Currently, there are 309.35M common shares owned by the public and among those 212.43M shares have been available to trade.
The company’s stock has a 5-day price change of 0.69% and -29.75% over the past three months. APP shares are trading -26.59% year to date (YTD), with the 12-month market performance up to 245.21% higher. It has a 12-month low price of $60.67 and touched a high of $525.15 over the same period. APP has an average intraday trading volume of 9.13 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -8.56%, -23.96%, and 2.96% respectively.
Institutional ownership of Applovin Corp (NASDAQ: APP) shares accounts for 60.90% of the company’s 309.35M shares outstanding.
It has a market capitalization of $80.81B and a beta (3y monthly) value of 2.38. The stock’s trailing 12-month PE ratio is 52.35, while the earnings-per-share (ttm) stands at $4.54. The company has a PEG of 1.33 and a Quick Ratio of 2.19 with the debt-to-equity ratio at 3.26. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.26% over the week and 12.00% over the month.
Earnings per share for the fiscal year are expected to increase by 44.58%, and 48.59% over the next financial year. EPS should shrink at an annualized rate of 39.45% over the next five years, compared to 84.28% over the past 5-year period.
Looking at the support for the APP, a number of firms have released research notes about the stock. Morgan Stanley stated their Overweight rating for the stock in a research note on April 10, 2025, with the firm’s price target at $350. FBN Securities coverage for the Applovin Corp (APP) stock in a research note released on March 28, 2025 offered a Outperform rating with a price target of $385. The Benchmark Company was of a view on January 10, 2025 that the stock is Buy, while Piper Sandler gave the stock Overweight rating on November 20, 2024, issuing a price target of $400. Daiwa Securities on their part issued Outperform rating on November 08, 2024.
