Research Analysts’ Recent Ratings Updates for AppLovin (APP)

A number of firms have modified their ratings and price targets on shares of AppLovin (NASDAQ: APP) recently:

• 3/5/2025 – AppLovin was given a new $200.00 price target on by analysts at Arete Research.
• 3/5/2025 – AppLovin was upgraded by analysts at Arete Research to a “strong sell” rating.
• 2/27/2025 – AppLovin was given a new $538.00 price target on by analysts at Wells Fargo & Company. They now have an “overweight” rating on the stock.
• 2/20/2025 – AppLovin had its price target raised by analysts at Loop Capital from $450.00 to $650.00. They now have a “buy” rating on the stock.
• 2/19/2025 – AppLovin had its price target raised by analysts at Citigroup Inc. from $460.00 to $600.00. They now have a “buy” rating on the stock.
• 2/13/2025 – AppLovin had its price target raised by analysts at Piper Sandler from $400.00 to $575.00. They now have an “overweight” rating on the stock.
• 2/13/2025 – AppLovin had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $560.00 price target on the stock, up previously from $480.00.
• 2/13/2025 – AppLovin had its price target raised by analysts at JPMorgan Chase & Co. from $325.00 to $475.00. They now have a “neutral” rating on the stock.
• 2/13/2025 – AppLovin had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 2/13/2025 – AppLovin had its price target raised by analysts at Benchmark Co. from $375.00 to $525.00. They now have a “buy” rating on the stock.
• 2/13/2025 – AppLovin had its price target raised by analysts at UBS Group AG from $440.00 to $630.00. They now have a “buy” rating on the stock.
• 2/13/2025 – AppLovin had its price target raised by analysts at Bank of America Co. from $375.00 to $580.00. They now have a “buy” rating on the stock.
• 1/27/2025 – AppLovin had its price target raised by analysts at The Goldman Sachs Group, Inc. from $220.00 to $335.00. They now have a “neutral” rating on the stock.
• 1/22/2025 – AppLovin had its price target raised by analysts at UBS Group AG from $315.00 to $440.00. They now have a “buy” rating on the stock.
• 1/13/2025 – AppLovin had its price target raised by analysts at Wells Fargo & Company from $360.00 to $366.00. They now have an “overweight” rating on the stock.

AppLovin Trading Up 6.9 %

Shares of NASDAQ:APP traded up $17.80 during mid-day trading on Wednesday, reaching $275.56. 9,086,261 shares of the company were exchanged, compared to its average volume of 5,128,385. The firm has a market cap of $93.68 billion, a price-to-earnings ratio of 60.70, a P/E/G ratio of 3.02 and a beta of 2.33. The company has a debt-to-equity ratio of 3.70, a current ratio of 2.41 and a quick ratio of 2.41. AppLovin Co. has a 1 year low of $59.92 and a 1 year high of $525.15. The firm’s 50-day simple moving average is $360.57 and its 200 day simple moving average is $265.20.

AppLovin (NASDAQ:APP) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.61. AppLovin had a return on equity of 188.55% and a net margin of 33.54%. Equities research analysts forecast that AppLovin Co. will post 6.87 EPS for the current year.

Insider Transactions at AppLovin

In other AppLovin news, Director Herald Y. Chen sold 99,000 shares of the stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $329.50, for a total value of $32,620,500.00. Following the sale, the director now owns 621,209 shares of the company’s stock, valued at $204,688,365.50. This trade represents a 13.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Arash Adam Foroughi sold 44,400 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $410.89, for a total value of $18,243,516.00. Following the transaction, the chief executive officer now directly owns 2,869,492 shares of the company’s stock, valued at approximately $1,179,045,567.88. This represents a 1.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 404,371 shares of company stock valued at $139,793,507. 14.69% of the stock is currently owned by corporate insiders.

Institutional Trading of AppLovin

Several hedge funds have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of AppLovin in the 4th quarter valued at $25,000. GHP Investment Advisors Inc. purchased a new position in AppLovin in the fourth quarter valued at $25,000. Riverview Trust Co raised its stake in AppLovin by 1,640.0% in the fourth quarter. Riverview Trust Co now owns 87 shares of the company’s stock valued at $28,000 after buying an additional 82 shares in the last quarter. Tucker Asset Management LLC purchased a new stake in AppLovin during the 4th quarter worth about $28,000. Finally, Hemington Wealth Management boosted its position in shares of AppLovin by 78.4% during the 4th quarter. Hemington Wealth Management now owns 91 shares of the company’s stock worth $29,000 after acquiring an additional 40 shares in the last quarter. Institutional investors and hedge funds own 41.85% of the company’s stock.

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.