AppLovin (APP) Expected to Post Quarterly Earnings on Wednesday

AppLovin (NASDAQ:APP) is projected to release its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect AppLovin to post earnings of $4.04 per share and revenue of $2.08 billion for the quarter. Individuals may visit the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.

AppLovin (NASDAQ:APP) last issued its earnings results on Wednesday, August 5th. The company reported $3.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $3.76. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.94 billion. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. AppLovin’s revenue was up 52.8% on a year-over-year basis. During the same period last year, the business posted $2.39 EPS. On average, analysts expect AppLovin to post $15.61 EPS for the current fiscal year and $19.76 EPS for the next fiscal year.

AppLovin Price Performance

APP stock opened at $228.50 on Monday. AppLovin has a 1-year low of $225.19 and a 1-year high of $738.01. The business’s 50 day simple moving average is $294.20 and its 200 day simple moving average is $417.58. The company has a current ratio of 4.30, a quick ratio of 4.30 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $76.47 billion, a PE ratio of 17.56, a PEG ratio of 0.51 and a beta of 2.51.

Analyst Upgrades and Downgrades

APP has been the topic of a number of analyst reports. HSBC reduced their price objective on shares of AppLovin from $450.00 to $409.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. Scotiabank reaffirmed a “sector outperform” rating and set a $515.00 price target (down from $775.00) on shares of AppLovin in a report on Thursday, August 6th. Phillip Securities upgraded shares of AppLovin from a “moderate buy” rating to a “strong-buy” rating and reduced their price target for the stock from $635.00 to $610.00 in a research report on Tuesday, August 11th. Loop Capital lowered their price objective on shares of AppLovin from $860.00 to $600.00 and set a “buy” rating for the company in a research report on Thursday, August 20th. Finally, Daiwa Securities Group cut their target price on AppLovin from $569.00 to $345.00 and set an “outperform” rating for the company in a research note on Wednesday, August 19th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, AppLovin presently has an average rating of “Moderate Buy” and an average target price of $491.64.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin continues to attract bullish attention from some Wall Street analysts. Its average brokerage recommendation remains equivalent to a Buy, while previously published price targets are substantially above the current trading level. AppLovin also delivered strong growth in 2025 and has expanded its software-based advertising business. Is AppLovin a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Wurl, AppLovin’s subsidiary, launched a Content Intelligence Platform designed to improve transparency and measurement in connected-TV advertising. The initiative could support AppLovin’s expansion into additional digital-advertising channels. AppLovin Flags CTV Ad Transparency Gaps
• Neutral Sentiment: Institutional positioning is mixed: 712 investors added APP shares in their latest reported quarter, while 765 reduced positions. Large purchases by Invesco, Capital World Investors, and JPMorgan contrast with complete or sizable reductions by some other funds.
• Negative Sentiment: Investor concern has intensified ahead of the November 4 earnings report. Recent commentary points to stable rather than accelerating advertiser demand, more conservative estimates, and questions about whether improvements to AppLovin’s advertising models are continuing at the earlier pace. AppLovin Slides as Investors Weigh Slower Growth Signals
• Negative Sentiment: Multiple law firms reported a securities class action covering investors who purchased APP securities from February 12 through August 5, 2026. The allegations center on disclosures about AI advertising-model improvements and the readiness of AppLovin’s generative-AI video tool. The lead-plaintiff deadline is November 16, adding legal and reputational risk. AppLovin Faces Securities Fraud Class Action
• Negative Sentiment: Reported insider activity has consisted entirely of sales over the past six months, including sales by the CEO and chief technology officer. Although insider sales do not necessarily indicate deteriorating fundamentals, the pattern may weigh on sentiment while the stock remains well below its 52-week high.

AppLovin Company Profile

AppLovin Corporation is a technology company that provides software and services designed to help mobile application developers grow, monetize and operate their businesses. Its platform supports user acquisition, advertising, mediation, analytics and other functions across the mobile app ecosystem.

The company’s principal products include AppDiscovery, which helps developers market their applications and acquire users; MAX, an in-app bidding and monetization platform; and its AXON technology, an artificial intelligence-powered engine intended to improve advertising performance and match users with relevant applications and content.