At the time of writing, Applovin Corp [APP] stock is trading at $361.72, up 6.89%. An important factor to consider is whether the stock is rising or falling in short-term value. The APP shares have gain 12.65% over the last week, with a monthly amount glided 15.54%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Applovin Corp [NASDAQ: APP] stock has seen the most recent analyst activity on January 10, 2025, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $375. Previously, Piper Sandler started tracking the stock with Overweight rating on November 20, 2024, and set its price target to $400. On November 08, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $280 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $200 on October 29, 2024. Loop Capital initiated its recommendation with a Buy and recommended $181 as its price target on October 22, 2024. Goldman downgraded its rating to Neutral for this stock on October 14, 2024, and upped its price target to $150. In a note dated September 17, 2024, UBS upgraded an Buy rating on this stock and boosted its target price from $100 to $145.
For the past year, the stock price of Applovin Corp fluctuated between $40.71 and $417.64. Currently, Wall Street analysts expect the stock to reach $224.58 within the next 12 months. Applovin Corp [NASDAQ: APP] shares were valued at $361.72 at the most recent close of the market. An investor can expect a potential drop of -37.91% based on the average APP price forecast.
Analyzing the APP fundamentals
According to Applovin Corp [NASDAQ:APP], the company’s sales were 4.29B for trailing twelve months, which represents an 38.64% jump. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.27%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is 1.22 and Total Capital is 0.33. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.74.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 346.01 points at the first support level, and at 330.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 374.60, and for the 2nd resistance point, it is at 387.49.
Ratios To Look Out For
It is important to note that Applovin Corp [NASDAQ:APP] has a current ratio of 2.41. On the other hand, the Quick Ratio is 2.41, and the Cash Ratio is 0.73. Considering the valuation of this stock, the price to sales ratio is 28.30, the price to book ratio is 129.34 and price to earnings (TTM) ratio is 109.45.
Transactions by insiders
Recent insider trading involved Valenzuela Victoria, CLO & Corp. Secretary, that happened on Dec 19 ’24 when 15971.0 shares were sold. Director, Chen Herald Y completed a deal on Dec 12 ’24 to sell 99000.0 shares. Meanwhile, Director Chen Herald Y sold 100000.0 shares on Dec 11 ’24.
