Analysts Set AppLovin Corporation (NASDAQ:APP) Price Target at $565.91

20 Aug 2026, 07:28 by Kim Johansen · The Markets Daily

AppLovin Corporation (NASDAQ:APP – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twenty-four ratings firms that are presently covering the company, Marketbeat reports. Eight equities research analysts have rated the stock with a hold recommendation, thirteen have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $556.4348.

A number of brokerages recently weighed in on APP. Raymond James Financial began coverage on shares of AppLovin in a research report on Monday, June 29th. They set a “strong-buy” rating and a $640.00 target price for the company. BTIG Research reduced their price target on shares of AppLovin from $574.00 to $408.00 and set a “buy” rating on the stock in a report on Wednesday, August 12th. UBS Group decreased their price target on shares of AppLovin from $798.00 to $790.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Citigroup dropped their price objective on shares of AppLovin from $710.00 to $650.00 and set a “buy” rating for the company in a report on Friday, August 7th. Finally, Piper Sandler lowered AppLovin from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $665.00 to $385.00 in a research report on Thursday, August 6th.

View Our Latest Analysis on APP

AppLovin Trading Up 1.1%

Shares of APP stock opened at $310.79 on Monday. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.30 and a quick ratio of 4.30. The company has a market cap of $104.01 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 0.62 and a beta of 2.54. AppLovin has a 1 year low of $303.17 and a 1 year high of $745.61. The firm has a fifty day moving average price of $434.90 and a 200-day moving average price of $450.39.

AppLovin (NASDAQ:APP – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $3.76 earnings per share for the quarter, meeting analysts’ consensus estimates of $3.76. AppLovin had a return on equity of 193.10% and a net margin of 64.58%.The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the previous year, the firm earned $2.39 EPS. The business’s quarterly revenue was up 52.8% on a year-over-year basis. As a group, equities analysts predict that AppLovin will post 15.57 earnings per share for the current year.

Insider Buying and Selling

In other AppLovin news, insider Victoria Valenzuela sold 20,000 shares of AppLovin stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $565.89, for a total value of $11,317,800.00. Following the sale, the insider owned 243,961 shares of the company’s stock, valued at $138,055,090.29. The trade was a 7.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Eduardo Vivas sold 163,910 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $504.06, for a total value of $82,620,474.60. Following the sale, the director directly owned 6,785,087 shares in the company, valued at $3,420,090,953.22. This trade represents a 2.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 393,000 shares of company stock valued at $197,297,363 in the last ninety days. Company insiders own 12.81% of the company’s stock.

Institutional Investors Weigh In On AppLovin

Several large investors have recently bought and sold shares of APP. Cassaday & Co Wealth Management LLC bought a new position in AppLovin during the first quarter valued at $25,000. Washington Trust Advisors Inc. increased its holdings in shares of AppLovin by 160.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock worth $27,000 after buying an additional 24 shares during the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in shares of AppLovin during the 4th quarter valued at about $27,000. Pioneer Family Office LLC purchased a new stake in shares of AppLovin during the 2nd quarter valued at about $31,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of AppLovin during the 4th quarter valued at about $32,000. Institutional investors own 41.85% of the company’s stock.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

Positive Sentiment: One bullish analysis argues that AppLovin could recover in the second half of 2026 as AXON 2.0 becomes generally available through its self-service platform and the company expands e-commerce onboarding. Its potential moves into e-commerce and connected TV could substantially increase its addressable market, supporting a $537 valuation target despite weaker-than-expected second-quarter revenue and EBITDA. AppLovin: Here’s How I See 3 Catalysts That Could Drive Valuation Re-Rating
Positive Sentiment: AppLovin continues to stand out for its high profitability and rapid growth, with roughly a 60% net margin and strong year-over-year revenue expansion. These fundamentals remain a potential counterweight to concerns about the stock’s premium valuation. AppLovin vs. Kratos Defense
Neutral Sentiment: Compared with CoreWeave, AppLovin has recently generated lower absolute quarterly revenue and slower sequential growth, although both companies have posted consistent year-over-year increases. AppLovin vs. CoreWeave
Neutral Sentiment: Comparisons with SK Hynix highlight AppLovin’s much higher valuation multiple, while SK Hynix carries greater debt and regulatory exposure. SK Hynix vs. AppLovin
Negative Sentiment: Wells Fargo lowered its AppLovin price target from $357 to $325 and assigned an “equal weight” rating, signaling limited near-term upside and contributing to the stock’s decline. Wells Fargo price-target report
Negative Sentiment: Benchmark issued a pessimistic forecast, while separate reports attributed additional weakness to analyst downgrades. The broader concern is that AppLovin’s premium valuation leaves little room for execution or quarterly guidance misses. Benchmark Issues Pessimistic Forecast

About AppLovin

(Get Free Report)

AppLovin Corporation is a Palo Alto–based mobile technology company that provides software and services to help app developers grow and monetize their businesses. The company operates a data-driven advertising and marketing platform that connects app publishers and advertisers, delivering tools for user acquisition, monetization, analytics and creative optimization. AppLovin’s technology is integrated into a broad set of mobile applications through software development kits (SDKs) and ad products designed to maximize revenue and engagement for developers.