Analysts’ Weekly Ratings Changes for AppLovin (APP)

A number of research firms have changed their ratings and price targets for AppLovin (NASDAQ: APP):

• 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.
• 1/10/2025 – AppLovin had its price target raised by analysts at JPMorgan Chase & Co. from $200.00 to $325.00. They now have a “neutral” rating on the stock.
• 1/10/2025 – AppLovin is now covered by analysts at Benchmark Co.. They set a “buy” rating and a $375.00 price target on the stock.
• 1/8/2025 – AppLovin had its price target raised by analysts at Jefferies Financial Group Inc. from $400.00 to $425.00. They now have a “buy” rating on the stock.

AppLovin Stock Down 10.8 %

Shares of AppLovin stock traded down $53.29 during trading on Thursday, hitting $440.89. 5,579,887 shares of the stock traded hands, compared to its average volume of 5,076,458. AppLovin Co. has a 52-week low of $54.50 and a 52-week high of $525.15. The stock’s fifty day simple moving average is $361.30 and its 200 day simple moving average is $239.37. The firm has a market cap of $147.96 billion, a P/E ratio of 97.11, a price-to-earnings-growth ratio of 3.61 and a beta of 2.30. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 3.70.

AppLovin (NASDAQ:APP) last posted its earnings results on Wednesday, February 12th. The company reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.61. AppLovin had a net margin of 33.54% and a return on equity of 188.55%. On average, equities analysts predict that AppLovin Co. will post 6.87 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Herald Y. Chen sold 99,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director now owns 621,209 shares in the company, valued at $204,688,365.50. This trade represents a 13.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Matthew Stumpf sold 21,101 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $332.67, for a total transaction of $7,019,669.67. Following the completion of the transaction, the chief financial officer now directly owns 213,336 shares in the company, valued at approximately $70,970,487.12. This represents a 9.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 217,403 shares of company stock valued at $72,325,024 in the last ninety days. Insiders own 14.69% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of APP. Peak Retirement Planning Inc. purchased a new position in shares of AppLovin in the 4th quarter valued at about $969,000. Toronto Dominion Bank increased its position in AppLovin by 22.0% during the fourth quarter. Toronto Dominion Bank now owns 30,705 shares of the company’s stock worth $9,943,000 after buying an additional 5,531 shares during the period. Invst LLC raised its position in AppLovin by 8.1% in the 4th quarter. Invst LLC now owns 7,363 shares of the company’s stock valued at $2,384,000 after purchasing an additional 551 shares during the last quarter. Cache Advisors LLC acquired a new position in AppLovin in the 4th quarter valued at about $2,246,000. Finally, GF Fund Management CO. LTD. acquired a new stake in AppLovin during the 4th quarter worth approximately $18,912,000. 41.85% of the stock is currently owned by hedge funds and other institutional investors.

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.