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
839 Followers
APP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.04 - $88.50
Previous Close$83.44
Volume2.33M
Average Volume (3M)4.49M
Market Cap
$27.56B
Enterprise Value$30.31B
Total Cash (Recent Filing)$332.49M
Total Debt (Recent Filing)$3.19B
Price to Earnings (P/E)49.4
Beta1.97
Next Earnings
Aug 07, 2024EPS Estimate
$0.72Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.69
Shares Outstanding329,013,668
10 Day Avg. Volume5,343,124
30 Day Avg. Volume4,485,256
Standard Deviation0.20
R-Squared0.21
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-15.12
Price to Sales (P/S)8.12
Price to Cash Flow (P/CF)20.70
P/FCF Ratio13.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.00
Enterprise Value/Gross Profit19.42
Enterprise Value/Ebitda36.59
Forecast
1Y Price Target
$95.05Price Target Upside13.45% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
AppLovin News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst's recommendation to maintain a Buy rating is based on AppLovin's strong growth prospects, healthy margins, and robust cash flow.
Product DevelopmentAppLovin's AI engine, AXON 2.0, significantly outperforms revenue expectations, highlighting the company's advanced technological capabilities and potential for continued innovation.
Share RepurchaseAppLovin repurchased and withheld 14.9 million shares of Class A common stock, showcasing a strong commitment to enhancing shareholder value.
Bears Say
Market CompetitionAppLovin faces stiff competition in the tech market from giants like Alphabet and Meta, which could stifle the company's growth and market share.
Stock Sale ImpactKKR's decision to sell a substantial portion of its stake in AppLovin puts negative pressure on the stock as investors may view this move as a lack of confidence from a major stakeholder.
Technological UncertaintyAppLovin's management has expressed concerns over the unpredictability of their AI-based technology's impact, the significant investments required, and the extended duration for realizing potential returns, which could deter investor confidence.
---
Ownership Overview
38.79% Insiders
11.21% Mutual Funds
30.79% Other Institutional Investors
19.21% 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 $21.04 and its highest was $88.50 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 Aug 07, 2024 which is in 84 days.
How were AppLovin’s earnings last quarter?
AppLovin released its earnings results on May 08, 2024. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.567 by $0.103.
Is AppLovin overvalued?
According to Wall Street analysts AppLovin’s price is currently Undervalued.
Does AppLovin pay dividends?
AppLovin does not currently pay dividends.
What is AppLovin’s EPS estimate?
AppLovin’s EPS estimate is $0.72.
How many shares outstanding does AppLovin have?
AppLovin has 273,970,860 shares outstanding.
What happened to AppLovin’s price movement after its last earnings report?
AppLovin reported an EPS of $0.67 in its last earnings report, beating expectations of $0.567. Following the earnings report the stock price went up 14.446%.
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
Strong Buy
Average Price Target:
$95.05 (13.45% Upside)
$95.05 (13.45% Upside)
Blogger Sentiment
Bullish
APP Sentiment 84%
Sector Average 67%
Sector Average 67%
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 ▲ 2.6%
Last 30 Days ▲ 5.2%
Last 30 Days ▲ 5.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
287.91%
12-Months-Change
Fundamentals
Return on Equity
44.69%
Trailing 12-Months
Asset Growth
-11.04%
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
Q1 2024
0:00 / 0:00
---
APP Stock 12 Month Forecast
Average Price Target
$95.05
▲(13.45% Upside)
Technical Analysis
Best Analysts Covering APP
1 Year
1 Year Success Rate
9/9 ratings generated profit
1 Year Average Return
+141.27%
reiterated a buy rating 2 days ago
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 +141.27% per trade.
---