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AppLovin Corp has a consensus price target of $175.53 based on the ratings of 26 analysts. The high is $400 issued by Piper Sandler on November 20, 2024. The low is $22 issued by Keybanc on February 9, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Piper Sandler, and Citigroup on November 20, 2024, November 20, 2024, and November 18, 2024, respectively. With an average price target of $365 between Wells Fargo, Piper Sandler, and Citigroup, there's an implied 9.19% upside for AppLovin Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for AppLovin (NASDAQ:APP) was reported by Wells Fargo on November 20, 2024. The analyst firm set a price target for $360.00 expecting APP to rise to within 12 months (a possible 7.70% upside). 51 analyst firms have reported ratings in the last year.
The latest analyst rating for AppLovin (NASDAQ:APP) was provided by Wells Fargo, and AppLovin maintained their overweight rating.
The last upgrade for AppLovin Corp happened on November 8, 2024 when Daiwa Capital raised their price target to $280. Daiwa Capital previously had a neutral for AppLovin Corp.
The last downgrade for AppLovin Corp happened on October 14, 2024 when Goldman Sachs changed their price target from $103 to $150 for AppLovin Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of AppLovin, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for AppLovin was filed on November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.
While ratings are subjective and will change, the latest AppLovin (APP) rating was a maintained with a price target of $250.00 to $360.00. The current price AppLovin (APP) is trading at is $334.27, which is within the analyst’s predicted range.
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