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AppLovin Corporation (APP)

237.17 -17.74 (-6.96%)
As of 10:19:55 AM EDT. Market Open.
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What's happening with APP?

4m ago
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AppLovin faces a divided setup before its November 4, 2026 earnings report. Revenue and earnings expectations remain strong, but downward estimate revisions and a Zacks Rank #4 (Sell)contrast with bullish brokerage ratings and long-term valuation arguments. The shares are down 6.47% in the current regular session, according to the authoritative market data provided.

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  • Previous Close 254.91
  • Open 242.08
  • Bid 258.03 x 500
  • Ask 265.10 x 500
  • Day's Range 234.18 - 242.45
  • 52 Week Range 234.18 - 738.01
  • Volume 1,369,174
  • Avg. Volume 5,258,907
  • Market Cap (intraday) 79.675B
  • Beta (5Y Monthly) 2.56
  • PE Ratio (TTM) 18.23
  • EPS (TTM) 13.01
  • Earnings Date Nov 4, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 452.95
  • Morningstar Rating Rating available with Stock Picks access

AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. It operates through two segments, Advertising and Apps. The company offers Axon Ads Manager, a suite of marketing solutions that enables developers to automate, optimize, and manage marketing efforts; MAX, an in-app bidding technology that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform; and Wurl, a connected TV platform, which distributes streaming video for content companies, provides advertising and publishing solutions. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, and indie studio developers. The company was incorporated in 2011 and is headquartered in Palo Alto, California.

www.applovin.com

876

Full Time Employees

December 31

Fiscal Year Ends

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

APP
64.80%
S&P 500 (^GSPC)
11.11%

1-Year Return

APP
61.78%
S&P 500 (^GSPC)
11.49%

3-Year Return

APP
545.71%
S&P 500 (^GSPC)
82.54%

5-Year Return

APP
141.39%
S&P 500 (^GSPC)
65.16%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 1.92B
Earnings 1.27B
Profit Margin 65.84%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
500M
1B
2B
60.0%
62.0%
64.0%
66.0%

Analyst Insights

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Analyst Price Targets

325.00
452.95 Average
237.17 Current
625.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/28/2026
Analyst UBS
Rating Action Maintains
Rating Buy
Price Action Lowers
Price Target 790 -> 414

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    64.58%

  • Return on Assets (ttm)

    46.46%

  • Return on Equity (ttm)

    203.69%

  • Revenue (ttm)

    6.83B

  • Net Income Avi to Common (ttm)

    4.41B

  • Diluted EPS (ttm)

    13.01

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    3.05B

  • Total Debt/Equity (mrq)

    111.13%

  • Levered Free Cash Flow (ttm)

    3.18B

Company Insights

Research Reports

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