AppLovin Corporation (APP)

NASDAQ: APP · IEX Real-Time Price · USD
25.17
+0.36 (1.43%)
Jun 5, 2023, 1:21 PM EDT - Market open
1.43%
Market Cap 8.76B
Revenue (ttm) 2.91B
Net Income (ttm) -82.13M
Shares Out 347.91M
EPS (ttm) -0.23
PE Ratio n/a
Forward PE 5.99
Dividend n/a
Ex-Dividend Date n/a
Volume 1,261,337
Open 24.79
Previous Close 24.81
Day's Range 24.19 - 25.17
52-Week Range 9.14 - 44.76
Beta 1.94
Analysts Buy
Price Target 28.00 (+11.27%)
Earnings Date May 10, 2023

About APP

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 optimize... [Read more]

Sector Technology
IPO Date Apr 15, 2021
Employees 1,707
Stock Exchange NASDAQ
Ticker Symbol APP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for APP stock is "Buy." The 12-month stock price forecast is $28.0, which is an increase of 11.27% from the latest price.

Price Target
$28.0
(11.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AppLovin Announces GQG Purchase of 15 Million Shares of Class A Common Stock from KKR

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin” or the “Company”), a leading marketing platform, today announced that KKR Denali Holdings L.P. (“KKR”) entered into a...

3 days ago - Business Wire

AppLovin Array Extends Global Partnership with OPPO to Deliver Best-in-Class Mobile App Recommendations For Users

PALO ALTO, Calif.--(BUSINESS WIRE)--Array, AppLovin's (NASDAQ: APP) suite of solutions for OEMs and telecom carriers, today announced that it has broadened its strategic partnership with OPPO, a globa...

6 days ago - Business Wire

AppLovin stock roars as analyst sees an edge from AI in struggling mobile-ad market

AppLovin Corp. shares rallied again Wednesday after a Wall Street analyst upgraded the stock and said the app-monetization company's advancements in artificial intelligence puts it ahead of the compet...

2 weeks ago - Market Watch
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The Bottom Is In For AppLovin; Reversal Is Next

Shares of AppLovin NYSE: APP have finally bottomed. After correcting more than 90%, the stock price, valuation and outlook have aligned in a way that will be meaningful to investors.

3 weeks ago - MarketBeat

AppLovin, Unity stocks soar as investors see mobile-ad market bottoming, but analysts are still cautious

AppLovin Corp. and Unity Software Inc. shares rallied Thursday after both app-monetization companies turned in better-than-expected results and forecasts late Wednesday, but analysts were cautious abo...

Other symbols: U
3 weeks ago - Market Watch

Applovin Stock Is Soaring. It's Too Cheap to Ignore, Analyst Says.

The mobile app technology company beat first-quarter revenue expectations and delivered positive guidance for the current quarter.

3 weeks ago - Barrons

AppLovin stock surges as revenue, outlook beat Street estimates

AppLovin Corp. APP shares rallied Wednesday after the app-monetization company's revenue and forecast topped Wall Street expectations. AppLovin shares rallied 8% after-hours, following a 1.6% gain to ...

3 weeks ago - Market Watch

AppLovin Announces First Quarter 2023 Financial Results

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced financial results for the quarter ended March 31, 2023 and posted a S...

3 weeks ago - Business Wire
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AppLovin's Performance-Based Buying for CTV Advertising Delivers New Incremental Channel for Scalable App Growth

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, is bringing performance-based buying to connected TV (CTV) within its powerful mobile...

1 month ago - Business Wire

AppLovin Expands Google Bidding's Open Beta To All MAX Publishers

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, announced today that Google's bidding open beta as an SDK buyer will be available to ...

1 month ago - Business Wire

AppLovin to Announce First Quarter 2023 Results

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation, (NASDAQ: APP) (“AppLovin” or the “Company”) a leading marketing software platform, today announced it will report financial results for the fi...

2 months ago - Business Wire

New Report From Adjust Shows Positive Early Momentum For E-commerce, Fintech, And Gaming Mobile Apps In 2023

Adjust's Mobile App Trends ebook provides key insights for developers and marketers to drive strategic growth in the year ahead SAN FRANCISCO , March 28, 2023 /PRNewswire/ -- Mobile marketing analytic...

2 months ago - PRNewsWire

Adjust Unveils Pulse: Smart Alerts For Marketers to Optimize Mobile Campaigns

Adjust's new solution ensures that app marketers never miss a beat with highly customizable alerts allowing them to monitor key metrics and take swift, strategic action SAN FRANCISCO , March 20, 2023 ...

2 months ago - PRNewsWire
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Life360, Sezzle, Unity and AppLovin disclose exposure to SVB in new statements

Though the Federal Reserve stated on Sunday that Silicon Valley Bank's depositors, both uninsured and insured, will be made whole, several more tech firms disclosed their exposure to SVB over the week...

Other symbols: SIVBU
3 months ago - TechCrunch

AppLovin Confirms Minimal Exposure to Silicon Valley Bank

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today issued the following statement regarding the closure of Silicon Valley Bank (“S...

3 months ago - Business Wire

Should You Be Loving AppLovin Stock?

Mobile advertising and app monetization platform provider AppLovin Co. (NASDAQ: APP) stock gapped nicely on its Q4 2022 earnings release. Applovin provides app developers tools and services to grow an...

3 months ago - MarketBeat

AppLovin's stock soars more than 30% as Wall Street sees a bottom for mobile-ad market

AppLovin Corp. shares were challenging their best one-day gain on record Thursday after the company surprised Wall Street with a strong quarter and a forecast that may be changing Wall Street's view o...

4 months ago - Market Watch

AppLovin stock soars more than 20% following strong forecast in a weak market

AppLovin Corp. shares soared in the extended session Wednesday after the app-monetization company provided a strong forecast in a mobile-ad market that is widely regarded as weakening.

4 months ago - Market Watch

AppLovin Announces Fourth Quarter and Full Year 2022 Financial Results

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced financial results for the quarter and full year ended December 31, 20...

4 months ago - Business Wire

AppLovin Unveils Most Effective, Performance-Driven Mobile Ad Trends

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin (NASDAQ: APP), the leading growth platform for developers, today released its first-ever Creative Trends Report 2023, unveiling the top performance-drive...

4 months ago - Business Wire

AppLovin to Announce Fourth Quarter and Full Year 2022 Results

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation, (NASDAQ: APP) (“AppLovin” or the “Company”) a leading marketing software platform, today announced it will report financial results for the ...

4 months ago - Business Wire

Most Oversold Stocks In The Information Technology Sector: AppLovin, PagSeguro Digital And More

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: MARAPAGSPGYSSYS
6 months ago - Benzinga

Applovin, Unity Software get downgrade as analyst sees mobile game crunch into 2024

Applovin Corp. and Unity Software Inc. both received downgrades to their respective stocks Thursday after one analyst said he expects a squeeze on mobile gaming revenue could last well into 2024.

Other symbols: U
6 months ago - Market Watch

Applovin stock falls 5% following earnings miss, another outlook cut

Applovin Inc. shares fell in the extended session Wednesday after the app-monetization company's results and outlook cut disappointed Wall Street.

7 months ago - Market Watch

AppLovin Announces Third Quarter 2022 Financial Results

PALO ALTO, Calif.

7 months ago - Business Wire