AppLovin Corporation $APP Stock: Calamos Advisors LLC Raises Position

Calamos Advisors LLC boosted its position in shares of AppLovin Corporation (NASDAQ:APP) by 41.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 61,354 shares of the company’s stock after acquiring an additional 17,996 shares during the period. Calamos Advisors LLC’s holdings in AppLovin were worth $17,819,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Alta Advisers Ltd grew its stake in shares of AppLovin by 121.9% during the third quarter. Alta Advisers Ltd now owns 2,397 shares of the company’s stock worth $696,000 after purchasing an additional 1,317 shares in the last quarter. Westside Investment Management Inc. increased its holdings in AppLovin by 631.3% in the third quarter. Westside Investment Management Inc. now owns 6,253 shares of the company’s stock valued at $1,816,000 after buying an additional 5,398 shares during the last quarter. Kestra Advisory Services LLC increased its holdings in AppLovin by 113.2% in the third quarter. Kestra Advisory Services LLC now owns 20,250 shares of the company’s stock valued at $5,881,000 after buying an additional 10,753 shares during the last quarter. Claro Advisors Inc. raised its stake in AppLovin by 77.8% in the third quarter. Claro Advisors Inc. now owns 1,179 shares of the company’s stock valued at $342,000 after buying an additional 516 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in AppLovin by 112.0% in the third quarter. Commonwealth Equity Services LLC now owns 46,828 shares of the company’s stock valued at $13,600,000 after buying an additional 24,744 shares in the last quarter. 41.85% of the stock is owned by hedge funds and other institutional investors.

More AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported Q3 revenue of $2.18 billion, up 55.5% year over year, and EPS of $4.30, beating analyst estimates. Net income rose 72% to $1.44 billion, with a net margin near 66%. AppLovin Q3 results
• Positive Sentiment: Q4 revenue guidance of $2.365 billion–$2.395 billion came in above expectations, supporting hopes that growth from AppLovin’s AI-powered advertising models can continue as their rollout expands. CEO Adam Foroughi also said the business could grow roughly 30% annually over the long term. CEO comments on long-term growth
• Positive Sentiment: The company expanded its share repurchase authorization to $3.6 billion, while strong cash generation gives it capacity to return capital to shareholders. Cash generation and buyback
• Neutral Sentiment: Analyst views are mixed: RBC and Oppenheimer raised their targets to $520 and reiterated positive ratings, while Wells Fargo’s raised $347 target remains below the shares’ recent trading level and carries an equal-weight rating. Analyst target changes
• Negative Sentiment: Multiple law firms publicized a pending securities class action covering investors who bought shares from February 12 through August 5, 2026. The suit alleges misleading statements about AI-model readiness and adoption of self-service ad tools; the allegations are not established findings, but the litigation could create uncertainty. The lead-plaintiff deadline is November 16. Class-action notice

AppLovin Trading Up 9.9%

Shares of AppLovin stock opened at $391.22 on Friday. The company has a current ratio of 3.80, a quick ratio of 4.30 and a debt-to-equity ratio of 1.07. The company has a fifty day simple moving average of $293.36 and a 200-day simple moving average of $409.91. The stock has a market cap of $130.92 billion, a price-to-earnings ratio of 26.33, a PEG ratio of 0.86 and a beta of 2.51. AppLovin Corporation has a 12-month low of $225.19 and a 12-month high of $738.01.

AppLovin (NASDAQ:APP) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $4.30 EPS for the quarter, topping the consensus estimate of $4.03 by $0.27. AppLovin had a net margin of 65.89% and a return on equity of 182.97%. The firm had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period last year, the business earned $2.45 EPS. AppLovin’s revenue for the quarter was up 55.5% compared to the same quarter last year. On average, equities analysts forecast that AppLovin Corporation will post 16.18 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on APP. Loop Capital decreased their price target on AppLovin from $860.00 to $600.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Piper Sandler reiterated a “neutral” rating and issued a $355.00 price objective (up from $325.00) on shares of AppLovin in a report on Thursday. BTIG Research increased their price objective on AppLovin from $396.00 to $450.00 and gave the company a “buy” rating in a report on Thursday. Wells Fargo & Company raised their target price on AppLovin from $325.00 to $347.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Royal Bank Of Canada boosted their target price on AppLovin from $500.00 to $520.00 and gave the stock an “outperform” rating in a research note on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $497.93.

AppLovin Company Profile

AppLovin is a technology company that provides software to help mobile app developers and advertisers grow their businesses. Its platform connects advertisers seeking users with app publishers looking to monetize their audiences, using data and machine-learning tools to support advertising and user acquisition.

The company’s products include AXON, its advertising optimization engine; AppDiscovery, which helps advertisers find and acquire users; and MAX, a platform for managing in-app advertising.