AppLovin (APP)
(Delayed Data from NSDQ)
$86.43 USD
+1.74 (2.05%)
Updated May 10, 2024 04:00 PM ET
After-Market: $86.49 +0.06 (0.07%) 7:58 PM ET
1-Strong Buy of 5 1
D Value A Growth A Momentum B VGM
AppLovin (APP) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$75.01 | $105.00 | $28.00 | -11.43% |
Price Target
Based on short-term price targets offered by 15 analysts, the average price target for AppLovin comes to $75.01. The forecasts range from a low of $28.00 to a high of $105.00. The average price target represents a decline of 11.43% from the last closing price of $84.69.
Analyst Price Targets (15)
Broker Rating
AppLovin currently has an average brokerage recommendation (ABR) of 1.76 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 17 brokerage firms. The current ABR compares to an ABR of 1.75 a month ago based on 16 recommendations.
Of the 17 recommendations deriving the current ABR, 11 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 64.71% and 5.88% 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 | 1 | 1 | 0 | 0 | 0 |
Hold | 4 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 1.76 | 1.76 | 1.75 | 1.75 | 1.75 |
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 |
---|---|---|---|---|
5/9/2024 | Needham & Company | Bernie Mcternan | Hold | Hold |
4/15/2024 | Daiwa America | Jonathan Kees | Not Available | Moderate Buy |
4/11/2024 | Wedbush Securities | Nick Mckay | Strong Buy | Strong Buy |
2/27/2024 | BTIG | Clark W Lampen | Strong Buy | Strong Buy |
2/15/2024 | William Blair | Ralph E Schackart | Strong Buy | Strong Buy |
2/15/2024 | The Benchmark Company | Mark Zgutowicz | Strong Sell | Strong Sell |
10/17/2023 | Macquarie Capital Securities | Timothy W Nollen | 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 | 1.76 |
ABR (Last week) | 1.76 |
# of Recs in ABR | 17 |
Average Target Price | $75.88 |
LT Growth Rate | 20.00% |
Industry | Technology Services |
Industry Rank by ABR | 72 of 252 |
Current Quarter EPS Est: | 0.74 |