Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
15 April 2021Website:
http://www.applovin.comNext earnings report:
06 November 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 8 min agoDividend
Analysts recommendations
Institutional Ownership
APP Latest News
AppLovin's 310% gain this year makes it the best-performing stock among all U.S. tech companies with a market cap of at least $5 billion, according to FactSet data. That puts pressure on the company to show impressive results when it reports earnings this week.
Seeking Alpha's Investing Group leaders presented their earnings assessments from Mag 7 tech giants. Are investors missing hidden opportunities with BDCs, CEFs, mREITs, and preferreds? The case is made for breaking up Realty Income.
AppLovin NASDAQ: APP stock has had an incredible uptick in 2024, with shares over quadrupling in value. Despite its massive rise, Wall Street analysts are still projecting upside in the tech stock.
Besides Wall Street's top -and-bottom-line estimates for AppLovin (APP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Here is how AppLovin (APP) and Distribution Solutions Group (DSGR) have performed compared to their sector so far this year.
AppLovin Corp (NASDAQ: APP) continues its remarkable ascent, hitting new all-time highs daily, including a peak of $163.13 yesterday. On October 22, Loop Capital initiated coverage on the stock with a ‘Buy' rating and a $181 price target.
AppLovin (APP) reachead $158.95 at the closing of the latest trading day, reflecting a +0.06% change compared to its last close.
Strong earnings growth and a crucial place in its industry have shares of mobile marketer AppLovin, Corp. (APP).
AppLovin's impressive growth is driven by AI-related tailwinds and positive fundamentals, but the current stock price appears to be too pricey, warranting a "Hold" rating. Q2 financials show strong revenue and EPS growth, but potential peak EBITDA margins and declining monthly active payers raise concerns. Despite a solid balance sheet and good shareholder returns, valuation analysis suggests the stock is overvalued by 10-11% based on current consensus.
What type of business is AppLovin?
AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products. It also offers SparkLabs, which uses app store optimization to enhance ad visibility; AppLovin Exchange, which connects buyers to mobile and CTV devices through a single and direct RTB exchange; and Array, an end-to-end app management suite for mobile operators and end users. In addition, the company operates various free-to-play mobile games. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, indie studio developers, and internet platforms. AppLovin Corporation was incorporated in 2011 and is headquartered in Palo Alto, California.
What sector is AppLovin in?
AppLovin is in the Technology sector
What industry is AppLovin in?
AppLovin is in the Software Application industry
What country is AppLovin from?
AppLovin is headquartered in United States
When did AppLovin go public?
AppLovin initial public offering (IPO) was on 15 April 2021
What is AppLovin website?
https://www.applovin.com
Is AppLovin in the S&P 500?
No, AppLovin is not included in the S&P 500 index
Is AppLovin in the NASDAQ 100?
No, AppLovin is not included in the NASDAQ 100 index
Is AppLovin in the Dow Jones?
No, AppLovin is not included in the Dow Jones index
When was AppLovin the previous earnings report?
No data
When does AppLovin earnings report?
The next expected earnings date for AppLovin is 06 November 2024