AppLovin (APP) closed the most recent trading day at $418.22, moving +1.33% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.21%. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, lost 0.22%.
The stock of mobile app technology company has fallen by 17.25% in the past month, lagging the Business Services sector’s gain of 3.09% and the S&P 500’s gain of 1.7%.
Investors will be eagerly watching for the performance of AppLovin in its upcoming earnings disclosure. The company’s earnings report is set to be unveiled on August 5, 2026. The company is forecasted to report an EPS of $3.72, showcasing a 64.6% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $1.94 billion, up 53.99% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $15.93 per share and revenue of $8.24 billion, indicating changes of +58.67% and +41.98%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for AppLovin. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we’ve established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.28% lower within the past month. As of now, AppLovin holds a Zacks Rank of #3 (Hold).
With respect to valuation, AppLovin is currently being traded at a Forward P/E ratio of 25.91. This denotes a premium relative to the industry average Forward P/E of 16.96.
We can also see that APP currently has a PEG ratio of 0.68. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company’s expected earnings growth trajectory. Technology Services stocks are, on average, holding a PEG ratio of 1.41 based on yesterday’s closing prices.
