APPLOVIN CORP-CLASS A (APP) Forecast, Price Target & Analyst Ratings

NASDAQ:APP • US03831W1080

Current stock price

415.535 USD
+24.16 (+6.17%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for APPLOVIN CORP-CLASS A (APP).

Forecast Snapshot

Consensus Price Target

Price Target
$667.00
+ 60.52% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
$3.42
Revenue Estimate
1.78B

ChartMill Buy Consensus

Rating
82.94%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$667.00
Upside
+ 60.52%
From current price of $415.54 to mean target of $667.00, Based on 34 analyst forecasts
Low
$343.40
Median
$671.99
High
$903.00

Price Target Revisions

1 Month
-2.44%
3 Months
-9.94%

Price Target Summary

34 Wall Street analysts provided a forecast for the next 12 months for APP. The average price target is 667 USD. This implies a price increase of 60.52% is expected in the next year compared to the current price of 415.535.
The average price target has been revised downward by 9.94% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

APP Current Analyst RatingAPP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15 20

Analyst Ratings History

APP Historical Analyst RatingsAPP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
82.94%
APP was analyzed by 34 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about APP.
In the previous month the buy percentage consensus was at a similar level.
APP was analyzed by 34 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-06Wells FargoMaintains Overweight -> Overweight
2026-03-11NeedhamReiterate Buy -> Buy
2026-03-05OppenheimerMaintains Outperform -> Outperform
2026-02-12ScotiaBankMaintains Sector Outperform -> Sector Outperform
2026-02-12BTIGMaintains Buy -> Buy
2026-02-12UBSMaintains Buy -> Buy
2026-02-12NeedhamReiterate Buy -> Buy
2026-02-12RBC CapitalReiterate Outperform -> Outperform
2026-02-12WedbushMaintains Outperform -> Outperform
2026-02-12Wells FargoMaintains Overweight -> Overweight
2026-02-12Goldman SachsMaintains Neutral -> Neutral
2026-02-12Piper SandlerReiterate Overweight -> Overweight
2026-02-12CitigroupMaintains Buy -> Buy
2026-02-12JefferiesMaintains Buy -> Buy
2026-02-10UBSMaintains Buy -> Buy
2026-01-26NeedhamUpgrade Hold -> Buy
2026-01-14Evercore ISI GroupInitiate Outperform
2026-01-13Morgan StanleyMaintains Overweight -> Overweight
2026-01-08Wells FargoMaintains Overweight -> Overweight
2025-12-11BenchmarkMaintains Buy -> Buy
2025-12-11JefferiesMaintains Buy -> Buy
2025-11-12CitigroupMaintains Buy -> Buy
2025-11-07Wells FargoMaintains Overweight -> Overweight
2025-11-07Goldman SachsMaintains Neutral -> Neutral
2025-11-06ScotiaBankMaintains Sector Outperform -> Sector Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
$3.42
Revenue Estimate
1.78B
Revenue Q2Q
19.94%
EPS Q2Q
54.23%
Number of Analysts
22

Next Earnings Revisions

Revenue (1 Month)
0.11%
Revenue (3 Months)
4.58%
EPS (1 Month)
0.00%
EPS (3 Months)
7.83%

Next Earnings Summary

APP is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is 3.42 USD and the consensus revenue estimate is 1.78B USD.
The next earnings revenue estimate has been revised upward by 4.58% in the past 3 months.

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
APP revenue by date.APP revenue by date.
3.283B
16.54%
4.709B
43.44%
5.481B
16.38%
8.08B
47.43%
10.418B
28.94%
12.996B
24.75%
14.693B
13.06%
17.159B
16.78%
24.313B
41.69%
28.111B
15.62%
31.975B
13.75%
EBITDA
YoY % growth
APP ebitda by date.APP ebitda by date.
1.137B
81.32%
2.322B
104.20%
4.347B
87.19%
6.76B
55.52%
8.782B
29.91%
10.986B
25.10%
12.426B
13.11%
14.802B
19.12%
17.241B
16.48%
19.85B
15.13%
22.425B
12.97%
EBIT
YoY % growth
APP ebit by date.APP ebit by date.
648.207M
709.16%
1.873B
189.02%
4.152B
121.62%
6.206B
49.47%
7.534B
21.40%
10.58B
40.43%
10.714B
1.27%
12.491B
16.59%
16.194B
29.65%
18.746B
15.76%
21.343B
13.85%
Operating Margin
APP operating margin by date.APP operating margin by date.
19.74%39.78%75.76%76.81%72.32%81.41%72.92%72.80%66.61%66.69%66.75%
EPS
YoY % growth
APP eps by date.APP eps by date.
1.00
292.31%
4.54
354.00%
10.30
126.87%
15.74
52.77%
20.49
30.19%
25.88
26.36%
25.97
0.32%
31.55
21.51%
37.36
18.41%
43.32
15.95%
49.38
13.99%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth
3.42
54.23%
3.64
52.48%
4.02
63.92%
4.63
42.75%
4.72
37.88%
4.95
35.88%
5.37
33.79%
6.36
37.48%
6.68
41.48%
6.84
38.15%
7.47
39.10%
8.90
40.04%
Revenue
Q2Q % growth
1.78B
19.94%
1.897B
50.70%
2.053B
46.12%
2.334B
40.78%
2.357B
32.42%
2.475B
30.47%
2.662B
29.66%
3.023B
29.52%
3.092B
31.18%
3.209B
29.66%
3.535B
32.79%
4.043B
33.74%
EBITDA
Q2Q % growth
1.494B
60.25%
1.588B
46.41%
1.72B
38.59%
1.961B
33.42%
1.862B
24.63%
2.09B
31.61%
2.255B
31.10%
2.581B
31.62%
2.613B
40.33%
2.704B
29.38%
2.972B
31.80%
3.428B
32.82%
EBIT
Q2Q % growth
1.388B
62.83%
1.497B
56.31%
1.63B
51.06%
1.87B
46.67%
1.824B
31.41%
1.91B
27.59%
2.066B
26.75%
2.396B
28.13%
2.496B
36.84%
2.586B
35.39%
2.856B
38.24%
3.307B
38.02%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

APP Yearly Revenue VS EstimatesAPP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 10B 20B 30B
APP Yearly EPS VS EstimatesAPP Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 10 20 30 40

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
35.96%
EPS Next 5 Year
25.09%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
31.16%
Revenue Next 5 Year
24.40%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
39.68%
EBIT Next 5 Year
29.71%

APPLOVIN CORP-CLASS A / APP Forecast FAQ

Can you provide the average price target for APPLOVIN CORP-CLASS A stock?

34 analysts have analysed APP and the average price target is 667 USD. This implies a price increase of 60.52% is expected in the next year compared to the current price of 415.535.

When does APPLOVIN CORP-CLASS A (APP) report earnings?

APPLOVIN CORP-CLASS A (APP) will report earnings on 2026-05-06, after the market close.

Can you provide the consensus estimates for APPLOVIN CORP-CLASS A next earnings?

The consensus EPS estimate for the next earnings of APPLOVIN CORP-CLASS A (APP) is 3.42 USD and the consensus revenue estimate is 1.78B USD.

What is the expected long term growth rate for APPLOVIN CORP-CLASS A (APP)?

The expected long term growth rate for APPLOVIN CORP-CLASS A (APP) is 31.16%.