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NASDAQ:APP

AppLovin (APP) Stock Price, News & Analysis

$77.53
+1.36 (+1.79%)
(As of 07/26/2024 ET)
Today's Range
$76.57
$78.82
50-Day Range
$75.65
$87.93
52-Week Range
$28.99
$91.91
Volume
1.79 million shs
Average Volume
4.12 million shs
Market Capitalization
$25.51 billion
P/E Ratio
46.15
Dividend Yield
N/A
Price Target
$71.72

AppLovin MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.61 Rating Score
Upside/​Downside
7.5% Downside
$71.72 Price Target
Short Interest
Bearish
10.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.02mentions of AppLovin in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$1.49 B Sold Last Quarter
Proj. Earnings Growth
20.61%
From $2.96 to $3.57 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.21 out of 5 stars

Business Services Sector

204th out of 317 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

40th out of 60 stocks

APP stock logo

About AppLovin Stock (NASDAQ:APP)

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.

APP Stock Price History

APP Stock News Headlines

We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
APP Jul 2024 99.000 call
AppLovin Stock up 116% This Year: Buy, Sell or Hold
Check Out What Whales Are Doing With APP
3 Tech Stocks to Buy Now: Q3 Edition
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
3 Stocks to Buy Before They Skyrocket: July Edition
AppLovin to Announce Second Quarter 2024 Results
AppLovin: Let Your Winners Run Longer
AppLovin: Fast Growing And Undervalued
3 Hot AI Stocks to Buy Before It's Too Late
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:APP
Fax
N/A
Employees
1,745
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$71.72
High Stock Price Target
$105.00
Low Stock Price Target
$28.00
Potential Upside/Downside
-7.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.61
Research Coverage
18 Analysts

Profitability

Net Income
$356.71 million
Pretax Margin
17.98%

Debt

Sales & Book Value

Annual Sales
$2.63 billion
Cash Flow
$2.47 per share
Book Value
$3.70 per share

Miscellaneous

Free Float
280,682,000
Market Cap
$25.51 billion
Optionable
Not Optionable
Beta
1.86
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APP Stock Analysis - Frequently Asked Questions

How have APP shares performed this year?

AppLovin's stock was trading at $39.85 at the beginning of 2024. Since then, APP shares have increased by 94.6% and is now trading at $77.53.
View the best growth stocks for 2024 here
.

How were AppLovin's earnings last quarter?

AppLovin Co. (NASDAQ:APP) issued its earnings results on Wednesday, May, 8th. The company reported $0.67 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.10. AppLovin's revenue for the quarter was up 47.9% compared to the same quarter last year.

When did AppLovin IPO?

AppLovin (APP) raised $2 billion in an IPO on Thursday, April 15th 2021. The company issued 25,000,000 shares at $75.00-$85.00 per share. Morgan Stanley, J.P. Morgan, KKR, BofA Securities, Citigroup, Credit Suisse and UBS Investment Bank acted as the underwriters for the IPO and Oppenheimer & Co., Stifel, Truist Securities, William Blair, LionTree, LUMA Securities, The Raine Group, Blaylock Van, LLC, Guzman & Company, R. Seelaus & Co., LLC and Roberts & Ryan were co-managers.

Who are AppLovin's major shareholders?

AppLovin's top institutional investors include Sapient Capital LLC (0.89%), Raymond James & Associates (0.33%), Bank of New York Mellon Corp (0.29%) and Sumitomo Mitsui Trust Holdings Inc. (0.11%). Insiders that own company stock include Eduardo Vivas, Arash Adam Foroughi, Denali Holdings LP Kkr, Katie Kihorany Jansen, Victoria Valenzuela, Kkr Group Partnership LP, Matthew Stumpf, Mary Margaret Hasti Georgiadis, Dawson Alyssa Harvey, Vasily Shikin, Craig Scott Billings, Pride Holdings Ltd Angel, Elena Arutunian, John Krystynak, Herald Y Chen and Andrew Karam.
View institutional ownership trends
.

How do I buy shares of AppLovin?

Shares of APP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:APP) was last updated on 7/26/2024 by MarketBeat.com Staff

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