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AppLovin (APP)
NASDAQ:APP
AppLovin (APP) Stock Price & Analysis
1,091 Followers
APP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$27.96 - $91.91
Previous Close$81.8
Volume1.65M
Average Volume (3M)4.27M
Market Cap
$26.91B
Enterprise Value$30.00B
Total Cash (Recent Filing)$436.34M
Total Debt (Recent Filing)$3.53B
Price to Earnings (P/E)48.5
Beta2.16
Next Earnings
Aug 07, 2024EPS Estimate
$0.74Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.69
Shares Outstanding329,013,668
10 Day Avg. Volume4,521,455
30 Day Avg. Volume4,265,693
Standard Deviation0.20
R-Squared0.22
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-11.41
Price to Sales (P/S)6.56
Price to Cash Flow (P/CF)16.50
P/FCF Ratio14.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.27
Enterprise Value/Gross Profit13.49
Enterprise Value/Ebitda22.13
Forecast
1Y Price Target
$101.50Price Target Upside24.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
AppLovin News
Bulls Say, Bears Say
Bulls Say
AI InvestmentsAPP's AI investments, in particular the launch of the Axon 2.0 targeting algorithm, are seen as a sustainable advantage that may take years for competitors to replicate.
Platform EffectivenessThe 87% increase in app install volume indicates that APP's platform is nearly twice as effective as it was a year ago.
Revenue GrowthAPP's ability to grow software platform revenue by 20-30% over the next few years at a long-term 70%+ adjusted EBITDA margin supports a positive outlook.
Bears Say
Market PressureThe news of the sale has resulted in some pressure on AppLovin shares in early trading.
Share SaleKKR expects to sell 17.5 million shares of AppLovin’s Class A common stock.
Voting PowerKKR’s latest conversion from Class B and subsequent Class A sale results in a revised voting power closer to 73%.
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Ownership Overview
37.33% Insiders
12.30% Mutual Funds
12.79% Other Institutional Investors
37.57% 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 $27.96 and its highest was $91.91 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 17 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 $0.74.
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 Lone Pine Capital LLC. It holds AppLovin’s shares valued at 368M.
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AppLovin Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$101.50 (24.08% Upside)
$101.50 (24.08% Upside)
Blogger Sentiment
Bullish
APP Sentiment 88%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 7.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 4.5%
Last 30 Days ▲ 4.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
186.31%
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.
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APP Earnings Call
Q1 2024
0:00 / 0:00
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APP Stock 12 Month Forecast
Average Price Target
$101.50
▲(24.08% Upside)
Technical Analysis
Best Analysts Covering APP
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+122.94%
reiterated a buy rating last month
Copying Nick McKay's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +122.94% per trade.
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