APP Stock Price Today (September 2026) — AppLovin Corporation Analysis & Key Metrics 2026-09-04
AppLovin Corporation (APP) is trading at $320.56, up 2.23% today (as of September 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Communication Services growth opportunities.
- According to consensus analyst estimates, the 1-year price target is $522.29 (62.9% upside).
- Volatility remains elevated (25.50% annualized), implying wide price swings for short-term traders.
- The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (52.80% YoY) alongside significant competitive pressures.
APP Stock Analysis: Key Metrics & Valuation (September 2026)
Concise, actionable data for investors
AppLovin Corporation - Historical Price & Volume
Market Cap
Enterprise Value: $104.89B
P/E Ratio
Forward P/E: 14.60
Revenue Growth
Year over Year
Analyst Target
+62.9% upside potential
Key Investor Questions About APP
What investors need to know before buying
Based on current market data, APP presents a neutral technical setup with caution warranted fundamentals.
- Technicals say: Neutral (RSI 45.66)
- Fundamentals say: Caution warranted (high leverage concerns)
APP's growth trajectory depends on its ability to expand within the Advertising Agencies sector while managing margin pressures.
- Future growth will depend on performance in core Advertising Agencies operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
The primary risks for APP investors include debt exposure and competitive dynamics in the Advertising Agencies industry.
- $3.52B in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Advertising Agencies.
52-Week Trading Range
Over the past year, APP stock traded between $297.50 and $745.61—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility & Risk Profile
With 25.50% annualized volatility and β=2.07, the stock exhibits high sensitivity to market moves—making APP suitable for investors comfortable with active risk management.
Institutional & Insider Ownership
High institutional backing, but elevated short interest signals a potential battleground stock.
Analyst Sentiment & Price Targets
Latest News & Headlines
Recent headlines and coverage
AppLovin vs. Reddit: What Quarterly Revenue Growth Patterns Tell Investors About These Media Companies
AppLovin's revenue has nearly tripled since Q3 2024, while Reddit's has more than doubled — but their growth trajectories tell different stories about sustainability.
Trade Desk Falls 4% on 15% Workforce Cut; AppLovin Ascends 3%, Magnite Pulls Back
The Trade Desk just announced a sweeping workforce cut and a parade of executive replacements, while rivals AppLovin and Magnite pull further ahead. Whether this signals a genuine strategic reset or a company quietly shrinking to survive is the question investors are now pricing in real time.
Is AppLovin Stock Priced For A Sharper Slowdown Than Management Guides To?
AppLovin (APP) has fallen about 43.9% over the trailing three months and sits roughly 57% below its 52-week high, at about $313.58 a share. Even after a drop that size, the advertising platform is priced at about 23.2 times its trailing adjusted earnings. That figure is on every screen, and it is the one that tells you least about what you are buying.
AppLovin (APP) Down 6.6% Since Last Earnings Report: Can It Rebound?
AppLovin (APP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
How Much Upside Can APP Stock's Growth Deliver?
While known for gaming, the company's fastest growth is happening elsewhere. Its consumer vertical is quietly becoming a second engine, with advertiser spend already setting records. This segment finished the second quarter 28% above fourth quarter 2025 levels.
Can AppLovin's 53% Revenue Surge Keep Its Growth Streak Alive?
APP's 53% revenue surge, record margins and Q3 outlook extend its growth streak, but sustaining advertiser demand is key to keeping momentum alive.
AppLovin Stock: Is APP Underperforming the Communication Services Sector?
AppLovin has notably underperformed the Communication Services sector over the past year, but analysts are highly optimistic about the stock’s prospects.
AppLovin’s Algorithmic Moat Is Vulnerable, Says Investor: Why $1.9B Quarterly Revenue Isn’t Enough to Justify a Buy
AppLovin prints $1.9 billion quarters and 84% margins, yet two disciplined investors studied the model and walked away. Their reason cuts to the heart of what separates a durable moat from a very good algorithm.
3 Founder Backed Growth Stocks To Watch In September 2026
Government bond yields in many major economies are at multi year highs, which indicates that central banks are serious about keeping inflation in check. Higher yields can pressure some stocks, but they also push investors to look more closely at companies with solid growth plans and leaders who have real money at stake. This article highlights three such fast growing, founder backed stocks worth knowing about now. The stocks covered below are just a small sample of this theme, and the full...
Magnite Rallies 6%, Trade Desk Climbs 5%, AppLovin Barely Budges: Is Agentic Ad-Tech Broadening Out?
Magnite and Trade Desk are surging while AppLovin sits perfectly still, and the reason points to a fault line forming inside programmatic advertising that could reshape how investors price all three stocks.
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Frequently Asked Questions
Common investor questions about AppLovin Corporation
AppLovin Corporation (APP) is currently trading at $320.56. The RSI (14-day) is at 45.7, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $522.29 implies 62.9% upside from current levels. Volatility is moderate at 25.5% annualized, meaning price movements are relatively contained. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for AppLovin Corporation (APP): The trailing P/E ratio is 25.12, which is in line with broader market averages. The forward P/E is 14.60, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 0.88, below 1.0, which generally indicates the stock is undervalued relative to its growth rate. Price-to-Book is 33.98. Price-to-Sales is 14.35. Valuation should be compared to Advertising Agencies industry peers for context, as different sectors trade at different multiples.
Based on 31 analysts covering APP, the consensus price target is $522.29. This represents a 62.9% upside from the current price of $320.56. The range spans from a low target of $325.00 to a high target of $790.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
AppLovin Corporation (APP) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.
Key risks for AppLovin Corporation (APP) investors include: 1. Moderate volatility (25.5% annualized)—price swings are notable. 2. Elevated debt levels (D/E ratio of 111.13) which could pressure margins in a rising rate environment. 3. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 4. Advertising Agencies sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is AppLovin Corporation's (APP) current debt and financial health profile: Total debt stands at $3.52B. The debt-to-equity ratio is 111.13, which is elevated and warrants monitoring, especially in a rising interest rate environment. The current ratio is 4.30, indicating strong short-term liquidity. The quick ratio is 4.17. The company holds $3.05B in cash and equivalents. Free cash flow is positive at $3.18B, providing a cushion for debt servicing and shareholder returns.