AppLovin Corporation (APP)

AppLovin Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for AppLovin stock have an average target of 330.16, with a low estimate of 66 and a high estimate of 480. The average target predicts a decrease of -12.02% from the current stock price of 375.25.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$66	$330.16	$375	$480
Change	-82.41%	-12.02%	-0.07%	+27.91%

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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	8	7	8	8	8	8
Buy	3	4	6	6	6	6
Hold	3	5	5	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	15	17	20	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eric Sheridan Goldman Sachs	Goldman Sachs	Hold Maintains $220 → $335	Hold	Maintains	$220 → $335	-10.73%	Jan 27, 2025
John Hodulik UBS	UBS	Strong Buy Maintains $315 → $440	Strong Buy	Maintains	$315 → $440	+17.26%	Jan 22, 2025
Alec Brondolo Wells Fargo	Wells Fargo	Buy Maintains $360 → $366	Buy	Maintains	$360 → $366	-2.47%	Jan 13, 2025
Mike Hickey Benchmark	Benchmark	Strong Buy Initiates $375	Strong Buy	Initiates	$375	-0.07%	Jan 10, 2025
Cory Carpenter JP Morgan	JP Morgan	Hold Maintains $200 → $325	Hold	Maintains	$200 → $325	-13.39%	Jan 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.64B

Increased by 41.45%

from 3.28B

Revenue Next Year

5.75B

Increased by 23.77%

from 4.64B

EPS This Year

4.08

Increased by 316.87%

from 0.98

EPS Next Year

6.10

Increased by 49.54%

from 4.08

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	994.10M	1.45B	2.79B	2.82B	3.28B	4.64B	5.75B	6.98B
Revenue Growth	105.66%	45.97%	92.48%	0.86%	16.54%	41.45%	23.77%	21.45%
EPS	0.36	-0.58	0.09	-0.52	0.98	4.08	6.10	8.34
EPS Growth	-	-	-	-	-	316.87%	49.54%	36.58%
Forward PE	-	-	-	-	-	91.94	61.48	45.02
No. Analysts	-	-	-	-	-	23	23	18

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	4.9B	6.7B	8.6B
Avg	4.6B	5.7B	7.0B
Low	4.5B	5.3B	6.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	48.7%	44.1%	50.3%
Avg	41.5%	23.8%	21.5%
Low	36.6%	13.7%	7.8%

EPS Forecast

EPS	2024	2025	2026
High	4.42	7.37	11.67
Avg	4.08	6.10	8.34
Low	3.37	3.90	4.22

EPS Growth

EPS Growth	2024	2025	2026
High	351.5%	80.6%	91.1%
Avg	316.9%	49.5%	36.6%
Low	244.3%	-4.4%	-30.8%

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.