Shares of AppLovin Corporation (NASDAQ:APP – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the twenty-eight brokerages that are presently covering the firm, Marketbeat reports. Eight equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and three have assigned a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $517.21.
Several research analysts have recently commented on the stock. Benchmark dropped their price target on shares of AppLovin from $500.00 to $440.00 and set a “buy” rating on the stock in a research note on Monday, August 17th. Scotiabank restated a “sector outperform” rating and set a $515.00 price target (down from $775.00) on shares of AppLovin in a report on Thursday, August 6th. UBS Group reduced their price objective on shares of AppLovin from $798.00 to $790.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Citigroup reiterated a “buy” rating and issued a $600.00 price objective (down from $650.00) on shares of AppLovin in a report on Friday, September 11th. Finally, The Goldman Sachs Group lowered their target price on shares of AppLovin from $585.00 to $465.00 and set a “neutral” rating on the stock in a research report on Thursday, August 6th.
Check Out Our Latest Stock Report on AppLovin
AppLovin Stock Down 2.2%
AppLovin (NASDAQ:APP – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $3.76 EPS for the quarter, meeting the consensus estimate of $3.76. AppLovin had a return on equity of 193.10% and a net margin of 64.58%. The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the previous year, the business posted $2.39 EPS. The firm’s quarterly revenue was up 52.8% compared to the same quarter last year. Equities research analysts forecast that AppLovin will post 15.72 EPS for the current fiscal year.
Key AppLovin News
Here are the key news stories impacting AppLovin this week:
- Neutral Sentiment: Market coverage noted that AppLovin closed at $270.71 after a weaker session than the broader market, but provided no new company-specific fundamental catalyst. AppLovin Falls More Steeply Than Broader Market
- Negative Sentiment: Several law firms publicized a securities class-action lawsuit against AppLovin, seeking investors who purchased shares between February 12 and August 5, 2026 to seek lead-plaintiff status by November 16. The notices allege that the company made material misstatements or omissions about projected revenue growth from its AI products and self-service application. The allegations have not been proven in court. AppLovin Class Action Lawsuit Notice
- Negative Sentiment: The legal notices refer to a July 13 analyst report and AppLovin’s August 5 quarterly results as events that allegedly caused the stock to fall sharply. One complaint also claims management downplayed a disconnect between market sentiment and business reality while the pace of AI-model improvement was slowing. Levi and Korsinsky AppLovin Lawsuit Notice
- Negative Sentiment: Repeated investor-alert announcements from Rosen, Faruqi & Faruqi, Kaplan Fox, and other firms increase the visibility of the litigation risk, potentially adding pressure to an already volatile stock trading near its one-year low. Rosen AppLovin Investor Notice
Institutional Trading of AppLovin
A number of institutional investors and hedge funds have recently made changes to their positions in APP. Signature Estate & Investment Advisors LLC lifted its stake in AppLovin by 3,695.3% in the second quarter. Signature Estate & Investment Advisors LLC now owns 76,361 shares of the company’s stock valued at $39,345,000 after buying an additional 74,349 shares during the period. Insight Wealth Strategies LLC acquired a new position in shares of AppLovin during the 2nd quarter worth about $6,939,000. Generate Investment Management Ltd acquired a new position in shares of AppLovin during the 2nd quarter worth about $7,226,000. Nykredit A S bought a new stake in shares of AppLovin in the 2nd quarter valued at about $41,902,000. Finally, Saudi Central Bank increased its stake in shares of AppLovin by 88.7% in the 2nd quarter. Saudi Central Bank now owns 16,070 shares of the company’s stock valued at $8,280,000 after acquiring an additional 7,555 shares during the last quarter. Institutional investors and hedge funds 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 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.
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