AppLovin (NASDAQ:APP) Stock Price Target Raised at Wells Fargo & Company

AppLovin (NASDAQ:APP) had its target price raised by Wells Fargo & Company from $325.00 to $347.00 in a report released on Friday morning,Benzinga reports. They currently have an equal weight rating on the stock.

APP has been the topic of several other research reports. Oppenheimer restated an “outperform” rating and set a $520.00 price target (up from $490.00) on shares of AppLovin in a report on Thursday. Loop Capital reduced their price target on AppLovin from $860.00 to $600.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. BTIG Research lifted their price objective on AppLovin from $396.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings raised AppLovin from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 16th. Finally, Phillip Securities raised AppLovin from a “moderate buy” rating to a “strong-buy” rating and lowered their price objective for the stock from $635.00 to $610.00 in a research report on Tuesday, August 11th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $497.93.

AppLovin Stock Up 9.9%

APP traded up $35.12 during trading hours on Friday, hitting $391.22. 11,683,563 shares of the company’s stock were exchanged, compared to its average volume of 3,772,017. AppLovin has a 12-month low of $225.19 and a 12-month high of $738.01. The firm has a 50 day moving average of $293.36 and a 200 day moving average of $409.91. The firm has a market cap of $130.92 billion, a P/E ratio of 26.33, a price-to-earnings-growth ratio of 0.51 and a beta of 2.51. The company has a current ratio of 4.30, a quick ratio of 4.30 and a debt-to-equity ratio of 1.11.

AppLovin (NASDAQ:APP) last released its earnings results on Wednesday, November 4th. The company reported $4.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.03 by $0.27. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period in the prior year, the business earned $2.45 EPS. The firm’s quarterly revenue was up 55.5% on a year-over-year basis. Analysts predict that AppLovin will post 15.79 EPS for the current fiscal year.

Institutional Trading of AppLovin

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cassaday & Co Wealth Management LLC acquired a new position in shares of AppLovin during the 1st quarter worth about $25,000. Rachor Investment Advisory Services LLC acquired a new stake in shares of AppLovin during the 3rd quarter worth about $25,000. Pioneer Family Office LLC acquired a new stake in shares of AppLovin during the 2nd quarter worth about $31,000. IMA Advisory Services Inc. raised 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 lifted its stake in AppLovin by 16.3% during the second quarter. OFI Invest Asset Management now owns 68,739 shares of the company’s stock worth $35,000 after purchasing an additional 9,615 shares during the last quarter. 41.85% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported Q3 revenue of $2.18 billion, up 55.5% year over year, and EPS of $4.30, beating analyst estimates. Net income rose 72% to $1.44 billion, with a net margin near 66%. AppLovin Q3 results
• Positive Sentiment: Q4 revenue guidance of $2.365 billion–$2.395 billion came in above expectations, supporting hopes that growth from AppLovin’s AI-powered advertising models can continue as their rollout expands. CEO Adam Foroughi also said the business could grow roughly 30% annually over the long term. CEO comments on long-term growth
• Positive Sentiment: The company expanded its share repurchase authorization to $3.6 billion, while strong cash generation gives it capacity to return capital to shareholders. Cash generation and buyback
• Neutral Sentiment: Analyst views are mixed: RBC and Oppenheimer raised their targets to $520 and reiterated positive ratings, while Wells Fargo’s raised $347 target remains below the shares’ recent trading level and carries an equal-weight rating. Analyst target changes
• Negative Sentiment: Multiple law firms publicized a pending securities class action covering investors who bought shares from February 12 through August 5, 2026. The suit alleges misleading statements about AI-model readiness and adoption of self-service ad tools; the allegations are not established findings, but the litigation could create uncertainty. The lead-plaintiff deadline is November 16. Class-action notice

AppLovin Company Profile

AppLovin is a technology company that provides software to help mobile app developers and advertisers grow their businesses. Its platform connects advertisers seeking users with app publishers looking to monetize their audiences, using data and machine-learning tools to support advertising and user acquisition.

The company’s products include AXON, its advertising optimization engine; AppDiscovery, which helps advertisers find and acquire users; and MAX, a platform for managing in-app advertising.