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AppLovin (APP)
NASDAQ:APP
Holding APP?
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APP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$34.45 - $124.77
Previous Close$123.64
Volume4.04M
Average Volume (3M)3.92M
Market Cap
$41.96B
Enterprise Value$44.38B
Total Cash (Recent Filing)$460.45M
Total Debt (Recent Filing)$3.52B
Price to Earnings (P/E)52.4
Beta2.45
Next Earnings
Nov 06, 2024EPS Estimate
$0.92Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.36
Shares Outstanding334,248,587
10 Day Avg. Volume5,791,863
30 Day Avg. Volume3,917,054
Standard Deviation0.20
R-Squared0.22
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)50.67
Price to Sales (P/S)9.82
Price to Cash Flow (P/CF)20.70
P/FCF Ratio18.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.22
Enterprise Value/Gross Profit19.96
Enterprise Value/Ebitda26.98
Forecast
1Y Price Target
$106.90Price Target Upside-14.85% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering13
AppLovin News
Bulls Say, Bears Say
Bulls Say
Ad PerformanceAppLovin's improved relative return on ad-spend (ROAS) vs competing channels is rarely seen in the digital ads space and could support 20-30% software revenue growth from gaming alone.
Competitive AdvantageAppLovin's scale and data are key competitive advantages that enhance their existing moat and seed growth of new businesses.
Revenue GrowthAppLovin expects to grow at a 20-30% y/y rate for multiple years, based solely on the mobile gaming end-market opportunity.
Bears Say
Business ModelAn opaque business model and deteriorating market sentiment could result in ongoing outsized share price volatility.
Market DynamicsThere is a fundamental disconnect between APP’s ad network business and the mobile gaming market, which poses an ongoing competitive threat.
RevenueThe shares initially indicated down on the lack of an outsized revenue beat and slowing sequential Software Platform growth.
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Ownership Overview
33.59% Insiders
13.47% Mutual Funds
37.46% Other Institutional Investors
15.48% 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 $34.45 and its highest was $124.77 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 Nov 06, 2024 which is in 49 days.
How were AppLovin’s earnings last quarter?
AppLovin released its earnings results on Aug 07, 2024. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.741 by $0.149.
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 $0.92.
How many shares outstanding does AppLovin have?
AppLovin has 297,055,760 shares outstanding.
What happened to AppLovin’s price movement after its last earnings report?
AppLovin reported an EPS of $0.89 in its last earnings report, beating expectations of $0.741. Following the earnings report the stock price went up 14.199%.
Which hedge fund is a major shareholder of AppLovin?
Among the largest hedge funds holding AppLovin’s share is Lone Pine Capital LLC. It holds AppLovin’s shares valued at 475M.
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AppLovin Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$106.90 (-14.85% Downside)
$106.90 (-14.85% Downside)
Blogger Sentiment
Bullish
APP Sentiment 90%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 2.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $71.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
188.74%
12-Months-Change
Fundamentals
Return on Equity
70.66%
Trailing 12-Months
Asset Growth
-3.88%
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.
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APP Earnings Call
Q2 2024
0:00 / 0:00
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APP Stock 12 Month Forecast
Average Price Target
$106.90
▼(-14.85% Downside)
Technical Analysis
Best Analysts Covering APP
1 Year
1 Year Success Rate
12/12 ratings generated profit
1 Year Average Return
+138.27%
reiterated a buy rating last month
Copying Nick McKay's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +138.27% per trade.
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