AppLovin Corporation (APP)
NASDAQ: APP · Real-Time Price · USD
477.08
+31.15 (6.99%)
At close: Jun 26, 2026, 4:00 PM EDT
476.32
-0.76 (-0.16%)
After-hours: Jun 26, 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 $650.3. The average 1-year stock price forecast is 36.31% higher than the current stock price, while the lowest is $406 (-14.90%) and the highest is $860 (+80.26%).

Price Target: $650.3 (+36.31%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$406$650.3$660$860
Change-14.90%+36.31%+38.34%+80.26%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy171717202121
Buy776677
Hold234444
Sell100000
Strong Sell110000
Total282827303232

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Buy
Maintains
$720
BuyMaintains$720+50.92%Jun 12, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$705
BuyReiterates$705+47.77%Jun 10, 2026
Edgewater Research
Edgewater Research
Buy
Upgrades
n/a
BuyUpgradesn/an/aJun 5, 2026
Citi
Citi
Buy
Reiterates
$710
BuyReiterates$710+48.82%Jun 1, 2026
Needham
Needham
Buy
Maintains
$700
BuyMaintains$700+46.73%May 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
8.20B
from 5.48B
Increased by 49.65%
Revenue Next Year
10.66B
from 8.20B
Increased by 30.01%
EPS This Year
16.67
from 10.64
Increased by 56.64%
EPS Next Year
21.93
from 16.67
Increased by 31.53%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.79B2.82B1.84B3.22B5.48B8.20B
Revenue Growth
92.48%0.86%-34.62%75.05%69.99%49.65%
Gross Profit
1.81B1.56B1.49B2.70B4.82B7.22B
Gross Margin
64.62%55.41%80.64%83.85%87.86%88.07%
Operating Income
166.67M-19.51M772.41M1.91B4.15B6.37B
Net Income
35.45M-192.75M356.71M1.58B3.33B5.43B
EPS
----10.6416.67
EPS Growth
----87.03%56.64%
Forward PE
57.5541.8728.3758.5450.3928.62
Free Cash Flow
-721.97M1.42B654.69M1.29B2.70B5.51B
No. Analysts
-----28
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
49.7%
Low
39.0%

EPS Forecast

EPS202620272028
High18.01
Avg16.67
Low15.58

EPS Growth

EPS Growth202620272028
High
69.2%
Avg
56.6%
Low
46.4%