Wedbush Predicts AppLovin's Q2 Earnings (NASDAQ:APP)

Key Points

• Wedbush analysts predict AppLovin will report $2.09 earnings per share for Q2 2025, with a full-year estimate of $6.87 per share for 2024.
• Current analyst ratings show 17 buy ratings, 3 strong buy, and only 1 sell rating, with a consensus target price of $447.57.
• AppLovin's share prices have fluctuated significantly, reaching a twelve-month high of $525.15 and a low of $60.67, indicating volatility within the stock.

AppLovin Corporation (NASDAQ:APP - Free Report) - Equities research analysts at Wedbush issued their Q2 2025 earnings estimates for AppLovin in a report issued on Monday, July 28th. Wedbush analyst A. Reese anticipates that the company will post earnings of $2.09 per share for the quarter. Wedbush has a "Strong-Buy" rating on the stock. The consensus estimate for AppLovin's current full-year earnings is $6.87 per share. Wedbush also issued estimates for AppLovin's FY2025 earnings at $8.39 EPS.

AppLovin (NASDAQ:APP - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.22. AppLovin had a net margin of 37.38% and a return on equity of 224.65%. The company had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the previous year, the firm posted $0.67 earnings per share. The company's quarterly revenue was up 40.3% compared to the same quarter last year.

Several other equities research analysts have also recently weighed in on APP. Benchmark reissued a "buy" rating and set a $525.00 price target on shares of AppLovin in a research report on Thursday, May 8th. Piper Sandler reiterated an "overweight" rating and issued a $470.00 price target (up from $455.00) on shares of AppLovin in a research note on Thursday, June 26th. Oppenheimer restated an "outperform" rating and set a $500.00 price objective (down from $560.00) on shares of AppLovin in a research note on Thursday, May 8th. JPMorgan Chase & Co. raised their price target on shares of AppLovin from $355.00 to $400.00 and gave the company a "neutral" rating in a report on Tuesday, June 3rd. Finally, Wall Street Zen raised shares of AppLovin from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, seventeen have issued a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, AppLovin has an average rating of "Moderate Buy" and a consensus target price of $447.57.

AppLovin Price Performance

NASDAQ APP traded down $11.53 on Wednesday, hitting $379.17. The stock had a trading volume of 6,325,484 shares, compared to its average volume of 7,105,278. The firm has a 50-day moving average of $362.95 and a 200-day moving average of $337.13. The company has a market capitalization of $128.31 billion, a price-to-earnings ratio of 68.44, a price-to-earnings-growth ratio of 2.16 and a beta of 2.42. AppLovin has a 52-week low of $60.67 and a 52-week high of $525.15. The company has a debt-to-equity ratio of 6.10, a quick ratio of 1.68 and a current ratio of 1.68.

Insider Buying and Selling

In other news, Director Herald Y. Chen sold 400,000 shares of AppLovin stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $374.61, for a total value of $149,844,000.00. Following the completion of the transaction, the director owned 221,209 shares in the company, valued at approximately $82,867,103.49. This trade represents a 64.39% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO Vasily Shikin sold 34,766 shares of the business's stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $353.64, for a total value of $12,294,648.24. Following the sale, the chief technology officer owned 70,889 shares of the company's stock, valued at approximately $25,069,185.96. The trade was a 32.91% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,212,968 shares of company stock worth $455,062,980 in the last quarter. 13.66% of the stock is currently owned by insiders.

Institutional Investors Weigh In On AppLovin

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hilltop National Bank acquired a new position in AppLovin during the second quarter worth $26,000. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of AppLovin in the fourth quarter valued at $25,000. Atala Financial Inc purchased a new position in AppLovin during the first quarter worth about $26,000. Hoey Investments Inc. purchased a new position in AppLovin during the second quarter worth about $35,000. Finally, Trust Co. of Vermont purchased a new position in shares of AppLovin in the 2nd quarter worth about $35,000. Hedge funds and other institutional investors own 41.85% of the company's stock.

About AppLovin

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.