Where AppLovin Stands With Analysts
Portfolio Pulse from Benzinga Insights
AppLovin (NASDAQ:APP) has received a mix of analyst ratings in the last quarter, with 7 bullish, 2 somewhat bullish, 1 indifferent, and 2 bearish. The average price target is $27.83, which is lower than the current price of $29.955. This average has increased by 27.31% from the previous average price target of $21.86.
August 08, 2023 | 2:00 pm
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NEGATIVE IMPACT
AppLovin has received mixed analyst ratings, with a lower average price target than its current price.
The mixed analyst ratings, with a majority being bullish, indicate a positive outlook for the company. However, the average price target being lower than the current price suggests that the stock may be overvalued, which could lead to a potential decrease in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100