Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
AppLovin (APP)
NASDAQ:APP
AppLovin (APP) Stock Price & Analysis
744 Followers
APP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$15.41 - $79.55
Previous Close$70.9
Volume2.39M
Average Volume (3M)4.52M
Market Cap
$24.25B
Enterprise Value$27.10B
Total Cash (Recent Filing)$332.49M
Total Debt (Recent Filing)$3.19B
Price to Earnings (P/E)70.7
Beta1.96
Next Earnings
May 08, 2024EPS Estimate
$0.56Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.00
Shares Outstanding341,996,982
10 Day Avg. Volume3,944,691
30 Day Avg. Volume4,516,432
Standard Deviation0.21
R-Squared0.22
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-13.00
Price to Sales (P/S)6.95
Price to Cash Flow (P/CF)17.80
P/FCF Ratio11.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.94
Enterprise Value/Gross Profit17.36
Enterprise Value/Ebitda32.72
Forecast
1Y Price Target
$70.67Price Target Upside-0.32% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering16
AppLovin News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst upgrades AppLovin's 12-month price target to $87, reflecting strong confidence in the company's robust financial performance and momentum.
Market ExpansionAppLovin's strategic growth into CTV, on-device, and non-gaming sectors, paired with innovative initiatives, positions the company to potentially surpass market expectations.
Product InnovationAppLovin introduces a new AI-based ad tech platform, bringing cutting-edge technology to mobile app developers and driving the company's high growth.
Bears Say
Market CompetitionAPP faces large competitors in a market with significant competition from companies like Alphabet (GOOGL) and Meta.
Share Sale ImpactAppLovin will not receive any proceeds from the sale of shares by KKR.
Technology UncertaintyManagement cautioned about the newness of their AI-based technology and the uncertainty of forecasting its impact, alongside the need for hefty investments and a long payback time.
---
Ownership Overview
39.29% Insiders
11.26% Mutual Funds
9.54% Other Institutional Investors
39.90% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by AppLovin
Desktop Users
Mobile Users
APP FAQ
What was AppLovin’s price range in the past 12 months?
AppLovin lowest stock price was $15.41 and its highest was $79.55 in the past 12 months.
What is AppLovin’s market cap?
Currently, no data Available
When is AppLovin’s upcoming earnings report date?
AppLovin’s upcoming earnings report date is May 08, 2024 which is in 19 days.
How were AppLovin’s earnings last quarter?
AppLovin released its earnings results on Feb 14, 2024. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.346 by $0.144.
Is AppLovin overvalued?
According to Wall Street analysts AppLovin’s price is currently Overvalued.
Does AppLovin pay dividends?
AppLovin does not currently pay dividends.
What is AppLovin’s EPS estimate?
AppLovin’s EPS estimate is $0.56.
How many shares outstanding does AppLovin have?
AppLovin has 270,884,370 shares outstanding.
What happened to AppLovin’s price movement after its last earnings report?
AppLovin reported an EPS of $0.49 in its last earnings report, beating expectations of $0.346. Following the earnings report the stock price went up 24.813%.
Which hedge fund is a major shareholder of AppLovin?
Among the largest hedge funds holding AppLovin’s share is Spruce House Investment Management Llc. It holds AppLovin’s shares valued at 199M.
---
AppLovin Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$70.67 (-0.32% Downside)
$70.67 (-0.32% Downside)
Blogger Sentiment
Bullish
APP Sentiment 77%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 256.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.2B over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.6%
Last 30 Days ▲ 8.8%
Last 30 Days ▲ 8.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
333.90%
12-Months-Change
Fundamentals
Return on Equity
22.47%
Trailing 12-Months
Asset Growth
-8.36%
Trailing 12-Months
Company Description
AppLovin
AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide advanced tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their apps.
---
APP Earnings Call
Q4 2024
0:00 / 0:00
---
APP Stock 12 Months Forecast
Average Price Target
$70.67
▼(-0.32% Downside)
Technical Analysis
Best Analysts Covering APP
1 Year
1 Year Success Rate
7/8 ratings generated profit
1 Year Average Return
+141.22%
reiterated a buy rating 9 days ago
Copying Nick McKay's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +141.22% per trade.
---