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Feb 12, 2026 12:30 PM

Wedbush Highlights AppLovin's 'Staggering' Profit Margin After Q4 Drop

AppLovin Corp (NASDAQ:APP) shares are trading lower on Thursday after the company reported its fourth-quarter financial results, despite delivering a strong beat-and-raise quarter that exceeded Wall Street expectations.

Following the print, Wedbush defended AppLovin and significantly raised its price target, expecting outsized gains over the coming year.

AppLovin shares are retreating from recent levels. Why is APP stock falling?

Wedbush Sees Massive Upside After Earnings Sell-Off

AppLovin posted a positive fourth-quarter, with revenue of $1.658 billion, ahead of estimates and up 66% year-over-year, and adjusted EBITDA of $1.399 billion. Earnings per share of $3.24 also beat expectations. Despite the positive quarter, the stock is facing heavy ...