Equities Analysts Offer Predictions for AppLovin Q2 Earnings

AppLovin Corporation (NASDAQ:APP) – Equities researchers at Wedbush issued their Q2 2025 earnings estimates for AppLovin in a research note issued on Monday, July 28th. Wedbush analyst A. Reese expects that the company will post earnings per share of $2.09 for the quarter. Wedbush currently has a “Strong-Buy” rating on the stock. The consensus estimate for AppLovin’s current full-year earnings is $6.87 per share. Wedbush also issued estimates for AppLovin’s FY2025 earnings at $8.39 EPS.

Several other brokerages have also issued reports on APP. BTIG Research increased their target price on shares of AppLovin from $480.00 to $483.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. The Goldman Sachs Group raised their price objective on shares of AppLovin from $335.00 to $435.00 and gave the stock a “neutral” rating in a report on Friday, May 9th. Piper Sandler restated an “overweight” rating and issued a $470.00 price objective (up from $455.00) on shares of AppLovin in a research report on Thursday, June 26th. Wall Street Zen upgraded shares of AppLovin from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of AppLovin from $355.00 to $400.00 and gave the stock a “neutral” rating in a report on Tuesday, June 3rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, seventeen have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $447.57.

AppLovin Price Performance

Shares of AppLovin stock opened at $361.63 on Wednesday. AppLovin has a twelve month low of $60.67 and a twelve month high of $525.15. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 6.10. The company has a 50-day simple moving average of $362.07 and a two-hundred day simple moving average of $336.42. The stock has a market capitalization of $122.37 billion, a price-to-earnings ratio of 65.28, a price-to-earnings-growth ratio of 2.21 and a beta of 2.42.

AppLovin (NASDAQ:APP) last released its earnings results on Wednesday, May 7th. The company reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.45 by $0.22. The business had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.38 billion. AppLovin had a net margin of 37.38% and a return on equity of 224.65%. The firm’s revenue for the quarter was up 40.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.67 earnings per share.

Insider Transactions at AppLovin

In other AppLovin news, CTO Vasily Shikin sold 34,766 shares of the company’s stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $353.64, for a total transaction of $12,294,648.24. Following the sale, the chief technology officer owned 70,889 shares in the company, valued at $25,069,185.96. This represents a 32.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Herald Y. Chen sold 400,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $374.61, for a total value of $149,844,000.00. Following the sale, the director owned 221,209 shares in the company, valued at $82,867,103.49. The trade was a 64.39% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,212,968 shares of company stock worth $455,062,980 over the last ninety days. 13.66% of the stock is owned by insiders.

Hedge Funds Weigh In On AppLovin

Several institutional investors have recently made changes to their positions in the stock. Hilltop National Bank bought a new position in AppLovin during the 2nd quarter valued at $26,000. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of AppLovin during the 4th quarter valued at $25,000. Atala Financial Inc acquired a new stake in shares of AppLovin during the 1st quarter valued at $26,000. Hoey Investments Inc. purchased a new stake in shares of AppLovin in the second quarter valued at $35,000. Finally, Trust Co. of Vermont purchased a new stake in shares of AppLovin in the second quarter valued at $35,000. 41.85% of the stock is owned by institutional investors.

About AppLovin

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.