AppLovin (NASDAQ:APP) Shares Up 2.3% – What’s Next?

02 Sep 2026, 21:20 by Kim Johansen · The Markets Daily

AppLovin Corporation (NASDAQ:APP – Get Free Report) shares rose 2.3% during mid-day trading on Wednesday . The company traded as high as $320.83 and last traded at $319.05. 3,869,507 shares were traded during mid-day trading, a decline of 32% from the average session volume of 5,700,597 shares. The stock had previously closed at $311.74.

Analyst Ratings Changes

A number of brokerages have recently issued reports on APP. The Goldman Sachs Group dropped their price objective on AppLovin from $585.00 to $465.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. Benchmark reduced their price objective on shares of AppLovin from $500.00 to $440.00 and set a “buy” rating for the company in a research report on Monday, August 17th. Morgan Stanley lowered their price target on shares of AppLovin from $720.00 to $650.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Scotiabank reiterated a “sector outperform” rating and set a $515.00 price target on shares of AppLovin in a research report on Thursday, August 6th. Finally, Wells Fargo & Company dropped their price target on AppLovin from $357.00 to $325.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 19th. Three analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $538.61.

Check Out Our Latest Research Report on AppLovin

AppLovin Stock Up 2.3%

The company’s 50 day simple moving average is $403.28 and its 200-day simple moving average is $442.00. 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 cap of $106.77 billion, a P/E ratio of 24.52, a PEG ratio of 0.66 and a beta of 2.49.

AppLovin (NASDAQ:APP – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, meeting the consensus estimate of $3.76. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter in the prior year, the firm earned $2.39 EPS. The business’s revenue for the quarter was up 52.8% compared to the same quarter last year. Research analysts forecast that AppLovin Corporation will post 15.53 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other AppLovin news, Director Maynard G. Webb, Jr. sold 3,076 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $521.29, for a total value of $1,603,488.04. Following the sale, the director owned 120,444 shares in the company, valued at $62,786,252.76. This trade represents a 2.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Eduardo Vivas sold 163,910 shares of AppLovin stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $504.06, for a total transaction of $82,620,474.60. Following the sale, the director owned 6,785,087 shares of the company’s stock, valued at $3,420,090,953.22. The trade was a 2.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 294,228 shares of company stock valued at $148,403,985 over the last quarter. 12.81% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in APP. Cassaday & Co Wealth Management LLC purchased a new stake in shares of AppLovin during the first quarter worth about $25,000. Washington Trust Advisors Inc. boosted its stake in AppLovin by 160.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock worth $27,000 after purchasing an additional 24 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in AppLovin during the 4th quarter worth approximately $27,000. Pioneer Family Office LLC purchased a new stake in AppLovin during the 2nd quarter worth approximately $31,000. Finally, First Pacific Financial acquired a new position in AppLovin during the 1st quarter valued at approximately $33,000. 41.85% of the stock is owned by institutional investors.

About AppLovin

(Get Free Report)

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.