Key Takeaways

• AppLovin (NASDAQ: APP) closed at $356.10 on 5 November 2026, up 31.04% from the 4 November close of $271.75. ⁴
• Q3 revenue grew 55% to $2.185 billion, and Q4 revenue guidance topped the $2.25 billion consensus. ^1,3
• The Nasdaq Composite fell 5.52% in the same session, its worst day in 18 months. ⁵

AppLovin stock closed 31.04% higher at $356.10 on Thursday, 5 November 2026, on the same day the Nasdaq Composite lost 5.52%. ^4,5 One stock, one index, more than 36 percentage points apart. The gap opened on one release: third-quarter results published after the US close on 4 November, early on 5 November here in Asia. ³ Every price and level below is as of 10:09 (GMT+8) on 6 November 2026, the stamp on the TradingView chart used for this analysis.

That makes it the AppLovin stock news today worth slowing down for. The same stock fell 19.7% after two earlier 2026 reports, ⁶ so why did this one land differently, and what did it leave behind for anyone following US shares?

Quick Answer

AppLovin stock rose 31.04% to $356.10 on 5 November 2026 after third-quarter revenue grew 55% to $2.185 billion, about $100 million above the top of its own guidance. Fourth-quarter guidance also beat estimates comfortably, even as the tech-heavy Nasdaq Composite fell 5.52% the same day.

AppLovin Q3 2026 Earnings at a Glance

Metric	Q3 2026 Result	Compared With
Revenue	$2.185 billion	$2.08 billion consensus
Revenue Growth	55% year on year	46% to 48% company guidance
Diluted EPS	$4.30	$4.04 consensus
Net Income	$1.439 billion	Up 72% year on year
Free Cash Flow	$1.4 billion	About 65% of revenue
Q4 2026 Revenue Guidance	$2.365 billion to $2.395 billion	$2.25 billion consensus
Share Repurchase Authorisation	$3.6 billion	After a $3.2 billion increase

Table 1: Data from the AppLovin Q3 2026 release,¹ the Q3 earnings call,² Investing.com,³ and Yahoo Finance.⁸ Accessed on 6 November 2026.

AppLovin Stock Price Today: As of 10:09 (GMT+8) on 6 November 2026, AppLovin’s Nasdaq-listed Class A shares showed an overnight quote of $352.70 on the TradingView chart, after a final hourly close of $356.04; the 52-week closing range runs from $228.50 to $733.60. ⁷

AppLovin Earnings: Q3 Cleared Its Own Bar

The headline numbers in Table 1 would stand out in any earnings season: 55% revenue growth, 72% net income growth, and earnings per share (EPS) of $4.30 against a $4.04 consensus. ^1,3

The comparison that mattered more was internal. AppLovin had guided Q3 growth of 46% to 48% ⁸ and delivered 55%; Chief Financial Officer Matt Stumpf said revenue cleared the top of that range by about $100 million, led by mobile gaming after model improvements. ² Rare is the earnings call where outperforming yourself is the headline.

By our arithmetic, Q4 guidance sits 42.64% to 44.45% above Q4 2025 revenue of $1.658 billion, ^1,14 slower growth than Q3, from a much larger base.

Numbers like these explain a rise. The AppLovin stock chart shows how abruptly it arrived.

AppLovin Stock Chart: A Gap Above Both Averages

The chart tells this story in two gaps. AppLovin spent most of October below its 200-period moving average, then gapped lower on 30 October and closed at $228.50, its lowest close of the past year, with no company news; Trefis tied it to a wider decline in AI stocks. ⁷

The stock closed 4 November at $271.75, ⁴ near the 200-period line, then opened 5 November above both averages and ranged between roughly $339 and $365. Nothing traded in between on the regular-session chart: an earnings gap, up close.

At the chart stamp, the last hourly close of $356.04 stood 30.61% above the 200-period average. The 14-period Relative Strength Index (RSI) on the TradingView setup used for this analysis read 83.69, four sessions after dipping near 11. Basement to rooftop in under a week: that describes the speed of the move, not the next one.

AppLovin Levels on the Chart, as of 10:09 (GMT+8), 6 November 2026

Level	Price	What It Marks
Upper End of 5 November Range	Near $365	Intraday high after the open
Final Hourly Close, 5 November	$356.04	Last regular-session bar on the chart
Overnight Quote	$352.70	Overnight session at the chart stamp
Lower End of 5 November Range	Near $339	Intraday low and upper edge of the gap
200-Period Hourly Moving Average	$272.59	Near the 4 November close of $271.75, the lower edge of the gap
50-Period Hourly Moving Average	$264.36	Turned higher after 4 November

Table 2: Levels read from the TradingView APP H1 chart used for this analysis, as of 10:09 (GMT+8) on 6 November 2026. The 4 November close is from Yahoo Finance.⁴ Indicative only.

