Q3 Earnings Estimate for AppLovin Issued By Wedbush

AppLovin Corporation (NASDAQ:APP - Free Report) - Stock analysts at Wedbush issued their Q3 2025 earnings per share (EPS) estimates for shares of AppLovin in a research report issued to clients and investors on Tuesday, July 1st. Wedbush analyst A. Reese forecasts that the company will post earnings per share of $2.16 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 Q4 2025 earnings at $2.30 EPS, Q1 2026 earnings at $2.41 EPS, Q2 2026 earnings at $2.54 EPS, Q3 2026 earnings at $2.67 EPS, Q4 2026 earnings at $2.84 EPS, FY2026 earnings at $10.47 EPS, Q1 2027 earnings at $2.98 EPS, Q2 2027 earnings at $3.13 EPS and FY2027 earnings at $12.81 EPS.

Several other equities research analysts have also issued reports on APP. Oppenheimer reiterated an "outperform" rating and set a $500.00 price target (down from $560.00) on shares of AppLovin in a report on Thursday, May 8th. The Goldman Sachs Group lifted their price target on AppLovin from $335.00 to $435.00 and gave the company a "neutral" rating in a report on Friday, May 9th. Piper Sandler reiterated an "overweight" rating and set a $470.00 price target (up from $455.00) on shares of AppLovin in a report on Thursday, June 26th. UBS Group lifted their price target on AppLovin from $450.00 to $475.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Finally, JPMorgan Chase & Co. lifted their price target on AppLovin from $355.00 to $400.00 and gave the company a "neutral" rating in a report on Tuesday, June 3rd. One analyst has rated the stock with a sell rating, three have issued a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $438.85.

AppLovin Stock Up 1.3%

Shares of AppLovin stock traded up $4.24 during trading on Friday, hitting $340.24. 3,525,836 shares of the stock traded hands, compared to its average volume of 6,222,403. The stock has a market cap of $115.13 billion, a P/E ratio of 61.42, a PEG ratio of 2.04 and a beta of 2.42. The company has a debt-to-equity ratio of 6.10, a quick ratio of 1.68 and a current ratio of 1.68. AppLovin has a twelve month low of $60.67 and a twelve month high of $525.15. The company has a fifty day moving average price of $352.35 and a two-hundred day moving average price of $334.03.

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

Insider Activity

In other news, CTO Vasily Shikin sold 34,766 shares of the company'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 transaction of $12,294,648.24. Following the completion of the transaction, the chief technology officer directly owned 70,889 shares in the company, valued at $25,069,185.96. The trade was a 32.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dawson Alyssa Harvey sold 513 shares of the company's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $420.30, for a total value of $215,613.90. Following the transaction, the director owned 3,451 shares of the company's stock, valued at approximately $1,450,455.30. This trade represents a 12.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,212,968 shares of company stock valued at $455,062,980. Insiders own 13.66% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. HBW Advisory Services LLC acquired a new position in shares of AppLovin during the second quarter worth approximately $3,021,000. AG2R LA Mondiale Gestion D Actifs acquired a new position in shares of AppLovin during the first quarter worth approximately $2,134,000. Swedbank AB lifted its holdings in shares of AppLovin by 46.5% during the first quarter. Swedbank AB now owns 160,734 shares of the company's stock worth $42,590,000 after buying an additional 51,026 shares during the last quarter. First Hawaiian Bank acquired a new position in shares of AppLovin during the first quarter worth approximately $1,017,000. Finally, Inspire Investing LLC acquired a new position in shares of AppLovin during the first quarter worth approximately $2,120,000. 41.85% of the stock is currently owned by institutional investors and hedge funds.

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.