Royal Bank Of Canada Lowers AppLovin (NASDAQ:APP) Price Target to $575.00

AppLovin (NASDAQ:APP) had its price objective cut by investment analysts at Royal Bank Of Canada from $700.00 to $575.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 65.80% from the company’s previous close.

Several other analysts also recently weighed in on APP. JPMorgan Chase & Co. lifted their price objective on AppLovin from $500.00 to $515.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Morgan Stanley reiterated an “overweight” rating on shares of AppLovin in a report on Wednesday, May 27th. Argus started coverage on shares of AppLovin in a research report on Tuesday, April 14th. They set a “buy” rating and a $520.00 target price on the stock. Piper Sandler lowered shares of AppLovin from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $665.00 to $385.00 in a report on Thursday. Finally, BTIG Research dropped their price objective on shares of AppLovin from $640.00 to $574.00 and set a “buy” rating on the stock in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $574.82.

AppLovin Trading Up 3.3%

Shares of NASDAQ APP opened at $346.80 on Thursday. AppLovin has a fifty-two week low of $332.19 and a fifty-two week high of $745.61. The company has a debt-to-equity ratio of 1.11, a quick ratio of 3.24 and a current ratio of 4.30. The company has a market cap of $116.50 billion, a price-to-earnings ratio of 26.66, a PEG ratio of 0.55 and a beta of 2.54. The business’s 50 day moving average price is $474.18 and its 200-day moving average price is $463.92.

AppLovin (NASDAQ:APP) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, meeting the consensus estimate of $3.76. The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.94 billion. AppLovin had a return on equity of 193.10% and a net margin of 64.58%.AppLovin’s quarterly revenue was up 52.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.39 EPS. On average, sell-side analysts expect that AppLovin will post 15.87 earnings per share for the current year.

Insider Activity at AppLovin

In related news, insider Victoria Valenzuela sold 20,000 shares of the company’s stock in a transaction 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 transaction, the insider directly owned 243,961 shares of the company’s stock, valued at $138,055,090.29. This represents a 7.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Maynard G. Webb, Jr. sold 3,076 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $521.29, for a total value of $1,603,488.04. Following the completion of the transaction, the director owned 120,444 shares of the company’s stock, valued at $62,786,252.76. This trade represents a 2.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 393,000 shares of company stock worth $197,297,363 in the last 90 days. 12.81% of the stock is owned by insiders.

Institutional Investors Weigh In On AppLovin

A number of institutional investors and hedge funds have recently modified their holdings of the company. Verdence Capital Advisors LLC lifted its stake in shares of AppLovin by 5.7% during the fourth quarter. Verdence Capital Advisors LLC now owns 333 shares of the company’s stock valued at $224,000 after buying an additional 18 shares during the period. Finivi Inc. grew its stake in AppLovin by 3.2% in the 4th quarter. Finivi Inc. now owns 711 shares of the company’s stock worth $479,000 after acquiring an additional 22 shares during the period. Revolve Wealth Partners LLC raised its holdings in AppLovin by 2.8% in the 2nd quarter. Revolve Wealth Partners LLC now owns 851 shares of the company’s stock valued at $438,000 after acquiring an additional 23 shares during the last quarter. Rehmann Capital Advisory Group lifted its stake in shares of AppLovin by 2.2% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,115 shares of the company’s stock worth $828,000 after purchasing an additional 24 shares during the period. Finally, Alta Wealth Advisors LLC lifted its stake in shares of AppLovin by 0.6% during the 4th quarter. Alta Wealth Advisors LLC now owns 3,925 shares of the company’s stock worth $2,645,000 after purchasing an additional 24 shares during the period. Institutional investors and hedge funds own 41.85% of the company’s stock.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported second-quarter revenue of $1.92 billion, up 52.8% year over year, while earnings of $3.76 per share were in line with consensus. Strong consumer-vertical momentum and a robust third-quarter outlook support the company’s growth narrative. AppLovin Q2 2026 earnings call highlights
• Positive Sentiment: Management said recent AI model improvements were affected by timing, while live gains and broader consumer adoption could drive stronger growth in the third quarter. The expansion of AXON Ads into self-serve advertising and new verticals such as fintech and connected TV could increase AppLovin’s addressable market. APP Q2 earnings call highlights
• Positive Sentiment: Citigroup lowered its price target from $710 to $650 but maintained a “buy” rating. Morgan Stanley also kept an “overweight” rating with a $650 target, indicating analysts still see substantial upside after the selloff.
• Positive Sentiment: AppLovin’s chief financial officer said the SEC investigation involving the company has been closed, removing a potentially significant regulatory overhang. SEC probe closure report

AppLovin Company Profile

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.

Key components of AppLovin’s offering include an ad mediation and exchange platform that enables publishers to manage and monetize inventory across multiple demand sources, and a user-acquisition platform that helps advertisers target and scale campaigns.