APPAPPCommunication Services · Advertising Agencies

APP Stock Forecast: AppLovin Corp. Price Predictions for 2026-2027

Last close, 4 Sept 2026
$321
+2.23% on the day

The 33 Wall Street analysts covering AppLovin Corp. hold a median 12-month price target of $515 — +60.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 52 of 100 as at 5 Sept 2026 — in the upper half.

Market cap
$107.7B
Ticker Nerd rank
52 / 100
Median analyst target
$515
Analysts covering
33
Revenue$1.9B+52.8% y/y
Operating income$1.5B
Net income$1.3B
Free cash flow$869.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+0.9%
1M
−23.6%
YTD
−52.4%
1Y
−35.9%
From 52W high
−56.3%
From 52W low
+7.4%
$299
$734
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

APP stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores AppLovin Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 5 Sept 2026
52 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
100
Growth
87
Issuance
74
Value
53
Revisions
53
Accruals
39
Momentum
33
Volatility
16
Size
3

Quality (100): The business earns solid, repeatable profits on what it owns.

Volatility (16): The share price moves around a lot.

Size (3): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

APP stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on APP, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$300$400$500$600$700$800Oct 25Jan 26Apr 26Jul 26APPHigh $790Median $515Low $325

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says33 analysts
26 Buy7 Hold0 Sell
Low $325Median $515High $790

The green dot is the last close — the median target sits +60.7% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 0 moved their price target up and 11 moved it down.

DateFirmActionRatingTarget
1 Sept 2026Evercore ISI GroupMaintainsOutperform$630$510
26 Aug 2026NeedhamMaintainsBuy$500$475
21 Aug 2026Piper SandlerMaintainsNeutral$385$325
21 Aug 2026Piper SandlerMaintainsNeutral
19 Aug 2026Wells FargoMaintainsEqual-Weight$357$325
19 Aug 2026Wells FargoMaintainsEqual-Weight
17 Aug 2026BenchmarkMaintainsBuy$500$440
17 Aug 2026BenchmarkMaintainsBuy
12 Aug 2026BTIGMaintainsBuy$574$408
12 Aug 2026BTIGMaintainsBuy
11 Aug 2026B of A SecuritiesDowngradeNeutral
11 Aug 2026B of A SecuritiesDowngradeNeutral$430$400
7 Aug 2026CitigroupMaintainsBuy
7 Aug 2026CitigroupMaintainsBuy$710$650
6 Aug 2026B of A SecuritiesMaintainsBuy
6 Aug 2026B of A SecuritiesMaintainsBuy$705$430
6 Aug 2026BenchmarkMaintainsBuy$775$500
6 Aug 2026BenchmarkMaintainsBuy
6 Aug 2026BTIGMaintainsBuy$640$574
6 Aug 2026BTIGMaintainsBuy

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. APP appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

APP vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Sept 2026, AppLovin Corp. returned −35.9% against +20.0% for the S&P 500, dividends included.

APP vs S&P 500, last 12 monthsTotal return, rebased to 100
6080100120140Oct 25Jan 26Apr 26Jul 26APPS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

APP analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−2.5%
Analysts raising
6
Analysts cutting
14
Fundamentals

AppLovin Corp. (APP) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
24.6×

Cheaper than 31% of US stocks

Price / sales
15.8×

Cheaper than 11% of US stocks

Price / book
34.0×

Cheaper than 3% of US stocks

EV / EBITDA
19.9×

Cheaper than 16% of US stocks

Growth & margins
Revenue growth (YoY)
52.8%

Higher than 87% of US stocks

Earnings growth (YoY)
54.5%

Higher than 76% of US stocks

Gross margin
88.3%

Higher than 96% of US stocks

Operating margin
77.7%

Higher than 99% of US stocks

Net margin
64.6%

Higher than 97% of US stocks

Returns & dividend
Return on equity
203.7%

Higher than 98% of US stocks

Return on assets
46.5%

Higher than 99% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

AppLovin Corp. (APP) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • AppLovin Corp. has a market value of $107.7B and an enterprise value of $107.7B.

  • Revenue in the twelve months to 30 June 2026: $6.8B. The latest quarter grew 52.8% year on year.

  • Net income over the same four quarters: $4.4B, a 64.6% net margin.

  • Diluted earnings per share, trailing twelve months: $13.01.

  • Free cash flow in the twelve months to 30 June 2026: $4.5B.

  • AppLovin Corp. spent $2.5B on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 335.3M.

  • Trailing P/E: 24.6×; forward P/E: 15.3× — the forward figure prices analyst consensus estimates, not reported earnings.

  • AppLovin Corp. employs 876 people $7.8M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 8 Sept 2026

Data provided by Twelve Data

Peers

APP vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelAdvertising Agencies
CompanyMarket capTKN rank
APPAppLovin Corp.$107.7B
52
OMCOmnicom Group, Inc.$23.5B
46
TTDThe Trade Desk, Inc.$6.8B
43
SPOTSpotify Technology SA*$111.7B
71
CMCSAComcast Corp.*$96.5B
72
WBDWarner Bros. Discovery, Inc.*$70.8B
42
MGNIMagnite, Inc.$3.5B
79

* Nearest Communication Services names by size — few advertising agencies companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own AppLovin Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest APP news & analysis

AppLovin vs. Reddit: What Quarterly Revenue Growth Patterns Tell Investors About These Media Companies

The Motley Fool · 6 Sept 2026neutral

The Motley Fool published an analysis comparing quarterly revenue growth patterns of AppLovin and Reddit as media companies. The piece notes that AppLovin generates revenue primarily through a specialized digital software suite, including products like AppDiscovery, which helps mobile app developers market their digital assets globally.

