AppLovin Corporation (APP)
NASDAQ: APP · Real-Time Price · USD
165.18
+6.07 (3.82%)
At close: Nov 5, 2024, 4:00 PM
175.63
+10.45 (6.33%)
Pre-market: Nov 6, 2024, 5:39 AM EST
AppLovin Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for AppLovin stock have an average target of 134.01, with a low estimate of 53.2 and a high estimate of 202. The average target predicts a decrease of -18.87% from the current stock price of 165.18.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AppLovin stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 7 | 8 | 7 |
| Buy | 3 | 3 | 3 | 2 | 3 | 4 |
| Hold | 5 | 5 | 5 | 4 | 3 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 19 | 19 | 19 | 14 | 15 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy Maintains $150 → $202 | Strong Buy | Maintains | $150 → $202 | +22.29% | Oct 30, 2024 |
| Wells Fargo | Wells Fargo | Buy Initiates $200 | Buy | Initiates | $200 | +21.08% | Oct 28, 2024 |
| Stifel | Stifel | Strong Buy Maintains $100 → $185 | Strong Buy | Maintains | $100 → $185 | +12.00% | Oct 23, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $105 → $180 | Buy | Maintains | $105 → $180 | +8.97% | Oct 23, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $155 → $185 | Strong Buy | Maintains | $155 → $185 | +12.00% | Oct 22, 2024 |
Financial Forecast
Revenue This Year
4.49B
from 3.28B
Increased by 36.64%
Revenue Next Year
5.23B
from 4.49B
Increased by 16.47%
EPS This Year
3.48
from 0.98
Increased by 255.71%
EPS Next Year
4.59
from 3.48
Increased by 31.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.8B | 5.8B | 6.8B | ||
| Avg | 4.5B | 5.2B | 6.0B | ||
| Low | 4.2B | 4.8B | 5.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 44.9% | 28.8% | 29.9% | ||
| Avg | 36.6% | 16.5% | 15.2% | ||
| Low | 26.6% | 6.2% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.83 | 5.86 | 8.73 |
| Avg | 3.48 | 4.59 | 5.92 |
| Low | 3.23 | 3.90 | 4.22 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 291.5% | 68.2% | 90.3% |
| Avg | 255.7% | 31.7% | 29.1% |
| Low | 230.3% | 12.0% | -7.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.