AppLovin Corp. Class A (APP)
NASDAQ:APP
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APP Stock Chart & Stats
$477.20
-$7.37(-2.23%)
At close: 4:00 PM EST
$477.20
-$7.37(-2.23%)
Day’s Range― - ―
52-Week Range$320.00 - $745.61
Previous CloseN/A
Volume1.82M
Average Volume (3M)4.77M
Market Cap
$203.46B
Enterprise Value$206.72B
Total Cash (Recent Filing)$2.76B
Total Debt (Recent Filing)$3.51B
Price to Earnings (P/E)48.6
Beta3.56
Next Earnings
Aug 12, 2026EPS Estimate
3.75Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)11.72
Shares Outstanding305,732,000
10 Day Avg. Volume4,916,749
30 Day Avg. Volume4,768,447
Financial Highlights & Ratios
PEG Ratio0.62
Price to Book (P/B)106.94
Price to Sales (P/S)41.65
P/FCF Ratio57.90
Enterprise Value/Market Cap1.02
Enterprise Value/Revenue33.54
Enterprise Value/Gross Profit37.95
Enterprise Value/Ebitda41.82
Forecast
1Y Price Target
$663.05Price Target Upside38.95% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)16.07
Revenue Forecast (FY)$8.20B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationAppLovin’s TTM operating and free cash flow of roughly $4.4B demonstrates durable cash conversion and high earnings quality. Strong FCF funds buybacks, ops and product investment without heavy new financing, underpinning financial flexibility and resilience over the next several quarters.
High And Expanding MarginsMargins have expanded dramatically from prior losses to very strong profitability, yielding exceptional EBITDA and net income conversion. Sustained high margins support durable free cash flow, high ROE and reinvestment ability, making core operations structurally profitable across cycles.
AI-driven Product MoatInternal AI (AXON 2) and MAX auction network effects produce measurable ad performance and bid density advantages. Those tech-driven efficiencies increase advertiser ROAS and publisher yield, creating a durable competitive edge that supports customer retention and scaling over the medium term.
Bears Say
Elevated LeverageAppLovin’s meaningful leverage (~1.5x debt-to-equity TTM) leaves the company more exposed to earnings or market-cycle swings. Higher debt constrains capital allocation flexibility, increases interest burden risk, and magnifies downside if revenue or margins soften over the next several quarters.
Revenue Growth VolatilityHistoric swings in revenue growth reduce predictability of future top-line performance. This episodic pattern complicates planning for a leveraged business model and may strain margins or cash conversion if another mid-cycle slowdown occurs before newer initiatives fully scale.
E-commerce/self-serve Execution RiskThe self-serve/e-commerce initiative is early and faces conversion frictions and creative asset shortages. A 43% qualified-lead breakage rate plus need for generative-AI creative to scale means outsized execution risk: slower adoption or persistent funnel issues would limit durable revenue contribution.
AppLovin News
APP FAQ
What was AppLovin Corp. Class A’s price range in the past 12 months?
AppLovin Corp. Class A lowest stock price was $320.00 and its highest was $745.61 in the past 12 months.
What is AppLovin Corp. Class A’s market cap?
AppLovin Corp. Class A’s market cap is $203.46B.
When is AppLovin Corp. Class A’s upcoming earnings report date?
AppLovin Corp. Class A’s upcoming earnings report date is Aug 12, 2026 which is in 69 days.
How were AppLovin Corp. Class A’s earnings last quarter?
AppLovin Corp. Class A released its earnings results on Feb 11, 2026. The company reported $3.56 earnings per share for the quarter, beating the consensus estimate of $3.444 by $0.116.
Is AppLovin Corp. Class A overvalued?
According to Wall Street analysts AppLovin Corp. Class A’s price is currently Undervalued.
Does AppLovin Corp. Class A pay dividends?
AppLovin Corp. Class A does not currently pay dividends.
What is AppLovin Corp. Class A’s EPS estimate?
AppLovin Corp. Class A’s EPS estimate is 3.75.
How many shares outstanding does AppLovin Corp. Class A have?
AppLovin Corp. Class A has 305,732,000 shares outstanding.
What happened to AppLovin Corp. Class A’s price movement after its last earnings report?
AppLovin Corp. Class A reported an EPS of $3.56 in its last earnings report, beating expectations of $3.444. Following the earnings report the stock price went down -19.68%.
Which hedge fund is a major shareholder of AppLovin Corp. Class A?
Currently, no hedge funds are holding shares in APP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
AppLovin Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$663.05 (38.95% Upside)
$663.05 (38.95% Upside)
Blogger Sentiment
Bullish
APP Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 704.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $57.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
News Sentiment
Bullish
Bullish news 79%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Negative
20 days / 200 days
Momentum
43.24%
12-Months-Change
Fundamentals
Return on Equity
222.04%
Trailing 12-Months
Asset Growth
35.06%
Trailing 12-Months
Company Description
AppLovin Corp. Class A
AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; and MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction. Its business clients include various advertisers, publishers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.
APP Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly positive: management reported robust top-line growth (Q1 revenue +59% YoY), exceptional profitability (85% adjusted EBITDA margin, +66% YoY), sizable free cash flow and balance-sheet strength, and announced a major product milestone (Axon opening in June) alongside rapid consumer vertical acceleration (March +25% vs January; April record month). Risks cited were largely execution/timing related (onboarding/video rollout, early-stage initiatives, and third-party compute costs) but described as manageable and near-term resolvable. Overall, highlights substantially outweighed the lowlights, with the company positioned for continued compounding growth if product rollouts (notably video and self-serve Axon) execute as planned.View all APP earnings summariesAPP Stock 12 Month Forecast
Average Price Target
$663.05
▲(38.95% Upside)
Technical Analysis
Ownership Overview
5.30% Insiders
20.53% Mutual Funds
18.53% Other Institutional Investors
31.91% Public Companies and Individual Investors