AppLovin Stock: A Deep Dive Into Analyst Perspectives (26 Ratings)

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Ratings for AppLovin APP were provided by 26 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 13 10 2 0 1
Last 30D 1 0 0 0 0
1M Ago 2 1 1 0 0
2M Ago 5 3 0 0 0
3M Ago 5 6 1 0 1

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $344.62, along with a high estimate of $480.00 and a low estimate of $66.00. Observing a 42.4% increase, the current average has risen from the previous average price target of $242.00.

price target chart

Interpreting Analyst Ratings: A Closer Look

The standing of AppLovin among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
John Hodulik UBS Raises Buy $440.00 $315.00
Alec Brondolo Wells Fargo Raises Overweight $366.00 $360.00
Mike Hickey Benchmark Announces Buy $375.00 -
Cory Carpenter JP Morgan Raises Neutral $325.00 $200.00
James Heaney Jefferies Raises Buy $425.00 $400.00
Rob Sanderson Loop Capital Raises Buy $450.00 $385.00
Martin Yang Oppenheimer Maintains Outperform $480.00 $480.00
Tim Nollen Macquarie Raises Outperform $450.00 $270.00
Jason Bazinet Citigroup Raises Buy $460.00 $335.00
David Pang Stifel Raises Buy $435.00 $250.00
James Heaney Jefferies Raises Buy $400.00 $270.00
Martin Yang Oppenheimer Raises Outperform $480.00 $260.00
Omar Dessouky B of A Securities Raises Buy $375.00 $252.00
Alec Brondolo Wells Fargo Raises Overweight $360.00 $250.00
James Callahan Piper Sandler Announces Overweight $400.00 -
Jason Bazinet Citigroup Raises Buy $335.00 $185.00
Rob Sanderson Loop Capital Raises Buy $385.00 $181.00
Jonathan Kees Daiwa Capital Raises Outperform $280.00 $80.00
David Pang Stifel Raises Buy $250.00 $185.00
Martin Yang Oppenheimer Raises Outperform $260.00 $180.00
Tim Nollen Macquarie Raises Outperform $270.00 $150.00
Clark Lampen BTIG Raises Buy $291.00 $202.00
Cory Carpenter JP Morgan Raises Neutral $200.00 $160.00
Mark Zgutowicz Benchmark Maintains Sell $66.00 $66.00
Clark Lampen BTIG Raises Buy $202.00 $150.00
Alec Brondolo Wells Fargo Announces Overweight $200.00 -

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to AppLovin. This insight gives a snapshot of analysts' perspectives on 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.

Capture valuable insights into AppLovin's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on AppLovin analyst ratings.

Get to Know AppLovin Better

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 tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their applications.

AppLovin: A Financial Overview

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Revenue Growth: AppLovin's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 38.64%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 36.25%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): AppLovin's ROE excels beyond industry benchmarks, reaching 49.55%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): AppLovin's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 8.11%, the company showcases efficient use of assets and strong financial health.

Debt Management: AppLovin's debt-to-equity ratio surpasses industry norms, standing at 3.74. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

Analyst Ratings: What Are They?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

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.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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