AppLovin Corporation (NASDAQ:APP) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of AppLovin Corporation (NASDAQ:APP) have been assigned an average rating of “Moderate Buy” from the twenty-six research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and twenty-one have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $658.2727.

Several brokerages recently issued reports on APP. Wedbush increased their price objective on AppLovin from $745.00 to $800.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Needham & Company LLC reiterated a “hold” rating on shares of AppLovin in a report on Tuesday, August 26th. Oppenheimer set a $740.00 price target on shares of AppLovin in a research report on Tuesday, October 7th. Wall Street Zen downgraded shares of AppLovin from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Benchmark upped their price objective on shares of AppLovin from $640.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, November 6th.

Insider Activity at AppLovin

In other AppLovin news, CTO Vasily Shikin sold 30,000 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $437.57, for a total value of $13,127,100.00. Following the transaction, the chief technology officer owned 3,360,104 shares in the company, valued at $1,470,280,707.28. The trade was a 0.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Victoria Valenzuela sold 35,000 shares of the company’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $502.23, for a total value of $17,578,050.00. Following the completion of the transaction, the insider directly owned 269,955 shares in the company, valued at approximately $135,579,499.65. The trade was a 11.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 484,338 shares of company stock valued at $243,010,812. Insiders own 13.66% of the company’s stock.

Institutional Trading of AppLovin

Several large investors have recently made changes to their positions in APP. Hilltop National Bank bought a new stake in AppLovin during the second quarter worth approximately $26,000. LFA Lugano Financial Advisors SA acquired a new position in AppLovin in the 2nd quarter valued at $26,000. SouthState Corp bought a new position in AppLovin in the 1st quarter worth $29,000. Chilton Capital Management LLC bought a new position in AppLovin in the 3rd quarter worth $29,000. Finally, Activest Wealth Management lifted its position in AppLovin by 760.0% during the 3rd quarter. Activest Wealth Management now owns 43 shares of the company’s stock worth $31,000 after acquiring an additional 38 shares during the last quarter. Institutional investors own 41.85% of the company’s stock.

AppLovin Trading Up 0.3%

NASDAQ APP opened at $557.70 on Friday. AppLovin has a twelve month low of $200.50 and a twelve month high of $745.61. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.25 and a current ratio of 3.25. The stock has a market cap of $188.47 billion, a price-to-earnings ratio of 67.68, a PEG ratio of 2.98 and a beta of 2.50. The firm’s 50 day moving average price is $615.01 and its two-hundred day moving average price is $461.69.

AppLovin (NASDAQ:APP) last released its earnings results on Wednesday, November 5th. The company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.34 by $0.11. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The company’s revenue for the quarter was up 68.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.29 earnings per share. AppLovin has set its Q4 2025 guidance at EPS. Equities analysts anticipate that AppLovin will post 6.87 EPS for the current year.

AppLovin Company Profile

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.