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AppLovin (APP) Falls More Steeply Than Broader Market: What Investors Need to Know
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AppLovin (APP - Free Report) closed the most recent trading day at $270.71, moving -2.28% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.06%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq lost 0.44%.
The mobile app technology company's stock has dropped by 14.48% in the past month, falling short of the Business Services sector's loss of 0.6% and the S&P 500's gain of 2.36%.
The investment community will be closely monitoring the performance of AppLovin in its forthcoming earnings report. The company is scheduled to release its earnings on November 4, 2026. The company is predicted to post an EPS of $3.95, indicating a 61.22% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $2.08 billion, indicating a 47.82% growth compared to the corresponding quarter of the prior year.
APP's full-year Zacks Consensus Estimates are calling for earnings of $15.72 per share and revenue of $8.1 billion. These results would represent year-over-year changes of +56.57% and +39.49%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for AppLovin. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.22% rise in the Zacks Consensus EPS estimate. AppLovin is holding a Zacks Rank of #4 (Sell) right now.
In terms of valuation, AppLovin is currently trading at a Forward P/E ratio of 17.62. This represents a premium compared to its industry average Forward P/E of 15.88.
Meanwhile, APP's PEG ratio is currently 0.58. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Technology Services industry had an average PEG ratio of 1.23.
The Technology Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 159, putting it in the bottom 36% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
View the Zacks #1 Rank List
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AppLovin (APP) Falls More Steeply Than Broader Market: What Investors Need to Know
AppLovin (APP - Free Report) closed the most recent trading day at $270.71, moving -2.28% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.06%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq lost 0.44%.
The mobile app technology company's stock has dropped by 14.48% in the past month, falling short of the Business Services sector's loss of 0.6% and the S&P 500's gain of 2.36%.
The investment community will be closely monitoring the performance of AppLovin in its forthcoming earnings report. The company is scheduled to release its earnings on November 4, 2026. The company is predicted to post an EPS of $3.95, indicating a 61.22% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $2.08 billion, indicating a 47.82% growth compared to the corresponding quarter of the prior year.
APP's full-year Zacks Consensus Estimates are calling for earnings of $15.72 per share and revenue of $8.1 billion. These results would represent year-over-year changes of +56.57% and +39.49%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for AppLovin. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.22% rise in the Zacks Consensus EPS estimate. AppLovin is holding a Zacks Rank of #4 (Sell) right now.
In terms of valuation, AppLovin is currently trading at a Forward P/E ratio of 17.62. This represents a premium compared to its industry average Forward P/E of 15.88.
Meanwhile, APP's PEG ratio is currently 0.58. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Technology Services industry had an average PEG ratio of 1.23.
The Technology Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 159, putting it in the bottom 36% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.