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Applovin APP

US equityMarket cap rank #145Advertising AgenciesAI application software
$318.48
+$3.23 (+1.02%)
Market open · Sep 24, 1:10 pm ET
After hours $313.66 -0.50%
Open$314.87
Prev close$315.25
Day range$308.24 – $320.45
Volume2.04M
Market cap$106.58B
P/E (TTM)24.5
Dividend yield

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

APP at a glance

APP last changed hands at $318.48 (up 1.02%). At $106.58B, Applovin is ranked #145 by size among the 300 stocks on BeStock.

It is close to the bottom of its 52-week range ($297.50 to $745.61), 57.3% under the high. Holders are behind 50.4% over twelve months, and down 31.5% across the last three months.

On the chart it has slipped under both the 50-day ($348.57) and 200-day ($470.16) moving averages; RSI is 42, and the last 30 sessions moved at roughly 45% annualized volatility.

In the quarter ended Jun 2026 the company brought in $1.92B of revenue, up 52.8% from a year earlier, with $1.27B of net profit (a 64.6% margin).

Valuation works out to 24.5 times trailing earnings. The median for its industry group is 32.6.

21 analysts follow the stock and the average call is "buy". The mean target, $516.80, sits 62.3% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Applovin: the business

AppLovin builds software that helps mobile app makers find users and sell ads, and it owns a portfolio of mobile games it has been shifting away from.

What tends to move it. Growth in its advertising platform, especially outside gaming, decides the valuation. The stock has moved sharply on earnings.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
+1.0%
1 week
-2.5%
1 month
+6.7%
3 months
-31.5%
6 months
-26.9%
Year to date
-52.7%
1 year
-50.4%
Day range
$308.24$320.45
52-week range
$297.50$745.61

Technical signals

Full technicals →
Trend readLeaning bearish

3 bullish · 4 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average+0.1%Bullish
Price vs 50-day average-8.6%Bearish
Price vs 200-day average-32.3%Bearish
50-day vs 200-day50d below 200dBearish
RSI (14)42.1Bearish
MACD (12,26,9)-7.00Bullish
Bollinger band position51%Bullish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$318.48 / $318.68
Average price today$314.27
Volume2.04MAvg (90d) 5.64M
Turnover$641.40M
Turnover rate0.80%of shares outstanding
Volume ratio0.57vs. recent average pace
Day amplitude3.87%
Market cap$106.58B
Float market cap$81.44B
Shares outstanding255.71M
EPS (TTM)$9.75
P/E (TTM)24.48
P/B33.69
Book value / share$9.45
Earnings yield1.38%
Net profit (TTM)$3.26B
Net assets$3.16B
30-day volatility44.9%annualized
Avg daily range (ATR)5.26%of price, 14 days
Max drawdown (1y)-59.3%-56.6% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How APP ranks on BeStock

Market value#145 of 300
P/E (cheapest = 1)#178 of 283
Closeness to 52-week high#298 of 300
Dollar volume today#57 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$1.92B+52.8% YoY
Operating profit$1.49B+56.0% YoY
Net profit$1.27B+54.5% YoY
Diluted EPS$3.76+57.3% YoY
Free cash flow$869.04M+12.5% YoY
Operating cash flow$869.04M

Revenue, last 8 quarters

$835.2MSep '24$999.5MDec '24$1.2BMar '25$1.3BJun '25$1.4BSep '25$1.7BDec '25$1.8BMar '26$1.9BJun '26

Net profit, last 8 quarters

$434.4MSep '24$599.2MDec '24$576.4MMar '25$819.5MJun '25$835.5MSep '25$1.1BDec '25$1.2BMar '26$1.3BJun '26

Profitability & balance sheet

Gross margin88.5%
Operating margin77.4%
Net margin64.6%
Return on equity203.7%
Return on assets62.0%
Return on invested capital80.7%
Current ratio4.30
Liabilities / assets61.7%
Cash & investments$3.05B
Total debt$3.52B
Net cash (debt)-$461.77M
Free cash flow / sales65.9%
Average move on report day±18.2%last 16 reports
Closed higher13 of 1681% of the time
Best reaction+46.3%
Worst reaction-19.7%

