Applovin CorporationNasdaq: APP
Information Technology · Application Software
$461.07
+3.30%
Vol: 1.9M
Research Digest
Friday, May 1, 2026
AppLovin up 3.22% on May 1 ahead of Q1 2026 earnings report scheduled for May 6 with expected 103.6% YoY EPS growth
AppLovin will report Q1 2026 earnings after market close May 6 with webinar at 5:00 p.m. ET. Analysts expect 103.6% YoY EPS growth. The company is expanding into e-commerce with Axon Ads self-serve launch in H1-2026, targeting 30-50% YoY topline growth over the next 10 quarters. However, AppLovin faces ongoing SEC investigation into data collection and ad-targeting practices. Stock gained 3.22% on May 1. Analyst consensus is Strong Buy with $694.44 price target (+55.58% upside). Vanguard now holds 6.29% of shares.
Previous Market Intelligence
13 daysApr 30AppLovin Moves Down 3% Ahead of May 6 Earnings; Q1 EPS Expected Up 103.6% YoYNeutral▶
AppLovin stock fell 3% on April 29 amid broader tech/AI sector weakness and pre-earnings uncertainty, trading at $441.36 ($508.56 after recovery). Company prepares for May 6 earnings with consensus expecting $3.40 EPS (+103.6% YoY) and 30-50% YoY topline growth over next 10 quarters driven by new e-commerce Axon Ads launch in H1-26. Analyst consensus "Strong Buy" (21 Buy, 3 Moderate Buy, 4 Hold) with PT $694.44 (+59% upside). SEC investigation into marketing platform ongoing. Stock 52-week range $246-$745.61.
Apr 29AppLovin stock down 3% on April 29; SEC investigation ongoing, Q1 earnings May 6Mixed▶
AppLovin Corp (APP) fell 3.00% on April 29 amid broader tech sell-off and ahead of May 6 earnings report. Company facing SEC investigation into AI data harvesting practices and class-action lawsuits over securities violations and data misuse. Q1 FY2026 revenue $1.66B (+20.8% YoY), EPS $3.24 vs $1.73 prior year. Earnings expected to grow 103.6% YoY to $3.40. Analyst consensus: 18 analysts rate Strong Buy with $694.44 target (59% upside).
Apr 16AppLovin rises 4-5% on risk-on sentiment for software names and positive earnings expectations; Q1 2026 results due May 6Positive▶
AppLovin Corporation (APP) shares gained 4.3-4.7% on April 15, driven by renewed investor interest in high-growth software and positive pre-earnings momentum. Wells Fargo raised its price target to $560 from $543 with an Overweight rating, citing improving sentiment around in-app advertising spend and e-commerce growth. The company will report Q1 2026 results on May 6 after market close. However, an SEC investigation into the company data-collection practices continues to weigh on investor confidence.
Apr 14AppLovin up 6.7% on strategic partnerships; Q1 earnings May 6 with 103.6% EPS growth expectedPositive▶
Gained 6.7% April 6 on Axon collaboration with Stagwell. Q1 EPS expected $3.40 (+103.6%). Revenue expected $1.77B (+19.3%). Evercore ISI $750 PT.
Apr 13AppLovin announces C-suite reshuffle with tech-focused leadership; Wells Fargo raises price target to $560Positive▶
AppLovin announced leadership changes: Gio Ge elevated to CTO, Corina Cacovean promoted to Chief Legal Officer, Craig Billings appointed independent Chairperson. Wells Fargo raised price target to $560 with Overweight rating. Macquarie initiated Outperform on April 8. Earnings set for May 6 with projected EPS of $3.4 (+103.59% YoY). SEC regulatory investigation ongoing.
Apr 10AppLovin announced executive succession including CTO transition amid regulatory scrutiny.Mixed▶
AppLovin announced leadership changes: Basil Shikin transitioning from CTO; Giovanni Ge becoming next CTO; Craig Billings appointed independent Chairperson. Wells Fargo raised price target to $560 with Overweight rating. Active SEC investigation into data-collection practices weighs on sentiment. 17 analysts maintain Strong Buy with $704.71 target.
