AppLovin Corporation $APP Stock: Rakuten Investment Management Inc. Increases Position

Rakuten Investment Management Inc. boosted its stake in shares of AppLovin Corporation (NASDAQ:APP) by 10.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 72,335 shares of the company’s stock after purchasing an additional 6,946 shares during the quarter. Rakuten Investment Management Inc.’s holdings in AppLovin were worth $22,110,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC increased its stake in shares of AppLovin by 2.8% in the 2nd quarter. Revolve Wealth Partners LLC now owns 851 shares of the company’s stock worth $438,000 after acquiring an additional 23 shares during the last quarter. IMA Advisory Services Inc. boosted its position in shares of AppLovin by 40.0% during the 1st quarter. IMA Advisory Services Inc. now owns 84 shares of the company’s stock valued at $33,000 after acquiring an additional 24 shares during the last quarter. PFG Investments LLC boosted its position in shares of AppLovin by 4.1% during the 1st quarter. PFG Investments LLC now owns 706 shares of the company’s stock valued at $281,000 after acquiring an additional 28 shares during the last quarter. Sovran Advisors LLC grew its holdings in shares of AppLovin by 5.7% in the first quarter. Sovran Advisors LLC now owns 517 shares of the company’s stock valued at $206,000 after purchasing an additional 28 shares during the period. Finally, PCB Capital LLC increased its position in AppLovin by 1.3% during the first quarter. PCB Capital LLC now owns 2,261 shares of the company’s stock worth $900,000 after purchasing an additional 30 shares during the last quarter. 41.85% of the stock is currently owned by hedge funds and other institutional investors.

AppLovin Stock Up 7.3%

Shares of APP opened at $245.51 on Wednesday. The company’s 50-day moving average price is $291.60 and its 200 day moving average price is $413.52. AppLovin Corporation has a 12-month low of $225.19 and a 12-month high of $738.01. 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 $82.16 billion, a P/E ratio of 18.87, a price-to-earnings-growth ratio of 0.51 and a beta of 2.51.

AppLovin (NASDAQ:APP) last announced its earnings results on Wednesday, August 5th. The company reported $3.76 earnings per share for the quarter, hitting the consensus estimate of $3.76. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the firm posted $2.39 earnings per share. AppLovin’s revenue was up 52.8% compared to the same quarter last year. On average, sell-side analysts forecast that AppLovin Corporation will post 15.61 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on APP. Raymond James Financial reduced their target price on shares of AppLovin from $640.00 to $590.00 in a research note on Thursday, August 6th. Evercore restated an “outperform” rating and set a $510.00 price target (down from $630.00) on shares of AppLovin in a report on Tuesday, September 1st. Royal Bank Of Canada reduced their price target on shares of AppLovin from $575.00 to $500.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 28th. UBS Group decreased their price objective on AppLovin from $790.00 to $414.00 and set a “buy” rating on the stock in a report on Wednesday, October 28th. Finally, Daiwa Securities Group lowered their price objective on AppLovin from $569.00 to $345.00 and set an “outperform” rating for the company in a research report on Wednesday, August 19th. Three analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $491.64.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin rose alongside a broader bounce in battered ad-tech stocks, with investors looking ahead to Wednesday’s earnings report. Some coverage also framed the steep share-price decline as a potential bargain, which may have encouraged buying. Article Article
• Neutral Sentiment: AppLovin is scheduled to report third-quarter results after the close on Nov. 4. Revenue is expected to increase year over year, but recent downward estimate revisions and concerns about the pace of improvement in its AI advertising models leave investors focused on the results and outlook. Article
• Negative Sentiment: Several law firms publicized a securities class action filed against AppLovin and certain officers. The suit covers investors who acquired shares from Feb. 12 through Aug. 5, 2026, and alleges securities-law violations related to company statements about AI model improvements and growth prospects. These are allegations, not findings; the lead-plaintiff deadline is Nov. 16. The litigation could add uncertainty and reputational risk. Article

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.