AppLovin Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for AppLovin stock have an average target of 396.47, with a low estimate of 66 and a high estimate of 650. The average target predicts an increase of 61.51% from the current stock price of 245.47.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$66	$396.47	$425	$650
Change	-73.11%	+61.51%	+73.14%	+164.80%

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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	8	8	8	8	8	8
Buy	6	6	6	6	6	7
Hold	5	5	5	5	5	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	20	20	20	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eric Sheridan Goldman Sachs	Goldman Sachs	Hold Maintains $500 → $335	Hold	Maintains	$500 → $335	+36.47%	Apr 14, 2025
John Hodulik UBS	UBS	Strong Buy Maintains $630 → $450	Strong Buy	Maintains	$630 → $450	+83.32%	Apr 11, 2025
James Callahan Piper Sandler	Piper Sandler	Buy Maintains $575 → $425	Buy	Maintains	$575 → $425	+73.14%	Apr 10, 2025
Matthew Cost Morgan Stanley	Morgan Stanley	Hold → Buy Upgrades $470 → $350	Hold → Buy	Upgrades	$470 → $350	+42.58%	Apr 10, 2025
Alec Brondolo Wells Fargo	Wells Fargo	Buy Maintains $538 → $386	Buy	Maintains	$538 → $386	+57.25%	Apr 8, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.76B

from 4.71B

22.35%

from 4.71B

Revenue Next Year

7.03B

from 5.76B

21.92%

from 5.76B

EPS This Year

6.61

from 4.53

45.73%

from 4.53

EPS Next Year

10.00

from 6.61

51.36%

from 6.61

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	5.76B	7.03B	8.30B
Revenue Growth	45.97%	92.48%	0.86%	16.54%	43.44%	22.35%	21.92%	18.09%
EPS	-0.58	0.09	-0.52	0.98	4.53	6.61	10.00	12.07
EPS Growth	-	-	-	-	363.16%	45.73%	51.36%	20.68%
Forward PE	-	-	-	-	-	37.15	24.54	20.34
No. Analysts	-	-	-	-	-	24	22	13

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

Revenue Forecast

Revenue	2025	2026	2027
High	6.9B	9.3B	10.7B
Avg	5.8B	7.0B	8.3B
Low	4.8B	5.3B	6.3B

Revenue Growth

Revenue Growth	2025	2026	2027
High	47.2%	61.9%	52.0%
Avg	22.4%	21.9%	18.1%
Low	2.7%	-8.3%	-10.9%

EPS Forecast

EPS	2025	2026	2027
High	8.78	15.38	16.07
Avg	6.61	10.00	12.07
Low	4.71	6.97	9.30

EPS Growth

EPS Growth	2025	2026	2027
High	93.6%	132.8%	60.6%
Avg	45.7%	51.4%	20.7%
Low	4.0%	5.4%	-7.0%

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.