Top Wall Street Forecasters Revamp AppLovin Expectations Ahead Of Q1 Earnings

Benzinga
07 May

AppLovin Corporation (NASDAQ:APP) will release earnings results for the first quarter, after the closing bell on Wednesday, May 7.

Analysts expect the Cork, Ireland-based company to report quarterly earnings at 80 cents per share, up from 78 cents per share in the year-ago period. AppLovin projects to report quarterly revenue at $5.66 billion, compared to $6.7 billion a year earlier, according to data from Benzinga Pro.

On March 12, the company's board of directors approved a regular quarterly dividend of 37 cents per share of common stock.

AppLovin shares fell 0.6% to close at $88.81 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Goldman Sachs analyst Eric Sheridan maintained a Neutral rating and cut the price target from $500 to $335 on April 14, 2025. This analyst has an accuracy rate of 79%.
  • UBS analyst John Hodulik maintained a Buy rating and cut the price target from $630 to $450 on April 11, 2025. This analyst has an accuracy rate of 75%.
  • Morgan Stanley analyst Matthew Cost upgraded the stock from Equal-Weight to Overweight but slashed the price target from $470 to $350 on April 10, 2025. This analyst has an accuracy rate of 64%.
  • Citigroup analyst Jason Bazinet maintained a Buy rating and boosted the price target from $460 to $600 on Feb. 19, 2025. This analyst has an accuracy rate of 72%.
  • Oppenheimer analyst Martin Yang reiterated an Outperform rating and raised the price target from $480 to $560 on Feb. 13, 2025. This analyst has an accuracy rate of 75%.

Considering buying APP stock? Here’s what analysts think:

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