AppLovin Stock Forecast

Stock Price Forecast

According to 33 analysts polled by S&P Global, AppLovin stock has a consensus rating of "Buy" and an average price target of $548.52. The average 1-year stock price forecast is 73.89% higher than the current stock price, while the lowest is $357 (+13.18%) and the highest is $860 (+172.64%).

Price Target: $548.52 (+73.89%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$357	$548.52	$569	$860
Change	+13.18%	+73.89%	+80.38%	+172.64%

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

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	17	20	21	22	22	20
Buy	6	6	7	7	7	6
Hold	4	4	4	3	3	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	27	30	32	32	32	33

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Swanson RBC Capital	RBC Capital	Buy Maintains $575	Buy	Maintains	$575	+82.29%	Aug 13, 2026
Clark Lampen BTIG	BTIG	Buy Maintains $574 → $408	Buy	Maintains	$574 → $408	+29.34%	Aug 12, 2026
Unknown Analyst Bank of China No rating	Bank of China	Hold Downgrades $430 → $400	Hold	Downgrades	$430 → $400	+26.81%	Aug 11, 2026
Omar Dessouky Bank of America Securities	Bank of America Securities	Hold Downgrades $430 → $400	Hold	Downgrades	$430 → $400	+26.81%	Aug 11, 2026
Paul Chew Phillip Securities	Phillip Securities	Buy Maintains $635 → $610	Buy	Maintains	$635 → $610	+93.38%	Aug 11, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

8.13B

from 5.48B

48.34%

from 5.48B

Revenue Next Year

10.44B

from 8.13B

28.40%

from 8.13B

EPS This Year

16.56

from 10.64

55.55%

from 10.64

EPS Next Year

21.00

from 16.56

26.83%

from 16.56

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.79B	2.82B	1.84B	3.22B	5.48B	8.13B
Revenue Growth	92.48%	0.86%	-34.62%	75.05%	69.99%	48.34%
Gross Profit	1.81B	1.56B	1.49B	2.70B	4.82B	7.16B
Gross Margin	64.62%	55.41%	80.64%	83.85%	87.86%	88.10%
Operating Income	166.67M	-19.51M	772.41M	1.91B	4.15B	6.38B
Net Income	35.45M	-192.75M	356.71M	1.58B	3.33B	5.31B
EPS	-	-	-	-	10.64	16.56
EPS Growth	-	-	-	-	87.03%	55.55%
Forward PE	57.55	41.87	28.37	58.54	50.39	19.05
Free Cash Flow	-721.97M	1.42B	654.69M	1.29B	2.70B	5.27B
No. Analysts	-	-	-	-	-	27

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	8.3B
Avg	8.1B
Low	7.6B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	51.4%
Avg	48.3%
Low	39.0%

EPS Forecast

Chart

EPS	2026	2027	2028
High	17.78
Avg	16.56
Low	15.65

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	67.1%
Avg	55.6%
Low	47.0%