AppLovin Corporation (APP)

AppLovin Stock Forecast

Stock Price Forecast

The 21 analysts that cover AppLovin stock have a consensus rating of "Buy" and an average price target of $411.6, which forecasts a 19.73% increase in the stock price over the next year. The lowest target is $66 and the highest is $650.

Price Target: $411.6 (+19.73%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$66	$411.6	$450	$650
Change	-80.80%	+19.73%	+30.91%	+89.09%

Analyst Ratings

The average analyst rating for AppLovin stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	8	8	8	8	8	8
Buy	6	6	7	7	7	8
Hold	5	5	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	20	20	20	20	20	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nat Schindler Scotiabank	Scotiabank	Buy Initiates $430	Buy	Initiates	$430	+25.09%	Jul 7, 2025
James Callahan Piper Sandler	Piper Sandler	Buy Reiterates $455 → $470	Buy	Reiterates	$455 → $470	+36.72%	Jun 26, 2025
Bernie McTernan Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Jun 26, 2025
Matthew Cost Morgan Stanley	Morgan Stanley	Buy Maintains $420 → $460	Buy	Maintains	$420 → $460	+33.81%	Jun 9, 2025
Cory Carpenter JP Morgan	JP Morgan	Hold Maintains $355 → $400	Hold	Maintains	$355 → $400	+16.36%	Jun 3, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.72B

Increased by 21.46%

from 4.71B

Revenue Next Year

6.94B

Increased by 21.38%

from 5.72B

EPS This Year

8.20

Increased by 80.79%

from 4.53

EPS Next Year

11.85

Increased by 44.58%

from 8.20

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.45B	2.79B	2.82B	3.28B	4.71B	5.72B	6.94B	8.61B
Revenue Growth	45.97%	92.48%	0.86%	16.54%	43.44%	21.46%	21.38%	23.97%
EPS	-0.58	0.09	-0.52	0.98	4.53	8.20	11.85	14.05
EPS Growth	-	-	-	-	363.16%	80.79%	44.58%	18.54%
Forward PE	-	-	-	-	-	41.93	29.00	24.47
No. Analysts	-	-	-	-	-	24	22	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	6.8B	8.5B	10.4B
Avg	5.7B	6.9B	8.6B
Low	5.1B	5.9B	7.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	44.0%	48.6%	50.1%
Avg	21.5%	21.4%	24.0%
Low	7.4%	2.7%	1.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	10.16	17.26	18.94
Avg	8.20	11.85	14.05
Low	5.72	7.97	11.04

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	124.1%	110.6%	59.8%
Avg	80.8%	44.6%	18.5%
Low	26.1%	-2.8%	-6.8%

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.