On Nov 08, major Wall Street analysts update their ratings for $Applovin (APP.US)$, with price targets ranging from $66 to $280.
Morgan Stanley analyst Matthew Cost maintains with a hold rating, and adjusts the target price from $80 to $200.
Wells Fargo analyst Alec Brondolo maintains with a buy rating, and adjusts the target price from $200 to $250.
Macquarie analyst Tim Nollen maintains with a buy rating.
Jefferies analyst James Heaney CFA maintains with a buy rating, and adjusts the target price from $175 to $270.
Loop Capital analyst Rob Sanderson maintains with a buy rating, and maintains the target price at $181.
Furthermore, according to the comprehensive report, the opinions of $Applovin (APP.US)$'s main analysts recently are as follows:
AppLovin's Q4 performance surpassed expectations, and the company's guidance for the subsequent quarter also looks promising, exceeding analyst predictions. The performance of the e-commerce pilot was notably better than what management anticipated.
The company delivered strong Q3 results, and its management provided Q4 guidance that surpassed expectations. Analysts received a positive impression of these outcomes and the company's confident stance on its market position, indicating potential for further appreciation in its share value.
Following AppLovin's strong quarterly report, where the company exceeded expectations and raised future guidance, an adjustment to the adjusted EBITDA forecasts for 2024 and 2025 was made. The shift to a straightforward enterprise value to EBITDA valuation method was noted, emphasizing the increasing significance of the Software Platform.
The firm notes that Q3 results have once again demonstrated that expectations regarding the timing of AXON 2.0's enhanced performance, the pace of margin expansion, and the duration of operating leverage sustainability were set too low. The firm further observes that, even in the absence of contributions from e-commerce, AppLovin's business and financial models warrant a more substantial valuation multiple.
The company's third-quarter outcomes and insights from the call support the thesis that gaming is increasingly becoming a winner-take-most sector. Additionally, it's projected that Commerce will become a substantial part of the business beginning the following year.
Here are the latest investment ratings and price targets for $Applovin (APP.US)$ from 11 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美東時間11月8日，多家華爾街大行更新了$Applovin (APP.US)$的評級，目標價介於66美元至280美元。
摩根士丹利分析師Matthew Cost維持持有評級，並將目標價從80美元上調至200美元。
富國集團分析師Alec Brondolo維持買入評級，並將目標價從200美元上調至250美元。
麥格理集團分析師Tim Nollen維持買入評級。
富瑞集團分析師James Heaney CFA維持買入評級，並將目標價從175美元上調至270美元。
Loop Capital分析師Rob Sanderson維持買入評級，維持目標價181美元。
此外，綜合報道，$Applovin (APP.US)$近期主要分析師觀點如下：
AppLovin在第四季度的表現超出預期，公司對接下來季度的指導也看起來很有前景，超過了分析師的預測。電子商務試點的表現明顯好於管理層預期。
公司交出了強勁的第三季度業績，管理層提供的第四季度指導超出了預期。分析師對這些成果和公司對市場地位的自信印象良好，顯示出股價有進一步升值的潛力。
在AppLovin強勁的季度報告後，公司超出預期並提升未來指導的情況下，對2024年和2025年調整了調整後的EBITDA預測。注意到轉向直接企業價值對EBITDA的估值方法，強調軟件平台日益增加的重要性。
公司指出，第三季度的結果再次證明了關於AXON 2.0性能增強時間、利潤率擴張速度以及持續運營槓桿的預期設定過低。公司進一步觀察到，即使沒有電子商務的貢獻，AppLovin的業務和財務模型也值得更高的估值倍數。
公司的第三季度業績以及從電話諮詢中獲得的見解支持了arvr遊戲正逐漸成爲贏者通吃板塊的論點。此外，預計商務將在明年開始成爲業務的重要部分。
以下爲今日11位分析師對$Applovin (APP.US)$的最新投資評級及目標價：
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
