Applovin Corp (NASDAQ:APP) does about 8.87M shares in volume on a normal day but saw 7805686 shares change hands in the recent trading day. The company now has a market cap of 132.99B USD. Its current market price is $393.00, marking an increase of 2.28% compared to the previous close of $384.23. The 52 week high reached by this stock is $525.15 whilst the lowest price level in 52 weeks is $60.67. The script in recent trading has seen the stock touch a high of $650 and a low of $200.
21 analysts observing the Applovin Corp (APP) stock have set the 12-month price targets for the company’s shares at between $200 and $650. The consensus objective for the share price is $475.04, suggesting that the stock has a potential upside of 17.27% over the period. The median price target is 9.86% away from the current levels at $436.
FactSet Research has provided data showing that 21 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 13 analysts have rated it as a buy and 7 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 10, 2025 when Morgan Stanley upgraded the stock to “Overweight” and issued a price target of $350. The Benchmark Company initiated its price target at $375.
The current price level is 11.41%, 29.84%, and 48.24% away from its SMA20, SMA50, and SMA200 respectively, with the APP price moving above the 50-day SMA on current market day. Applovin Corp (APP) stock is up 11.82% over the week and 45.93% over the past month. Its price is 21.36% year-to-date and 372.19% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 2.38 and 8.56 for whole year. Expected sales for next quarter are $1.34B, which analysts say will come at $5.72B for the current fiscal year and next year at $6.85B. In addition, estimates put the company’s current quarterly revenue at an average of $1.37B.
Its 12-month price target is $436. To reach the target analysts have set, the stock logically needs to grow 17.27 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $200, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $650.
Outstanding shares total 307.67M with insiders holding 22.57% of the shares and institutional holders owning 72.94% of the company’s common stock. The company has a return on investment of 46.99% and return on equity of 287.44%. The price to earnings ratio (P/E ratio) amounts to 70.96 while the forward price to earnings ratio is 33.82. The beta has a value of 2.51. Price to book ratio is 231.09 and price to sales ratio is 25.90.
