AppLovin Stock Price, News & Analysis (NYSE:APP)

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AppLovin in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" APP shares.
View APP analyst ratings or view top-rated stocks.

16 Wall Street research analysts have issued 12 month price objectives for AppLovin's stock. Their APP share price targets range from $16.00 to $58.50. On average, they expect the company's stock price to reach $44.00 in the next twelve months. This suggests a possible upside of 14.6% from the stock's current price.
View analysts price targets for APP or view top-rated stocks among Wall Street analysts.

AppLovin's stock was trading at $10.53 at the beginning of the year. Since then, APP shares have increased by 264.7% and is now trading at $38.40.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our APP earnings forecast.

AppLovin Co. (NYSE:APP) issued its quarterly earnings results on Wednesday, August, 9th. The company reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.14. The business had revenue of $750.17 million for the quarter, compared to analyst estimates of $724.41 million. AppLovin had a net margin of 3.46% and a trailing twelve-month return on equity of 11.48%. The firm's quarterly revenue was down 3.4% on a year-over-year basis. During the same period last year, the business earned ($0.06) earnings per share.

ETFs with the largest weight of AppLovin (NYSE:APP) stock in their portfolio include Global X Video Games & Esports ETF (HERO), Pinnacle Focused Opportunities ETF (FCUS), Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG), Invesco Dorsey Wright Technology Momentum ETF (PTF), Roundhill Video Games ETF (NERD), ERShares Entrepreneurs ETF (ENTR), First Trust Cloud Computing ETF (SKYY) and SPDR FactSet Innovative Technology ETF (XITK).

(APP) raised $2 billion in an IPO on Thursday, April 15th 2021. The company issued 25,000,000 shares at a price of $75.00-$85.00 per share. Morgan Stanley, J.P. Morgan, KKR, BofA Securities, Citigroup, Credit Suisse and UBS Investment Bank acted as the underwriters for the IPO and Oppenheimer & Co., Stifel, Truist Securities, William Blair, LionTree, LUMA Securities, The Raine Group, Blaylock Van, LLC, Guzman & Company, R. Seelaus & Co., LLC and Roberts & Ryan were co-managers.

AppLovin's stock is owned by a variety of institutional and retail investors. Top institutional investors include SVB Wealth LLC (2.24%), Kohlberg Kravis Roberts & Co. L.P. (1.28%), Kensico Capital Management Corp (0.57%), Morgan Stanley (0.55%), Ameriprise Financial Inc. (0.40%) and Charles Schwab Investment Management Inc. (0.28%). Insiders that own company stock include Andrew Karam, Arash Adam Foroughi, Craig Scott Billings, Dawson Alyssa Harvey, Denali Holdings LP Kkr, Eduardo Vivas, Elena Arutunian, Herald Y Chen, John Krystynak, Katie Kihorany Jansen, Kkr Group Partnership LP, Pride Holdings Ltd Angel, Vasily Shikin and Victoria Valenzuela.
View institutional ownership trends.

Shares of APP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.