PomegraAppLovin Stock Jumps 30% After Earnings Beat
Why is AppLovin stock up today?
AppLovin (APP) stock rose about 30% to roughly $355 on Thursday after record third-quarter earnings beat forecasts and the company guided fourth-quarter sales well above Wall Street's expectations.
Key numbers
| Q3 revenue | $2.18B+55% YoY; $2.07-2.08B expected |
|---|---|
| Q3 adjusted EBITDA | $1.84B+59% YoY, 84% margin |
| Q4 revenue guidance | $2.365-2.395Bvs $2.25B expected |
| Q3 free cash flow | $1.4B$3.2B added to buyback plan |
| Share move (reports differ) | +30%Early-session reports range +29% to +33% from $271.75 close (per [5]) |
What happened
AppLovin (APP) stock rose about 30% to roughly $355 on Thursday after record third-quarter earnings beat forecasts and the company guided fourth-quarter sales well above Wall Street's expectations. Sales were $2.18 billion, up 55% from a year ago, and adjusted EBITDA (a measure of operating profit) was $1.84 billion. Both beat the company's own forecast (guidance) of up to $2.085 billion and $1.74 billion. It expects fourth-quarter sales of $2.365 billion to $2.395 billion, above the $2.25 billion analysts expected. It also raised its share buyback plan by $3.2 billion.
Why it matters
AppLovin sells software that helps app and game makers find users and earn money from ads, so its results show how much advertisers are spending on mobile apps. Sales growing 55% suggests that spending is still strong. A buyback means the company uses its own cash to purchase its shares, which can support the price. Rival Unity also jumped after its own results, so the strength was not limited to one company.
Who this affects
- MarketbullishMedium impact
- Ad-tech and software investors gain; signals healthy app advertising demand.
- CompanybullishHigh impact
- Shareholders gain from record profit, strong outlook and bigger buyback.
- CompetitorsbullishMedium impact
- Unity rose about 13% on its own results the same day.
- IndustrybullishMedium impact
- Mobile ad spending looks strong, which helps app makers and ad firms.
AppLovin vs Unity Software, Digital Turbine
How we got here
AppLovin reports record Q3 results after the market close, with Q4 sales guidance above estimates.
Shares jump about 30% in early Thursday trading, well above the $271.75 prior close.
Goldman Sachs raises its AppLovin price target to $445 from $400.
What to watch
- Whether Thursday's jump holds in the next trading session.2026-11-06
- Fourth-quarter results against the $2.365B-$2.395B sales guidance.Q1 2027
- Pace of share repurchases under the new $3.6B authorization.Q4 2026
Educational content only. Not investment advice.
More briefsAll briefs →
Nvidia Stock Falls 7% on Data Center Regulation Fears
Nvidia (NVDA) led chip stocks lower as the semiconductor index dropped about 10% on AI spending doubts.
DuPont Stock Jumps 8.6% After Earnings Beat, Raised Outlook
DuPont (DD) lifted its 2026 profit outlook to $7.47–$7.52 a share and plans $250M more in buybacks.
Tesla Stock Falls 3.3% on Democratic Oversight Fears
Tesla (TSLA) closed at $385.19 while the Dow jumped 3%, as investors fear probes of Musk's businesses.