Applovin Corp [NASDAQ: APP] closed the trading session at $238.08.
The stocks have a year to date performance of -26.48 percent and weekly performance of -29.42 percent. The stock has been moved at 169.96 percent over the last six months. The stock has performed -37.45 percent around the most recent 30 days and changed -36.29 percent over the most recent 3-months.
If compared to the average trading volume of 6.72M shares, APP reached to a volume of 16661938 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Applovin Corp [APP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for APP shares is $542.73 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on APP stock is a recommendation set at 1.76. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Benchmark Company have made an estimate for Applovin Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 10, 2025. While these analysts kept the previous recommendation, Piper Sandler raised their target price to Overweight. The new note on the price target was released on November 20, 2024, representing the official price target for Applovin Corp stock. Previously, the target price had yet another raise from $80 to $280, while Daiwa Securities kept a Outperform rating on APP stock.
The Average True Range (ATR) for Applovin Corp is set at 36.78, with the Price to Sales ratio for APP stock in the period of the last 12 months amounting to 17.19. The Price to Book ratio for the last quarter was 74.29, with the Price to Cash per share for the same quarter was set at 2.18. Price to Free Cash Flow for APP in the course of the last twelve months was 38.65 with Quick ratio for the last quarter at 2.19.
APP stock trade performance evaluation
Applovin Corp [APP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -29.42. With this latest performance, APP shares dropped by -37.45% in over the last four-week period, additionally plugging by 169.96% over the last 6 months – not to mention a rise of 280.20% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for APP stock in for the last two-week period is set at 29.09, with the RSI for the last a single of trading hit 22.68, and the three-weeks RSI is set at 34.06 for Applovin Corp [APP]. The present Moving Average for the last 50 days of trading for this stock 358.96, while it was recorded at 282.68 for the last single week of trading, and 202.36 for the last 200 days.
Applovin Corp [APP]: An insightful look at the core fundamentals
Applovin Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.19 and a Current Ratio set at 2.19.
Earnings per share (EPS) analysis for Applovin Corp [APP] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for APP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Applovin Corp go to 38.61%.
Applovin Corp [APP]: Institutional Ownership
The top three institutional holders of APP stocks are: VANGUARD GROUP INC with ownership of 19.1 million shares, which is approximately 5.689%. GQG PARTNERS LLC, holding 13.29 million shares of the stock with an approximate value of $$1.11 billion in APP stocks shares; and GQG PARTNERS LLC, currently with $$1.09 billion in APP stock with ownership which is approximately 3.8865%.
