Equities Analysts Offer Predictions for AppLovin Q2 Earnings

AppLovin Co. (NASDAQ:APP - Free Report) - Equities researchers at William Blair lifted their Q2 2025 EPS estimates for AppLovin in a research report issued on Wednesday, May 7th. William Blair analyst R. Schackart now expects that the company will post earnings of $2.14 per share for the quarter, up from their prior forecast of $1.46. The consensus estimate for AppLovin's current full-year earnings is $6.87 per share. William Blair also issued estimates for AppLovin's Q3 2025 earnings at $2.37 EPS, Q4 2025 earnings at $2.80 EPS, FY2025 earnings at $8.98 EPS, Q1 2026 earnings at $3.04 EPS, Q2 2026 earnings at $3.11 EPS, Q3 2026 earnings at $3.34 EPS, Q4 2026 earnings at $3.74 EPS and FY2026 earnings at $13.24 EPS.

AppLovin (NASDAQ:APP - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $1.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.45 by $0.22. The firm had revenue of $1.48 billion for the quarter, compared to analysts' expectations of $1.38 billion. AppLovin had a return on equity of 188.55% and a net margin of 33.54%. The company's revenue was up 40.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.67 earnings per share.

Other equities analysts also recently issued reports about the stock. Wells Fargo & Company boosted their target price on shares of AppLovin from $386.00 to $405.00 and gave the stock an "overweight" rating in a report on Thursday. Bank of America lifted their price target on shares of AppLovin from $375.00 to $580.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Needham & Company LLC restated a "hold" rating on shares of AppLovin in a research report on Monday, April 21st. Piper Sandler lifted their price target on shares of AppLovin from $425.00 to $455.00 and gave the company an "overweight" rating in a report on Thursday. Finally, Loop Capital restated a "buy" rating and set a $650.00 price target on shares of AppLovin in a report on Friday, March 28th. One analyst has rated the stock with a sell rating, three have given a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $433.85.

AppLovin Stock Up 5.9%

Shares of AppLovin stock traded up $19.36 during trading hours on Monday, reaching $347.90. 7,818,944 shares of the company's stock were exchanged, compared to its average volume of 6,004,252. The stock has a market cap of $118.27 billion, a P/E ratio of 76.63, a P/E/G ratio of 3.02 and a beta of 2.39. The company has a 50 day moving average of $276.15 and a two-hundred day moving average of $313.96. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 3.70. AppLovin has a fifty-two week low of $60.67 and a fifty-two week high of $525.15.

Institutional Trading of AppLovin

Several large investors have recently bought and sold shares of the stock. Oxinas Partners Wealth Management LLC acquired a new stake in AppLovin during the fourth quarter valued at $1,081,000. Barclays PLC boosted its stake in AppLovin by 92.5% during the third quarter. Barclays PLC now owns 318,992 shares of the company's stock worth $41,643,000 after buying an additional 153,248 shares during the period. Tcfg Wealth Management LLC acquired a new position in AppLovin during the fourth quarter worth $369,000. Caprock Group LLC boosted its stake in shares of AppLovin by 42.2% in the fourth quarter. Caprock Group LLC now owns 42,146 shares of the company's stock valued at $13,648,000 after purchasing an additional 12,500 shares during the period. Finally, Aaron Wealth Advisors LLC purchased a new stake in AppLovin during the 4th quarter worth about $382,000. Hedge funds and other institutional investors own 41.85% of the company's stock.

Insider Activity at AppLovin

In related news, CEO Arash Adam Foroughi sold 44,400 shares of the firm's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $410.89, for a total value of $18,243,516.00. Following the transaction, the chief executive officer now owns 2,869,492 shares of the company's stock, valued at $1,179,045,567.88. This trade represents a 1.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Herald Y. Chen sold 200,000 shares of the company's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $324.65, for a total transaction of $64,930,000.00. Following the completion of the sale, the director now directly owns 621,209 shares of the company's stock, valued at approximately $201,675,501.85. This trade represents a 24.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 306,900 shares of company stock valued at $106,401,841. 14.69% of the stock is owned by company insiders.

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.