Applovin Corp (NASDAQ:APP) traded at $282.70 at close of the session on Tuesday, April 01 and made an upward move of 6.69% on its previous day’s price.
Looking at the stock we see that its previous close was $264.97 and the beta (5Y monthly) reads 2.33 with the day’s price range being $257.0001 – $284.8. The company has a trailing 12-month PE ratio of 62.26. In terms of its 52-week price range, APP has a high of $525.15 and a low of $60.67. The company’s stock has lost about -16.20% over that past 30 days.
Applovin Corp has a market cap of $96.11 billion and is expected to release its quarterly earnings report on 2025-Feb-11.
On the other hand, looking at the outlook for the APP stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Buy.
Based on estimates by 21 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 7 have rated the Applovin Corp (APP) stock as a Hold, while 13 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the APP stock currently stands at 1.60, and the current price level is -2.19% off its SMA20 and -18.24% from its 50-day simple moving average. The RSI (14) is pointing at 44.38 while the volatility over the past week is 13.02% and jumps to 9.81% over the past one month. The beta value is 2.39, while the average true range (ATR) is currently pointing at 31.45. The average price target for the stock over the next 12 months is $297.5, with the estimates having a low of $147 and a high of $538. These price ends are 48.0% and -90.31% off the current price level respectively, although investors could be excited at the prospect of a -5.24% if the APP share price touches on the median price of $297.5.
Coming back to Applovin Corp (NASDAQ:APP), we note that the average 3-month trading volume was 8.10 million, while that of the preceding 10-day period stands at 10.38 million. Current shares outstanding are 309.35 million.
The insiders hold 37.47% of the company’s shares while institutions hold 60.90%. The data shows that short shares as of 2025-03-14, stood at 13.04 million at a short ratio of 1.12. This represents a 437.00 short interest in shares outstanding on 2025-03-14. Shares short rose in March from the previous month at 12.39 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -12.70% down in year-to-date price movement.