Stock move on the day after each report

+46.3%2024/Q3+24.0%2024/Q4+11.9%2025/Q1+12.0%2025/Q2+0.7%2025/Q3-19.7%2025/Q4+6.4%2026/Q1-19.7%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings24.3x
CheapRich

Below its usual level · 35th percentile, 5-year average -8.9x

#1836 of 2974 stocks by PE (1 = cheapest)

Price / book33.5x
CheapRich

Around its usual level · 56th percentile, 5-year average 53.3x

#5185 of 5302 stocks by PB (1 = cheapest)

Price / sales15.5x
CheapRich

Above its usual level · 63rd percentile, 5-year average 13.7x

#4581 of 5139 stocks by PS (1 = cheapest)

P/E over five years

-2,272x-1,154x-36x1,082xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$470.00
Price vs. fair value-32.2%Trading below the estimate
Star rating★★★★☆
Economic moatNarrow
UncertaintyVery High

Analyst view

All ratings →
ConsensusBuy
Analysts21
Average target$516.80+62.3% vs. price
  • Buy 81%
  • Hold 19%
Low $325.00Now $318.48Avg $516.80High $790.00

Latest rating actions

  • 14 Sep 2026Morgan StanleyBUY · PT $450.00
  • 13 Sep 2026Morgan StanleyBUY · PT $450.00
  • 11 Sep 2026CitiBUY · PT $600.00
  • 8 Sep 2026BTIGBUY · PT $396.00
  • 3 Sep 2026William BlairBUY

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership69.0%-0.12 pts vs. prior quarter
Institutions holding1,793-9 vs. prior quarter
Insider trades (recent)7 buys / 10 sellsNet selling
Short interest3.15% of floatDays to cover 2.2 · as of 31 Aug 2026
Short-sale volume share12.2%5-day average of daily volume

Short-sale volume as % of daily volume

9%11%14%16%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$88.72M (7 inflow days, 13 outflow days).

Latest headlines

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  • eole: The performance-based job advertising platform "HR Ads Platform" has begun integration with Imply Co., Ltd.'s job search app "Kyujin Kensaku for Hello Work."JPX · 9 Sep 2026
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  • Sumasapo: The resident app "totono" has begun collaborating with Seed Corporation, which provides emergency response services.JPX · 8 Sep 2026
  • BTIG Maintains Applovin(APP.US) With Buy Rating, Cuts Target Price to $396Market news · 8 Sep 2026
  • Branu: At construction sites, AI automatically assists in creating daily reports and documentation simply by taking photos. An AI assistant has been integrated into the "CAREECON Plus" smartphone app.JPX · 17 Sep 2026
  • Adventure: The "skyticket" app, a comprehensive travel booking site, has surpassed 26 million cumulative downloads! — The proportion of purchases made through the app is rising, and enhanced functionality improving convenience is driving further user growth.JPX · 17 Sep 2026

APP stock: common questions

Where is APP trading right now?

$318.48 is the latest print for APP, a move of +1.02% against yesterday's close of $315.25. Today's low and high so far: $308.24 and $320.45.

How big is Applovin?

Equity value comes to $106.58B at the current price. By that measure it is number 145 of the 300 names in our coverage.

How is Applovin valued against its profits?

Buyers pay 24.5 times the last twelve months of profit (EPS $9.75).

How far is APP from its yearly high?

The year's floor is $297.50 and the ceiling $745.61. Shares are 57.3% away from that ceiling.

Are there dividends on Applovin shares?

Our data shows no dividend paid by Applovin over the trailing twelve months.

Do Wall Street analysts like APP?

Of 21 analysts, 81% say buy, 19% hold and 0% sell. Price targets average $516.80, with the most cautious at $325.00 and the most optimistic at $790.00.

How does Applovin make money?

AppLovin builds software that helps mobile app makers find users and sell ads, and it owns a portfolio of mobile games it has been shifting away from.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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