AppLovin (NASDAQ:APP) Stock Price Target Raised at BTIG Research

AppLovin (NASDAQ:APP) had its price objective hoisted by stock analysts at BTIG Research from $396.00 to $450.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. BTIG Research‘s price objective indicates a potential upside of 65.59% from the stock’s current price.

Other analysts have also recently issued research reports about the company. Benchmark decreased their target price on AppLovin from $500.00 to $440.00 and set a “buy” rating for the company in a report on Monday, August 17th. Raymond James Financial decreased their price objective on shares of AppLovin from $640.00 to $590.00 in a research note on Thursday, August 6th. Evercore reiterated an “outperform” rating and set a $510.00 price objective (down from $630.00) on shares of AppLovin in a research note on Tuesday, September 1st. Royal Bank Of Canada cut their target price on shares of AppLovin from $575.00 to $500.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 28th. Finally, Scotiabank restated a “sector outperform” rating and set a $515.00 target price (down from $775.00) on shares of AppLovin in a report on Thursday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $495.18.

AppLovin Price Performance

Shares of AppLovin stock opened at $271.75 on Thursday. The business’s fifty day moving average price is $290.82 and its 200 day moving average price is $411.84. AppLovin has a twelve month low of $225.19 and a twelve month high of $738.01. The company has a current ratio of 4.30, a quick ratio of 4.30 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $90.94 billion, a P/E ratio of 20.89, a PEG ratio of 0.55 and a beta of 2.51.

AppLovin (NASDAQ:APP) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $4.30 EPS for the quarter, topping the consensus estimate of $4.03 by $0.27. The company had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.07 billion. AppLovin had a return on equity of 193.10% and a net margin of 64.58%. The firm’s revenue was up 55.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.45 earnings per share. As a group, research analysts anticipate that AppLovin will post 15.61 earnings per share for the current year.

Hedge Funds Weigh In On AppLovin

Institutional investors and hedge funds have recently made changes to their positions in the business. Signature Estate & Investment Advisors LLC boosted its stake in AppLovin by 3,695.3% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 76,361 shares of the company’s stock valued at $39,345,000 after acquiring an additional 74,349 shares during the last quarter. Insight Wealth Strategies LLC acquired a new stake in shares of AppLovin in the 2nd quarter valued at about $6,939,000. Generate Investment Management Ltd acquired a new stake in shares of AppLovin in the 2nd quarter valued at about $7,226,000. Saudi Central Bank lifted its position in shares of AppLovin by 88.7% during the second quarter. Saudi Central Bank now owns 16,070 shares of the company’s stock worth $8,280,000 after purchasing an additional 7,555 shares during the last quarter. Finally, Nykredit A S acquired a new position in AppLovin in the second quarter worth about $41,902,000. 41.85% of the stock is currently owned by hedge funds and other institutional investors.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported Q3 revenue of $2.18 billion, up 55.5% year over year, and earnings of $4.30 per share, beating analyst estimates. Net income rose 72% to about $1.44 billion. AppLovin Rallies After Earnings, Revenue Beat and Strong Guidance
• Positive Sentiment: Q4 revenue guidance of $2.365 billion to $2.395 billion is above analyst expectations, signaling continued momentum as the company rolls out its AI advertising model. AppLovin Forecasts Q4 Revenue as Model Rollout Continues
• Positive Sentiment: The company generated $1.4 billion in free cash flow and increased its share-repurchase authorization to $3.6 billion, adding a potential source of shareholder returns. AppLovin Q3 Earnings Call Highlights
• Negative Sentiment: Several law firms publicized a securities class action covering investors who bought shares between February 12 and August 5, 2026. The suit alleges misleading statements about AI model readiness and advertising tools; these are allegations, not findings. Kaplan Fox Alerts Investors to Class Action Deadline

About AppLovin

AppLovin Corporation is a technology company that provides software and services designed to help mobile application developers grow, monetize and operate their businesses. Its platform supports user acquisition, advertising, mediation, analytics and other functions across the mobile app ecosystem.

The company’s principal products include AppDiscovery, which helps developers market their applications and acquire users; MAX, an in-app bidding and monetization platform; and its AXON technology, an artificial intelligence-powered engine intended to improve advertising performance and match users with relevant applications and content.