AppLovin (NASDAQ:APP) Stock Gets Price Target Bump from Royal Bank Of Canada

AppLovin (NASDAQ:APP) had its price objective raised by investment analysts at Royal Bank Of Canada from $500.00 to $520.00 in a note issued to investors on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada‘s price objective indicates a potential upside of 32.92% from the stock’s previous close.

Several other equities research analysts have also issued reports on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of AppLovin from $660.00 to $580.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Daiwa Securities Group dropped their price target on shares of AppLovin from $569.00 to $345.00 and set an “outperform” rating for the company in a research report on Wednesday, August 19th. HSBC reduced their price objective on shares of AppLovin from $450.00 to $409.00 and set a “buy” rating for the company in a research note on Monday, October 5th. Loop Capital decreased their price objective on shares of AppLovin from $860.00 to $600.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. Finally, Scotiabank decreased their price objective on shares of AppLovin from $515.00 to $450.00 and set a “sector outperform” rating on the stock in a research report on Thursday. Three analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $497.93.

AppLovin Stock Performance

NASDAQ:APP traded up $35.12 during mid-day trading on Thursday, hitting $391.22. 11,683,563 shares of the company traded hands, compared to its average volume of 3,772,017. The stock’s fifty day moving average price is $293.36 and its 200-day moving average price is $409.91. AppLovin has a one year low of $225.19 and a one year high of $738.01. 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 firm has a market cap of $130.92 billion, a price-to-earnings ratio of 26.33, a price-to-earnings-growth ratio of 0.51 and a beta of 2.51.

AppLovin (NASDAQ:APP) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $4.30 EPS for the quarter, topping the consensus estimate of $4.03 by $0.27. AppLovin had a return on equity of 193.10% and a net margin of 64.58%. The firm had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.07 billion. During the same quarter last year, the company earned $2.45 earnings per share. The business’s revenue for the quarter was up 55.5% compared to the same quarter last year. Research analysts anticipate that AppLovin will post 15.79 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Ibex Wealth Advisors boosted its position in shares of AppLovin by 0.5% during the third quarter. Ibex Wealth Advisors now owns 46,082 shares of the company’s stock worth $13,384,000 after acquiring an additional 215 shares during the last quarter. Diversified Trust Co raised its holdings in shares of AppLovin by 78.9% during the 3rd quarter. Diversified Trust Co now owns 5,852 shares of the company’s stock worth $1,700,000 after acquiring an additional 2,580 shares in the last quarter. Aberdeen Group plc raised its holdings in shares of AppLovin by 2,693.5% during the 3rd quarter. Aberdeen Group plc now owns 875,345 shares of the company’s stock worth $254,226,000 after acquiring an additional 844,010 shares in the last quarter. Money Concepts Capital Corp boosted its position in shares of AppLovin by 4.7% during the 3rd quarter. Money Concepts Capital Corp now owns 690 shares of the company’s stock valued at $200,000 after acquiring an additional 31 shares during the last quarter. Finally, Allworth Financial LP increased its position in AppLovin by 24.3% in the third quarter. Allworth Financial LP now owns 7,918 shares of the company’s stock worth $2,300,000 after purchasing an additional 1,546 shares during the last quarter. 41.85% of the stock is owned by hedge funds and other institutional investors.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported Q3 revenue of $2.18 billion, up 55.5% year over year, and EPS of $4.30, beating analyst estimates. Net income rose 72% to $1.44 billion, with a net margin near 66%. AppLovin Q3 results
• Positive Sentiment: Q4 revenue guidance of $2.365 billion–$2.395 billion came in above expectations, supporting hopes that growth from AppLovin’s AI-powered advertising models can continue as their rollout expands. CEO Adam Foroughi also said the business could grow roughly 30% annually over the long term. CEO comments on long-term growth
• Positive Sentiment: The company expanded its share repurchase authorization to $3.6 billion, while strong cash generation gives it capacity to return capital to shareholders. Cash generation and buyback
• Neutral Sentiment: Analyst views are mixed: RBC and Oppenheimer raised their targets to $520 and reiterated positive ratings, while Wells Fargo’s raised $347 target remains below the shares’ recent trading level and carries an equal-weight rating. Analyst target changes
• Negative Sentiment: Multiple law firms publicized a pending securities class action covering investors who bought shares from February 12 through August 5, 2026. The suit alleges misleading statements about AI-model readiness and adoption of self-service ad tools; the allegations are not established findings, but the litigation could create uncertainty. The lead-plaintiff deadline is November 16. Class-action notice

About AppLovin

AppLovin is a technology company that provides software to help mobile app developers and advertisers grow their businesses. Its platform connects advertisers seeking users with app publishers looking to monetize their audiences, using data and machine-learning tools to support advertising and user acquisition.

The company’s products include AXON, its advertising optimization engine; AppDiscovery, which helps advertisers find and acquire users; and MAX, a platform for managing in-app advertising.