Morgan Stanley cuts target for AppLovin stock from USD 450.00 to USD 400.00

Published on 10/26/2026 at 15:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 4, 2026. AppLovin stock costs EUR 232.43 on October 26, 2026, 1.28 percent below the Tradegate close.

Analyst target and reporting date

Morgan Stanley cut its AppLovin target from USD 450.00 to USD 400.00 on October 13, 2026.
AppLovin will report third-quarter results on November 4, 2026 after the US close.
AppLovin stock costs EUR 232.43 at Lang & Schwarz on October 26, 2026 at 3:42 p.m. CEST, 1.28 percent below the Tradegate close of October 23, 2026.

AppLovin Corp., US03831W1080, Illustration mit AI erstellt.

AppLovin Corp. (ISIN US03831W1080) faces a lower Wall Street valuation after Morgan Stanley cut its price target from USD 450.00 to USD 400.00 on October 13, 2026, while keeping its Overweight rating, as MarketScreener reported. At Lang & Schwarz, the stock was trading at EUR 232.43 on October 26, 2026 at 3:42 p.m. CEST, down 1.28 percent versus the Tradegate close of October 23, 2026 at EUR 235.45.

Target cut meets an earnings date

The next scheduled corporate event is AppLovin's third-quarter report on November 4, 2026 after the US market close. The company said the results would be followed by a management webcast at 5:00 p.m. ET, according to its investor release dated October 7, 2026, published by AppLovin. The date gives investors a defined checkpoint after the recent sequence of target reductions.

Stock remains near its yearly low

AppLovin's Nasdaq quotation was USD 261.30 on October 26, 2026 at 10:54 a.m. UTC. Its 52-week range was USD 255.47 to USD 738.01, putting the quotation 2.28 percent above the low and 64.60 percent below the high. The market capitalization was USD 87.8 billion and the price-to-earnings ratio was 20.13 as of October 26, 2026.

What does the valuation show?

The latest reported second-quarter figures provide the operating reference point. Revenue reached USD 1.92 billion for the quarter ended June 30, 2026, net income attributable to common shareholders was USD 1.27 billion and diluted earnings per share were USD 3.76. Operating cash flow totaled USD 869.0 million in the same quarter.

Comparison with peers

AppLovin: down 1.28 percent versus the Tradegate close, P/E 20.13, market capitalization USD 87.8 billion.

Take-Two Interactive Software: down 0.71 percent on October 26, 2026, P/E -116.80, market capitalization USD 37.8 billion.

Electronic Arts: unchanged on August 5, 2026, P/E 49.00, market capitalization USD 52.9 billion.

Dates and valuation set the frame

The October 13 target reduction and the November 4 reporting date give the stock two separate reference points. The euro quotation remains 1.28 percent below the Tradegate close of October 23, 2026, while the Nasdaq range shows that the USD 261.30 quotation is close to its 52-week low.

The further course of trading is shown by the continuously updated real-time quote of AppLovin stock.