Piper Sandler reiterates USD 325 target for AppLovin stock
Published on 10/05/2026 at 11:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
AppLovin Corporation (ISIN US03831W1080) was trading at EUR 240.43 at Lang & Schwarz on October 5, 2026 at 11:38 a.m. CEST, plus 0.89 percent versus the EUR 238.30 prior close of October 2, 2026. According to Investing.com on October 2, 2026, Piper Sandler reiterated a Hold rating and a USD 325.00 price target for AppLovin.
Analyst target stays cautious
The USD 325.00 target is materially below the broader consensus cited by Investing.com. Its analyst table listed an average 12-month target of USD 497.05, with 27 Buy ratings, 6 Hold ratings and 0 Sell ratings among 33 analysts.
The spread matters more than the headline average. Citi maintained a USD 600.00 target on September 21, 2026, while Morgan Stanley maintained a USD 450.00 target on September 14, 2026, according to Investing.com.
Revenue growth remains measurable
AppLovin generated USD 1.92 billion of revenue in the second quarter of 2026, up 53.00 percent from the comparable period, while adjusted earnings per share reached USD 3.76 versus a USD 3.75 estimate, according to Investing.com. The same report listed adjusted EBITDA of USD 1.61 billion, up 58.00 percent year over year, with an 84.00 percent margin.
Management guidance for the third quarter of 2026 called for revenue of USD 2.055 billion to USD 2.085 billion, representing 46.00 percent to 48.00 percent year-over-year growth. That outlook gives the stock a concrete operating test beyond the disagreement embedded in analyst targets.
Legal risk enters the equation
A securities fraud class action was announced on October 3, 2026, according to Trivano. The allegations concern projected artificial intelligence revenue growth and delays involving an AppLovin Ads generative artificial intelligence video tool; the notice said the proposed class period runs from February 12, 2026, through August 5, 2026.
The next reporting date listed by Investing.com is November 11, 2026. Until then, the key tension is clear: second-quarter revenue growth of 53.00 percent and an 84.00 percent adjusted EBITDA margin stand against a USD 325.00 cautious target and legal scrutiny.
AppLovin stock price and market data
At Lang & Schwarz, AppLovin stock was trading at EUR 240.43 on October 5, 2026 at 11:38 a.m. CEST, plus 0.89 percent versus the EUR 238.30 prior close of October 2, 2026. The primary listing is NASDAQ in USD; the finance quote showed a USD 90.1 billion market capitalization and a USD 266.84 to USD 738.01 52-week range as of October 2, 2026.
The further course of trading is shown by the continuously updated real-time quote of AppLovin stock.
AppLovin market data
- Company: AppLovin Corporation
- ISIN: US03831W1080
- Ticker: APP
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 5, 2026, 11:38 a.m. CEST: EUR 240.43
- Change versus prior close: plus 0.89 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 238.30
- Market capitalization: USD 90.1 billion as of October 2, 2026
- 52-week range: USD 266.84-738.01 as of October 2, 2026
- Sector / Industry: Technology / Software - Application
- Next earnings date: November 11, 2026
