Brokerages Set AppLovin Corporation (NASDAQ:APP) Target Price at $538.09

AppLovin Corporation (NASDAQ:APP) has been given an average rating of “Moderate Buy” by the twenty-four brokerages that are presently covering the company, MarketBeat reports. Eight research analysts have rated the stock with a hold rating, thirteen have given a buy rating and three have assigned a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $529.3913.

APP has been the subject of several recent analyst reports. Evercore reaffirmed an “outperform” rating and set a $510.00 price objective on shares of AppLovin in a research report on Tuesday, September 1st. Piper Sandler cut their price target on AppLovin from $385.00 to $325.00 and set a “neutral” rating on the stock in a research note on Friday, August 21st. Royal Bank Of Canada decreased their price target on AppLovin from $700.00 to $575.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. The Goldman Sachs Group lowered their price objective on AppLovin from $585.00 to $465.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Finally, Raymond James Financial initiated coverage on AppLovin in a report on Monday, June 29th. They issued a “strong-buy” rating and a $640.00 price objective on the stock.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin launched the Wurl Content Intelligence platform, designed to help advertisers target audiences on streaming television. The product expands the company’s advertising technology offering beyond its core mobile-app business. AppLovin Launches Wurl Content Intelligence Platform For Streaming TV Targeting
• Positive Sentiment: Some analysts remain constructive following AppLovin’s roughly 26% to 36% pullback over recent months. The bullish case points to approximately 52% year-over-year revenue growth, strong adjusted EBITDA margins and expectations for Q3 sequential revenue growth of about 7% to 8%, supported by improvements to the Axon advertising model and increased spending from non-Gaming advertisers. AppLovin Sequential Growth Reacceleration And Consumer Scaling Should Drive Meaningful Upside
• Neutral Sentiment: Market commentary highlights a mixed setup: AppLovin remains a high-growth, highly profitable business, but investors are monitoring the timing and scalability of its AI models, execution in newer advertising categories and increasing competition. AppLovin Great Business, But External Headwinds Keep Me On The Sidelines
• Negative Sentiment: Several law firms announced or promoted a securities class action covering investors who purchased AppLovin securities from February 12 through August 5, 2026. The legal complaints allege investor losses and potential securities-law violations; the announcements increase headline, litigation and reputational risk, although the allegations have not been proven. Investors seeking lead-plaintiff status may have until November 16, 2026 to apply. AppLovin Investor Alert
• Negative Sentiment: Commentary from Jim Cramer also leaned cautious, suggesting AppLovin could experience a short-term bounce but faces larger competitors entering its market. That view adds to concerns about valuation and the durability of the company’s rapid growth. Jim Cramer Explains Why AppLovin Stock Is Going Down

Insider Transactions at AppLovin

In other AppLovin news, Director G Jr sold 3,076 shares of the stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $521.29, for a total value of $1,603,488.04. Following the transaction, the director directly owned 120,444 shares in the company, valued at $62,786,252.76. This represents a 2.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 12.81% of the stock is owned by company insiders.

Institutional Trading of AppLovin

Several institutional investors have recently modified their holdings of the stock. SkyView Investment Advisors LLC acquired a new stake in AppLovin during the 2nd quarter worth $515,000. Talon Private Wealth LLC lifted its position in AppLovin by 184.3% in the second quarter. Talon Private Wealth LLC now owns 3,915 shares of the company’s stock valued at $2,017,000 after acquiring an additional 2,538 shares during the last quarter. Bouchey Financial Group Ltd. acquired a new position in AppLovin in the second quarter valued at $204,000. The Manufacturers Life Insurance Company boosted its stake in AppLovin by 409.6% in the second quarter. The Manufacturers Life Insurance Company now owns 776,097 shares of the company’s stock valued at $399,868,000 after acquiring an additional 623,815 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of AppLovin by 5.4% during the second quarter. Sequoia Financial Advisors LLC now owns 9,837 shares of the company’s stock worth $5,068,000 after purchasing an additional 508 shares during the last quarter. Hedge funds and other institutional investors own 41.85% of the company’s stock.

AppLovin Stock Down 1.5%

Shares of NASDAQ:APP opened at $321.60 on Friday. AppLovin has a fifty-two week low of $297.50 and a fifty-two week high of $745.61. The firm’s 50 day moving average price is $357.44 and its 200 day moving average price is $435.01. The company has a quick ratio of 4.30, a current ratio of 4.30 and a debt-to-equity ratio of 1.11. The stock has a market cap of $107.62 billion, a price-to-earnings ratio of 24.72, a price-to-earnings-growth ratio of 0.68 and a beta of 2.49.

AppLovin (NASDAQ:APP) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $3.76 EPS for the quarter, hitting the consensus estimate of $3.76. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the previous year, the business posted $2.39 EPS. The firm’s revenue was up 52.8% on a year-over-year basis. As a group, equities research analysts predict that AppLovin will post 15.76 earnings per share for the current fiscal year.

AppLovin Company Profile

AppLovin Corporation (NASDAQ: APP) is a technology company that provides software and services designed to help mobile application developers grow their businesses. Its platform supports user acquisition, advertising, monetization, measurement and other functions that enable developers to attract users and generate revenue from their applications.

AppLovin’s offerings include AXON, an artificial-intelligence-powered software engine used to optimize advertising and user-acquisition campaigns; MAX, a platform for managing in-app advertising and mediation; and AppDiscovery, which helps developers promote their applications.