Should I buy or sell AppLovin stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AppLovin in the last year. There are currently 1 sell rating, 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" APP shares. View APP analyst ratings or view top-rated stocks .

What is AppLovin's stock price target for 2024?

17 Wall Street research analysts have issued 1-year price targets for AppLovin's stock. Their APP share price targets range from $28.00 to $87.00. On average, they anticipate the company's stock price to reach $59.31 in the next year. This suggests that the stock has a possible downside of 18.1%. View analysts price targets for APP or view top-rated stocks among Wall Street analysts .

How have APP shares performed in 2024?

AppLovin's stock was trading at $39.85 at the start of the year. Since then, APP shares have increased by 81.8% and is now trading at $72.43. View the best growth stocks for 2024 here .

Are investors shorting AppLovin?

AppLovin saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 24,650,000 shares, an increase of 11.4% from the March 15th total of 22,120,000 shares. Based on an average trading volume of 4,340,000 shares, the short-interest ratio is currently 5.7 days. Currently, 15.3% of the company's stock are sold short. View AppLovin's Short Interest .

When is AppLovin's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our APP earnings forecast .

How can I listen to AppLovin's earnings call?

AppLovin will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were AppLovin's earnings last quarter?

AppLovin Co. (NASDAQ:APP) posted its earnings results on Wednesday, February, 14th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.35 by $0.14. The firm earned $953.26 million during the quarter, compared to analyst estimates of $928.66 million. AppLovin had a net margin of 10.84% and a trailing twelve-month return on equity of 24.69%. The company's revenue for the quarter was up 35.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.21) EPS.

What ETFs hold AppLovin's stock?

ETFs with the largest weight of AppLovin (NASDAQ:APP) stock in their portfolio include Adaptiv Select ETF (ADPV) , Renaissance IPO ETF (IPO) , Roundhill Video Games ETF (NERD) , Invesco Dorsey Wright Technology Momentum ETF (PTF) , Goldman Sachs Future Tech Leaders Equity ETF (GTEK) , Pacer BlueStar Digital Entertainment ETF (ODDS) , SPDR FactSet Innovative Technology ETF (XITK) and Affinity World Leaders Equity ETF (WLDR) .

What guidance has AppLovin issued on next quarter's earnings?

AppLovin updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $955.0 million-$975.0 million, compared to the consensus revenue estimate of $923.8 million.

When did AppLovin IPO?

AppLovin (APP) raised $2 billion in an IPO on Thursday, April 15th 2021. The company issued 25,000,000 shares at $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.

Who are AppLovin's major shareholders?

AppLovin's stock is owned by a variety of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.12%), IMC Chicago LLC (0.00%), Annex Advisory Services LLC (0.05%), Renaissance Capital LLC (0.04%), Wealth Enhancement Advisory Services LLC (0.02%) and FCF Advisors LLC (0.01%). 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, Matthew Stumpf, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:APP

AppLovin (APP) Stock Price, News & Analysis

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Free APP Stock Alerts

$72.26

+0.83 (+1.16%)

(As of 03:53 PM ET)

Compare

Today's Range: $70.45
▼
$73.29
50-Day Range: $45.83
▼
$78.24
52-Week Range: $15.41
▼
$79.55

Volume: 2.46 million shs
Average Volume: 4.16 million shs
Market Capitalization: $24.71 billion

P/E Ratio: 72.26
Dividend Yield: N/A
Price Target: $59.31

Get AppLovin alerts:

AppLovin MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.65 Rating Score
Upside/Downside: 18.1% Downside
$59.31 Price Target
Short Interest: Bearish
15.26% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.55
Based on 27 Articles This Week
Insider Trading: Selling Shares
$4.42 M Sold Last Quarter
Proj. Earnings Growth: 21.86%
From $2.47 to $3.01 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.75 out of 5 stars

Business Services Sector

227th out of 314 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

43rd out of 59 stocks

2.3

Analyst's Opinion

Consensus Rating
AppLovin has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on 12 buy ratings, 4 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
AppLovin has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
15.26% of the float of AppLovin has been sold short.
Short Interest Ratio / Days to Cover
AppLovin has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in AppLovin has recently increased by 11.44%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
AppLovin does not currently pay a dividend.
Dividend Growth
AppLovin does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for APP.

