AppLovin stock costs EUR 246.75 while Piper saw USD 325

Published on 10/08/2026 at 16:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 1.92 billion in the second quarter, up 52.80 percent. AppLovin stock stood at EUR 246.75 on October 8, 2026 after EUR 250.75.

Key points in brief

AppLovin stock was trading at EUR 246.75 at Lang & Schwarz on October 8, 2026, down 1.60 percent from EUR 250.75.
AppLovin reported USD 1.92 billion in second-quarter revenue, up 52.80 percent year over year.
Piper Sandler reiterated a Neutral rating and a USD 325 price target on October 2, 2026.
AppLovin's NASDAQ market capitalization was USD 93.3 billion on October 8, 2026.

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AppLovin Corp. (ISIN US03831W1080) was trading at EUR 246.75 at Lang & Schwarz on October 8, 2026 at 4:31 p.m. CEST, down 1.60 percent from EUR 250.75. On October 2, 2026, Piper Sandler had reiterated a Neutral rating and a USD 325 price target, according to Investing.com.

Three events shape the timeline

On August 5, 2026, AppLovin reported second-quarter revenue of USD 1.92 billion and diluted earnings per share of USD 3.76, according to MarketBeat. On September 1, 2026, Evercore reiterated an Outperform rating and issued a USD 510 target, as reported by MarketBeat. On September 14, 2026, Morgan Stanley cut its target from USD 650 to USD 450 while retaining an Overweight rating, according to MarketBeat.

What does the analyst split mean?

The target range shows why the stock remains a contested growth story. Piper Sandler's USD 325 target is USD 125 below Morgan Stanley's USD 450 view, while Evercore's USD 510 target is USD 60 above Morgan Stanley's level. The contrast is material because AppLovin's second-quarter revenue rose 52.80 percent year over year, yet revenue of USD 1.92 billion came in below the USD 1.94 billion consensus cited by MarketBeat. For investors, the key tension is measurable: fast revenue growth is paired with a USD 20 million quarterly shortfall against consensus.

Next date carries a clear figure

AppLovin's next disclosed litigation date is November 16, 2026, the deadline for investors to seek lead-plaintiff status in the securities-fraud case announced by PR Newswire. The date adds a defined legal milestone to the earnings and valuation discussion.

AppLovin stock stays volatile

On NASDAQ, APP was last at USD 277.70 on October 8, 2026 at 10:33 a.m. ET while the session was open, and the company's market capitalization was USD 93.3 billion. The 52-week NASDAQ range was USD 266.84 to USD 738.01 on October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of AppLovin stock.