NASDAQ:APP AppLovin (APP) Stock Price, News & Analysis → The Military's $700M 'AI Software Bullet' (From Behind the Markets) (Ad) Free APP Stock Alerts $78.46 +0.94 (+1.21%) (As of 06/17/2024 ET) Add Compare Share Share Today's Range$76.74▼$79.4550-Day Range$66.80▼$86.4352-Week Range$22.85▼$88.50Volume3.79 million shsAverage Volume4.30 million shsMarket Capitalization$25.81 billionP/E Ratio46.70Dividend YieldN/APrice Target$71.72 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get AppLovin alerts: Email Address AppLovin MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.61 Rating ScoreUpside/Downside8.6% Downside$71.72 Price TargetShort InterestHealthy9.71% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.95Based on 18 Articles This WeekInsider TradingSelling Shares$1.48 B Sold Last QuarterProj. Earnings Growth20.61%From $2.96 to $3.57 Per ShareSee Full Details Hide Full Details 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.3.01 out of 5 starsBusiness Services Sector132nd out of 304 stocksComputer Programming, Data Processing, & Other Computer Related Industry26th out of 57 stocks 2.3 Analyst's Opinion Consensus RatingAppLovin has received a consensus rating of Moderate Buy. The company's average rating score is 2.61, and is based on 12 buy ratings, 5 hold ratings, and 1 sell rating.Amount of Analyst CoverageAppLovin has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about AppLovin's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted9.71% of the float of AppLovin has been sold short.Short Interest Ratio / Days to CoverAppLovin has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AppLovin has recently decreased by 37.92%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAppLovin does not currently pay a dividend.Dividend GrowthAppLovin does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for APP. Previous Next 3.3 News and Social Media Coverage News SentimentAppLovin has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 18 news articles for AppLovin this week, compared to 9 articles on an average week.Search Interest79 people have searched for APP on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.MarketBeat Follows26 people have added AppLovin to their MarketBeat watchlist in the last 30 days. This is an increase of 18% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AppLovin insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,478,219,330.00 in company stock.Percentage Held by Insiders14.69% of the stock of AppLovin is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions41.85% of the stock of AppLovin is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about AppLovin's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for AppLovin are expected to grow by 20.61% in the coming year, from $2.96 to $3.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AppLovin is 46.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.23.Price to Earnings Ratio vs. SectorThe P/E ratio of AppLovin is 46.70, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 37.26.Price to Earnings Growth RatioAppLovin has a PEG Ratio of 1.31. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAppLovin has a P/B Ratio of 21.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about AppLovin's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsThe Military's $700M "AI Software Bullet"The Pentagon is spending over $700 MILLION on a top-secret project called "Overmatch." It's a software-defined networking solution that will connect all sensors, weapons, platforms, and personnel across our military branches.Get the name and stock ticker of this critical military tech firm HERE>>> 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.Read More APP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart APP Stock News HeadlinesJune 7, 2024 | insidertrades.comAppLovin Co. (NASDAQ:APP) Director Sells $586,391.10 in StockMay 27, 2024 | insidertrades.comAppLovin Co. (NASDAQ:APP) Insider Victoria Valenzuela Sells 2,890 SharesJune 15 at 2:20 AM | americanbankingnews.comAppLovin (NASDAQ:APP) Given Outperform Rating at OppenheimerJune 13, 2024 | americanbankingnews.comAppLovin Co. (NASDAQ:APP) Sees Significant Decrease in Short InterestJune 12, 2024 | seekingalpha.comAppLovin: Growth Prospects Still UnderappreciatedJune 11, 2024 | investorplace.comAPP Stock Alert: Apple Deals AppLovin Blow, Sends Shares FallingJune 10, 2024 | investorplace.com3 Stocks to Turn $1,000 Into $1 Million: June 2024June 9, 2024 | fool.com2 Artificial Intelligence (AI) Stocks That Could Go ParabolicJune 8, 2024 | americanbankingnews.comAppLovin (NASDAQ:APP) Shares Up 3.5%June 8, 2024 | americanbankingnews.comAppLovin Co. (NASDAQ:APP) Receives Average Recommendation of "Moderate Buy" from BrokeragesMay 28, 2024 | investorplace.comIf You Can Only Buy One Growth Stock in May, It Better Be One of These 3 NamesMay 28, 2024 | investorplace.comThe Growth Stock Gut Check: 7 Stocks to Sell as Valuations Veer Into the StratosphereMay 26, 2024 | seekingalpha.comAppLovin Remains Cheap, Given The Robust Ad-Tech Growth TrendsMay 24, 2024 | seekingalpha.comAppLovin: Severely Undervalued AI CompanyMay 24, 2024 | investorplace.com3 Nasdaq Stocks to Buy Now: May 2024May 23, 2024 | finance.yahoo.comIs AppLovin (NASDAQ:APP) the Most Unstoppable Growth Stock to Buy Now?May 23, 2024 | finance.yahoo.comBull of the Day: AppLovin (APP)May 23, 2024 | finance.yahoo.comAppLovin and Day and Akamai have been highlighted as Zacks Bull and Bear of the DayMay 23, 2024 | finance.yahoo.comAdvertising Software Q1 Earnings: AppLovin (NASDAQ:APP) Simply the BestMay 23, 2024 | investorplace.com3 Quiet Stocks on the Brink of Explosive GrowthMay 20, 2024 | benzinga.comAppLovin Unusual Options Activity For May 20May 20, 2024 | fool.com1 Top AI Stock (Not Nvidia) That's Up Over 250% in a Year -- Why It Might Still Be A BuyMay 16, 2024 | msn.comAppLovin Stock (NASDAQ:APP): Still Cheap after Market-Beating RallyMay 15, 2024 | seekingalpha.comAppLovin Q1: Primed For Market Share ExpansionMay 15, 2024 | fool.comIs AppLovin Stock Going to $100? 