AppLovin (NASDAQ:APP) Stock Gets Price Target Increase from BTIG Research

AppLovin (NASDAQ:APP) had its price objective lifted by investment analysts at BTIG Research from $396.00 to $450.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. BTIG Research‘s price target would suggest a potential upside of 65.59% from the company’s previous close.

A number of other equities research analysts have also recently weighed in on the stock. Benchmark cut their price objective 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. Raymond James Financial lowered their target price on AppLovin from $640.00 to $590.00 in a report on Thursday, August 6th. Phillip Securities upgraded AppLovin from a “moderate buy” rating to a “strong-buy” rating and cut their price objective for the company from $635.00 to $610.00 in a research report on Tuesday, August 11th. William Blair set a $440.00 target price on shares of AppLovin in a report on Monday, August 17th. Finally, Royal Bank Of Canada lowered their price target on AppLovin from $575.00 to $500.00 and set an “outperform” rating on the stock in a report on Wednesday, October 28th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, AppLovin has a consensus rating of “Moderate Buy” and a consensus target price of $495.18.

AppLovin Stock Up 10.7%

APP stock opened at $271.75 on Thursday. The firm’s 50-day simple moving average is $290.82 and its 200 day simple moving average is $411.84. AppLovin has a fifty-two week low of $225.19 and a fifty-two week high of $738.01. The stock has a market cap of $90.94 billion, a PE ratio of 20.89, a price-to-earnings-growth ratio of 0.55 and a beta of 2.51. The company has a quick ratio of 4.30, a current ratio of 4.30 and a debt-to-equity ratio of 1.11.

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

Institutional Trading of AppLovin

Several hedge funds have recently modified their holdings of APP. Cassaday & Co Wealth Management LLC acquired a new position in shares of AppLovin during the first quarter valued at $25,000. Rachor Investment Advisory Services LLC acquired a new stake in AppLovin during the 3rd quarter worth $25,000. Pioneer Family Office LLC bought a new position in AppLovin during the second quarter worth about $31,000. IMA Advisory Services Inc. increased its holdings in shares of AppLovin by 40.0% in the first 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 holdings 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 valued at $35,000 after purchasing an additional 9,615 shares in the last quarter. Institutional investors and hedge funds own 41.85% of the company’s stock.

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 earnings of $4.30 per share, beating analyst estimates. Net income rose 72% to about $1.44 billion. AppLovin Rallies After Earnings, Revenue Beat and Strong Guidance
• Positive Sentiment: Q4 revenue guidance of $2.365 billion to $2.395 billion is above analyst expectations, signaling continued momentum as the company rolls out its AI advertising model. AppLovin Forecasts Q4 Revenue as Model Rollout Continues
• Positive Sentiment: The company generated $1.4 billion in free cash flow and increased its share-repurchase authorization to $3.6 billion, adding a potential source of shareholder returns. AppLovin Q3 Earnings Call Highlights
• Negative Sentiment: Several law firms publicized a securities class action covering investors who bought shares between February 12 and August 5, 2026. The suit alleges misleading statements about AI model readiness and advertising tools; these are allegations, not findings. Kaplan Fox Alerts Investors to Class Action Deadline

About AppLovin

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.