APPLOVIN CORP.: Oppenheimer Lowers Price Target from $740 to $660
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy APPS?
Source: moomoo
- Company Update: Apple Inc. has received a downgrade from Oppenheimer.
- Target Price Adjustment: The target price for Apple shares has been reduced from $740 to $660.
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Analyst Views on APPS
Wall Street analysts forecast APPS stock price to rise
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 4.100
Low
7.50
Averages
8.75
High
10.00
Current: 4.100
Low
7.50
Averages
8.75
High
10.00
About APPS
Digital Turbine, Inc., through its subsidiaries, operates an independent mobile growth platform that levels up the landscape for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The Company operates through two segments: On Device Solutions (ODS) and App Growth Platform (AGP). The ODS segment consists of products and services that simplify the discovery and delivery of mobile apps and content media for device end-users. The AGP segment consists of Advertising Solutions and Ad Monetization Solutions. The Company offers end-to-end products and solutions leveraging proprietary technology to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. In addition, the Company’s products and solutions provide monetization opportunities for OEMs, carriers, and app publishers and developers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
APPLOVIN CORP.: Oppenheimer Lowers Price Target from $740 to $660
- Company Update: Apple Inc. has received a downgrade from Oppenheimer.
- Target Price Adjustment: The target price for Apple shares has been reduced from $740 to $660.
See More
US SEC CONFIRMS APPLOVIN INVESTIGATION REMAINS 'ACTIVE AND ONGOING' - BLOOMBERG NEWS
- SEC Investigation: The U.S. Securities and Exchange Commission (SEC) is currently conducting an active investigation involving Apple Inc.
- Ongoing Nature: The SEC has stated that the probe is still ongoing, indicating that developments may continue to unfold.
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AppLovin Stock Drops 15% Following Q4 Earnings Report
- Stock Performance: Apple shares experienced a significant decline of 15% following the release of their Q4 results.
- Market Reaction: The drop in stock price reflects investor concerns regarding the company's financial performance and future outlook.
- Earnings Report: The Q4 results revealed disappointing figures that contributed to the negative market sentiment.
- Investor Sentiment: Analysts and investors are reassessing their positions on Apple in light of the recent earnings report and its implications for the company's growth.
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- Digital Turbine Growth: Digital Turbine's stock rose 20% as FQ3 revenue increased 12% year-over-year, with non-GAAP adjusted EBITDA soaring 76% to $38.8 million, and FY2026 revenue guidance set at $553 million to $558 million, exceeding market expectations and showcasing improved operational leverage.
- Super Micro Computer Beats Expectations: Super Micro Computer shares gained 7% after delivering FQ2 results and guidance that exceeded expectations, with FQ3 adjusted EPS expected to be at least $0.60 and revenue projected at least $12.3 billion, well above the $10.25 billion estimate, while raising full-year revenue outlook to at least $40 billion, reflecting strong demand in the AI server market.
- Take-Two Interactive Raises Guidance: Take-Two Interactive shares increased 5% following mixed FQ3 results but strong bookings, with FQ4 net bookings expected between $1.51 billion and $1.56 billion, and FY2026 net bookings guidance raised to $6.65 billion to $6.70 billion, indicating confidence in future growth prospects.
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Super Micro Computer Q2 Earnings Exceed Expectations
- Earnings Beat: Super Micro Computer reported Q2 earnings of $0.69 per share, surpassing the analyst consensus of $0.49 by 41.68%, indicating a significant improvement in profitability that boosts investor confidence.
- Significant Revenue Growth: The quarterly revenue reached $12.68 billion, exceeding the market estimate of $10.22 billion and representing a 123.76% increase from $5.68 billion in the same period last year, showcasing the company's strong market performance and growth potential.
- Optimistic Outlook: Super Micro expects Q3 adjusted EPS of $0.60, above the analyst estimate of $0.53, and anticipates revenue in the range of $12.3 billion to $12.6 billion, reflecting confidence in future performance.
- Positive Stock Reaction: In pre-market trading, Super Micro's shares jumped 10.5% to $32.79, indicating a favorable market response to its strong earnings and optimistic outlook.
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Digital Turbine Reports Strong Q3 2026 Earnings Growth
- Significant Revenue Growth: Digital Turbine's total revenue for Q3 reached $151.4 million, reflecting a 12% year-over-year increase, with the On Device Solutions segment contributing nearly $100 million, up approximately 9% from last year, indicating strong performance in international markets.
- Substantial EBITDA Improvement: The adjusted EBITDA for the quarter was $38.8 million, representing a 76% year-over-year increase, with an EBITDA margin of 26% and a non-GAAP gross margin of 49%, showcasing significant progress in operational efficiency and profitability.
- Strengthened Financial Position: The company repaid over $41 million in debt during the quarter, reducing its debt leverage ratio from more than 5 turns a year ago to approximately 3 turns, demonstrating efforts to enhance its balance sheet and increase financial flexibility for future growth.
