Gain insights into the latest analyst ratings for AppLovin APP within the past quarter:
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 1 | 2 | 0 | 1 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 4 | 1 | 1 | 0 | 1 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Discover the 12-month price targets set by 10 analysts for AppLovin in the last quarter. The average target is $48.92, with a high estimate of $58.50 and a low estimate of $28.00.
Get a quick summary of 10 analysts' ratings for AppLovin over the last 3 months. More bullish views suggest a positive outlook, while more bearish views imply a negative sentiment.
This current average has increased by 16.48% from the previous average price target of $42.00.
Analyzing Analyst Ratings: A Detailed Breakdown
Discover the analyses of financial experts and analysts, gaining insights into their recent evaluations for AppLovin. Our Ratings Table below provides a detailed overview of the actions taken by key analysts, their current ratings, and price targets. Grasping the perspectives of these experts on the company can unveil valuable insights into potential market trends and investor sentiment.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mohammed Khallouf | HSBC | Announces | Buy | $53.20 | - |
| John Hodulik | UBS | Raises | Neutral | $46.00 | $40.00 |
| Eric Sheridan | Goldman Sachs | Raises | Buy | $57.00 | $50.00 |
| David Pang | Stifel | Raises | Buy | $55.00 | $45.00 |
| Mark Zgutowicz | Benchmark | Raises | Sell | $28.00 | $22.00 |
| Nick McKay | Wedbush | Raises | Outperform | $58.50 | $48.00 |
| Eric Sheridan | Goldman Sachs | Raises | Buy | $57.00 | $50.00 |
| Matthew Cost | Morgan Stanley | Raises | Equal-Weight | $43.50 | $40.00 |
| David Pang | Stifel | Raises | Buy | $45.00 | $43.00 |
| Clark Lampen | BTIG | Raises | Buy | $46.00 | $40.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to AppLovin. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of AppLovin compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of AppLovin's stock. This analysis reveals shifts in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into AppLovin's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on AppLovin analyst ratings.
Discovering AppLovin: A Closer Look
AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide advanced tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their application.
A Deep Dive into AppLovin's Financials
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: AppLovin's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 21.2%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: AppLovin's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 12.48%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): AppLovin's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 8.25%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): AppLovin's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.06% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: AppLovin's debt-to-equity ratio stands notably higher than the industry average, reaching 2.91. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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