2.0

News and Social Media Coverage

News Sentiment
AppLovin has a news sentiment score of 0.55. 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 Week
MarketBeat has tracked 27 news articles for AppLovin this week, compared to 8 articles on an average week.
Search Interest
Only 44 people have searched for APP on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.
MarketBeat Follows
Only 28 people have added AppLovin to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 $4,416,815.00 in company stock.
Percentage Held by Insiders
12.43% 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 Institutions
41.85% of the stock of AppLovin is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for AppLovin are expected to grow by 21.86% in the coming year, from $2.47 to $3.01 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AppLovin is 72.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of AppLovin is 72.43, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 31.27.
Price to Earnings Growth Ratio
AppLovin has a PEG Ratio of 1.53. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
AppLovin has a P/B Ratio of 19.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About AppLovin Stock (NASDAQ:APP)

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. It also offers SparkLabs, which uses app store optimization to enhance ad visibility; AppLovin Exchange, which connects buyers to mobile and CTV devices through a single and direct RTB exchange; and Array, an end-to-end app management suite for mobile operators and end users. In addition, the company operates various free-to-play mobile games. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, indie studio developers, and internet platforms. AppLovin Corporation was incorporated in 2011 and is headquartered in Palo Alto, California.

APP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

APP Stock News Headlines

April 9, 2024 | insidertrades.com

Victoria Valenzuela Sells 50,000 Shares of AppLovin Co. (NASDAQ:APP) Stock

March 19, 2024 | insidertrades.com

AppLovin Co. (NASDAQ:APP) CFO Sells $175,657.50 in Stock

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April 16, 2024 | americanbankingnews.com

AppLovin (NASDAQ:APP) Receives New Coverage from Analysts at Daiwa Capital Markets

April 15, 2024 | msn.com

Daiwa Capital Initiates Coverage of AppLovin (APP) with Neutral Recommendation

April 15, 2024 | americanbankingnews.com

AppLovin Co. to Post Q2 2024 Earnings of $0.53 Per Share, Wedbush Forecasts (NASDAQ:APP)

April 13, 2024 | americanbankingnews.com

Wedbush Increases AppLovin (NASDAQ:APP) Price Target to $87.00

April 12, 2024 | benzinga.com

Market Whales and Their Recent Bets on APP Options

April 16, 2024 | Crypto Swap Profits (Ad)

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April 11, 2024 | markets.businessinsider.com

AppLovin (APP): New Buy Recommendation for This Technology Giant

April 11, 2024 | finance.yahoo.com

AppLovin and Dropbox have been highlighted as Zacks Bull and Bear of the Day

April 11, 2024 | businesswire.com

Backlight and Wurl Partner to Make Streaming Distribution More Seamless and Efficient

April 10, 2024 | benzinga.com

Latest News for AppLovin Stock (NASDAQ:APP)

April 10, 2024 | msn.com

2 Red-Hot AI Growth Stocks to Buy in 2024 and Beyond

April 10, 2024 | americanbankingnews.com

AppLovin (NASDAQ:APP) Price Target Raised to $87.00 at BTIG Research

April 10, 2024 | fool.com

2 Red-Hot AI Growth Stocks to Buy in 2024 and Beyond

April 9, 2024 | investorplace.com

Short-Selling Bonanza: 3 Overhyped Tech Stocks to Bet Against

April 9, 2024 | americanbankingnews.com

AppLovin (NASDAQ:APP) Price Target Raised to $85.00

April 8, 2024 | investors.com

AppLovin Stock Rises After Positive Showing At Mobile Apps Event

April 8, 2024 | seekingalpha.com

AppLovin: Why I'm Buying This Stock Now

April 8, 2024 | seekingalpha.com

AppLovin's Stock Is Still A Bargain

April 8, 2024 | seekingalpha.com

AppLovin's AI Tailwinds Are Still Not Getting The Love They Should

April 4, 2024 | benzinga.com

Decoding AppLovin's Options Activity: What's the Big Picture?

April 4, 2024 | investorplace.com

The 3 Best Tech Stocks to Buy in April 2024

April 4, 2024 | fool.com

Why AppLovin Stock Jumped 16% Last Month

April 4, 2024 | investorplace.com

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April 4, 2024 | seekingalpha.com

Magnite: Impact From The Disney Deal Is Not As Bad As It Sounds

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/16/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Current Symbol: NASDAQ:APP
Previous Symbol: NYSE:APP
CUSIP: N/A
CIK: 1751008
Web: www.applovin.com
Phone: 800-839-9646
Fax: N/A
Employees: 1,745
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $57.75
High Stock Price Target: $87.00
Low Stock Price Target: $28.00
Potential Upside/Downside: -19.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.65
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.00
Trailing P/E Ratio: 71.43
Forward P/E Ratio: 28.92
P/E Growth: 1.53
Net Income: $356.71 million
Net Margins: 10.84%
Pretax Margin: 11.59%
Return on Equity: 24.69%
Return on Assets: 6.54%