- Optimistic Outlook: Management raised the fiscal 2026 revenue guidance to a range of $553 million to $558 million and adjusted EBITDA guidance to $114 million to $117 million, reflecting confidence in sustained growth, particularly in international expansion and new product adoption.
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APPLOVIN CORP.: Oppenheimer Lowers Price Target from $740 to $660
- Company Update: Apple Inc. has received a downgrade from Oppenheimer.
- Target Price Adjustment: The target price for Apple shares has been reduced from $740 to $660.
See More
US SEC CONFIRMS APPLOVIN INVESTIGATION REMAINS 'ACTIVE AND ONGOING' - BLOOMBERG NEWS
- SEC Investigation: The U.S. Securities and Exchange Commission (SEC) is currently conducting an active investigation involving Apple Inc.
- Ongoing Nature: The SEC has stated that the probe is still ongoing, indicating that developments may continue to unfold.
See More
AppLovin Stock Drops 15% Following Q4 Earnings Report
- Stock Performance: Apple shares experienced a significant decline of 15% following the release of their Q4 results.
- Market Reaction: The drop in stock price reflects investor concerns regarding the company's financial performance and future outlook.
- Earnings Report: The Q4 results revealed disappointing figures that contributed to the negative market sentiment.
- Investor Sentiment: Analysts and investors are reassessing their positions on Apple in light of the recent earnings report and its implications for the company's growth.
See More
Stock Futures Edge Up as Market Awaits Alphabet Earnings Report
- Enphase Energy Surge: Enphase Energy shares jumped 21% after beating Q4 expectations despite a 10% year-over-year revenue decline, with Q1 guidance projecting revenue between $270 million and $300 million, surpassing consensus, indicating strong performance in battery shipments and safe harbor sales.
- Digital Turbine Growth: Digital Turbine's stock rose 20% as FQ3 revenue increased 12% year-over-year, with non-GAAP adjusted EBITDA soaring 76% to $38.8 million, and FY2026 revenue guidance set at $553 million to $558 million, exceeding market expectations and showcasing improved operational leverage.
- Super Micro Computer Beats Expectations: Super Micro Computer shares gained 7% after delivering FQ2 results and guidance that exceeded expectations, with FQ3 adjusted EPS expected to be at least $0.60 and revenue projected at least $12.3 billion, well above the $10.25 billion estimate, while raising full-year revenue outlook to at least $40 billion, reflecting strong demand in the AI server market.
- Take-Two Interactive Raises Guidance: Take-Two Interactive shares increased 5% following mixed FQ3 results but strong bookings, with FQ4 net bookings expected between $1.51 billion and $1.56 billion, and FY2026 net bookings guidance raised to $6.65 billion to $6.70 billion, indicating confidence in future growth prospects.
See More
Super Micro Computer Q2 Earnings Exceed Expectations
- Earnings Beat: Super Micro Computer reported Q2 earnings of $0.69 per share, surpassing the analyst consensus of $0.49 by 41.68%, indicating a significant improvement in profitability that boosts investor confidence.
- Significant Revenue Growth: The quarterly revenue reached $12.68 billion, exceeding the market estimate of $10.22 billion and representing a 123.76% increase from $5.68 billion in the same period last year, showcasing the company's strong market performance and growth potential.
- Optimistic Outlook: Super Micro expects Q3 adjusted EPS of $0.60, above the analyst estimate of $0.53, and anticipates revenue in the range of $12.3 billion to $12.6 billion, reflecting confidence in future performance.
- Positive Stock Reaction: In pre-market trading, Super Micro's shares jumped 10.5% to $32.79, indicating a favorable market response to its strong earnings and optimistic outlook.
See More
Digital Turbine Reports Strong Q3 2026 Earnings Growth
- Significant Revenue Growth: Digital Turbine's total revenue for Q3 reached $151.4 million, reflecting a 12% year-over-year increase, with the On Device Solutions segment contributing nearly $100 million, up approximately 9% from last year, indicating strong performance in international markets.
- Substantial EBITDA Improvement: The adjusted EBITDA for the quarter was $38.8 million, representing a 76% year-over-year increase, with an EBITDA margin of 26% and a non-GAAP gross margin of 49%, showcasing significant progress in operational efficiency and profitability.
- Strengthened Financial Position: The company repaid over $41 million in debt during the quarter, reducing its debt leverage ratio from more than 5 turns a year ago to approximately 3 turns, demonstrating efforts to enhance its balance sheet and increase financial flexibility for future growth.
- Optimistic Outlook: Management raised the fiscal 2026 revenue guidance to a range of $553 million to $558 million and adjusted EBITDA guidance to $114 million to $117 million, reflecting confidence in sustained growth, particularly in international expansion and new product adoption.
See More
