Analysts Set AppLovin Corporation (NASDAQ:APP) Target Price at $695.90

AppLovin Corporation (NASDAQ:APP) has been assigned an average recommendation of “Moderate Buy” from the twenty-four research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $695.90.

Several brokerages have recently weighed in on APP. Scotiabank increased their price target on AppLovin from $575.00 to $750.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Deutsche Bank Aktiengesellschaft set a $705.00 target price on shares of AppLovin and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Phillip Securities upgraded shares of AppLovin to a “moderate buy” rating in a research report on Monday, September 29th. Zacks Research upgraded shares of AppLovin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. Finally, Morgan Stanley lifted their target price on shares of AppLovin from $480.00 to $750.00 and gave the stock an “overweight” rating in a research note on Monday, September 29th.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Analyst and bull case: several pieces note Wall Street optimism and list APP as a top tech pick for the year, supporting the growth narrative and investor interest. Wall Street Bulls Look Optimistic About AppLovin (APP): Should You Buy?
• Positive Sentiment: Growth thesis reiterated: a Zacks feature lays out three reasons APP can outperform — expanding ad monetization, strong revenue growth and operational leverage. These fundamentals underpin higher valuations if execution continues. Looking for a Growth Stock? 3 Reasons Why AppLovin (APP) is a Solid Choice
• Positive Sentiment: Market-theme support: a roundup of S&P 500 picks includes APP among tech names to watch in the year, which can attract benchmark-driven flows. S&P 500 Continues Its Stellar Run to Open New Year: 4 Solid Picks
• Neutral Sentiment: Increased attention: Zacks reports heavy investor searches for APP, signaling elevated interest and potential for higher volume/volatility but not directional proof. Investors Heavily Search AppLovin Corporation (APP): Here is What You Need to Know
• Neutral Sentiment: Macro/market context: broader market-mover coverage (e.g., investing.com note) may have influenced trading flows; APP moves can be amplified by tech/market leadership shifts. Micron and Lam Research among market cap stock movers on Tuesday
• Negative Sentiment: Near-term weakness: a Zacks piece flagged a daily decline for APP (shares sank while the broader market gained), which can trigger stop-losses and short-term selling pressure. AppLovin (APP) Stock Sinks As Market Gains: Here’s Why
• Negative Sentiment: Volatility/risk warnings: Forbes highlights APP’s history of sharp drawdowns (multiple >30% drops), a reminder that elevated valuation and beta can lead to big reversals. Why AppLovin Stock May Be A Risky Pick?
• Negative Sentiment: Fundamental concern: Seeking Alpha argues APP may face diminishing marginal returns, which would pressure future margin expansion assumptions and valuation. AppLovin May Be Facing Diminishing Marginal Returns

Insider Transactions at AppLovin

In other AppLovin news, Director Eduardo Vivas sold 150,000 shares of AppLovin stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $650.91, for a total value of $97,636,500.00. Following the completion of the sale, the director directly owned 7,133,292 shares in the company, valued at approximately $4,643,131,095.72. The trade was a 2.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Vasily Shikin sold 27,143 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $545.38, for a total value of $14,803,249.34. Following the transaction, the chief technology officer owned 3,323,681 shares in the company, valued at $1,812,669,143.78. The trade was a 0.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 340,336 shares of company stock valued at $200,062,623. Corporate insiders own 13.66% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of APP. Revolve Wealth Partners LLC acquired a new stake in AppLovin in the fourth quarter worth $294,000. Bison Wealth LLC bought a new position in shares of AppLovin during the 4th quarter worth about $239,000. Advisors Asset Management Inc. grew its stake in shares of AppLovin by 13.5% in the 1st quarter. Advisors Asset Management Inc. now owns 1,147 shares of the company’s stock valued at $304,000 after buying an additional 136 shares during the period. Integrated Wealth Concepts LLC increased its position in AppLovin by 58.0% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,692 shares of the company’s stock valued at $448,000 after buying an additional 621 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in AppLovin by 78.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 327,800 shares of the company’s stock valued at $86,878,000 after buying an additional 144,130 shares in the last quarter. Institutional investors and hedge funds own 41.85% of the company’s stock.

AppLovin Trading Down 2.5%

Shares of NASDAQ APP opened at $617.24 on Friday. The firm has a 50 day moving average price of $638.84 and a two-hundred day moving average price of $539.20. The stock has a market cap of $208.60 billion, a P/E ratio of 74.91, a price-to-earnings-growth ratio of 2.09 and a beta of 2.50. AppLovin has a 52-week low of $200.50 and a 52-week high of $745.61. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.25 and a current ratio of 3.25.

AppLovin (NASDAQ:APP) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.34 by $0.11. The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. AppLovin’s revenue for the quarter was up 68.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.29 earnings per share. As a group, equities analysts forecast that AppLovin will post 6.87 EPS for the current year.

About AppLovin

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.