Dec. 23, 2025 News, Analyst Forecasts, Price Targets, and 2026 Outlook

AppLovin Corporation (NASDAQ: APP) stock is taking a breather on Tuesday, December 23, 2025, after a strong run that has made it one of the market’s most closely watched “AI application layer” winners of the past two years. By late morning, APP shares were trading around $713, down roughly 3% on the session, after closing near $734 on Monday. [1]

That pullback comes even as technical analysts point to a fresh breakout attempt and as Wall Street’s longer-term outlook remains broadly constructive, supported by AppLovin’s recent earnings strength, significant buyback capacity, and expanding ambitions beyond gaming into e-commerce and other verticals. [2]

APP stock price action on Dec. 23, 2025: Why the market is watching

Tuesday’s…

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