A 31% day looks this dramatic partly because of how far the starting point had sunk.

Why Was AppLovin Stock Down 60%?

AppLovin stock lost 59.6% in the year to 29 October 2026, while the S&P 500 returned 13.3%, according to Trefis. ⁶ That was an uncomfortable run for a company that only joined the index on 22 September 2025. ¹¹

The two worst days followed earnings, with 19.7% falls on 12 February and 6 August. ⁶ Two more came as reports suggested AI products from Google and CloudX could compete with AppLovin, ⁶ and August brought slower Q3 guidance. ⁸

Then came the AppLovin short report. In January, CapitalWatch alleged links to illicit funds, which AppLovin rejected, MarketBeat reported. ¹⁰ A class action filed on 16 September 2026 is also pending, and AppLovin says it lacks merit. ⁹ As for an AppLovin stock split, the Q3 release does not mention one. ¹

So what was different on 5 November?

AppLovin Stock Analysis: What Changed This Time

Three things, on our reading.

First, AppLovin beat its own guidance after Q2 had fallen just short of it. ⁸ Morgan Stanley said the results “directly challenge concerns” that growth was slowing on weak innovation and rising competition, Stocktwits reported. ¹⁵

Second, the models. BTIG’s Clark Lampen tied the quarter to a hybrid model pairing a recommendation system with large language models, ad-tech for two brains beating one. ¹⁶ Needham’s Bernie McTernan said, “The model does better with sparse data, which should help smaller advertisers”. ¹⁶ Wedbush’s Alicia Reese noted that management guides only to what it can already see. ¹⁶

Third, the starting point. The report landed three sessions after the year’s lowest close, ⁷ suggesting expectations were already low. And on 5 November, losses concentrated in companies building AI infrastructure; ⁵ AppLovin, which earns its revenue from advertising, moved with that rotation rather than with the index.

AppLovin’s two worst days of 2026 came after earnings reports; its 31.04% rise on 5 November came after one too, on the Nasdaq’s worst day in 18 months.

None of this adds up to an AppLovin stock forecast, and an AppLovin stock prediction or forecast for 2030 sits far beyond what one quarter can show. The read weakens if model-driven growth fades in the next report, or if litigation or a fresh short report questions its quality.

The calendar decides when those questions get asked.

What to Watch Next for AppLovin Stock

• US CPI, 10 November 2026: October inflation data at 08:30 (ET), 21:30 (GMT+8). ¹² A rate-expectations input for growth stocks.
• NVIDIA Q3 Results, 17 November 2026: Call at 17:00 (ET), or 06:00 (GMT+8) on 18 November, breakfast time in Asia. ¹³ A test of the AI infrastructure decline AppLovin sidestepped; see NVIDIA news.
• AppLovin Earnings Date for Q4 2026, to Be Confirmed: Not yet announced; Q4 2025 results came on 11 February 2026. ¹⁴ The yardstick is the $2.365 billion to $2.395 billion range. ¹
• The Gap Edges, Ongoing: The 4 November close of $271.75 and the 5 November low near $339 mark the two edges of the gap (Table 2).

The dates are fixed; the exposure carried between them is not.

Gap Risk After a 31% Session

So, back to that 36-point gap. On our reading, the report answered the doubt August left behind, on a day the market marked down AI builders rather than an AI-powered ad business. Whether that separation lasts is the question the 17 November and Q4 dates put to it.

Earnings arrive outside regular hours, so prices can open far from the previous close. A Stop Loss can help limit a loss to a planned size, but in a gap like the one between $271.75 and roughly $339 it is filled at the next available price, which can be worse than the level set.

Leverage in products such as share CFDs magnifies gains and losses alike, so a 31.04% move in the underlying share is multiplied in either direction. Sizing exposure against account equity, rather than against a view on one report, can help keep a single overnight gap from carrying outsized weight.

AppLovin Stock FAQs

What Is the AppLovin Stock Symbol?

AppLovin Corporation stock trades on the Nasdaq under APP. ¹ AppLovin Corp stock, AppLovin stocks: it is one Class A listing, in the S&P 500 since 22 September 2025. ¹¹

Why Did AppLovin Stock Rise on 5 November 2026?

Q3 revenue grew 55% to $2.185 billion, above consensus, and Q4 guidance beat estimates. ^1,3 The AppLovin share price closed 31.04% higher at $356.10. ⁴

When Is the Next AppLovin Earnings Date?

It had not been confirmed as of 6 November 2026. AppLovin reported its Q4 2025 results on 11 February 2026. ¹⁴

RISK WARNING: CFDs are complex financial instruments and carry a high risk of losing money rapidly due to leverage. You should ensure you fully understand the risks involved and carefully consider whether you can afford to take the high risk of losing your money before trading.

