Q3 Earnings Forecast for AppLovin Issued By Wedbush

AppLovin Corporation (NASDAQ:APP - Free Report) - Equities researchers at Wedbush issued their Q3 2025 earnings estimates for AppLovin in a note issued to investors on Tuesday, July 1st. Wedbush analyst A. Reese anticipates that the company will post earnings of $2.16 per share for the quarter. Wedbush currently 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.

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

APP has been the topic of a number of other reports. Citigroup reissued a "buy" rating on shares of AppLovin in a report on Thursday, May 29th. Wells Fargo & Company upped their price target on shares of AppLovin from $386.00 to $405.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. FBN Securities began coverage on shares of AppLovin in a research report on Friday, March 28th. They set an "outperform" rating and a $385.00 price target for the company. Oppenheimer restated an "outperform" rating and set a $500.00 price target (down from $560.00) on shares of AppLovin in a research report on Thursday, May 8th. Finally, UBS Group upped their price target on shares of AppLovin from $450.00 to $475.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $438.43.

AppLovin Price Performance

NASDAQ:APP traded up $3.36 during midday trading on Friday, hitting $345.00. The company had a trading volume of 3,155,375 shares, compared to its average volume of 6,210,144. The stock's fifty day moving average price is $352.35 and its 200-day moving average price is $334.14. AppLovin has a 52-week low of $60.67 and a 52-week high of $525.15. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 6.10. The company has a market capitalization of $116.74 billion, a PE ratio of 62.27, a P/E/G ratio of 2.04 and a beta of 2.42.

Insiders Place Their Bets

In other AppLovin news, CTO Vasily Shikin sold 34,766 shares of the firm's stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $353.64, for a total value of $12,294,648.24. Following the completion of the sale, the chief technology officer directly owned 70,889 shares in the company, valued at $25,069,185.96. This trade represents a 32.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Dawson Alyssa Harvey sold 513 shares of AppLovin stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $420.30, for a total transaction of $215,613.90. Following the transaction, the director owned 3,451 shares of the company's stock, valued at $1,450,455.30. The trade was a 12.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,212,968 shares of company stock valued at $455,062,980 over the last ninety days. 13.66% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AppLovin

A number of hedge funds have recently added to or reduced their stakes in the company. HighPoint Advisor Group LLC grew its position in AppLovin by 1.7% in the 4th quarter. HighPoint Advisor Group LLC now owns 1,822 shares of the company's stock worth $590,000 after purchasing an additional 31 shares during the period. Quadrant Capital Group LLC boosted its holdings in AppLovin by 6.7% in the 4th quarter. Quadrant Capital Group LLC now owns 526 shares of the company's stock worth $170,000 after buying an additional 33 shares during the period. Forum Financial Management LP boosted its holdings in AppLovin by 0.9% in the 4th quarter. Forum Financial Management LP now owns 3,776 shares of the company's stock worth $1,223,000 after buying an additional 33 shares during the period. Vestcor Inc boosted its holdings in AppLovin by 0.8% in the 1st quarter. Vestcor Inc now owns 4,108 shares of the company's stock worth $1,088,000 after buying an additional 33 shares during the period. Finally, GSG Advisors LLC boosted its holdings in AppLovin by 0.3% in the 1st quarter. GSG Advisors LLC now owns 10,256 shares of the company's stock worth $2,820,000 after buying an additional 35 shares during the period. 41.85% of the stock is currently owned by hedge funds and other institutional investors.

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.