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NASDAQ: APP
Applovin Corp Stock Forecast, Predictions & Price Target

Analyst price target for APP

Based on 11 analysts offering 12 month price targets for Applovin Corp.
Min Forecast
$60.00-18.45%
Avg Forecast
$76.82+4.41%
Max Forecast
$95.00+29.13%

Should I buy or sell APP stock?

Based on 12 analysts offering ratings for Applovin Corp.
Strong Buy
Strong Buy
7 analysts 58.33%
Buy
3 analysts 25%
Hold
2 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

APP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Stifel Nicolaus
Bottom 32%
32
Strong BuyUpgrades$90.00+22.33%2021-09-09
Macquarie
Bottom 21%
21
BuyInitiates Coverage On$90.00+22.33%2021-08-31
Morgan Stanley
Top 5%
96
HoldUpgrades$60.00-18.45%2021-08-17
Anonymous
Morgan Stanley
Strong BuyMaintains$68.00-7.57%2021-05-13
JP Morgan
Bottom 12%
12
Strong BuyMaintains$83.00+12.82%2021-05-13
UBS
Top 36%
65
Strong BuyInitiates Coverage On$75.00+1.94%2021-05-10
Stifel Nicolaus
Top 4%
97
HoldInitiates Coverage On$64.00-13.01%2021-05-10
Truist Securities
Top 3%
98
Strong BuyInitiates Coverage On$76.00+3.30%2021-05-10
Citigroup
Top 12%
89
Strong BuyInitiates Coverage On$69.00-6.21%2021-05-10
Credit Suisse
Top 1%
100
BuyInitiates Coverage On$95.00+29.13%2021-05-10

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Forecast return on equity

Is APP forecast to generate an efficient return?
Company
34.11%
Industry
12.79%
Market
30.41%
APP's Return on Equity is forecast to be high in 3 years (34.11%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is APP forecast to generate an efficient return on assets?
Company
14.81%
Industry
4.95%
Market
15.13%
APP is forecast to generate higher Return on Assets (14.81%) than the US Software - Application industry average (4.95%)
Forecast

APP earnings per share forecast

What is APP's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$0.26
Avg 2 year Forecast
$0.68
Avg 3 year Forecast
$1.41

APP revenue forecast

What is APP's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$2.7B
Avg 2 year Forecast
$3.4B
Avg 3 year Forecast
$4.2B

Applovin Corp Stock Forecast FAQ

Is Applovin Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NASDAQ: APP) stock is to Strong Buy APP stock.

Out of 12 analysts, 7 (58.33%) are recommending APP as a Strong Buy, 3 (25%) are recommending APP as a Buy, 2 (16.67%) are recommending APP as a Hold, 0 (0%) are recommending APP as a Sell, and 0 (0%) are recommending APP as a Strong Sell.

What is APP's earnings growth forecast for 2021-2023?

(NASDAQ: APP) Applovin Corp's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 2.82%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.84%.

Applovin Corp's earnings in 2021 is N/A.On average, 5 Wall Street analysts forecast APP's earnings for 2021 to be $96,810,957, with the lowest APP earnings forecast at $63,299,472, and the highest APP earnings forecast at $126,598,944. On average, 5 Wall Street analysts forecast APP's earnings for 2022 to be $254,687,287, with the lowest APP earnings forecast at $242,027,393, and the highest APP earnings forecast at $260,644,885.

In 2023, APP is forecast to generate $525,944,142 in earnings, with the lowest earnings forecast at $372,349,835 and the highest earnings forecast at $863,851,617.

What is APP's revenue growth forecast for 2021-2023?

(NASDAQ: APP) Applovin Corp's forecast annual revenue growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 18.07%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.2%.

Applovin Corp's revenue in 2021 is N/A.On average, 6 Wall Street analysts forecast APP's revenue for 2021 to be $1,008,930,283,411, with the lowest APP revenue forecast at $995,663,458,790, and the highest APP revenue forecast at $1,016,053,335,755. On average, 6 Wall Street analysts forecast APP's revenue for 2022 to be $1,262,487,861,152, with the lowest APP revenue forecast at $1,171,576,414,837, and the highest APP revenue forecast at $1,345,523,363,756.

In 2023, APP is forecast to generate $1,551,660,700,610 in revenue, with the lowest revenue forecast at $1,369,901,107,453 and the highest revenue forecast at $1,687,005,397,435.

What is APP's forecast return on assets (ROA) for 2021-2024?

(NASDAQ: APP) forecast ROA is 14.81%, which is higher than the forecast US Software - Application industry average of 4.95%.

What is APP's Price Target?

According to 11 Wall Street analysts that have issued a 1 year APP price target, the average APP price target is $76.82, with the highest APP stock price forecast at $95.00 and the lowest APP stock price forecast at $60.00.

On average, Wall Street analysts predict that Applovin Corp's share price could stay at $76.82 by Sep 9, 2022. The average Applovin Corp stock price prediction forecasts a potential downside of N/A from the current APP share price of $73.57.

What is APP's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: APP) Applovin Corp's current Earnings Per Share (EPS) is N/A. On average, analysts forecast that APP's EPS will be $0.26 for 2021, with the lowest EPS forecast at $0.17, and the highest EPS forecast at $0.34. On average, analysts forecast that APP's EPS will be $0.68 for 2022, with the lowest EPS forecast at $0.65, and the highest EPS forecast at $0.70. In 2023, APP's EPS is forecast to hit $1.41 (min: $1.00, max: $2.32).

What is APP's forecast return on equity (ROE) for 2021-2024?

(NASDAQ: APP) forecast ROE is 34.11%, which is considered strong.
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