NYSE:APP AppLovin (APP) Stock Forecast, Price & News $21.54 -1.77 (-7.59%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$21.04▼$23.7050-Day Range$14.98▼$25.6052-Week Range$9.14▼$44.76Volume6.35 million shsAverage Volume3.04 million shsMarket Capitalization$7.85 billionP/E RatioN/ADividend YieldN/APrice Target$24.94 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media AppLovin MarketRank™ ForecastAnalyst RatingModerate Buy2.53 Rating ScoreUpside/Downside15.8% Upside$24.94 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.56Based on 6 Articles This WeekInsider TradingSelling Shares$683.28 M Sold Last QuarterProj. Earnings Growth71.43%From $0.35 to $0.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.91 out of 5 starsBusiness Services Sector285th out of 324 stocksComputer Programming, Data Processing, & Other Computer Related Industry49th out of 60 stocks 2.3 Analyst's Opinion Consensus RatingAppLovin has received a consensus rating of Buy. The company's average rating score is 2.53, and is based on 10 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.94, AppLovin has a forecasted upside of 15.8% from its current price of $21.53.Amount of Analyst CoverageAppLovin has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for APP. Previous Next 0.0 Dividend Strength Dividend YieldAppLovin does not currently pay a dividend.Dividend GrowthAppLovin does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for APP. Previous Next 3.1 News and Social Media Coverage News SentimentAppLovin has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for AppLovin this week, compared to 5 articles on an average week.Search Interest34 people have searched for APP on MarketBeat in the last 30 days. This is an increase of 580% compared to the previous 30 days.MarketBeat Follows12 people have added AppLovin to their MarketBeat watchlist in the last 30 days. This is an increase of 1,100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AppLovin insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $683,276,303.00 in company stock.Percentage Held by Insiders12.43% of the stock of AppLovin is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 38.19% of the stock of AppLovin is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for AppLovin are expected to grow by 71.43% in the coming year, from $0.35 to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AppLovin is -97.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of AppLovin is -97.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioAppLovin has a PEG Ratio of 3.68. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAppLovin has a P/B Ratio of 4.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About AppLovin (NYSE:APP) StockAppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; and MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction. Its business clients include various advertisers, publishers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.Read More Receive APP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AppLovin and its competitors with MarketBeat's FREE daily newsletter. Email Address APP Stock News HeadlinesMay 15, 2023 | marketbeat.comThe Bottom Is In For AppLovin; Reversal Is Next AppLovin is at the bottom following a year of massive declines; the analysts' sentiment is improving and could drive a reversal in 2023.June 7, 2023 | benzinga.comThis Is What Whales Are Betting On AppLovinJune 7, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.June 6, 2023 | markets.businessinsider.comAppLovin (APP) Gets a Buy from Stifel NicolausJune 2, 2023 | americanbankingnews.comAppLovin Co. (NYSE:APP) Receives $24.19 Consensus PT from AnalystsJune 1, 2023 | finance.yahoo.comAppLovin Announces GQG Purchase of 15 Million Shares of Class A Common Stock from KKRMay 30, 2023 | finance.yahoo.comAppLovin Array Extends Global Partnership with OPPO to Deliver Best-in-Class Mobile App Recommendations For UsersMay 30, 2023 | markets.businessinsider.comStifel Nicolaus Remains a Buy on AppLovin (APP)June 7, 