Apr 9Wells Fargo raises AppLovin target to $560; Q1 earnings April 23Neutral▶
AppLovin fell 4.69% to $391.20 but received Wells Fargo price target increase to $560 (+$17 from $543), maintaining Overweight. Q1 earnings due May 6 project EPS of $3.40 (+104% YoY) and revenue of $1.77B (+19% YoY). Consensus "Strong Buy" with $704.71 target implies 80% upside.
Apr 8AppLovin announces leadership succession; Wells Fargo raises PT to $560.Positive▶
AppLovin announced governance changes April 7: Craig Billings named independent chairperson. Wells Fargo raised target to $560 from $543 (Overweight). Stock up 4.82-6.7% April 6. Median target $650 with Strong Buy consensus.
Apr 7AppLovin surges 7% on Wells Fargo upgrade to $560 target following strong mobile gaming checks and in-app ad spending surge.Positive▶
AppLovin stock up 7.08% April 6 on Wells Fargo analyst Alec Brondolo raising target from $543 to $560 (Overweight). Strong mobile game checks revealed in-app advertising revenues trending above seasonal patterns with bullish in-app ad spending outlook. Wells Fargo raised Q1 2026 revenue estimate 3%, positioning company 3% ahead of consensus at guidance high-end. Q1 2026 EPS consensus $3.43, revenue $1.8B (May 6 release). Stock trading at $385 with 82.1% upside to $703.71 consensus target. Company delivered 70% revenue growth YoY with 87.86% gross margins. Strong AI marketing platform demand sustaining growth trajectory.
Apr 6CapitalWatch retracts short seller report; AppLovin stock surges 14%.Positive▶
Short seller CapitalWatch apologized and retracted report on shareholder issues, driving 14% stock pop. Q4 2025 EPS $3.24 (9.46% above forecast); revenue $1.66B (+66% YoY). Q1 2026 earnings May 6. Average PT $645.74.
Apr 3AppLovin stock retreats 10% over past month as investors question sustainability of AI-driven ad tech growth.Negative▶
AppLovin has experienced a 10% decline over the past 30 days, with investor rotation out of high-multiple AI-driven ad tech stocks. Concerns center on whether AppLovin's AI-driven advertising growth can be sustained as larger platforms dominate advertiser budgets. Q1 2026 earnings announcement is scheduled for May 6, 2026. Despite short-term volatility, analysts maintain optimistic outlooks with price targets ranging from $340 to $860.
Apr 1Applovin Corp reports strong Q4 with 66% revenue growth but faces regulatory scrutiny pressuring stock.Mixed▶
Applovin reported exceptional Q4 2025 results with $1.66 billion in revenue representing 66% year-over-year growth. Free cash flow surged 88% YoY to $1.3 billion, with 2026 FCF estimates now at $5.8 billion. Despite strong fundamentals and analyst upgrades to Buy with $750 price targets, the stock faces headwinds from SEC investigation. Shares have dropped 10.8% in under a month. Analysts maintain positive outlooks citing attractive valuation at 26x forward free cash flow.
Mar 31AppLovin shares up 5.3% as AI ad platform gains traction; Strong Buy with $703.71 target (84.6% upside).Positive▶
AppLovin strong quarterly on AI ad tools and high-ROAS campaigns driving 5.3% gain to $508.56. AXON 2.0 sparked 19.5% surge. Consensus Strong Buy despite SEC investigation. 17 analysts $703.71 target (84.60% upside). Down 12.32% monthly.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| ORCLORACLE | $171.78 | +6.44% | +10.9% | 20.1x | 1.60 | $464.2B |
| PLTRPALANTIR | $144.27 | +3.71% | -6.0% | 74.6x | 1.67 | $333.5B |
| APPAPPLOVIN | $461.07 | +3.30% | +8.2% | 21.9x | 2.50 | $150.1B |
| CRMSALESFORCE | $184.10 | +4.29% | -4.6% | 11.8x | 1.29 | $144.4B |
| INTUINTUIT | $398.68 | +2.62% | -6.9% | 14.7x | 1.21 | $108.1B |
| ADBEADOBE | $250.47 | +1.78% | +0.7% | 9.3x | 1.52 | $99.5B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.