AppLovin (APP)
(Delayed Data from NSDQ)
$116.25 USD
+3.67 (3.26%)
Updated Sep 16, 2024 04:00 PM ET
After-Market: $116.50 +0.25 (0.22%) 7:58 PM ET
1-Strong Buy of 5 1
F Value A Growth F Momentum C VGM
AppLovin (APP) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$91.48 | $120.00 | $53.20 | -18.74% |
Price Target
Based on short-term price targets offered by 15 analysts, the average price target for AppLovin comes to $91.48. The forecasts range from a low of $53.20 to a high of $120.00. The average price target represents a decline of 18.74% from the last closing price of $112.58.
Analyst Price Targets (15)
Broker Rating
AppLovin currently has an average brokerage recommendation (ABR) of 1.75 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 16 brokerage firms. The current ABR compares to an ABR of 1.75 a month ago based on 16 recommendations.
Of the 16 recommendations deriving the current ABR, 11 are Strong Buy, representing 68.75% of all recommendations. A month ago, Strong Buy represented 68.75%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 11 | 11 | 11 | 11 | 11 |
Buy | 0 | 0 | 0 | 0 | 1 |
Hold | 4 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 1.75 | 1.75 | 1.75 | 1.75 | 1.76 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/13/2024 | BTIG | Clark W Lampen | Strong Buy | Strong Buy |
9/10/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/23/2024 | The Benchmark Company | Mark Zgutowicz | Strong Sell | Strong Sell |
8/8/2024 | Macquarie Capital Securities | Timothy W Nollen | Strong Buy | Strong Buy |
8/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/7/2024 | William Blair | Ralph E Schackart | Strong Buy | Strong Buy |
7/29/2024 | Wedbush Securities | Nick Mckay | Strong Buy | Strong Buy |
5/10/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/9/2024 | Needham & Company | Bernie Mcternan | Hold | Hold |
5/9/2024 | Goldman Sachs | Eric J Sheridan | Strong Buy | Strong Buy |
5/8/2024 | UBS | John C Hodulik | Hold | Hold |
5/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
12/18/2023 | Not Identified | Not Identified | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.75 |
ABR (Last week) | 1.75 |
# of Recs in ABR | 16 |
Average Target Price | $91.48 |
LT Growth Rate | 20.00% |
Industry | Technology Services |
Industry Rank by ABR | 70 of 253 |
Current Quarter EPS Est: | 0.89 |
APP FAQs
AppLovin Corporation (APP) currently has an average brokerage recommendation (ABR) of 1.75 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 16 brokerage firms.
The average price target for AppLovin Corporation (APP) is $91.48. The current on short-term price targets is based on 6 reports.
The forecasts for AppLovin Corporation (APP) range from a low of $53.2 to a high of $120. The average price target represents a decline of $18.74 from the last closing price of $112.58.
The current DOWNSIDE for AppLovin Corporation (APP) is 18.74%
Based on short-term price targets offered by 15 analysts, the average price target for AppLovin comes to $91.48. The forecasts range from a low of $53.20 to a high of $120.00. The average price target represents a decline of 18.74% from the last closing price of $112.58.