In the last trading session, 4.48 million shares of the Applovin Corp (NASDAQ:APP) were traded, and its beta was 2.39. Most recently the company’s share price was $304.62, and it changed around $2.78 or 0.92% from the last close, which brings the market valuation of the company to $103.07B. APP currently trades at a discount to its 52-week high of $525.15, offering almost -72.4% off that amount. The share price’s 52-week low was $60.67, which indicates that the current value has risen by an impressive 80.08% since then.
Applovin Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.68. If we narrow it down even further, the data shows that 1 out of 27 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 4 recommended APP as a Hold, whereas 17 deemed it a Buy, and 0 rated it as Underweight.
Applovin Corp (NASDAQ:APP) trade information
Instantly APP has showed a green trend with a performance of 0.92% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 309.34 on recent trading dayincreased the stock’s daily price by 1.53%. The company’s shares are currently down -5.93% year-to-date, but still up 5.45% over the last five days. On the other hand, Applovin Corp (NASDAQ:APP) is 38.86% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $435.5, which translates to bulls needing to increase their stock price by 30.05% from its current value. Analyst projections state that APP is forecast to be at a low of $200 and a high of $650.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 84.28%. Applovin Corp earnings are expected to increase by 43.53% in 2025, but the outlook is positive 38.71% per year for the next five years.
APP Dividends
Applovin Corp’s next quarterly earnings report is expected to be released in June.
GQG PARTNERS LLC, with 3.9588% or 13.29 million shares worth $1.11 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco QQQ Trust, Series 1 were the top two Mutual Funds as of Dec 31, 2024 . The former held 7.03 shares worth $2.14 billion, making up 2.28% of all outstanding shares. On the other hand, Invesco QQQ Trust, Series 1 held roughly 6.37 shares worth around $1.94 billion, which represents about 2.07% of the total shares outstanding.
