Applovin Corp (NASDAQ:APP) shares traded -1.82% lower at $346.32 on Wall Street last session.
APP stock price is now -2.15% away from the 50-day moving average and 14.92% away from the 200-day moving average. The market capitalization of the company currently stands at $117.19B.
With the price target of $430, Scotiabank recently initiated with Sector Outperform rating for Applovin Corp (NASDAQ: APP). On April 10, 2025, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock keeping its target price maintained at $350, while ‘FBN Securities’ rates the stock as ‘Outperform’
In other news, Messing Barbara, Director sold 1,500 shares of the company’s stock on Jun 11 ’25. The stock was sold for $573,692 at an average price of $382.46. Upon completion of the transaction, the Director now directly owns 9,510 shares in the company, valued at $3.29 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 11 ’25, Director BARBARA MESSING bought 1,500 shares of the business’s stock. A total of $573,692 was incurred on buying the stock at an average price of $382.46. A total of 37.34% of the company’s stock is owned by insiders.
During the past 12 months, Applovin Corp has had a low of $60.67 and a high of $525.15. As of last week, the company has a debt-to-equity ratio of 6.45, a current ratio of 1.68, and a quick ratio of 1.68. According to the stock market information, the enterprise value for the company is $121621413888, which is based on a 62.54 price-to-earnings ratio, a 1.32 price-to-earnings-growth ratio, and a beta of 2.42. The fifty day moving average price for APP is $353.9185 and a two-hundred day moving average price translates $301.34528 for the stock.
The latest earnings results from Applovin Corp (NASDAQ: APP) was released for 2025-03-31. The net profit margin was 37.38% and return on equity was 287.44% for APP. The company reported revenue of $1.48 billion for the quarter, compared to $1.06 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 40.25 percent.
