On July 7, 2025, AppLovin (APP, Financial) stock was the focus of a new analyst report by Scotiabank. The financial services company initiated coverage on AppLovin, delivering an optimistic outlook on the stock's future performance.
Analyst Nat Schindler from Scotiabank assigned a "Sector Outperform" rating to AppLovin (APP, Financial). Such a rating indicates that the analyst expects the stock to deliver a return greater than the average for the sector.
In addition to this positive rating, Scotiabank has announced a price target of $430.00 USD for AppLovin (APP, Financial). This target represents the analyst's forecasted price level for the stock, suggesting potential upward movement from its current market position.
As AppLovin (APP, Financial) continues to grow and evolve within its industry, the new coverage and future price target highlight investor interest and confidence. Market observers will be keen to see how AppLovin performs in the coming months amid this optimistic outlook from Scotiabank.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for AppLovin Corp (APP, Financial) is $483.30 with a high estimate of $650.00 and a low estimate of $250.00. The average target implies an upside of 40.09% from the current price of $345.00. More detailed estimate data can be found on the AppLovin Corp (APP) Forecast page.
Based on the consensus recommendation from 26 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 $94.55, suggesting a downside of 72.59% from the current price of $345. 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.
