AppLovin (NASDAQ:APP) Price Target Lowered to $500.00 at Needham & Company LLC

AppLovin (NASDAQ:APP) had its price target decreased by equities research analysts at Needham & Company LLC from $700.00 to $500.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s price target would indicate a potential upside of 19.67% from the company’s previous close.

Several other brokerages also recently issued reports on APP. Piper Sandler downgraded shares of AppLovin from an “overweight” rating to a “neutral” rating and set a $385.00 price target on the stock. in a report on Thursday. Citigroup reaffirmed a “buy” rating on shares of AppLovin in a research report on Monday, June 22nd. JPMorgan Chase & Co. raised their price objective on AppLovin from $500.00 to $515.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. UBS Group boosted their target price on shares of AppLovin from $750.00 to $798.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Argus began coverage on AppLovin in a report on Tuesday, April 14th. They issued a “buy” rating and a $520.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $612.45.

AppLovin Price Performance

AppLovin stock opened at $417.80 on Thursday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 3.24 and a current ratio of 3.24. AppLovin has a one year low of $359.00 and a one year high of $745.61. The business has a fifty day moving average of $484.79 and a two-hundred day moving average of $466.38. The company has a market cap of $140.36 billion, a P/E ratio of 35.89, a price-to-earnings-growth ratio of 0.69 and a beta of 2.54.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, hitting analysts’ consensus estimates of $3.76. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.94 billion. AppLovin had a net margin of 64.29% and a return on equity of 219.37%. The firm’s revenue was up 52.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.39 earnings per share. As a group, analysts predict that AppLovin will post 15.93 earnings per share for the current fiscal year.

Insider Transactions at AppLovin

In other news, Director Eduardo Vivas sold 163,910 shares of AppLovin stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $504.06, for a total transaction of $82,620,474.60. Following the sale, the director owned 6,785,087 shares of the company’s stock, valued at approximately $3,420,090,953.22. The trade was a 2.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO Vasily Shikin sold 62,804 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $484.42, for a total value of $30,423,513.68. Following the completion of the transaction, the chief technology officer directly owned 3,189,739 shares of the company’s stock, valued at approximately $1,545,173,366.38. The trade was a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 393,000 shares of company stock worth $197,297,363 in the last quarter. 12.81% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Calamos Advisors LLC raised its holdings in shares of AppLovin by 73.3% in the 4th quarter. Calamos Advisors LLC now owns 48,737 shares of the company’s stock valued at $32,840,000 after purchasing an additional 20,609 shares during the period. Dara Capital US Inc. bought a new stake in AppLovin during the fourth quarter worth about $1,747,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in AppLovin by 12.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 195,265 shares of the company’s stock worth $131,573,000 after purchasing an additional 21,427 shares during the last quarter. Fifth Third Bancorp lifted its position in shares of AppLovin by 312.0% during the 4th quarter. Fifth Third Bancorp now owns 6,123 shares of the company’s stock worth $4,126,000 after buying an additional 4,637 shares during the last quarter. Finally, North Dakota State Investment Board bought a new position in shares of AppLovin in the fourth quarter worth about $5,490,000. Institutional investors and hedge funds own 41.85% of the company’s stock.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported adjusted earnings of $3.76 per share, in line with the primary consensus estimate and above the $3.72 Zacks estimate. Revenue increased 52.8% year over year to $1.924 billion, demonstrating continued strong growth. AppLovin Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Management said an SEC investigation involving the company has been closed, removing a regulatory overhang for investors. APP Stock Plunges After Revenue Miss and Soft Guidance
• Neutral Sentiment: The company continues to benefit from the broader AI and application-software investment theme, with some analysts viewing AppLovin as an application-layer AI business capable of converting growth into substantial profits. However, the market’s reaction indicates that future growth expectations are already demanding. Three Stocks That Prove the AI Trade Is Not Over
• Negative Sentiment: Second-quarter revenue came in below Wall Street’s roughly $1.94 billion forecast. The modest top-line miss was particularly disappointing because earnings growth and AppLovin’s elevated valuation had set a very high bar. AppLovin Reports Second-Quarter Revenue Below Estimates
• Negative Sentiment: Third-quarter revenue guidance of $2.055 billion to $2.085 billion, or approximately $2.07 billion at the midpoint, was below the approximately $2.08 billion analyst expectation. The softer outlook fueled concerns that AppLovin’s rapid growth may be moderating. AppLovin Gives Soft Third-Quarter Outlook
• Negative Sentiment: A law firm is investigating potential claims on behalf of AppLovin investors, adding a separate headline risk, although the investigation itself does not establish wrongdoing. Pomerantz Investor Alert

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.