AppLovin’s (APP) “Equal Weight” Rating Reiterated at Wells Fargo & Company

AppLovin (NASDAQ:APP)‘s stock had its “equal weight” rating restated by investment analysts at Wells Fargo & Company in a research report issued to clients and investors on Thursday,Benzinga reports. They presently have a $357.00 price target on the stock, down from their previous price target of $575.00. Wells Fargo & Company‘s price target points to a potential downside of 14.55% from the company’s previous close.

Several other research analysts have also commented on APP. Weiss Ratings lowered AppLovin from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, July 23rd. The Goldman Sachs Group lowered their target price on AppLovin from $585.00 to $465.00 and set a “neutral” rating for the company in a research note on Thursday. JPMorgan Chase & Co. raised their target price on AppLovin from $500.00 to $515.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Citigroup reiterated a “buy” rating on shares of AppLovin in a research note on Monday, June 22nd. Finally, Raymond James Financial began coverage on AppLovin in a report on Monday, June 29th. They issued a “strong-buy” rating and a $640.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $612.45.

AppLovin Stock Down 0.5%

Shares of APP opened at $417.80 on Thursday. The firm has a market cap of $140.36 billion, a P/E ratio of 35.89, a PEG ratio of 0.69 and a beta of 2.54. The stock’s 50 day moving average is $484.79 and its two-hundred day moving average is $466.38. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 1.49. AppLovin has a 12 month low of $359.00 and a 12 month high of $745.61.

AppLovin (NASDAQ:APP) last posted its quarterly earnings data on Tuesday, August 4th. 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 for the quarter, compared to the consensus estimate of $1.94 billion. AppLovin had a net margin of 64.29% and a return on equity of 219.37%. The company’s revenue was up 52.8% compared to the same quarter last year. During the same period last year, the firm posted $2.39 earnings per share. Analysts predict that AppLovin will post 15.93 earnings per share for the current fiscal year.

Insider Buying and Selling at AppLovin

In other AppLovin news, Director Eduardo Vivas sold 163,910 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $504.06, for a total value of $82,620,474.60. Following the completion of the transaction, the director directly owned 6,785,087 shares in the company, valued at approximately $3,420,090,953.22. The trade was a 2.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Victoria Valenzuela sold 20,000 shares of AppLovin stock in a transaction on Thursday, June 4th. The shares were 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 directly owned 243,961 shares of the company’s stock, valued at approximately $138,055,090.29. This represents a 7.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 393,000 shares of company stock valued at $197,297,363. 12.81% of the stock is owned by company insiders.

Hedge Funds Weigh In On AppLovin

Several institutional investors and hedge funds have recently bought and sold shares of APP. Cassaday & Co Wealth Management LLC acquired a new stake in shares of AppLovin during the 1st quarter worth $25,000. Washington Trust Advisors Inc. lifted its position in AppLovin by 160.0% during the 4th quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock worth $27,000 after acquiring an additional 24 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new position in shares of AppLovin in the fourth quarter valued at $27,000. Pioneer Family Office LLC purchased a new stake in shares of AppLovin during the second quarter worth about $31,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of AppLovin during the fourth quarter worth approximately $32,000. Institutional investors and hedge funds own 41.85% of the company’s stock.

AppLovin News Roundup

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

About AppLovin

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.