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Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
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How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
AI Stock Caught Trading Under Secret Name (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
AI Stock Caught Trading Under Secret Name (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
AI Stock Caught Trading Under Secret Name (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
NYSE:APP

AppLovin (APP) Stock Price, News & Analysis

$55.42
-1.91 (-3.33%)
(As of 02/21/2024 ET)
Today's Range
$54.50
$57.58
50-Day Range
$38.11
$59.87
52-Week Range
$11.69
$60.65
Volume
4.18 million shs
Average Volume
3.87 million shs
Market Capitalization
$18.61 billion
P/E Ratio
55.42
Dividend Yield
N/A
Price Target
$50.04

AppLovin MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
9.7% Downside
$50.04 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.72mentions of AppLovin in the last 14 days
Based on 57 Articles This Week
Insider Trading
Selling Shares
$50.77 M Sold Last Quarter
Proj. Earnings Growth
26.29%
From $2.32 to $2.93 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.

1.74 out of 5 stars

Business Services Sector

223rd out of 305 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

37th out of 55 stocks


APP stock logo

About AppLovin Stock (NYSE: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; MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction; and Wurl, a connected TV platform, which primarily distributes streaming video for content companies. Its business clients include various advertisers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.

APP Stock Price History

APP Stock News Headlines

MarketBeat Week in Review – 1/29 - 2/2 (APP)
Markets remained resilient even after disappointing news from Apple sales in China and a higher-than-expected jobs report delivered a bearish one-two punch
AppLovin stock breaks out: App'tizing momentum ahead
On Monday, shares of AppLovin (NYSE: APP) broke above and notably closed above its critical resistance, marking a potential breakout and turning point.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
How Is The Market Feeling About AppLovin?
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Wedbush Raises AppLovin (NYSE:APP) Price Target to $67.00
AppLovin: Lovin The Q4 Report And Guidance
UBS Group Raises AppLovin (NYSE:APP) Price Target to $55.00
AppLovin (NYSE:APP) PT Raised to $73.00
AppLovin: Do We Buy the Upside Breakout?
Why AppLovin Stock Was Crushing It This Week
Why AppLovin Stock Was Crushing It This Week
AppLovin Target of Unusually High Options Trading (NYSE:APP)
AppLovin (APP) Stock Trades Up, Here Is Why
Why AppLovin Stock Is Skyrocketing Today
Why AppLovin Stock Is Skyrocketing Today
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
2/21/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Fax
N/A
Employees
1,707
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$50.04
High Stock Price Target
$73.00
Low Stock Price Target
$28.00
Potential Upside/Downside
-9.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
15 Analysts

Profitability

Net Income
$354.94 million
Pretax Margin
4.47%

Debt

Sales & Book Value

Annual Sales
$2.63 billion
Cash Flow
$1.55 per share
Book Value
$5.09 per share

Miscellaneous

Free Float
294,062,000
Market Cap
$18.61 billion
Optionable
Not Optionable
Beta
1.69
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APP Stock Analysis - Frequently Asked Questions

Should I buy or sell AppLovin stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AppLovin in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" APP shares.
View APP analyst ratings
or view top-rated stocks.

What is AppLovin's stock price target for 2024?

15 equities research analysts have issued 12-month target prices for AppLovin's stock. Their APP share price targets range from $28.00 to $73.00. On average, they expect the company's share price to reach $50.04 in the next year. This suggests that the stock has a possible downside of 9.7%.
View analysts price targets for APP
or view top-rated stocks among Wall Street analysts.

How have APP shares performed in 2024?

AppLovin's stock was trading at $39.85 on January 1st, 2024. Since then, APP stock has increased by 39.1% and is now trading at $55.42.
View the best growth stocks for 2024 here
.

When is AppLovin's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our APP earnings forecast
.

How were AppLovin's earnings last quarter?

AppLovin Co. (NYSE:APP) posted its earnings results on Wednesday, February, 14th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.14. The business had revenue of $953.26 million for the quarter, compared to analyst estimates of $928.66 million. AppLovin had a trailing twelve-month return on equity of 23.67% and a net margin of 10.84%. The business's revenue for the quarter was up 35.7% on a year-over-year basis. During the same quarter last year, the business earned ($0.21) EPS.

What guidance has AppLovin issued on next quarter's earnings?

AppLovin updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $955.0 million-$975.0 million, compared to the consensus revenue estimate of $923.8 million.

When did AppLovin IPO?

(APP) raised $2 billion in an initial public offering on Thursday, April 15th 2021. The company issued 25,000,000 shares at a price of $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 stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.60%), SVB Wealth LLC (2.09%), Sapient Capital LLC (1.23%), First Trust Advisors LP (0.68%), No Street GP LP (0.59%) and Goldman Sachs Group Inc. (0.53%). Insiders that own company stock include Andrew Karam, Arash Adam Foroughi, Craig Scott Billings, Dawson Alyssa Harvey, Denali Holdings LP Kkr, Eduardo Vivas, Elena Arutunian, Herald Y Chen, John Krystynak, Katie Kihorany Jansen, Kkr Group Partnership LP, Pride Holdings Ltd Angel, Vasily Shikin and Victoria Valenzuela.
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 (NYSE:APP) was last updated on 2/22/2024 by MarketBeat.com Staff