These Analysts Revise Their Forecasts On AppLovin Following Q4 Results

by | Feb 12, 2026 | General

AppLovin Corp (NASDAQ:APP) reported better-than-expected financial results for the fourth quarter after the market close on Wednesday.

AppLovin reported fourth-quarter revenue of $1.66 billion, beating analyst estimates of $1.60 billion, according to Benzinga Pro. The advertising technology company reported fourth-quarter earnings of $3.24 per share, beating analyst estimates of $2.95 per share.

AppLovin expects first-quarter revenue to be in the range of approximately $1.75 billion to $1.78 billion versus estimates of $1.69 billion. The company anticipates first-quarter adjusted EBITDA of approximately $1.47 billion to $1.50 billion.

AppLovin shares fell 7.3% to $423.55 in pre-market trading.

These analysts made changes to their price targets on AppLovin following earnings announcement.

  • BTIG analyst Clark Lampen maintained AppLovin with a Buy and lowered the price target from $771 to $640.
  • Wedbush analyst Alicia Reese maintained AppLovin with an Outperform rating and raised the price target from $465 to $640.
  • Wells Fargo analyst Alec Brondolo maintained the stock with an Overweight rating and lowered the price target from $735 to $543.
  • Piper Sandler analyst James Callahan reiterated AppLovin with an Overweight rating and cut the price target from $800 to $650.
  • Scotiabank analyst Nat Schindler maintained the stock with a Sector Outperform and raised the price target from $750 to $775.
  • Goldman Sachs analyst Eric Sheridan maintained AppLovin with a Neutral and lowered the price target from $710 to $585.

Considering buying APP stock? Here’s what analysts think:

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