2023 | Legacy Research (Affiliate) (Ad)From -60% Account to Doubling His Money?After helping his readers double their money 13 TIMES in the last year alone… There’s ONE person trader Jeff Clark has NOT been able to help! His 23-year-old son, Grant.May 27, 2023 | msn.comUnusual Call Option Trade in Applovin Corp - (APP) Worth $317.03KMay 25, 2023 | americanbankingnews.comKatie Kihorany Jansen Sells 52,193 Shares of AppLovin Co. (NYSE:APP) StockMay 22, 2023 | americanbankingnews.comInsider Selling: AppLovin Co. (NYSE:APP) Major Shareholder Sells $335,000,001.00 in StockMay 21, 2023 | americanbankingnews.comAppLovin Co. Forecasted to Earn Q3 2024 Earnings of $0.05 Per Share (NYSE:APP)May 18, 2023 | msn.comWhere AppLovin Stands With AnalystsMay 18, 2023 | americanbankingnews.comInsider Selling: AppLovin Co. (NYSE:APP) Insider Sells $1,095,500.00 in StockMay 17, 2023 | theglobeandmail.comWhy AppLovin (APP) Stock Is Up TodayMay 17, 2023 | msn.comAppLovin stock roars as analyst sees an edge from AI in struggling mobile-ad marketMay 17, 2023 | za.investing.comAppLovin shares climb, following upgrade at BofAMay 17, 2023 | msn.comB of A Securities Upgrades Applovin Corp - (APP)May 17, 2023 | msn.comAppLovin rises after Bank of America upgrades on expected 2023 revenue growthMay 17, 2023 | finance.yahoo.comApplovin Stock Gets an Upgrade. Thank Its New Machine-Learning Engine.May 17, 2023 | americanbankingnews.comAppLovin (NYSE:APP) Upgraded at Bank of AmericaMay 16, 2023 | americanbankingnews.comAppLovin (NYSE:APP) Price Target Raised to $25.00 at Truist FinancialMay 16, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for AppLovin Co. Raised by William Blair (NYSE:APP)May 16, 2023 | americanbankingnews.comAppLovin Co. to Post Q2 2023 Earnings of $0.03 Per Share, Wedbush Forecasts (NYSE:APP)May 15, 2023 | msn.comUnusual Call Option Trade in Applovin Corp - (APP) Worth $375.00KMay 15, 2023 | msn.comThe Bottom Is In For AppLovin; Reversal Is NextSee More Headlines APP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart APP Company Calendar Last Earnings5/10/2023Today6/07/2023Next Earnings (Estimated)8/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:APP CUSIPN/A CIK1751008 Webwww.applovin.com Phone800-839-9646FaxN/AEmployees1,707Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.94 High Stock Price Forecast$47.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+15.8%Consensus RatingModerate Buy Rating Score (0-4)2.53 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)($0.22) Trailing P/E RatioN/A Forward P/E Ratio61.53 P/E Growth3.68Net Income$-192,750,000.00 Net Margins-2.82% Pretax Margin-1.74% Return on Equity-0.15% Return on Assets-0.05% Debt Debt-to-Equity Ratio1.68 Current Ratio3.31 Quick Ratio3.31 Sales & Book Value Annual Sales$2.82 billion Price / Sales2.79 Cash Flow$1.41 per share Price / Cash Flow15.26 Book Value$5.09 per share Price / Book4.23Miscellaneous Outstanding Shares364,480,000Free Float319,173,000Market Cap$7.85 billion OptionableNot Optionable Beta1.95 Key ExecutivesMr. Adam Arash Foroughi (Age 42)Co-Founder, CEO & Chairperson Comp: $104.35kMr. Herald Y. Chen (Age 53)Pres, CFO, Principal Accounting Officer & Director Comp: $411.29kMr. Vasily Shikin (Age 37)Chief Technology Officer Comp: $411.95kMs. Victoria Valenzuela (Age 49)Chief Legal Officer & Corp. Sec. Comp: $1.31MMs. Katie Kihorany P. Jansen (Age 44)Chief Marketing Officer Comp: $411.95kMr. Andrew KaramCo-Founder & VP of New InitiativesMr. Omer HasanVP of OperationsMr. Ryan GeeHead of Investor Relations & Strategic Fin.Mr. Jordan SatokVP of Corp. Devel.Ms. Christina SeafortChief People OfficerMore ExecutivesKey CompetitorsIntegral Ad ScienceNASDAQ:IASChindata GroupNASDAQ:CDFactSet Research SystemsNYSE:FDSClean HarborsNYSE:CLHMorningstarNASDAQ:MORNView All CompetitorsInsiders & InstitutionsEP Wealth Advisors LLCBought 13,305 shares on 6/5/2023Ownership: 0.004%Denali Holdings L.P. KkrSold 15,000,000 sharesTotal: $345 M ($23.00/share)Prelude Capital Management LLCBought 11,981 shares on 6/1/2023Ownership: 0.003%Katie Kihorany JansenSold 52,193 sharesTotal: $1.31 M ($25.04/share)Toroso Investments LLCBought 761 shares on 5/23/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions APP Stock - Frequently Asked Questions Should I buy or sell AppLovin stock right now? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AppLovin in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" APP shares. View APP analyst ratings or view top-rated stocks. What is AppLovin's stock price forecast for 2023? 17 brokerages have issued 1 year price targets for AppLovin's stock. Their APP share price forecasts range from $14.00 to $47.00. On average, they predict the company's share price to reach $24.94 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price. View analysts price targets for APP or view top-rated stocks among Wall Street analysts. How have APP shares performed in 2023? AppLovin's stock was trading at $10.53 on January 1st, 2023. Since then, APP shares have increased by 104.5% and is now trading at $21.5350. View the best growth stocks for 2023 here. When is AppLovin's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023. View our APP earnings forecast. How were AppLovin's earnings last quarter? AppLovin Co. (NYSE:APP) posted its earnings results on Wednesday, May, 10th. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.06. The business had revenue of $715.41 million for the quarter, compared to the consensus estimate of $693.58 million. AppLovin had a negative net margin of 2.82% and a negative trailing twelve-month return on equity of 0.15%. What ETFs hold AppLovin's stock? ETFs with the largest weight of AppLovin (NYSE:APP) stock in their portfolio include First Trust Cloud Computing ETF (SKYY), Roundhill Video Games ETF (NERD), Global X Video Games & Esports ETF (HERO), ProShares Ultra Nasdaq Cloud Computing ETF (SKYU), SPDR FactSet Innovative Technology ETF (XITK), ERShares Entrepreneurs ETF (ENTR), Renaissance IPO ETF (IPO) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). What guidance has AppLovin issued on next quarter's earnings? AppLovin updated its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $710.00 million-$730.00 million, compared to the consensus revenue estimate of $696.80 million. When did AppLovin IPO? (APP) raised $2 billion in an initial public offering 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 served 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. What is AppLovin's stock symbol? AppLovin trades on the New York Stock Exchange (NYSE) under the ticker symbol "APP." Who are AppLovin's major shareholders? AppLovin's stock is owned by many different institutional and retail investors. Top institutional investors include SVB Wealth LLC (3.67%), BlackRock Inc. (2.16%), First Trust Advisors LP (1.07%), State Street Corp (0.81%), AQR Capital Management LLC (0.76%) and Geode Capital Management LLC (0.60%). Insiders that own company stock include Andrew Karam, Arash Adam Foroughi, Craig Scott Billings, 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. How do I buy shares of AppLovin? 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. What is AppLovin's stock price today? One share of APP stock can currently be purchased for approximately $21.54. How much money does AppLovin make? AppLovin (NYSE:APP) has a market capitalization of $7.85 billion and generates $2.82 billion in revenue each year. The company earns $-192,750,000.00 in net income (profit) each year or ($0.22) on an earnings per share basis. How many employees does AppLovin have? The company employs 1,707 workers across the globe. How can I contact AppLovin? AppLovin's mailing address is 1100 PAGE MILL ROAD, PALO ALTO CA, 94304. The official website for the company is www.applovin.com. The company can be reached via phone at 800-839-9646 or via email at ir@applovin.com. This page (NYSE:APP) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AppLovin Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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