AppLovin (APP) Projected to Post Earnings on Wednesday

AppLovin (NASDAQ:APP - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect AppLovin to post 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 released its quarterly earnings data 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 net margin of 33.54% and a return on equity of 188.55%. On average, analysts expect AppLovin to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

AppLovin Stock Performance

NASDAQ APP opened at $288.88 on Wednesday. The stock has a market cap of $98.21 billion, a P/E ratio of 63.63, a PEG ratio of 3.02 and a beta of 2.39. The company's 50-day simple moving average is $283.75 and its 200 day simple moving average is $303.01. AppLovin has a twelve month low of $60.67 and a twelve month high of $525.15. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 3.70.

Insider Buying and Selling at AppLovin

In other AppLovin news, CTO Vasily Shikin sold 17,500 shares of the company's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $241.65, for a total value of $4,228,875.00. Following the completion of the sale, the chief technology officer now owns 88,389 shares of the company's stock, valued at approximately $21,359,201.85. This represents a 16.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Arash Adam Foroughi sold 44,400 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $410.89, for a total transaction of $18,243,516.00. Following the completion of the sale, the chief executive officer now directly owns 2,869,492 shares of the company's stock, valued at $1,179,045,567.88. The trade was a 1.52 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 306,900 shares of company stock valued at $106,401,841. Corporate insiders own 14.69% of the company's stock.

Institutional Investors Weigh In On AppLovin

An institutional investor recently bought a new position in AppLovin stock. Revolve Wealth Partners LLC acquired a new position in shares of AppLovin Co. (NASDAQ:APP - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 909 shares of the company's stock, valued at approximately $294,000. Hedge funds and other institutional investors own 41.85% of the company's stock.

Analyst Ratings Changes

A number of research firms recently weighed in on APP. Jefferies Financial Group upped their target price on shares of AppLovin from $400.00 to $425.00 and gave the company a "buy" rating in a research note on Wednesday, January 8th. UBS Group lowered their target price on shares of AppLovin from $630.00 to $450.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Morgan Stanley raised shares of AppLovin from an "equal weight" rating to an "overweight" rating and lowered their target price for the company from $470.00 to $350.00 in a research note on Thursday, April 10th. Arete Research set a $200.00 target price on shares of AppLovin in a research note on Wednesday, March 5th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of AppLovin in a research note on Monday, April 21st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, AppLovin presently has a consensus rating of "Moderate Buy" and an average price target of $415.15.

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.

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