Why it matters — The article highlights AppLovin's revenue growth trajectory and its core business model, which is relevant for investors tracking the company's performance relative to peers in the media sector.

Trade Desk Falls 4% on 15% Workforce Cut; AppLovin Ascends 3%, Magnite Pulls Back

24/7 Wall Street · 4 Sept 2026positive

In midday trading, ad-tech stocks diverged, with The Trade Desk falling about 4% following a 15% workforce cut, while AppLovin rose roughly 3% and Magnite pulled back. The SPDR S&P 500 ETF was down modestly over the same period.

Why it matters — AppLovin's ~3% gain while a major competitor announced layoffs highlights the divergent performance among ad-tech names that APP watchers would track.

AppLovin (APP) Down 6.6% Since Last Earnings Report: Can It Rebound?

Zacks Investment Research · 4 Sept 2026neutral

AppLovin reported earnings about 30 days ago, and its stock has declined 6.6% since that report. The article examines what might come next for the company's stock.

Why it matters — APP watchers would care because the piece assesses the stock's post-earnings performance and considers what may follow.

Can AppLovin's 53% Revenue Surge Keep Its Growth Streak Alive?

Zacks Investment Research · 3 Sept 2026positive

AppLovin reported a 53% revenue surge with record margins and provided a Q3 outlook that extends its growth streak. The company's ability to sustain advertiser demand is noted as key to keeping this momentum going.

Why it matters — APP watchers would care because the revenue surge, record margins, and upbeat outlook signal continued strong operating performance, with advertiser demand being the crucial factor to monitor.

AppLovin's Algorithmic Moat Is Vulnerable, Says Investor: Why $1.9B Quarterly Revenue Isn't Enough to Justify a Buy

24/7 Wall Street · 3 Sept 2026negative

Two disciplined investors studied AppLovin's business model, which generates $1.9 billion quarterly revenue and 84% margins, and declined to invest because they view the company's algorithmic advantage as a vulnerable rather than durable moat.

Why it matters — AppLovin watchers would care because the item questions whether the company's core competitive edge can be sustained as a long-term economic moat.

FAQ

Frequently asked questions about APP stock

What is the APP stock price forecast for 2026-2027?

The 33 Wall Street analysts covering AppLovin Corp. have a median 12-month price target of $515, with estimates ranging from $325 to $790. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is APP stock a buy right now?

Of the 33 analysts covering AppLovin Corp., 26 rate it a Buy, 7 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks AppLovin Corp. 52 out of 100 across roughly 4,600 US stocks as at 5 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank APP?

As at 5 Sept 2026, AppLovin Corp. ranks 52 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (100 of 100).

Will APP stock go up?

No one can know that. What the data says: the median 12-month target from 33 analysts implies +60.7% from the last close, and Ticker Nerd's factor model ranks AppLovin Corp. 52 out of 100 as at 5 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the APP stock forecast for 2030?

No analyst covering AppLovin Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for APP are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $325 to $790 over the next 12 months.

How has APP stock performed over the past year?

AppLovin Corp. returned -35.9% over the 12 months to 4 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does AppLovin Corp. do?

AppLovin Corporation Class A Common Stock is the equity security representing ownership in AppLovin Corporation, a marketing technology company based in Palo Alto, California. AppLovin develops software and artificial intelligence tools that help mobile app developers and advertisers acquire users, monetize content, and analyze campaign performance.

What is the latest news on APP?

The most recent item we track (The Motley Fool, 6 Sept 2026): "AppLovin vs. Reddit: What Quarterly Revenue Growth Patterns Tell Investors About These Media Companies". The Motley Fool published an analysis comparing quarterly revenue growth patterns of AppLovin and Reddit as media companies. The piece notes that AppLovin generates revenue primarily through a specialized digital software suite, including products like AppDiscovery, which helps mobile app developers market their digital assets globally.

Company

About AppLovin Corp.

AppLovin Corporation Class A Common Stock is the equity security representing ownership in AppLovin Corporation, a marketing technology company based in Palo Alto, California. AppLovin develops software and artificial intelligence tools that help mobile app developers and advertisers acquire users, monetize content, and analyze campaign performance. Its current product suite includes AppDiscovery, MAX, Adjust, Axon Ads Manager, and SparkLabs, which are used across mobile advertising, app monetization, and performance marketing workflows. The company serves businesses operating in mobile apps, gaming, and digital advertising, where its platform connects advertisers with publishers and supports both demand-side and supply-side activities. AppLovin’s Class A shares reflect participation in a company positioned at the center of the mobile app ecosystem, where software, data, and automation are used to improve marketing efficiency and audience growth.

CEO Mr. Adam Arash Foroughi · 876 employees · United States · https://www.applovin.com