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AppLovin Corporation (APP)
NASDAQ: APP · Real-Time Price · USD
277.59
-2.53 (-0.90%)
Oct 9, 2026, 11:21 AM EDT - Market open

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 $487.66. The average 1-year stock price forecast is 75.68% higher than the current stock price, while the lowest is $325 (+17.08%) and the highest is $790 (+184.59%).

Price Target: $487.66 (+75.68%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$325$487.66$470$790
Change+17.08%+75.68%+69.31%+184.59%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy212222202020
Buy777677
Hold433766
Sell000000
Strong Sell000000
Total323232333333

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Hold
Reiterates
$400 → $325
HoldReiterates$400 → $325+17.08%Oct 9, 2026
Needham
Needham
Buy
Maintains
$475
BuyMaintains$475+71.12%Oct 6, 2026
Citi
Citi
Buy
Maintains
$600
BuyMaintains$600+116.15%Oct 5, 2026
Piper Sandler
Piper Sandler
Hold
Reiterates
$325
HoldReiterates$325+17.08%Oct 2, 2026
Wells Fargo
Wells Fargo
Hold
Reiterates
$325
HoldReiterates$325+17.08%Sep 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
8.09B
from 5.48B
Increased by 47.69%
Revenue Next Year
10.23B
from 8.09B
Increased by 26.40%
EPS This Year
16.67
from 10.64
Increased by 56.62%
EPS Next Year
20.78
from 16.67
Increased by 24.65%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.79B2.82B1.84B3.22B5.48B8.09B
Revenue Growth
92.48%0.86%-34.62%75.05%69.99%47.69%
Gross Profit
1.81B1.56B1.49B2.70B4.82B7.14B
Gross Margin
64.62%55.41%80.64%83.85%87.86%88.25%
Operating Income
166.67M-19.51M772.41M1.91B4.15B6.34B
Net Income
35.45M-192.75M356.71M1.58B3.33B5.25B
EPS
----10.6416.67
EPS Growth
----87.03%56.62%
Forward PE
57.5541.8728.3758.5450.3916.65
Free Cash Flow
----3.95B5.19B
No. Analysts
-----31
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High8.3B
Avg8.1B
Low7.6B

Revenue Growth

Revenue Growth202620272028
High
50.8%
Avg
47.7%
Low
39.0%

EPS Forecast

EPS202620272028
High17.78
Avg16.67
Low15.65

EPS Growth

EPS Growth202620272028
High
67.1%
Avg
56.6%
Low
47.0%