StocksMedium•5 November 2026•
1 min read
AppLovin Stock Surges Past $320 on 55% Revenue Growth and $3.2 Billion Buyback
Key Facts
1AppLovin reported third-quarter earnings and revenue that exceeded analyst expectations.
2The company issued Q4 revenue guidance that was above market estimates.
3The company's stock jumped 16% in Thursday's trading session in response to the results.
AppLovin reported third-quarter revenue of $2.185 billion, representing a 55% year-over-year increase. Benzinga reported that the company beat analyst estimates for both earnings and revenue, while the board authorized an additional $3.2 billion for share repurchases.
The stock APP surged past $320 in trading on November 5, 2026, up from its previous close of $271.75 on November 4, 2026. This price action follows the company issuing Q4 revenue guidance that exceeded market expectations.