Disclaimer: The information is provided for educational purposes only and doesn’t take into account your personal objectives, financial circumstances, or needs. It does not constitute investment advice. We encourage you to seek independent advice if necessary. The information has not been prepared in accordance with legal requirements designed to promote the independence of investment research. No representation or warranty is given as to the accuracy or completeness of any information contained within. This material may contain historical or past performance figures and should not be relied on. Furthermore estimates, forward-looking statements, and forecasts cannot be guaranteed. The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

References

[1] “AppLovin Announces Third Quarter 2026 Financial Results, Exhibit 99.1 – U.S. Securities and Exchange Commission” https://www.sec.gov/Archives/edgar/data/0001751008/000175100826000068/exhibit991-3q26earningspre.htm Accessed on 6 November 2026.

[2] “AppLovin (APP) Q3 2026 Earnings Call Transcript – The Motley Fool” https://www.fool.com/earnings/call-transcripts/2026/11/05/applovin-app-q3-2026-earnings-call-transcript/ Accessed on 6 November 2026.

[3] “Applovin Shares Surge on Strong Q3 Results and Guidance – Investing.com” https://www.investing.com/news/earnings/applovin-shares-surge-on-strong-q3-results-and-guidance-5001312 Accessed on 6 November 2026.

[4] “AppLovin Delivers Strong Q3 2026 Numbers, Stock Jumps 24.9% – Yahoo Finance” https://finance.yahoo.com/markets/stocks/articles/applovin-nasdaq-app-delivers-strong-223804244.html Accessed on 6 November 2026.

[5] “Stock Market Today, Nov. 5: Nasdaq Suffers Worst Day in 18 Months as AI Trade Comes Under Fire – The Motley Fool” https://www.fool.com/coverage/stock-market-today/2026/11/05/stock-market-today-nov-5-nasdaq-suffers-worst-day-in-18-months-as-ai-trade-comes-under-fire/ Accessed on 6 November 2026.

[6] “Did the Market Read AppLovin Stock Right? – Trefis” https://www.trefis.com/stock/app/articles/621520/did-the-market-read-applovin-stock-right/2026-10-30 Accessed on 6 November 2026.

[7] “What Just Happened to AppLovin Stock? – Trefis” https://www.trefis.com/stock/app/articles/621864/what-just-happened-to-applovin-stock/2026-11-01 Accessed on 6 November 2026.

[8] “Does the Fall in AppLovin Stock Change Anything? – Yahoo Finance” https://finance.yahoo.com/markets/stocks/articles/does-fall-applovin-stock-change-203412883.html Accessed on 6 November 2026.

[9] “AppLovin Corporation Form 10-Q for the Quarter Ended 30 September 2026 – U.S. Securities and Exchange Commission” https://www.sec.gov/Archives/edgar/data/0001751008/000175100826000069/app-20260930.htm Accessed on 6 November 2026.

[10] “AppLovin Faces Money Laundering Claims: Here’s What’s Missing – MarketBeat” https://www.marketbeat.com/originals/applovin-faces-money-laundering-claimsheres-whats-missing/ Accessed on 6 November 2026.

[11] “AppLovin, Robinhood Markets and Emcor Group Set to Join S&P 500 – S&P Dow Jones Indices” https://press.spglobal.com/2025-09-05-AppLovin,-Robinhood-Markets-and-Emcor-Group-Set-to-Join-S-P-500-Others-to-Join-S-P-100,-S-P-MidCap-400-and-S-P-SmallCap-600 Accessed on 6 November 2026.

[12] “Consumer Price Index Release Schedule – U.S. Bureau of Labor Statistics” https://www.bls.gov/schedule/news_release/cpi.htm Accessed on 6 November 2026.

[13] “NVIDIA Sets Conference Call for Third-Quarter Financial Results – NVIDIA” https://investor.nvidia.com/news/press-release-details/2026/NVIDIA-Sets-Conference-Call-for-Third-Quarter-Financial-Results/default.aspx Accessed on 6 November 2026.

[14] “AppLovin Announces Fourth Quarter and Full Year 2025 Financial Results, Exhibit 99.1 – U.S. Securities and Exchange Commission” https://www.sec.gov/Archives/edgar/data/1751008/000175100826000005/exhibit991-4q25earningspre.htm Accessed on 6 November 2026.

[15] “APP Stock on Track to Log Best Day in Nearly 2 Years: Analyst Says Q3 ‘Directly Challenges’ Slowdown Fears – Stocktwits” https://stocktwits.com/news-articles/markets/equity/app-stock-best-day-in-nearly-2-years-analyst-says-q3-directly-challenges-slowdown-fears/cNG1nwaR94J Accessed on 6 November 2026.

[16] “AppLovin Posts Q3 Beat, Hybrid Model Rollout Lifts Sentiment: Analysts – Benzinga” https://www.benzinga.com/markets/tech/26/11/62944917/applovin-posts-q3-beat-hybrid-model-rollout-lifts-sentiment-analysts Accessed on 6 November 2026.