AppLovin Stock Forecast

Stock Price Forecast

According to 32 analysts polled by S&P Global, AppLovin stock has a consensus rating of "Buy" and an average price target of $560.83. The average 1-year stock price forecast is 61.72% higher than the current stock price, while the lowest is $357 (+2.94%) and the highest is $860 (+147.98%).

Price Target: $560.83 (+61.72%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$357	$560.83	$574.5	$860
Change	+2.94%	+61.72%	+65.66%	+147.98%

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	21
Buy	6	6	7	7	7	6
Hold	4	4	4	3	3	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	27	30	32	32	32	32

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jason Bazinet Citi	Citi	Buy Maintains $710 → $650	Buy	Maintains	$710 → $650	+87.43%	Aug 7, 2026
Nat Schindler Scotiabank	Scotiabank	Buy Maintains $775 → $515	Buy	Maintains	$775 → $515	+48.50%	Aug 6, 2026
Benjamin Black CFA Deutsche Bank	Deutsche Bank	Buy Maintains $660 → $580	Buy	Maintains	$660 → $580	+67.24%	Aug 6, 2026
Michael Pachter Wedbush	Wedbush	Buy Maintains $640 → $610	Buy	Maintains	$640 → $610	+75.89%	Aug 6, 2026
Mike Hickey Benchmark Co.	Benchmark Co.	Buy Maintains $775 → $500	Buy	Maintains	$775 → $500	+44.18%	Aug 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

8.17B

from 5.48B

49.04%

from 5.48B

Revenue Next Year

10.47B

from 8.17B

28.21%

from 8.17B

EPS This Year

17.78

from 10.64

67.06%

from 10.64

EPS Next Year

21.28

from 17.78

19.70%

from 17.78

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	8.17B
Revenue Growth	92.48%	0.86%	-34.62%	75.05%	69.99%	49.04%
Gross Profit	1.81B	1.56B	1.49B	2.70B	4.82B	7.22B
Gross Margin	64.62%	55.41%	80.64%	83.85%	87.86%	88.45%
Operating Income	166.67M	-19.51M	772.41M	1.91B	4.15B	6.35B
Net Income	35.45M	-192.75M	356.71M	1.58B	3.33B	5.30B
EPS	-	-	-	-	10.64	17.78
EPS Growth	-	-	-	-	87.03%	67.06%
Forward PE	57.55	41.87	28.37	58.54	50.39	19.51
Free Cash Flow	-721.97M	1.42B	654.69M	1.29B	2.70B	5.42B
No. Analysts	-	-	-	-	-	22

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	8.3B
Avg	8.2B
Low	7.8B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	51.4%
Avg	49.0%
Low	42.0%

EPS Forecast

Chart

EPS	2026	2027	2028
High	17.78
Avg	17.78
Low	17.78

EPS Growth

Chart

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