Debt

Debt-to-Equity Ratio: 2.31
Current Ratio: 1.71
Quick Ratio: 1.71

Sales & Book Value

Annual Sales: $2.63 billion
Price / Sales: 9.27
Cash Flow: $2.37 per share
Price / Cash Flow: 30.10
Book Value: $3.70 per share
Price / Book: 19.31

Miscellaneous

Outstanding Shares: 342,000,000
Free Float: 299,487,000
Market Cap: $24.43 billion
Optionable: Not Optionable
Beta: 1.90

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Key Executives

Mr. Adam Arash Foroughi (Age 43)
Co-Founder, CEO & Chairperson
Comp: $104.36k
Mr. Vasily Shikin (Age 38)
Chief Technology Officer
Comp: $412.48k
Ms. Victoria Valenzuela (Age 50)
Chief Legal Officer & Corporate Secretary
Comp: $412.29k
Ms. Katie Kihorany P. Jansen (Age 45)
Chief Marketing Officer
Comp: $409.96k
Mr. Herald Y. Chen (Age 54)
Advisor to the CEO & Director
Comp: $412.48k
Mr. Andrew Karam
Co-Founder & VP of New Initiatives
Mr. Matt Stumpf
Chief Financial Officer
Mr. Omer Hasan
Vice President of Operations
Dmitriy Dorosh
Vice President Controller & Principal Accounting Officer
David Hsiao
Head of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

APP Stock Analysis - Frequently Asked Questions

Should I buy or sell AppLovin stock right now?: 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AppLovin in the last year. There are currently 1 sell rating, 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" APP shares.
View APP analyst ratings or view top-rated stocks.
What is AppLovin's stock price target for 2024?: 17 Wall Street research analysts have issued 1-year price targets for AppLovin's stock. Their APP share price targets range from $28.00 to $87.00. On average, they anticipate the company's stock price to reach $59.31 in the next year. This suggests that the stock has a possible downside of 18.1%.
View analysts price targets for APP or view top-rated stocks among Wall Street analysts.
How have APP shares performed in 2024?: AppLovin's stock was trading at $39.85 at the start of the year. Since then, APP shares have increased by 81.8% and is now trading at $72.43.
View the best growth stocks for 2024 here.
Are investors shorting AppLovin?: AppLovin saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 24,650,000 shares, an increase of 11.4% from the March 15th total of 22,120,000 shares. Based on an average trading volume of 4,340,000 shares, the short-interest ratio is currently 5.7 days. Currently, 15.3% of the company's stock are sold short.
View AppLovin's Short Interest.
When is AppLovin's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our APP earnings forecast.
How can I listen to AppLovin's earnings call?: AppLovin will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were AppLovin's earnings last quarter?: AppLovin Co. (NASDAQ:APP) posted its earnings results on Wednesday, February, 14th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.35 by $0.14. The firm earned $953.26 million during the quarter, compared to analyst estimates of $928.66 million. AppLovin had a net margin of 10.84% and a trailing twelve-month return on equity of 24.69%. The company's revenue for the quarter was up 35.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.21) EPS.
What ETFs hold AppLovin's stock?: ETFs with the largest weight of AppLovin (NASDAQ:APP) stock in their portfolio include Adaptiv Select ETF (ADPV), Renaissance IPO ETF (IPO), Roundhill Video Games ETF (NERD), Invesco Dorsey Wright Technology Momentum ETF (PTF), Goldman Sachs Future Tech Leaders Equity ETF (GTEK), Pacer BlueStar Digital Entertainment ETF (ODDS), SPDR FactSet Innovative Technology ETF (XITK) and Affinity World Leaders Equity ETF (WLDR).
What guidance has AppLovin issued on next quarter's earnings?: AppLovin updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $955.0 million-$975.0 million, compared to the consensus revenue estimate of $923.8 million.
When did AppLovin IPO?: AppLovin (APP) raised $2 billion in an IPO on Thursday, April 15th 2021. The company issued 25,000,000 shares at $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.
Who are AppLovin's major shareholders?: AppLovin's stock is owned by a variety of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.12%), IMC Chicago LLC (0.00%), Annex Advisory Services LLC (0.05%), Renaissance Capital LLC (0.04%), Wealth Enhancement Advisory Services LLC (0.02%) and FCF Advisors LLC (0.01%). 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, Matthew Stumpf, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:APP) was last updated on 4/16/2024 by MarketBeat.com Staff

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AppLovin (APP) Stock Price, News & Analysis

AppLovin MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About AppLovin Stock (NASDAQ:APP)

APP Stock Price History

APP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

APP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™