In last trading session, Applovin Corp (NASDAQ:APP) saw 5.04 million shares changing hands with its beta currently measuring 2.31. Company’s recent per share price level of $494.17 trading at -$1.83 or -0.37% at ring of the bell on the day assigns it a market valuation of $168.04B. That closing price of APP’s stock is at a discount of -6.27% from its 52-week high price of $525.15 and is indicating a premium of 88.97% from its 52-week low price of $54.50.
For Applovin Corp (APP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.56. Splitting up the data highlights that, out of 21 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 13 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Applovin Corp (NASDAQ:APP) trade information
Upright in the red during last session for losing -0.37%, in the last five days APP remained trading in the green while hitting it’s week-highest on Thursday, 02/13/25 when the stock touched $494.17 price level, adding 5.9% to its value on the day. Applovin Corp’s shares saw a change of 52.60% in year-to-date performance and have moved 31.69% in past 5-day. Applovin Corp (NASDAQ:APP) showed a performance of 44.35% in past 30-days.
Wall Street analysts have assigned a consensus price target of 182.5 to the stock, which implies a fall of -170.78% to its current value. Analysts have been projecting 108 as a low price target for the stock while placing it at a high target of 435. It follows that stock’s current price would jump 78.15% in reaching the projected high whereas dropping to the targeted low would mean a gain of 78.15% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 84.28% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 43.06% while estimates for its earnings growth in next 5 years are of 39.43%.
Applovin Corp (NASDAQ:APP)’s Major holders
VANGUARD GROUP INC is the top institutional holder at APP for having 19.1 million shares of worth $1.59 billion. And as of 2024-06-30, it was holding 5.689 of the company’s outstanding shares.
The second largest institutional holder is GQG PARTNERS LLC, which was holding about 13.29 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.9588 of outstanding shares, having a total worth of $1.11 billion.
