Wedbush Brokers Boost Earnings Estimates for AppLovin

AppLovin Corporation (NASDAQ:APP) – Equities research analysts at Wedbush lifted their Q4 2025 earnings per share estimates for AppLovin in a research note issued to investors on Thursday, November 6th. Wedbush analyst A. Reese now forecasts that the company will post earnings of $3.20 per share for the quarter, up from their previous estimate of $2.89. Wedbush currently has a “Outperform” rating and a $800.00 target price on the stock. The consensus estimate for AppLovin’s current full-year earnings is $6.87 per share.

Several other equities research analysts have also recently weighed in on the company. Morgan Stanley upped their price target on AppLovin from $480.00 to $750.00 and gave the stock an “overweight” rating in a research note on Monday, September 29th. Oppenheimer set a $740.00 target price on shares of AppLovin in a report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft set a $705.00 price target on shares of AppLovin and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Royal Bank Of Canada lifted their price target on shares of AppLovin from $700.00 to $750.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $630.00 price objective on shares of AppLovin in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $635.39.

AppLovin Stock Down 4.0%

Shares of NASDAQ:APP traded down $25.04 during trading on Friday, hitting $596.32. The stock had a trading volume of 1,304,051 shares, compared to its average volume of 7,150,730. The company has a market capitalization of $201.71 billion, a PE ratio of 72.63, a PEG ratio of 3.35 and a beta of 2.50. The company has a quick ratio of 2.74, a current ratio of 2.74 and a debt-to-equity ratio of 3.01. The firm’s fifty day moving average is $602.04 and its 200 day moving average is $447.68. AppLovin has a 12 month low of $200.50 and a 12 month high of $745.61.

AppLovin (NASDAQ:APP) last announced its earnings results on Wednesday, November 5th. The company reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.34 by $0.11. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 294.76%. The company’s revenue for the quarter was up 68.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.29 EPS. AppLovin has set its Q4 2025 guidance at EPS.

Insider Buying and Selling at AppLovin

In other AppLovin news, Director Dawson Alyssa Harvey sold 350 shares of the company’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $487.97, for a total value of $170,789.50. Following the completion of the sale, the director owned 3,150 shares in the company, valued at $1,537,105.50. This represents a 10.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CTO Vasily Shikin sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $437.57, for a total transaction of $13,127,100.00. Following the completion of the transaction, the chief technology officer owned 3,360,104 shares of the company’s stock, valued at approximately $1,470,280,707.28. The trade was a 0.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,156,788 shares of company stock valued at $514,863,333 in the last ninety days. Corporate insiders own 13.66% of the company’s stock.

Institutional Investors Weigh In On AppLovin

Several institutional investors have recently modified their holdings of APP. Vanguard Group Inc. increased its stake in AppLovin by 0.4% in the 2nd quarter. Vanguard Group Inc. now owns 17,902,795 shares of the company’s stock worth $6,267,410,000 after buying an additional 72,120 shares during the period. Price T Rowe Associates Inc. MD grew its position in AppLovin by 36.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,588,483 shares of the company’s stock valued at $1,745,752,000 after buying an additional 1,769,400 shares during the period. State Street Corp boosted its stake in shares of AppLovin by 2.4% in the second quarter. State Street Corp now owns 5,615,415 shares of the company’s stock worth $1,965,844,000 after acquiring an additional 133,402 shares during the last quarter. Baillie Gifford & Co. raised its position in shares of AppLovin by 29.0% during the 1st quarter. Baillie Gifford & Co. now owns 5,270,355 shares of the company’s stock valued at $1,396,486,000 after buying an additional 1,185,859 shares during the period. Finally, Invesco Ltd. raised its stake in shares of AppLovin by 32.9% in the first quarter. Invesco Ltd. now owns 4,011,306 shares of the company’s stock valued at $1,062,876,000 after acquiring an additional 992,316 shares in the last quarter. 41.85% of the stock is owned by institutional investors.

AppLovin Company Profile

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.