Wedbush Comments on AppLovin’s Q2 Earnings (NASDAQ:APP)

AppLovin Corporation (NASDAQ:APP) – Wedbush issued their Q2 2025 earnings per share (EPS) estimates for shares of AppLovin in a research report issued to clients and investors on Monday, July 28th. Wedbush analyst A. Reese anticipates that the company will earn $2.09 per share for the quarter. Wedbush has a “Strong-Buy” rating on the stock. The consensus estimate for AppLovin’s current full-year earnings is $6.87 per share. Wedbush also issued estimates for AppLovin’s FY2025 earnings at $8.39 EPS.

AppLovin (NASDAQ:APP) last released its quarterly earnings results on Wednesday, May 7th. The company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.22. The firm had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.38 billion. AppLovin had a net margin of 37.38% and a return on equity of 224.65%. The business’s revenue was up 40.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.67 EPS.

Several other research firms have also weighed in on APP. Wells Fargo & Company raised their price objective on AppLovin from $386.00 to $405.00 and gave the company an “overweight” rating in a research note on Thursday, May 8th. Oppenheimer reiterated an “outperform” rating and set a $500.00 price objective (down from $560.00) on shares of AppLovin in a research report on Thursday, May 8th. Citigroup restated a “buy” rating on shares of AppLovin in a research report on Thursday, May 29th. JPMorgan Chase & Co. upped their price target on shares of AppLovin from $355.00 to $400.00 and gave the stock a “neutral” rating in a report on Tuesday, June 3rd. Finally, Wall Street Zen raised AppLovin from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating, seventeen have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $447.57.

AppLovin Price Performance

Shares of NASDAQ APP opened at $363.31 on Wednesday. The stock has a market capitalization of $122.94 billion, a PE ratio of 65.58, a P/E/G ratio of 2.15 and a beta of 2.42. AppLovin has a fifty-two week low of $60.67 and a fifty-two week high of $525.15. The company has a debt-to-equity ratio of 6.10, a current ratio of 1.68 and a quick ratio of 1.68. The business has a fifty day moving average price of $362.17 and a two-hundred day moving average price of $336.61.

Institutional Investors Weigh In On AppLovin

Several hedge funds have recently bought and sold shares of APP. Vanguard Group Inc. raised its position in AppLovin by 7.3% during the first quarter. Vanguard Group Inc. now owns 17,830,675 shares of the company’s stock worth $4,724,594,000 after acquiring an additional 1,213,536 shares during the period. FMR LLC boosted its position in shares of AppLovin by 75.5% during the 4th quarter. FMR LLC now owns 13,851,122 shares of the company’s stock valued at $4,485,409,000 after acquiring an additional 5,957,885 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of AppLovin by 36.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,588,483 shares of the company’s stock valued at $1,745,752,000 after buying an additional 1,769,400 shares during the period. Baillie Gifford & Co. raised its position in AppLovin by 29.0% in the first quarter. Baillie Gifford & Co. now owns 5,270,355 shares of the company’s stock valued at $1,396,486,000 after purchasing an additional 1,185,859 shares during the period. Finally, Geode Capital Management LLC raised its holdings in AppLovin by 14.5% in the 4th quarter. Geode Capital Management LLC now owns 4,519,445 shares of the company’s stock valued at $1,462,144,000 after buying an additional 573,310 shares during the period. Hedge funds and other institutional investors own 41.85% of the company’s stock.

Insider Activity at AppLovin

In other AppLovin news, Director Herald Y. Chen sold 171,420 shares of AppLovin stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $373.77, for a total transaction of $64,071,653.40. Following the completion of the sale, the director owned 221,209 shares of the company’s stock, valued at approximately $82,681,287.93. The trade was a 43.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Vasily Shikin sold 34,766 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $353.64, for a total transaction of $12,294,648.24. Following the completion of the transaction, the chief technology officer owned 70,889 shares in the company, valued at approximately $25,069,185.96. This trade represents a 32.91% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,212,968 shares of company stock valued at $455,062,980. Company insiders own 13.66% of the company’s stock.

AppLovin Company Profile

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.