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 $452.95. The average 1-year stock price forecast is 77.69% higher than the current stock price, while the lowest is $325 (+27.50%) and the highest is $625 (+145.18%).

Price Target: $452.95 (+77.69%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$325	$452.95	$440	$625
Change	+27.50%	+77.69%	+72.61%	+145.18%

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	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	21	22	22	20	20	20
Buy	7	7	7	6	7	7
Hold	4	3	3	7	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	32	32	32	33	33	33

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jason Bazinet Citi	Citi	Buy Maintains $500	Buy	Maintains	$500	+96.15%	Oct 29, 2026
Matthew Swanson RBC Capital	RBC Capital	Buy Maintains $575 → $500	Buy	Maintains	$575 → $500	+96.15%	Oct 28, 2026
Stephen Ju UBS	UBS	Buy Reiterates $790 → $414	Buy	Reiterates	$790 → $414	+62.41%	Oct 28, 2026
Michael Pachter Wedbush	Wedbush	Buy Maintains $610 → $560	Buy	Maintains	$610 → $560	+119.69%	Oct 14, 2026
Eric Sheridan Goldman Sachs	Goldman Sachs	Hold Maintains $465 → $400	Hold	Maintains	$465 → $400	+56.92%	Oct 14, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

8.08B

from 5.48B

47.43%

from 5.48B

Revenue Next Year

10.13B

from 8.08B

25.32%

from 8.08B

EPS This Year

16.59

from 10.64

55.85%

from 10.64

EPS Next Year

20.53

from 16.59

23.75%

from 16.59

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	8.08B
Revenue Growth	92.48%	0.86%	-34.62%	75.05%	69.99%	47.43%
Gross Profit	1.81B	1.56B	1.49B	2.70B	4.82B	7.13B
Gross Margin	64.62%	55.41%	80.64%	83.85%	87.86%	88.25%
Operating Income	166.67M	-19.51M	772.41M	1.91B	4.15B	6.33B
Net Income	35.45M	-192.75M	356.71M	1.58B	3.33B	5.25B
EPS	-	-	-	-	10.64	16.59
EPS Growth	-	-	-	-	87.03%	55.85%
Forward PE	57.55	41.87	28.37	58.54	50.39	15.37
Free Cash Flow	-	-	-	-	3.95B	5.20B
No. Analysts	-	-	-	-	-	31

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	8.2B
Avg	8.1B
Low	7.6B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	49.6%
Avg	47.4%
Low	39.0%

EPS Forecast

Chart

EPS	2026	2027	2028
High	17.37
Avg	16.59
Low	15.65

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	63.2%
Avg	55.8%
Low	47.0%