AppLovin’s (APP) “Overweight” Rating Reiterated at Piper Sandler

Piper Sandler reiterated their overweight rating on shares of AppLovin (NASDAQ:APP) in a research report released on Thursday morning, MarketBeat.com reports. The firm currently has a $650.00 price objective on the stock, down from their previous price objective of $800.00.

Several other equities research analysts have also recently weighed in on APP. Wedbush increased their target price on shares of AppLovin from $465.00 to $640.00 and gave the company an “outperform” rating in a research note on Thursday. BTIG Research cut their price target on shares of AppLovin from $771.00 to $640.00 and set a “buy” rating for the company in a report on Thursday. JPMorgan Chase & Co. lifted their price objective on AppLovin from $425.00 to $650.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. UBS Group set a $740.00 price target on shares of AppLovin in a research note on Thursday. Finally, Scotiabank lifted their price objective on AppLovin from $750.00 to $775.00 and gave the stock an “outperform” rating in a research report on Thursday. Twenty equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $651.77.

AppLovin Price Performance

NASDAQ APP opened at $391.55 on Thursday. The company has a current ratio of 3.32, a quick ratio of 3.25 and a debt-to-equity ratio of 1.65. The company has a market cap of $132.32 billion, a PE ratio of 40.16, a PEG ratio of 1.28 and a beta of 2.49. AppLovin has a 1 year low of $200.50 and a 1 year high of $745.61. The stock’s 50-day moving average price is $596.51 and its two-hundred day moving average price is $571.78.

AppLovin (NASDAQ:APP) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, topping the consensus estimate of $2.89 by $0.35. The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.61 billion. AppLovin had a net margin of 57.42% and a return on equity of 245.64%. The firm’s quarterly revenue was up 66.0% compared to the same quarter last year. During the same period last year, the company posted $1.73 earnings per share. On average, analysts predict that AppLovin will post 6.87 EPS for the current year.

Insiders Place Their Bets

In other AppLovin news, CTO Vasily Shikin sold 14,708 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $548.45, for a total value of $8,066,602.60. Following the sale, the chief technology officer owned 35,889 shares in the company, valued at $19,683,322.05. This trade represents a 29.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Victoria Valenzuela sold 7,609 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $657.13, for a total transaction of $5,000,102.17. Following the completion of the transaction, the insider owned 277,110 shares of the company’s stock, valued at approximately $182,097,294.30. This trade represents a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 187,786 shares of company stock worth $100,914,925. 13.66% of the stock is owned by company insiders.

Institutional Trading of AppLovin

Several hedge funds have recently added to or reduced their stakes in the stock. Arete Wealth Advisors LLC lifted its position in shares of AppLovin by 53.7% during the fourth quarter. Arete Wealth Advisors LLC now owns 4,946 shares of the company’s stock worth $3,333,000 after acquiring an additional 1,727 shares in the last quarter. Kestra Advisory Services LLC boosted its position in shares of AppLovin by 0.8% during the 4th quarter. Kestra Advisory Services LLC now owns 8,519 shares of the company’s stock valued at $5,740,000 after acquiring an additional 68 shares during the last quarter. Liberty One Investment Management LLC bought a new position in shares of AppLovin in the 4th quarter worth $179,000. Transamerica Financial Advisors LLC increased its stake in AppLovin by 79.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 215 shares of the company’s stock valued at $145,000 after acquiring an additional 95 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its position in shares of AppLovin by 19.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,321 shares of the company’s stock valued at $890,000 after purchasing an additional 219 shares during the last quarter. Institutional investors own 41.85% of the company’s stock.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Q4 beat and raise — AppLovin reported stronger‑than‑expected Q4 revenue and EPS and issued 2026 guidance above Street estimates, giving investors a fundamentals‑driven reason to buy the stock. AppLovin (APP) Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Outstanding margins and cash flow — management reported ~84% adjusted EBITDA margins and very high free‑cash‑flow conversion, highlighting durable profitability that supports a premium valuation. AppLovin Rides on Margin Power: Here’s What You Should Know
• Positive Sentiment: Analyst support and buybacks — several firms reaffirmed or raised targets (and management disclosed large buybacks / cash generation commentary), which helps underwrite the rebound narrative. AppLovin price target raised by Wedbush
• Neutral Sentiment: Mixed analyst moves — although many shops kept Buy/Outperform ratings, several groups trimmed price targets after the volatility; this creates both support and room for further target revisions. Wells Fargo price target change and analyst notes
• Neutral Sentiment: Short‑interest data appears noisy/insignificant in recent reports (entries show zero/NaN), so shorting pressure doesn’t explain today’s move. (No meaningful short interest link available.)
• Negative Sentiment: Competition and AI fears — investors remain worried about potential competition (CloudX) and whether large platforms like Meta could encroach on AppLovin’s adtech niche; that fear helped trigger sharp earlier selloffs. AppLovin Plunges 18% Despite Blowout Earnings as AI Fears Rule
• Negative Sentiment: Broader software/AI rotation — the market‑wide re‑pricing of software names and headlines about a sector pullback have pressured APP despite the company’s strong quarter, prolonging volatility. Tech Stocks Down 50%: Buy the Dip or a Major Market Shift?
• Negative Sentiment: Market panic narrative — several commentators say recent selling was driven more by fear than fundamentals, meaning sentiment swings can still produce abrupt downside even after good results. AppLovin drops over competitor concerns, but analysts highlight positive growth drivers

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.