William Blair Issues Positive Estimate for AppLovin Earnings

AppLovin Co. (NASDAQ:APP) – Research analysts at William Blair increased their Q2 2025 EPS estimates for shares of AppLovin in a research note issued on Wednesday, May 7th. William Blair analyst R. Schackart now anticipates that the company will earn $2.14 per share for the quarter, up from their previous estimate of $1.46. The consensus estimate for AppLovin’s current full-year earnings is $6.87 per share. William Blair also issued estimates for AppLovin’s Q3 2025 earnings at $2.37 EPS, Q4 2025 earnings at $2.80 EPS, FY2025 earnings at $8.98 EPS, Q1 2026 earnings at $3.04 EPS, Q2 2026 earnings at $3.11 EPS, Q3 2026 earnings at $3.34 EPS, Q4 2026 earnings at $3.74 EPS and FY2026 earnings at $13.24 EPS.

AppLovin (NASDAQ:APP) last released its earnings results on Wednesday, May 7th. The company reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.45 by $0.22. The company had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.38 billion. AppLovin had a net margin of 33.54% and a return on equity of 188.55%. The firm’s quarterly revenue was up 40.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.67 EPS.

A number of other equities research analysts also recently commented on APP. The Goldman Sachs Group increased their price objective on shares of AppLovin from $335.00 to $435.00 and gave the company a “neutral” rating in a research report on Friday. Citigroup increased their price objective on shares of AppLovin from $460.00 to $600.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th. HSBC set a $436.00 price objective on shares of AppLovin and gave the company a “buy” rating in a research report on Wednesday, April 23rd. Needham & Company LLC reissued a “hold” rating on shares of AppLovin in a research report on Monday, April 21st. Finally, Wells Fargo & Company increased their price objective on shares of AppLovin from $386.00 to $405.00 and gave the company an “overweight” rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $433.85.

AppLovin Price Performance

AppLovin stock opened at $328.79 on Monday. The firm has a market cap of $111.77 billion, a PE ratio of 72.42, a price-to-earnings-growth ratio of 3.02 and a beta of 2.39. AppLovin has a 52-week low of $60.67 and a 52-week high of $525.15. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 3.70. The company’s 50 day moving average is $275.55 and its two-hundred day moving average is $312.65.

Insider Buying and Selling

In other news, Director Herald Y. Chen sold 200,000 shares of the firm’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $324.65, for a total value of $64,930,000.00. Following the completion of the sale, the director now owns 621,209 shares in the company, valued at approximately $201,675,501.85. This trade represents a 24.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Arash Adam Foroughi sold 45,000 shares of the firm’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $422.21, for a total transaction of $18,999,450.00. Following the completion of the sale, the chief executive officer now owns 2,914,492 shares of the company’s stock, valued at $1,230,527,667.32. This trade represents a 1.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 306,900 shares of company stock worth $106,401,841 in the last 90 days. Company insiders own 14.69% of the company’s stock.

Institutional Trading of AppLovin

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Oxinas Partners Wealth Management LLC acquired a new stake in shares of AppLovin in the fourth quarter valued at about $1,081,000. Barclays PLC lifted its stake in shares of AppLovin by 92.5% in the third quarter. Barclays PLC now owns 318,992 shares of the company’s stock valued at $41,643,000 after purchasing an additional 153,248 shares during the period. Tcfg Wealth Management LLC acquired a new stake in shares of AppLovin in the fourth quarter valued at about $369,000. Caprock Group LLC lifted its stake in shares of AppLovin by 42.2% in the fourth quarter. Caprock Group LLC now owns 42,146 shares of the company’s stock valued at $13,648,000 after purchasing an additional 12,500 shares during the period. Finally, Aaron Wealth Advisors LLC acquired a new stake in shares of AppLovin in the fourth quarter valued at about $382,000. Institutional investors and hedge funds own 41.85% 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.