AppLovin (APP) Projected to Post Earnings on Tuesday

AppLovin (NASDAQ:APP) is expected to be announcing its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect the company to announce earnings of $3.76 per share and revenue of $1.9419 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Wednesday, May 6th. The company reported $3.56 earnings per share 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 219.37%. The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same quarter in the prior year, the business earned $1.67 EPS. The company’s revenue for the quarter was up 58.9% compared to the same quarter last year. On average, analysts expect AppLovin to post $16 EPS for the current fiscal year and $21 EPS for the next fiscal year.

AppLovin Stock Down 2.0%

APP stock opened at $395.90 on Friday. The company has a 50 day moving average of $491.19 and a two-hundred day moving average of $472.27. The company has a market cap of $133.00 billion, a price-to-earnings ratio of 34.01, a PEG ratio of 0.65 and a beta of 2.49. AppLovin has a 12-month low of $359.00 and a 12-month high of $745.61. The company has a quick ratio of 3.24, a current ratio of 3.24 and a debt-to-equity ratio of 1.49.

Insiders Place Their Bets

In related news, Director Eduardo Vivas sold 163,910 shares of AppLovin stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $504.06, for a total value of $82,620,474.60. Following the completion of the sale, the director owned 6,785,087 shares of the company’s stock, valued at approximately $3,420,090,953.22. The trade was a 2.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Maynard G. Webb, Jr. sold 3,076 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $521.29, for a total transaction of $1,603,488.04. Following the completion of the sale, the director owned 120,444 shares of the company’s stock, valued at $62,786,252.76. This represents a 2.49% decrease in their ownership of the stock. 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 corporate insiders.

Institutional Trading of AppLovin

Institutional investors and hedge funds have recently modified their holdings of the company. Mcguire Capital Advisors Inc. acquired a new position in AppLovin in the 4th quarter valued at $27,000. Swiss RE Ltd. bought a new stake in AppLovin during the fourth quarter valued at about $40,000. Rossby Financial LCC boosted its holdings in AppLovin by 6,900.0% during the fourth quarter. Rossby Financial LCC now owns 70 shares of the company’s stock valued at $47,000 after acquiring an additional 69 shares during the period. Caitong International Asset Management Co. Ltd grew its position in shares of AppLovin by 347.1% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 76 shares of the company’s stock valued at $51,000 after purchasing an additional 59 shares during the last quarter. Finally, Strive Asset Management LLC bought a new position in shares of AppLovin in the third quarter worth about $61,000. 41.85% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $700.00 price target on shares of AppLovin in a research note on Thursday, May 28th. Piper Sandler restated an “overweight” rating on shares of AppLovin in a research note on Tuesday, July 7th. Wedbush reaffirmed an “outperform” rating and issued a $640.00 target price on shares of AppLovin in a research report on Thursday, May 7th. JPMorgan Chase & Co. raised their price target on AppLovin from $500.00 to $515.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Finally, BTIG Research reaffirmed a “buy” rating and set a $640.00 price target on shares of AppLovin in a research note on Thursday, May 7th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $668.45.

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.