AppLovin (NASDAQ: APP) stock is trading at about $450 while the average analyst price target sits at $648.57, implying over 45% upside from current levels. The disconnect is striking given that the fundamentals remain strong. By most measures, AppLovin’s business has never been stronger.
AppLovin’s stock is down 34% year to date, falling from $673.82 at the end of 2025. That is a dramatically steeper drop than the broader market. The S&P 500 is down just 3.5% over the same period. The pressure is company-specific.
The market’s concern appears rooted in…
The post appeared first on 24/7 Wall St.