Want to see APP full AI Analyst Report?
APP Stock Chart & Stats
$298.59
-$6.88(-1.72%)
At close: 4:00 PM EDT
$298.59
-$6.88(-1.72%)
Day’s Range― - ―
52-Week Range$225.19 - $738.01
Previous CloseN/A
Volume4.86M
Average Volume (3M)4.47M
Market Cap
$76.47B
Enterprise Value$174.11B
Total Cash (Recent Filing)$3.05B
Total Debt (Recent Filing)$3.52B
Price to Earnings (P/E)17.5
Beta3.40
Next Earnings
Nov 04, 2026EPS Estimate
4.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)13.07
Shares Outstanding304,443,000
10 Day Avg. Volume2,788,218
30 Day Avg. Volume4,469,897
Financial Highlights & Ratios
PEG Ratio0.62
Price to Book (P/B)106.94
Price to Sales (P/S)41.65
P/FCF Ratio57.90
Enterprise Value/Market Cap2.28
Enterprise Value/Revenue25.50
Enterprise Value/Gross Profit28.82
Enterprise Value/Ebitda31.37
Forecast
1Y Price Target
$461.75Price Target Upside54.64% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)15.71
Revenue Forecast (FY)$8.11B
Bulls Say, Bears Say
Bulls Say
Exceptional Profitability And GrowthAppLovin combines very high margins with improving revenue growth, indicating substantial operating leverage in its software and advertising platform. If sustained, this profitability can fund product investment, support competitive positioning, and convert future revenue expansion into significant earnings growth.
Strong Cash GenerationCash generation closely tracking reported earnings supports the quality and durability of AppLovin’s profits. Strong internally generated funds provide flexibility to invest in technology, support operations, reduce financial strain, and return capital without relying heavily on external financing.
Platform Expansion And Consumer MomentumThe Ads Manager launch broadens AppLovin’s tools for advertisers, while strong consumer spending demonstrates traction beyond its traditional gaming base. Greater advertiser reach and vertical diversification can expand platform data, improve optimization, and strengthen longer-term growth.
Bears Say
Meaningful Balance-sheet LeverageDebt still exceeds equity, leaving AppLovin more exposed to weaker operating periods than an unlevered software company. Although leverage has improved materially, the capital structure can amplify earnings pressure, constrain financial flexibility, and increase the importance of sustained cash generation.
Model Timing And Compute-cost RiskAppLovin’s growth and margin trajectory depends on continued model improvement, yet management acknowledged variable testing cadence and rising compute requirements. Delayed optimization gains or structurally higher costs could moderate margin expansion and create execution volatility over coming quarters.
Self-service Conversion BottlenecksDifficulty providing scalable video creative can slow onboarding and limit conversion among smaller or self-service advertisers. This friction may delay broader adoption of Ads Manager, reduce data accumulation from new customers, and make expansion beyond established advertisers less efficient.
AppLovin News
APP FAQ
What was AppLovin’s price range in the past 12 months?
AppLovin lowest stock price was $225.19 and its highest was $738.01 in the past 12 months.
What is AppLovin’s market cap?
AppLovin’s market cap is $76.47B.
When is AppLovin’s upcoming earnings report date?
AppLovin’s upcoming earnings report date is Nov 04, 2026 which is in 4 days.
How were AppLovin’s earnings last quarter?
AppLovin released its earnings results on Aug 05, 2026. The company reported $3.76 earnings per share for the quarter, beating the consensus estimate of $3.756 by $0.004.
Is AppLovin overvalued?
According to Wall Street analysts AppLovin’s price is currently Undervalued.
Does AppLovin pay dividends?
AppLovin does not currently pay dividends.
What is AppLovin’s EPS estimate?
AppLovin’s EPS estimate is 4.04.
How many shares outstanding does AppLovin have?
AppLovin has 304,443,000 shares outstanding.
What happened to AppLovin’s price movement after its last earnings report?
AppLovin reported an EPS of $3.76 in its last earnings report, beating expectations of $3.756. Following the earnings report the stock price went down -19.658%.
Which hedge fund is a major shareholder of AppLovin?
Currently, no hedge funds are holding shares in APP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
AppLovin Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$461.75 (54.64% Upside)
$461.75 (54.64% Upside)
Blogger Sentiment
Bullish
APP Sentiment 73%
Sector Average 59%
Sector Average 59%
Hedge Fund Trend
Decreased
By 1.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 0.5%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-63.18%
12-Months-Change
Fundamentals
Return on Equity
193.10%
Trailing 12-Months
Asset Growth
38.76%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
AppLovin
AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide. Among its core software offerings is AppDiscovery, a marketing solution that intelligently connects advertiser demand with publisher supply through an auction-based model. Another key product is Adjust, an analytics platform that enables marketers to scale their mobile apps by offering capabilities for performance measurement, campaign optimization, and user data protection. Additionally, MAX is an in-app bidding software engineered to maximize the value derived from an app's advertising inventory by facilitating real-time competitive auctions. Its client base is broad, serving advertisers, publishers, internet platforms, and other stakeholders. Founded in 2011, the enterprise maintains its headquarters in Palo Alto, California.
APP Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial picture: very strong year-over-year revenue and adjusted EBITDA growth, high margins, substantial free cash flow, a clean resolution to an SEC inquiry, and explicit momentum in the consumer vertical and product launch. However, management acknowledged near-term execution friction — principally the timing of model uplifts that caused results to fall slightly below internal expectations, higher compute costs, temporary free cash flow timing issues, and product bottlenecks around creative and self-service onboarding. The company provided confident Q3 guidance and noted that the key model improvements are now live, supporting a reacceleration narrative.View all APP earnings summariesAPP Stock 12 Month Forecast
Average Price Target
$461.75
▲(54.64% Upside)
Technical Analysis
Digital Turbine
―
Unity Software
―
PubMatic
―
DoubleVerify Holdings
―
Zeta Global Holdings Corp
―
Ownership Overview
5.53% Insiders
21.32% Mutual Funds
1.89% Other Institutional Investors
45.32% Public Companies and Individual Investors