AppLovin (APP) Stock

I have a "Hold" rating on AppLovin Corporation because I believe the potential returns are limited and the stock may be overvalued, even though the company is performing well and growing with AI. Their Q3 results were strong, showing significant revenue growth and profits, mainly from the Software Platform and improvements in the AXON algorithm. While management is hopeful about future growth in 2025/26 due to new technology and business opportunities, failing to meet these high expectations could result in a drop in the stock's value.

This is a comparison of how AppLovin (APP) and Cintas (CTAS) have done in relation to their industry this year.

Editors' Selections for Companies Expected to Gain Attention

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On the most recent trading day, AppLovin (APP) closed at $366.34, which is an increase of 1.55% compared to its last closing price.

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AppLovin (APP) has strong growth characteristics that may enable it to significantly surpass market performance.

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AppLovin's stock price has skyrocketed in recent years, establishing it as one of the top performers on Wall Street. In 2023, its value increased by more than 3,500% from its lowest point, turning it into a massive company worth $121 billion.