AppLovin Corporation (APP)
NASDAQ: APP · Real-Time Price · USD
342.82
+1.83 (0.54%)
Dec 23, 2024, 12:26 PM EST - Market open
AppLovin Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for AppLovin stock have an average target of 279.75, with a low estimate of 53.2 and a high estimate of 480. The average target predicts a decrease of -18.40% from the current stock price of 342.82.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AppLovin stock from 20 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 7 | 8 | 7 | 8 | 8 |
| Buy | 3 | 2 | 3 | 4 | 6 | 6 |
| Hold | 5 | 4 | 3 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 19 | 14 | 15 | 17 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Maintains $385 → $450 | Strong Buy | Maintains | $385 → $450 | +31.26% | Dec 16, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $480 | Buy | Reiterates | $480 | +40.02% | Dec 10, 2024 |
| Macquarie | Macquarie | Buy Maintains $270 → $450 | Buy | Maintains | $270 → $450 | +31.26% | Dec 6, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $335 → $460 | Strong Buy | Maintains | $335 → $460 | +34.18% | Dec 5, 2024 |
| Stifel | Stifel | Strong Buy Maintains $250 → $435 | Strong Buy | Maintains | $250 → $435 | +26.89% | Dec 5, 2024 |
Financial Forecast
Revenue This Year
4.64B
from 3.28B
Increased by 41.33%
Revenue Next Year
5.66B
from 4.64B
Increased by 21.98%
EPS This Year
4.06
from 0.98
Increased by 314.56%
EPS Next Year
5.89
from 4.06
Increased by 45.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.8B | 6.3B | 7.7B | |
| Avg | 4.6B | 5.7B | 6.8B | |
| Low | 4.5B | 5.2B | 6.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 47.4% | 35.7% | 36.7% | |
| Avg | 41.3% | 22.0% | 19.5% | |
| Low | 36.9% | 11.9% | 5.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.40 | 7.31 | 11.51 |
| Avg | 4.06 | 5.89 | 7.88 |
| Low | 3.37 | 3.90 | 4.22 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 349.4% | 80.1% | 95.2% |
| Avg | 314.6% | 45.2% | 33.6% |
| Low | 244.3% | -3.9% | -28.3% |
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.