On May 8, 2025, Benchmark analyst Mike Hickey reaffirmed his confidence in AppLovin (APP, Financial) by reiterating a 'Buy' rating for the company's stock. The target price remains steady at $525.00, USD.
This decision indicates that Benchmark maintains its positive outlook on AppLovin (APP, Financial), expecting the stock to reach the set target, which aligns with the previously established figure. The unchanged price target suggests a consistent and optimistic view on the stock's future performance.
Investors in AppLovin (APP, Financial) can take note of the continued endorsement by Benchmark, underscoring the potential for value appreciation in the company's stock. The rating and target price reinforce the analyst's perspective on the company's market position and growth prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for AppLovin Corp (APP, Financial) is $477.58 with a high estimate of $650.00 and a low estimate of $200.00. The average target implies an upside of 35.48% from the current price of $352.50. More detailed estimate data can be found on the AppLovin Corp (APP) Forecast page.
Based on the consensus recommendation from 27 brokerage firms, AppLovin Corp's (APP, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for AppLovin Corp (APP, Financial) in one year is $89.93, suggesting a downside of 74.49% from the current price of $352.5. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the AppLovin Corp (APP) Summary page.
