Applovin Corp (NASDAQ:APP) Currently -96.04% Below Its 52-Week High, But There May Be A Surprise Downside

In last trading session, Applovin Corp (NASDAQ:APP) saw 6.73 million shares changing hands with its beta currently measuring 2.38. Company’s recent per share price level of $267.88 trading at $15.53 or 6.15% at ring of the bell on the day assigns it a market valuation of $91.07B. That closing price of APP’s stock is at a discount of -96.04% from its 52-week high price of $525.15 and is indicating a premium of 77.35% from its 52-week low price of $60.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.23 million shares which gives us an average trading volume of 9.23 million if we extend that period to 3-months.

For Applovin Corp (APP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.68. 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. The company is expected to be making an EPS of 1.96 in the current quarter.

Applovin Corp (NASDAQ:APP) trade information

Upright in the green during last session for gaining 6.15%, in the last five days APP remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $267.88 price level, adding 2.91% to its value on the day. Applovin Corp’s shares saw a change of -17.28% in year-to-date performance and have moved 16.57% in past 5-day. Applovin Corp (NASDAQ:APP) showed a performance of -22.64% in past 30-days. Number of shares sold short was 10.99 million shares which calculate 1.0 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 435 to the stock, which implies a rise of 38.42% to its current value. Analysts have been projecting 200 as a low price target for the stock while placing it at a high target of 650. It follows that stock’s current price would jump 25.34% in reaching the projected high whereas dropping to the targeted low would mean a gain of 25.34% for stock’s current value.

Applovin Corp (APP) estimates and forecasts

This year revenue growth is estimated to rise 19.99% from the last financial year’s standing.

19 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.38B for the same. And 19 analysts are in estimates of company making revenue of 1.4B in the next quarter. Company posted 1.06B and 1.08B of sales in current and next quarters respectively a year earlier.

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 44.33% while estimates for its earnings growth in next 5 years are of 39.26%.

Applovin Corp (NASDAQ:APP)’s Major holders

Insiders are in possession of 22.61% of company’s total shares while institution are holding 71.17 percent of that, with stock having share float percentage of 91.97%. Investors also watch the number of corporate investors in a company very closely, which is 71.17% institutions for Applovin Corp that are currently holding shares of the company. 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 5.6909 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.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco QQQ Trust, Series 1 are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 7.03 shares of worth $1.88 billion or 2.27% of the total outstanding shares. The later fund manager was in possession of 6.37 shares on Mar 31, 2025 , making its stake of worth around $1.71 billion in the company or a holder of 2.06% of company’s stock.