BTIG Research Lowers AppLovin (NASDAQ:APP) Price Target to $574.00

AppLovin (NASDAQ:APP) had its price target decreased by equities researchers at BTIG Research from $640.00 to $574.00 in a report issued on Thursday, MarketBeat.com reports. The firm currently has a “buy” rating on the stock. BTIG Research’s price objective suggests a potential upside of 37.39% from the stock’s current price.

APP has been the subject of several other reports. Benchmark reissued a “buy” rating on shares of AppLovin in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $660.00 price target on shares of AppLovin in a research note on Thursday, May 7th. UBS Group lifted their price objective on shares of AppLovin from $750.00 to $798.00 and gave the company a “buy” rating in a research note on Monday. Bank of America reduced their price target on shares of AppLovin from $705.00 to $430.00 and set a “buy” rating for the company in a report on Thursday. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of AppLovin in a research report on Wednesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $612.45.

AppLovin Trading Down 0.5%

APP opened at $417.80 on Thursday. The company has a debt-to-equity ratio of 1.49, a current ratio of 3.24 and a quick ratio of 3.24. AppLovin has a fifty-two week low of $359.00 and a fifty-two week high of $745.61. The firm has a market capitalization of $140.36 billion, a price-to-earnings ratio of 35.89, a PEG ratio of 0.69 and a beta of 2.54. The company’s 50 day moving average price is $484.79 and its two-hundred day moving average price is $466.38.

AppLovin (NASDAQ:APP) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, hitting analysts’ consensus estimates of $3.76. The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.94 billion. AppLovin had a return on equity of 219.37% and a net margin of 64.29%.The firm’s quarterly revenue was up 52.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.39 earnings per share. As a group, research analysts predict that AppLovin will post 15.93 earnings per share for the current year.

Insider Activity

In other news, CFO Matthew Stumpf sold 9,052 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $600.00, for a total value of $5,431,200.00. Following the transaction, the chief financial officer owned 177,450 shares of the company’s stock, valued at approximately $106,470,000. This represents a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Victoria Valenzuela sold 20,000 shares of the 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 completion of the sale, the insider owned 243,961 shares in the company, valued at $138,055,090.29. This trade represents a 7.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 393,000 shares of company stock worth $197,297,363. Company insiders own 12.81% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Cassaday & Co Wealth Management LLC purchased a new stake in shares of AppLovin during the 1st quarter valued at $25,000. Washington Trust Advisors Inc. raised its position in AppLovin by 160.0% during the fourth quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock valued at $27,000 after purchasing an additional 24 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in AppLovin during the fourth quarter valued at about $27,000. Pioneer Family Office LLC bought a new stake in AppLovin during the second quarter worth about $31,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of AppLovin in the 4th quarter worth about $32,000. 41.85% of the stock is currently owned by institutional investors.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported adjusted earnings of $3.76 per share, in line with the primary consensus estimate and above the $3.72 Zacks estimate. Revenue increased 52.8% year over year to $1.924 billion, demonstrating continued strong growth. AppLovin Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Management said an SEC investigation involving the company has been closed, removing a regulatory overhang for investors. APP Stock Plunges After Revenue Miss and Soft Guidance
• Neutral Sentiment: The company continues to benefit from the broader AI and application-software investment theme, with some analysts viewing AppLovin as an application-layer AI business capable of converting growth into substantial profits. However, the market’s reaction indicates that future growth expectations are already demanding. Three Stocks That Prove the AI Trade Is Not Over
• Negative Sentiment: Second-quarter revenue came in below Wall Street’s roughly $1.94 billion forecast. The modest top-line miss was particularly disappointing because earnings growth and AppLovin’s elevated valuation had set a very high bar. AppLovin Reports Second-Quarter Revenue Below Estimates
• Negative Sentiment: Third-quarter revenue guidance of $2.055 billion to $2.085 billion, or approximately $2.07 billion at the midpoint, was below the approximately $2.08 billion analyst expectation. The softer outlook fueled concerns that AppLovin’s rapid growth may be moderating. AppLovin Gives Soft Third-Quarter Outlook
• Negative Sentiment: A law firm is investigating potential claims on behalf of AppLovin investors, adding a separate headline risk, although the investigation itself does not establish wrongdoing. Pomerantz Investor Alert

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.