Q4 Earnings Beat Triggers Sharp Selloff: AppLovin reported stellar Q4 results, with revenue surging 66% year-over-year to $1.66 billion, surpassing estimates, and EPS of $3.24 well ahead of forecasts. Despite the strong performance and raised guidance for the next quarter, shares plunged over 20% in after-hours trading and continued lower in pre-market. Social media buzz highlights investor frustration with the market's reaction to what many view as exceptional fundamentals.
Impressive Margins Fuel Optimism: The company showcased record 84% adjusted EBITDA margins and generated $1.3 billion in free cash flow, alongside aggressive share buybacks totaling nearly $500 million. Discussions praise the AI-powered ad platform's efficiency, positioning AppLovin as a leader in mobile gaming and e-commerce advertising. Some traders are scooping up shares on the dip, citing the 'Rule of 150' growth-plus-margin score as evidence of sustained strength.
Growth Concerns Temper Enthusiasm: While beats across metrics impressed, forward guidance showing moderated year-over-year growth raised eyebrows amid competition from tech giants. Sentiment on social media mixes dip-buying conviction with worries over potential ad market saturation. Overall, the conversation reflects cautious optimism beneath the short-term bearish pressure.
Note: This discussion summary was generated from an AI condensation of post data.
AppLovin Insider Trading Activity
AppLovin insiders have traded $APP stock on the open market 662 times in the past 6 months. Of those trades, 0 have been purchases and 662 have been sales.
Here’s a breakdown of recent trading of $APP stock by insiders over the last 6 months:
- ARASH ADAM FOROUGHI (CEO & Chairperson) has made 0 purchases and 297 sales selling 272,965 shares for an estimated $124,103,833.
- EDUARDO VIVAS has made 0 purchases and 14 sales selling 150,000 shares for an estimated $97,636,464.
- VASILY SHIKIN (Chief Technology Officer) has made 0 purchases and 264 sales selling 165,000 shares for an estimated $81,206,706.
- HERALD Y CHEN has made 0 purchases and 24 sales selling 100,000 shares for an estimated $43,631,800.
- VICTORIA VALENZUELA (CALO & Corp. Secretary) has made 0 purchases and 23 sales selling 74,208 shares for an estimated $36,245,248.
- MATTHEW STUMPF (Chief Financial Officer (CFO)) has made 0 purchases and 33 sales selling 9,758 shares for an estimated $4,547,405.
- CRAIG SCOTT BILLINGS has made 0 purchases and 4 sales selling 2,350 shares for an estimated $1,393,368.
- DAWSON ALYSSA HARVEY has made 0 purchases and 3 sales selling 700 shares for an estimated $392,623.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
AppLovin Revenue
AppLovin had revenues of $1.7B in Q4 2025. This is an increase of 20.77% from the same period in the prior year.
You can track APP financials on Quiver Quantitative's APP stock page.
AppLovin Congressional Stock Trading
Members of Congress have traded $APP stock 5 times in the past 6 months. Of those trades, 4 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $APP stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 4 times. They made 4 purchases worth up to $60,000 on 12/19, 11/18, 10/17, 10/09 and 0 sales.
- REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
AppLovin Hedge Fund Activity
We have seen 866 institutional investors add shares of AppLovin stock to their portfolio, and 707 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- STATE STREET CORP added 6,237,051 shares (+111.1%) to their portfolio in Q3 2025, for an estimated $4,481,570,625
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 4,076,600 shares (-72.0%) from their portfolio in Q4 2025, for an estimated $2,746,894,612
- MILLENNIUM MANAGEMENT LLC removed 2,574,629 shares (-99.1%) from their portfolio in Q3 2025, for an estimated $1,849,973,921
- RAKUTEN INVESTMENT MANAGEMENT, INC. added 2,009,415 shares (+11773.7%) to their portfolio in Q3 2025, for an estimated $1,443,845,054
- HRT FINANCIAL LP removed 1,577,072 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $1,133,189,314
- D. E. SHAW & CO., INC. removed 1,374,530 shares (-73.7%) from their portfolio in Q3 2025, for an estimated $987,654,786
- JENNISON ASSOCIATES LLC removed 1,149,126 shares (-29.6%) from their portfolio in Q4 2025, for an estimated $774,304,081
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
AppLovin Analyst Ratings
Wall Street analysts have issued reports on $APP in the last several months. We have seen 13 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 02/12/2026
- Jefferies issued a "Buy" rating on 02/12/2026
- Evercore ISI Group issued a "Outperform" rating on 01/14/2026
- Benchmark issued a "Buy" rating on 12/11/2025
- Citigroup issued a "Buy" rating on 11/12/2025
- Wells Fargo issued a "Overweight" rating on 11/07/2025
- Scotiabank issued a "Sector Outperform" rating on 11/06/2025
To track analyst ratings and price targets for AppLovin, check out Quiver Quantitative's $APP forecast page.
AppLovin Price Targets
Multiple analysts have issued price targets for $APP recently. We have seen 17 analysts offer price targets for $APP in the last 6 months, with a median target of $700.0.
Here are some recent targets:
- James Heaney from Jefferies set a target price of $700.0 on 02/12/2026
- Nat Schindler from Scotiabank set a target price of $775.0 on 02/12/2026
- Clark Lampen from BTIG set a target price of $640.0 on 02/12/2026
- Jason Bazinet from Citigroup set a target price of $710.0 on 02/12/2026
- John Hodulik from UBS set a target price of $740.0 on 02/12/2026
- Bernie McTernan from Needham set a target price of $700.0 on 02/12/2026
- James Callahan from Piper Sandler set a target price of $650.0 on 02/12/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