1 Wall Street Analyst Thinks SoSee More Headlines Receive APP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AppLovin and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Today6/17/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Computer programming, data processing, & other computer related Sub-IndustryN/A Current SymbolNASDAQ:APP Previous SymbolNYSE:APP CUSIPN/A CIK1751008 Webwww.applovin.com Phone800-839-9646FaxN/AEmployees1,745Year FoundedN/APrice Target and Rating Average Stock Price Target$71.72 High Stock Price Target$105.00 Low Stock Price Target$28.00 Potential Upside/Downside-8.6%Consensus RatingModerate Buy Rating Score (0-4)2.61 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)$1.68 Trailing P/E Ratio46.68 Forward P/E Ratio26.50 P/E Growth1.31Net Income$356.71 million Net Margins16.46% Pretax Margin17.98% Return on Equity51.55% Return on Assets11.31% Debt Debt-to-Equity Ratio4.59 Current Ratio2.11 Quick Ratio2.11 Sales & Book Value Annual Sales$2.63 billion Price / Sales9.79 Cash Flow$2.54 per share Price / Cash Flow30.88 Book Value$3.70 per share Price / Book21.20Miscellaneous Outstanding Shares329,010,000Free Float280,682,000Market Cap$25.80 billion OptionableNot Optionable Beta1.88 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Jordan SatokVice President of Corporate DevelopmentMs. Ailbhe DervanSenior Vice President of People & PlacesKey CompetitorsTrade DeskNASDAQ:TTDBaiduNASDAQ:BIDUPinterestNYSE:PINSSnapNYSE:SNAPZoom Video CommunicationsNASDAQ:ZMView All CompetitorsInsiders & InstitutionsVictoria ValenzuelaSold 11,276 sharesTotal: $853,705.96 ($75.71/share)Dawson Alyssa HarveySold 4,371 sharesTotal: $330,666.15 ($75.65/share)American TrustBought 150 shares on 6/11/2024Ownership: 0.002%DekaBank Deutsche GirozentraleBought 125,186 shares on 6/4/2024Ownership: 0.039%Mary Margaret Hasti GeorgiadisSold 6,990 sharesTotal: $586,391.10 ($83.89/share)View All Insider TransactionsView All Institutional Transactions APP Stock Analysis - Frequently Asked Questions Should I buy or sell AppLovin stock right now? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AppLovin in the last year. There are currently 1 sell rating, 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street 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? 18 Wall Street research analysts have issued 1-year price objectives for AppLovin's stock. Their APP share price targets range from $28.00 to $105.00. On average, they anticipate the company's share price to reach $71.72 in the next twelve months. This suggests that the stock has a possible downside of 8.6%. 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 at the beginning of 2024. Since then, APP stock has increased by 96.9% and is now trading at $78.46. View the best growth stocks for 2024 here. Are investors shorting AppLovin? AppLovin saw a decline in short interest in the month of May. As of May 31st, there was short interest totaling 16,420,000 shares, a decline of 37.9% from the May 15th total of 26,450,000 shares. Based on an average trading volume of 4,380,000 shares, the days-to-cover ratio is presently 3.7 days. Currently, 9.7% of the shares of the stock are sold short. View AppLovin's Short Interest. When is AppLovin's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our APP earnings forecast. How were AppLovin's earnings last quarter? AppLovin Co. (NASDAQ:APP) posted its quarterly earnings data 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. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $973.70 million. AppLovin had a trailing twelve-month return on equity of 51.55% and a net margin of 16.46%. The firm's quarterly revenue was up 47.9% on a year-over-year basis. During the same period last year, the firm posted ($0.01) EPS. What ETFs hold AppLovin's stock? ETFs with the largest weight of AppLovin (NASDAQ:APP) stock in their portfolio include Global X Video Games & Esports ETF (HERO), Adaptiv Select ETF (ADPV), Renaissance IPO ETF (IPO), VanEck Video Gaming and eSports ETF (ESPO), Roundhill Video Games ETF (NERD), Pinnacle Focused Opportunities ETF (FCUS), Invesco Dorsey Wright Technology Momentum ETF (PTF) and Innovator Deepwater Frontier Tech ETF (LOUP). What guidance has AppLovin issued on next quarter's earnings? AppLovin issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.0 billion. 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 served 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 variety of retail and institutional investors. Top institutional investors include GQG Partners LLC (6.87%), Vanguard Group Inc. (4.47%), WCM Investment Management LLC (2.10%), SVB Wealth LLC (1.75%), Sapient Capital LLC (1.15%) and Jericho Capital Asset Management L.P. (1.18%). 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, Mary Margaret Hasti Georgiadis, Matthew Stumpf, 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 (NASDAQ:APP) was last updated on 6/18/2024 by MarketBeat.com Staff From Our PartnersAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredBigger Than NVIDIA?With NVIDIA flying high, everyone is looking for the next breakout stock. 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