AppLovin Corporation (APP)
NASDAQ: APP · Real-Time Price · USD
424.54
-9.94 (-2.29%)
At close: Jul 17, 2026, 4:00 PM EDT
424.94
+0.39 (0.09%)
After-hours: Jul 17, 2026, 7:59 PM EDT

AppLovin Stock Forecast

Stock Price Forecast

According to 32 analysts polled by S&P Global, AppLovin stock has a consensus rating of "Strong Buy" and an average price target of $654.6. The average 1-year stock price forecast is 54.19% higher than the current stock price, while the lowest is $406 (-4.37%) and the highest is $860 (+102.57%).

Price Target: $654.6 (+54.19%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$406$654.6$660$860
Change-4.37%+54.19%+55.46%+102.57%

Analyst Ratings

The average analyst rating for AppLovin stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy171720212222
Buy766777
Hold344433
Sell000000
Strong Sell100000
Total282730323232

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$705
BuyReiterates$705+66.06%Jul 13, 2026
Jefferies
Jefferies
Buy
Maintains
$700
BuyMaintains$700+64.88%Jul 10, 2026
Piper Sandler
Piper Sandler
Buy
Maintains
$665
BuyMaintains$665+56.64%Jul 7, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$571$575
BuyReiterates$571$575+35.44%Jul 7, 2026
BTIG
BTIG
Buy
Maintains
$640
BuyMaintains$640+50.75%Jul 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
8.19B
from 5.48B
Increased by 49.52%
Revenue Next Year
10.63B
from 8.19B
Increased by 29.70%
EPS This Year
16.57
from 10.64
Increased by 55.69%
EPS Next Year
21.67
from 16.57
Increased by 30.80%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.79B2.82B1.84B3.22B5.48B8.19B
Revenue Growth
92.48%0.86%-34.62%75.05%69.99%49.52%
Gross Profit
1.81B1.56B1.49B2.70B4.82B7.22B
Gross Margin
64.62%55.41%80.64%83.85%87.86%88.15%
Operating Income
166.67M-19.51M772.41M1.91B4.15B6.37B
Net Income
35.45M-192.75M356.71M1.58B3.33B5.42B
EPS
----10.6416.57
EPS Growth
----87.03%55.69%
Forward PE
57.5541.8728.3758.5450.3925.62
Free Cash Flow
-721.97M1.42B654.69M1.29B2.70B5.61B
No. Analysts
-----29
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High8.6B
Avg8.2B
Low7.6B

Revenue Growth

Revenue Growth202620272028
High
57.1%
Avg
49.5%
Low
39.0%

EPS Forecast

EPS202620272028
High18.01
Avg16.57
Low15.58

EPS Growth

EPS Growth202620272028
High
69.2%
Avg
55.7%
Low
46.4%