During the last session, Applovin Corp (NASDAQ:APP)’s traded shares were 6.72 million, with the beta value of the company hitting 2.51. At the end of the trading day, the stock’s price was $390.26, reflecting an intraday gain of 2.45% or $9.35. The 52-week high for the APP share is $525.15, that puts it down -34.56 from that peak though still a striking 84.45% gain since the share price plummeted to a 52-week low of $60.67. The company’s market capitalization is $132.06B, and the average trade volume was 8.97 million shares over the past three months.
Applovin Corp (APP) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.60. APP has a Sell rating from 1 analyst(s) out of 21 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 13 recommend a Buy rating for it.
Applovin Corp (NASDAQ:APP) trade information
Applovin Corp (APP) registered a 2.45% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.45% in intraday trading to $390.26, hitting a weekly high. The stock’s 5-day price performance is 7.49%, and it has moved by 36.94% in 30 days. Based on these gigs, the overall price performance for the year is 392.38%.
The consensus price target of analysts on Wall Street is $436, which implies an increase of 10.49% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $200 and $650 respectively. As a result, APP is trading at a discount of -66.56% off the target high and 48.75% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 84.28%. While earnings are projected to return 80.10% in 2025, the next five years will return 46.68% per annum.
APP Dividends
Applovin Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Applovin Corp (NASDAQ:APP)’s Major holders
The next largest institutional holding, with 13.29 million shares, is of GQG PARTNERS LLC’s that is approximately 3.9588% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.11 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Applovin Corp (APP) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco QQQ Trust, Series 1. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 7.03 shares. This amounts to just over 2.28 percent of the company’s overall shares, with a $2.74 billion market value. The same data shows that the other fund manager holds slightly less at 6.31, or about 2.05% of the stock, which is worth about $2.46 billion.
