AppLovin (NASDAQ:APP) Given New $515.00 Price Target at JPMorgan Chase & Co.

AppLovin (NASDAQ:APP) had its price target hoisted by JPMorgan Chase & Co. from $500.00 to $515.00 in a report released on Thursday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

A number of other brokerages have also recently weighed in on APP. Piper Sandler upped their price target on shares of AppLovin from $650.00 to $665.00 and gave the stock an “overweight” rating in a research report on Thursday. Evercore restated a “buy” rating on shares of AppLovin in a research note on Friday, January 30th. The Goldman Sachs Group lowered their target price on AppLovin from $710.00 to $585.00 and set a “neutral” rating for the company in a research note on Thursday, February 12th. Royal Bank Of Canada reiterated an “outperform” rating and set a $700.00 target price on shares of AppLovin in a report on Thursday, February 12th. Finally, Argus started coverage on shares of AppLovin in a research note on Tuesday, April 14th. They issued a “buy” rating and a $520.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $664.35.

AppLovin Trading Down 5.7%

Shares of NASDAQ:APP traded down $28.43 during trading on Thursday, reaching $470.44. 3,959,581 shares of the stock were exchanged, compared to its average volume of 5,600,541. The firm’s 50-day moving average price is $442.83 and its 200 day moving average price is $532.96. The firm has a market cap of $158.67 billion, a price-to-earnings ratio of 40.32, a price-to-earnings-growth ratio of 0.81 and a beta of 2.37. AppLovin has a 12-month low of $320.00 and a 12-month high of $745.61. The company has a debt-to-equity ratio of 1.65, a quick ratio of 3.32 and a current ratio of 3.32.

AppLovin (NASDAQ:APP) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $3.56 EPS for the quarter, beating the consensus estimate of $3.44 by $0.12. AppLovin had a net margin of 64.29% and a return on equity of 245.95%. The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same quarter last year, the firm posted $1.67 earnings per share. AppLovin’s revenue for the quarter was up 58.9% compared to the same quarter last year. On average, sell-side analysts anticipate that AppLovin will post 15.72 earnings per share for the current fiscal year.

Insider Activity

In other AppLovin news, CTO Vasily Shikin sold 62,804 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $486.43, for a total value of $30,549,749.72. Following the completion of the transaction, the chief technology officer owned 3,255,273 shares in the company, valued at approximately $1,583,462,445.39. This represents a 1.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Eduardo Vivas sold 163,910 shares of AppLovin stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $453.49, for a total value of $74,331,545.90. Following the sale, the director directly owned 6,969,382 shares in the company, valued at approximately $3,160,545,043.18. This trade represents a 2.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 365,244 shares of company stock valued at $169,584,607. 13.66% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of APP. Cassaday & Co Wealth Management LLC bought a new stake in shares of AppLovin during the 1st quarter worth about $25,000. Board of the Pension Protection Fund acquired a new position in shares of AppLovin during the 4th quarter valued at $27,000. Washington Trust Advisors Inc. lifted its holdings in shares of AppLovin by 160.0% in the fourth quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock valued at $27,000 after buying an additional 24 shares during the period. Mcguire Capital Advisors Inc. bought a new position in AppLovin during the fourth quarter valued at about $27,000. Finally, Chilton Capital Management LLC acquired a new position in AppLovin during the third quarter worth about $29,000. Institutional investors own 41.85% of the company’s stock.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Q1 results beat expectations with revenue of $1.84B (+59% YoY) and GAAP EPS of $3.56; management raised near?term guidance — this is the primary fundamental driver supporting the stock. AppLovin Announces First Quarter 2026 Financial Results
• Positive Sentiment: Company expects Q2 revenue of about $1.915B–$1.945B and ~84%–85% adjusted EBITDA margin as the Axon self?service product opens in June — a clear near?term catalyst for ad monetization and margin leverage. AppLovin expects Q2 2026 revenue of $1.915B-$1.945B with ~84%-85% adjusted
• Positive Sentiment: Multiple brokerages raised targets or reiterated bullish ratings (Needham reaffirmed buy with $700 PT; Wells Fargo and Wedbush also raised targets), reinforcing medium?term upside expectations. AppLovin (NASDAQ:APP) Receives “Buy” Rating from Needham & Company LLC
• Positive Sentiment: Technical commentary points to a bullish double?bottom/reversal after testing support — this can attract short?term technical buyers if volume confirms a breakout. AppLovin (APP) Price Forecast: Double Bottom Targets Breakout
• Neutral Sentiment: Despite the beat, trading has been choppy — headlines note the stock “slipped” and experienced volatile intraday reversals as investors digested results and guidance. AppLovin Stock Rises As AI Platform’s Earnings Report Triggers Volatile Trading
• Neutral Sentiment: Some upgrades (Zacks, others) may support near?term flows, but JPMorgan’s move to raise the target while keeping a “neutral” rating tempers outright bullishness. Benzinga coverage of analyst moves
• Negative Sentiment: A Seeking Alpha piece argued AppLovin’s growth story faces a “patience problem,” flagging timing risk around consumer/e?commerce scaling — this critique can weigh on investor sentiment for execution timelines. AppLovin: Growth Story Has A Patience Problem (Downgrade)
• Negative Sentiment: Broader ad?tech volatility: The Trade Desk posted a miss and dropped sharply, which has unsettled the sector and likely contributed to profit?taking in higher?beta ad names, including AppLovin. Trade Desk Tumbles 13%, AppLovin Holds Gains as Ad-Tech Q1 Earnings Split Wall Street

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.