AppLovin (NASDAQ:APP) Price Target Cut to $660.00 by Analysts at Oppenheimer

AppLovin (NASDAQ:APP) had its price objective lowered by Oppenheimer from $740.00 to $660.00 in a report published on Thursday,Benzinga reports. The brokerage currently has an outperform rating on the stock.

APP has been the topic of a number of other research reports. Needham & Company LLC reissued a “buy” rating and issued a $700.00 price target on shares of AppLovin in a research report on Thursday, February 12th. Benchmark reiterated a “buy” rating on shares of AppLovin in a research note on Monday, February 2nd. Evercore reissued a “buy” rating on shares of AppLovin in a research report on Friday, January 30th. JPMorgan Chase & Co. upped their price target on shares of AppLovin from $425.00 to $650.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Finally, Weiss Ratings upgraded AppLovin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 20th. Twenty-one investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, AppLovin currently has an average rating of “Moderate Buy” and a consensus price target of $654.50.

AppLovin Stock Up 5.3%

APP stock opened at $508.56 on Thursday. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 1.65. The firm has a market cap of $171.53 billion, a PE ratio of 52.16, a PEG ratio of 0.99 and a beta of 2.51. AppLovin has a 1 year low of $200.50 and a 1 year high of $745.61. The company has a fifty day simple moving average of $518.43 and a 200 day simple moving average of $571.29.

AppLovin (NASDAQ:APP) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.35. AppLovin had a return on equity of 245.64% and a net margin of 57.42%.The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the prior year, the firm posted $1.73 EPS. The firm’s revenue for the quarter was up 66.0% on a year-over-year basis. Sell-side analysts anticipate that AppLovin will post 6.87 EPS for the current fiscal year.

Insider Activity

In related news, Director Dawson Alyssa Harvey sold 150 shares of AppLovin stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $693.32, for a total transaction of $103,998.00. Following the sale, the director directly owned 2,829 shares of the company’s stock, valued at $1,961,402.28. This trade represents a 5.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Victoria Valenzuela sold 7,609 shares of the business’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $657.13, for a total value of $5,000,102.17. Following the transaction, the insider owned 277,110 shares in the company, valued at $182,097,294.30. This represents a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 13.66% of the company’s stock.

Institutional Trading of AppLovin

Several institutional investors have recently modified their holdings of APP. LFA Lugano Financial Advisors SA bought a new position in AppLovin in the second quarter worth $26,000. Board of the Pension Protection Fund acquired a new position in shares of AppLovin in the 4th quarter valued at $27,000. Washington Trust Advisors Inc. lifted its holdings in shares of AppLovin by 160.0% during the 4th quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock worth $27,000 after acquiring an additional 24 shares during the period. Mcguire Capital Advisors Inc. acquired a new stake in shares of AppLovin during the 4th quarter valued at about $27,000. Finally, Chilton Capital Management LLC bought a new stake in AppLovin in the third quarter valued at about $29,000. Institutional investors and hedge funds own 41.85% of the company’s stock.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Company expanding Axon 2.0 beyond gaming into Prospecting, Discovery and upcoming lead‑generation campaigns (targeting auto, insurance, subscription verticals) — this diversification could grow addressable ad spend and reduce reliance on gaming monetization. AppLovin Expands Axon 2.0 As Investors Weigh Non Gaming Growth Potential
• Positive Sentiment: Recent analyst upgrades (Arete Research and others) and bullish commentary after strong Q4 results are lifting sentiment — analysts cite AppLovin’s AI/monetization momentum and improving software/ads fundamentals. AppLovin Upgraded at Arete Research Analysts Positive After Q4 Results
• Neutral Sentiment: Oppenheimer trimmed its price target from $740 to $660 but kept an “outperform” rating — still implies significant upside, so this is a mixed signal rather than a sell catalyst. Oppenheimer Lowers Price Target
• Neutral Sentiment: Company participated in the Morgan Stanley TMT conference (management access and investor Q&A) — supports transparency and could help re‑rate the stock if message resonates. AppLovin to Participate in Morgan Stanley Conference
• Neutral Sentiment: Published short‑interest notes in the feed show zero/NaN values (likely data error) — no actionable signal from short‑interest figures as reported.
• Negative Sentiment: Ongoing SEC investigation and heightened app‑store regulatory scrutiny create an overhang — potential for higher compliance costs, disclosure risk, or operational changes that could pressure margins if escalated. Regulatory Scrutiny Raises Questions

AppLovin Company Profile

AppLovin Corporation is a Palo Alto–based mobile technology company that provides software and services to help app developers grow and monetize their businesses. The company operates a data-driven advertising and marketing platform that connects app publishers and advertisers, delivering tools for user acquisition, monetization, analytics and creative optimization. AppLovin’s technology is integrated into a broad set of mobile applications through software development kits (SDKs) and ad products designed to maximize revenue and engagement for developers.

Key components of AppLovin’s offering include an ad mediation and exchange platform that enables publishers to manage and monetize inventory across multiple demand sources, and a user-acquisition platform that helps advertisers target and scale campaigns.