Wedbush cuts target for AppLovin stock to USD 560

Published on 10/16/2026 at 10:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wedbush cut its target to USD 560 from USD 610 on October 14, 2026. AppLovin stock costs EUR 247.75 on October 16, 2026 ahead of November 4, 2026 results.

Analyst revision and dates

On October 14, 2026, Wedbush lowered its target to USD 560 from USD 610.
Second-quarter 2026 revenue reached USD 1.92 billion, up 53.00 percent year over year.
AppLovin stock was trading at EUR 247.75 at 9:49 a.m. CEST at Lang & Schwarz on October 16, 2026.
Third-quarter results are scheduled for November 4, 2026.

Modernes Tech-Büro mit Entwicklern an Dual-Monitor-Workstations und Serverräumen im Hintergrund — AppLovin Corp. ISIN US03782L1017 zeigt Entwickler in einem modernen Software Büro mit Servern im Hintergrund, Illustration mit AI erstellt.

AppLovin Corp. (ISIN US03831W1080) is facing a lower analyst valuation after Wedbush cut its price target from USD 610 to USD 560 on October 14, 2026, according to Markets Insider. The firm kept its Outperform rating, while the revised target reflects a more achievable growth baseline.

Target cuts reset expectations

The Wedbush move was part of a wider sequence of analyst revisions reported on October 14, 2026. Markets Insider also listed lower targets from Goldman Sachs, Morgan Stanley, Oppenheimer and BofA, putting greater emphasis on execution after AppLovin's second-quarter slowdown.

What does the next quarter need?

AppLovin reported USD 1.92 billion in revenue for the second quarter of 2026, up 53.00 percent from the prior year but below the USD 1.94 billion consensus estimate, according to the Yahoo Finance transcript. Adjusted EBITDA reached USD 1.61 billion, up 58.00 percent year over year, while management guided third-quarter revenue to USD 2.055 billion to USD 2.085 billion.

Three dates frame the story

On August 5, 2026, AppLovin reported second-quarter revenue of USD 1.92 billion. On October 7, 2026, it scheduled third-quarter results for November 4, 2026. On October 14, 2026, Wedbush cut its target to USD 560 from USD 610. These events move the debate from rapid growth alone toward the reliability of model improvements and advertising execution.

Upcoming reporting date

AppLovin will report third-quarter results after the U.S. market close on November 4, 2026, with a management webinar at 5:00 p.m. ET, according to the company's AppLovin announcement. Nasdaq lists the same reporting date and a consensus adjusted earnings-per-share forecast of USD 3.94 for the quarter ending September 2026.

Stock before the next test

AppLovin's valuation debate now has a clear near-term checkpoint: the November report must show whether the model improvements included in guidance are translating into the expected acceleration. The stock was trading at EUR 247.75 at Lang & Schwarz on October 16, 2026 at 9:49 a.m. CEST in pre-market trading.

The further course of trading is shown by the continuously updated real-time quote of AppLovin stock.