 4, followed by a management webinar. Investors will likely look for evidence that advertising growth and AI product improvements are accelerating. AppLovin to Announce Third Quarter 2026 Results
• Negative Sentiment: Analyst commentary highlights AppLovin’s roughly 53% one-year decline, citing slower gaming installations, uncertainty over AI monetization and intensifying competition. The concerns are notable because they challenge the growth expectations embedded in the company’s otherwise strong margins and earnings profile. APP Stock Sinks 53% in a Year
• Negative Sentiment: Multiple law firms publicized a securities class action involving investors who purchased shares from February 12 through August 5, 2026. The allegations reportedly focus on statements about AI model improvements, generative-AI video tools and projected AI-related revenue; the November 16 deadline is likely to keep legal and reputational risks in focus. These are allegations, not proven findings. AppLovin securities class action deadline

Institutional Investors Weigh In On AppLovin

A number of hedge funds have recently added to or reduced their stakes in the stock. Cassaday & Co Wealth Management LLC acquired a new position in shares of AppLovin during the first quarter worth approximately $25,000. Pioneer Family Office LLC bought a new stake in shares of AppLovin in the 2nd quarter worth approximately $31,000. First Pacific Financial acquired a new stake in shares of AppLovin during the 1st quarter valued at $33,000. IMA Advisory Services Inc. lifted its holdings in shares of AppLovin by 40.0% during the first quarter. IMA Advisory Services Inc. now owns 84 shares of the company’s stock valued at $33,000 after purchasing an additional 24 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its stake in AppLovin by 41.3% during the first quarter. CENTRAL TRUST Co now owns 89 shares of the company’s stock valued at $35,000 after buying an additional 26 shares in the last quarter. 41.85% of the stock is currently owned by institutional investors.

AppLovin Stock Performance

NASDAQ:APP opened at $280.12 on Tuesday. AppLovin has a 1-year low of $266.84 and a 1-year high of $738.01. The firm has a market cap of $93.74 billion, a PE ratio of 21.53, a P/E/G ratio of 0.59 and a beta of 2.56. The firm has a 50 day simple moving average of $319.04 and a 200-day simple moving average of $417.50. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.30 and a quick ratio of 4.30.

AppLovin (NASDAQ:APP) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $3.76 EPS for the quarter, meeting analysts’ consensus estimates of $3.76. The business had revenue of $1.92 billion during 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 for the quarter was up 52.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.39 earnings per share. On average, equities analysts expect that AppLovin will post 15.72 EPS for the current year.

About AppLovin

AppLovin Corporation is a technology company that provides software and services designed to help mobile application developers grow, monetize and analyze their businesses. Its platform supports user acquisition, advertising, in-app monetization and performance measurement for mobile apps.

The company’s products include MAX, a software platform that helps developers manage in-app advertising and maximize advertising revenue, as well as AppDiscovery, which supports app marketing and user acquisition.