In today’s recent session, 0.8 million shares of the Applovin Corp (NASDAQ:APP) have been traded, and its beta is 2.51. Most recently the company’s share price was $366.15, and it changed around -$4.53 or -1.22% from the last close, which brings the market valuation of the company to $123.90B. APP at last check was trading at a discount to its 52-week high of $525.15, offering almost -43.42% off that amount. The share price’s 52-week low was $60.67, which indicates that the recent value has risen by an impressive 83.43% since then.
Applovin Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.60. If we narrow it down even further, the data shows that 1 out of 28 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 5 recommended APP as a Hold, whereas 17 deemed it a Buy, and 1 rated it as Underweight.
Applovin Corp (NASDAQ:APP) trade information
Instantly APP has been showing red trend so far today with a performance of -1.22% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 387.95 on recent trading dayincreased the stock’s daily price by 5.62%. The company’s shares are currently up 13.07% year-to-date, but still down -4.55% over the last five days. On the other hand, Applovin Corp (NASDAQ:APP) is 1.05% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $487, which translates to bulls needing to increase their stock price by 24.82% 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 84.07% in 2025, but the outlook is positive 47.01% per year for the next five years.
APP Dividends
Applovin Corp’s next quarterly earnings report is expected to be released in July.
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.
