AppLovin Corporation $APP Stock Bought by Candriam S.C.A.

Key Points

• Candriam S.C.A. increased its AppLovin stake by 25.7% in the third quarter, adding 8,838 shares to reach 43,274 shares valued at about $12.6 million. Institutional investors collectively own 41.85% of the company.
• AppLovin reported quarterly revenue of $2.18 billion, up 55.5% year over year, and EPS of $4.30, beating analyst estimates; its fourth-quarter outlook also reportedly exceeded expectations.
• Analysts’ consensus rating is “Moderate Buy,” with a $497.93 average price target. Separately, a proposed securities class action alleges the company misrepresented the progress and adoption of its AI models and self-service ad tools; the claims are allegations, and the lead-plaintiff deadline is November 16.

Candriam S.C.A. boosted its position in AppLovin Corporation (NASDAQ:APP - Free Report) by 25.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 43,274 shares of the company's stock after purchasing an additional 8,838 shares during the quarter. Candriam S.C.A.'s holdings in AppLovin were worth $12,568,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ethic Inc. increased its stake in shares of AppLovin by 41.2% in the 3rd quarter. Ethic Inc. now owns 27,083 shares of the company's stock worth $7,866,000 after acquiring an additional 7,906 shares in the last quarter. Formidable Asset Management LLC purchased a new position in AppLovin during the 3rd quarter valued at about $232,000. Asset Dedication LLC lifted its position in AppLovin by 132.7% during the 3rd quarter. Asset Dedication LLC now owns 456 shares of the company's stock valued at $132,000 after acquiring an additional 260 shares during the period. Alps Advisors Inc. boosted its stake in AppLovin by 13.9% during the third quarter. Alps Advisors Inc. now owns 9,144 shares of the company's stock worth $2,656,000 after acquiring an additional 1,117 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its stake in AppLovin by 69.9% during the third quarter. International Assets Investment Management LLC now owns 11,228 shares of the company's stock worth $3,261,000 after acquiring an additional 4,619 shares in the last quarter. Hedge funds and other institutional investors own 41.85% of the company's stock.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin’s third-quarter revenue rose 55% year over year, and its fourth-quarter outlook topped expectations. Coverage says the results helped fuel a sharp recent rally; the company’s growth and the potential for further rollout of its ad models are cited as reasons for optimism. AppLovin Shares Surge as Revenue Continues to Soar
• Positive Sentiment: A Zacks analysis says AppLovin’s above-average financial growth could help it outperform the market, reinforcing the bullish growth narrative. Zacks growth-investor analysis
• Negative Sentiment: Several law firms are publicizing a pending securities class action for investors who bought shares from February 12 through August 5, 2026. The suit alleges the company misrepresented the progress and adoption of its AI models and self-service ad tools; these are allegations, not established findings. The lead-plaintiff deadline is November 16. The litigation could create legal costs and weigh on sentiment. Hagens Berman class-action notice

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on APP. Piper Sandler restated a "neutral" rating and issued a $355.00 price objective (up from $325.00) on shares of AppLovin in a report on Thursday. Needham & Company LLC reiterated a "buy" rating and set a $475.00 target price on shares of AppLovin in a report on Thursday, November 5th. Citigroup dropped their price target on AppLovin from $600.00 to $500.00 and set a "buy" rating on the stock in a research report on Monday, October 19th. Morgan Stanley dropped their price target on AppLovin from $450.00 to $400.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 13th. Finally, Loop Capital cut their price target on AppLovin from $860.00 to $600.00 and set a "buy" rating on the stock in a research note on Thursday, August 20th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, AppLovin presently has a consensus rating of "Moderate Buy" and a consensus price target of $497.93.

AppLovin Price Performance

APP opened at $410.00 on Tuesday. The stock has a 50-day moving average price of $295.20 and a 200-day moving average price of $409.29. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.30 and a quick ratio of 4.30. The firm has a market cap of $137.21 billion, a PE ratio of 27.59, a P/E/G ratio of 0.60 and a beta of 2.51. AppLovin Corporation has a 1 year low of $225.19 and a 1 year high of $738.01.

AppLovin (NASDAQ:APP - Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $4.30 EPS for the quarter, beating the consensus estimate of $4.03 by $0.27. The company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.07 billion. AppLovin had a net margin of 65.89% and a return on equity of 196.31%. AppLovin's revenue for the quarter was up 55.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.45 EPS. Sell-side analysts predict that AppLovin Corporation will post 16.18 earnings per share for the current fiscal year.

AppLovin Profile

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.

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