AppLovin Corporation

(NASDAQ Global Select)
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Bullish +65

AppLovin Corporation (NASDAQ:APP) Receives Consensus Rating of ...

AI-generated analysis

πŸ“Š AppLovin received a consensus 'Moderate Buy' rating from 23 analysts with an average 12-month target price of $669.62.

πŸ’° The company beat Q1 earnings estimates, reporting $3.56 EPS and $1.84 billion in revenue.

πŸ“ˆ Revenue grew 58.9% year-over-year with a net margin of 64.29% and ROE of 219.37%.

🏦 Citigroup reissued a 'buy' rating, while Morgan Stanley restated an 'overweight' rating recently.

πŸ“‰ Director Eduardo Vivas sold 163,910 shares for $82.6 million on June 16th.

πŸ“‰ CFO Matthew Stumpf sold 9,052 shares for $5.4 million on May 28th.

πŸ’Έ Insiders have sold a total of 389,924 shares worth $195.7 million over the last 90 days.

πŸ›οΈ Institutional ownership stands at 41.85% with several firms adding new stakes in Q4.

Bullish Signals
  • AppLovin reported earnings of $3.56 per share, surpassing the consensus estimate of $3.44 by $0.12.
  • Revenue reached $1.84 billion, exceeding analyst expectations of $1.77 billion for the quarter.
  • The company achieved a robust net margin of 64.29% and an impressive return on equity of 219.37%.
  • Year-over-year revenue growth accelerated to 58.9%, indicating strong business momentum.
  • Analysts project full-year earnings per share of $15.97, reflecting continued confidence in performance.
  • Multiple major banks including Citigroup and Deutsche Bank reaffirmed their 'buy' ratings on the stock.
Risk Factors
  • Director Eduardo Vivas executed a significant sale of 163,910 shares, reducing his position by 2.36%.
  • CFO Matthew Stumpf sold 9,052 shares, representing a 4.85% decrease in his personal ownership stake.
  • Insiders have collectively sold 389,924 shares worth $195.7 million over the past 90 days.
Full Analysis
AppLovin Corporation (NASDAQ:APP) has received a consensus 'Moderate Buy' rating from twenty-three analysts, with an average twelve-month target price of $669.62. The ratings breakdown includes seventeen buy ratings, five hold ratings, and one strong buy rating. Recent analyst actions include Citigroup reissuing a 'buy' rating on June 22nd, Morgan Stanley restating an 'overweight' rating on May 27th, and Piper Sandler reiterating an 'overweight' rating on June 9th. The company reported strong quarterly earnings released on May 6th, beating consensus estimates with $3.56 EPS versus the expected $3.44 and revenue of $1.84 billion against a forecast of $1.77 billion. AppLovin achieved a net margin of 64.29% and a return on equity of 219.37%, with revenue surging 58.9% year-over-year. Analysts currently anticipate full-year earnings per share of $15.97. Insider trading activity shows Director Eduardo Vivas sold 163,910 shares for approximately $82.6 million on June 16th, while CFO Matthew Stumpf sold 9,052 shares for about $5.4 million on May 28th. Over the last 90 days, insiders have collectively sold 389,924 shares worth roughly $195.7 million, though they still retain a 13.66% ownership stake in the company.