AppLovin Corporation(APP)Stock Price & Analysis
NASDAQ

APP Stock Price Today (October 2026) — AppLovin Corporation Analysis & Key Metrics 2026-10-20

AppLovin Corporation (APP) is trading at $272.46, up 1.24% today (as of October 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 $476.85 (75.0% upside).
  • Volatility is high (43.84% 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 competitive pressures in the Advertising Agencies space.

APP Stock Analysis: Key Metrics & Valuation (October 2026)

Concise, actionable data for investors

Trend posture
Downtrend: below 50- and 200-day averages
Analyst 1Y target$476.85+75.0%
Volatility (30d ann.)43.84%High
RSI (14-day)
42.69 (Neutral)
Debt$3.52B (1.11x D/E)

AppLovin Corporation - Historical Price & Volume

$272.46
+113.61 (+71.52%)
  • Price
  • Volume
  • Latest price
Range: 2Y

Market Cap

$91.53B

Enterprise Value: $91.99B

P/E Ratio

26.19

Forward P/E: 14.60

Revenue Growth

+52.80%

Year over Year

Analyst Target

$476.85

+75.0% upside potential

Key Investor Questions About APP

What investors need to know before buying

Is it a good time to buy APP stock?

Based on current market data, APP presents a neutral technical setup with looking solid fundamentals.

  • Technicals say: Neutral (RSI 42.69)
  • Fundamentals say: Looking solid (debt and growth supportive)
Can APP sustain revenue growth in the Advertising Agencies market?

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.
What are the biggest risks facing APP stock?

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

52-Week Low$260.59
52-Week High$738.01
Current Price$272.46

Over the past year, APP stock traded between $260.59 and $738.01 and currently trades near the low end of that range. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility43.84%
Beta2.17
RSI (14-day)42.69

With 43.84% annualized volatility and β=2.17, the stock exhibits high sensitivity to market moves—making APP suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership4.72%
Institutional Ownership75.96%
Shares Short11.61M

High institutional ownership with low short interest suggests steadier hands and low immediate risk.

Analyst Sentiment & Price Targets

Mean Target
$476.85
Upside Potential
+75.0%
Recommendation
buy
Analysts see strong upside potential with a target of $476.85. The 75.0% upside suggests optimistic growth expectations.

Earnings snapshot

Next report Nov 4, 2026 (after the close)

EPS beat rate
83% (10/12)
Avg move after earnings
±16.3%
Options-implied move
—
Options vs history
—
APP earnings history, charts and expected move

Frequently Asked Questions

Common investor questions about AppLovin Corporation

AppLovin Corporation (APP) is currently trading at $272.46. The RSI (14-day) is at 42.7, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $476.85 implies 75.0% upside from current levels. Volatility is high at 43.8% annualized, meaning significant price swings are common. 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 26.19, 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 35.43. Price-to-Sales is 14.96. 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 $476.85. This represents a 75.0% upside from the current price of $272.46. 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. High volatility (43.8% annualized)—the stock can experience significant daily price swings. 2. Elevated debt levels (debt-to-equity of 1.11x) 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 1.11x, 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.