Wedbush cuts target for AppLovin stock to USD 560
Published on 10/15/2026 at 10:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOperating results and key dates
- Wedbush lowered its AppLovin target from USD 610 to USD 560 on October 14, 2026.
- Second-quarter revenue reached USD 1.92 billion, while third-quarter guidance spans USD 2.055 billion to USD 2.085 billion.
- AppLovin stock traded at EUR 229.48 at 10:35 a.m. CEST at Lang & Schwarz on October 15, 2026.
- AppLovin will publish third-quarter results on November 4, 2026, after the US market closes.
AppLovin Corp. (ISIN US03831W1080) was trading at EUR 229.48 at Lang & Schwarz on October 15, 2026, at 10:35 a.m. CEST. The latest analyst action came from Wedbush, which lowered its target from USD 610 to USD 560 on October 14, 2026, while keeping an Outperform rating, as Markets Insider reported.
Why analysts are cutting targets
Wedbush described the adjustment as a reset toward a more achievable baseline rather than a withdrawal of its constructive view. Its checks found that advertisers held spending steady in the third quarter and expected an e-commerce-led increase in the fourth quarter, according to Yahoo Finance.
The valuation debate now meets a demanding operating test. Wedbush modeled third-quarter revenue of USD 2.085 billion, at the top of management's USD 2.055 billion to USD 2.085 billion guidance range, and adjusted EBITDA of USD 1.74 billion with an 83.5 percent margin.
Three dated steps for AppLovin
On August 5, 2026, AppLovin reported second-quarter revenue of USD 1.92 billion, up 53 percent year over year, and adjusted EBITDA of USD 1.61 billion, up 58 percent, according to Yahoo Finance. On October 12, 2026, Oppenheimer cut its target from USD 560 to USD 490 while retaining Outperform, as Yahoo Finance reported. On October 14, 2026, Wedbush cut its target from USD 610 to USD 560 and kept Outperform, according to Markets Insider.
What dates could move the valuation?
AppLovin will report third-quarter results on November 4, 2026, after the US stock market closes, followed by a management webinar at 5:00 p.m. ET, according to the company's AppLovin announcement dated October 7, 2026. The report will show whether the model improvements cited by management can support revenue near the USD 2.085 billion upper guidance boundary.
Stock price and valuation context
AppLovin's latest US quote was USD 262.19 at the Nasdaq close on October 14, 2026, while the finance profile placed its market capitalization at USD 88.1 billion and its 52-week range at USD 261.00 to USD 745.61. The separate euro indication was EUR 229.48 at Lang & Schwarz on October 15, 2026, at 10:35 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of AppLovin stock.
AppLovin stock facts
- Company: AppLovin Corporation
- ISIN: US03831W1080
- Ticker: APP
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 15, 2026, 10:35 a.m. CEST): EUR 229.48
- Market capitalization: USD 88.1 billion (as of October 14, 2026)
- 52-week range: USD 261.00-745.61 (as of October 14, 2026)
- Sector / Industry: Technology / Software - Application
- Index membership: S&P 500 and Nasdaq 100
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
