AppLovin (APP) Projected to Post Quarterly Earnings on Wednesday

AppLovin (NASDAQ:APP - Get Free Report) is anticipated to announce its Q1 2025 earnings results after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $1.45 per share and revenue of $1.38 billion for the quarter. AppLovin has set its Q1 2025 guidance at EPS.

AppLovin (NASDAQ:APP - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $1.73 EPS for the quarter, topping analysts' consensus estimates of $1.12 by $0.61. AppLovin had a return on equity of 188.55% and a net margin of 33.54%. On average, analysts expect AppLovin to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

AppLovin Stock Up 10.1 %

APP stock traded up $28.09 on Friday, reaching $307.58. 6,984,084 shares of the company traded hands, compared to its average volume of 5,955,922. The firm has a fifty day simple moving average of $276.82 and a 200-day simple moving average of $305.94. The company has a market cap of $104.56 billion, a P/E ratio of 67.75, a price-to-earnings-growth ratio of 3.02 and a beta of 2.39. AppLovin has a one year low of $60.67 and a one year high of $525.15. The company has a debt-to-equity ratio of 3.70, a current ratio of 2.41 and a quick ratio of 2.41.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on APP. Benchmark lifted their price target on AppLovin from $375.00 to $525.00 and gave the stock a "buy" rating in a research report on Thursday, February 13th. Bank of America upped their target price on shares of AppLovin from $375.00 to $580.00 and gave the stock a "buy" rating in a research note on Thursday, February 13th. Wells Fargo & Company lowered their price objective on AppLovin from $538.00 to $386.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Loop Capital reissued a "buy" rating and issued a $650.00 target price on shares of AppLovin in a report on Friday, March 28th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of AppLovin in a research report on Monday, April 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $415.15.

Insider Activity at AppLovin

In related news, CEO Arash Adam Foroughi sold 45,000 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $422.21, for a total transaction of $18,999,450.00. Following the completion of the transaction, the chief executive officer now directly owns 2,914,492 shares of the company's stock, valued at approximately $1,230,527,667.32. This represents a 1.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Herald Y. Chen sold 200,000 shares of the business's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $324.65, for a total transaction of $64,930,000.00. Following the completion of the sale, the director now owns 621,209 shares in the company, valued at $201,675,501.85. This represents a 24.35 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 306,900 shares of company stock worth $106,401,841. 14.69% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On AppLovin

An institutional investor recently bought a new position in AppLovin stock. Revolve Wealth Partners LLC bought a new position in AppLovin Co. (NASDAQ:APP - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 909 shares of the company's stock, valued at approximately $294,000. Institutional investors own 41.85% of the company's stock.

AppLovin Company Profile

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.