AppLovin Corporation (APP)

NASDAQ: APP · IEX Real-Time Price · USD
83.44
-2.93 (-3.39%)
May 14, 2024, 4:00 PM EDT - Market closed
-3.39%
Market Cap 27.45B
Revenue (ttm) 3.63B
Net Income (ttm) 595.48M
Shares Out 328.96M
EPS (ttm) 1.67
PE Ratio 49.96
Forward PE 30.90
Dividend n/a
Ex-Dividend Date n/a
Volume 7,428,964
Open 81.12
Previous Close 86.37
Day's Range 80.01 - 83.89
52-Week Range 21.04 - 88.50
Beta 1.85
Analysts Buy
Price Target 71.31 (-14.54%)
Earnings Date May 8, 2024

About 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... [Read more]

Sector Technology
IPO Date Apr 15, 2021
Employees 1,745
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 $71.31, which is a decrease of -14.54% from the latest price.

Price Target
$71.31
(-14.54% downside)
Analyst Consensus: Buy
Stock Forecasts

News

AppLovin Stock Soars As Earnings Top Estimates Amid App Advertising Recovery

App monetization company AppLovin (APP) posted quarterly results that topped Wall Street estimates and issued an upbeat current-quarter earnings and sales outlook amid signs of a rebound in the app ad...

5 days ago - Investopedia

AppLovin's stock gains as earnings highlight improvements in app ad market

Investors were liking the latest numbers from AppLovin Corp. on Wednesday, as its stock headed higher in the extended session.

6 days ago - Market Watch

AppLovin Announces First Quarter 2024 Financial Results

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced financial results for the first quarter ended March 31, 2024 and post...

6 days ago - Business Wire

Adjust Unveils Mobile Analytics Solution Powered by AI, Advanced Machine Learning to Uncover Incrementality

Adjust InSight empowers and advises marketers to make privacy-first, data-driven, ROI-positive decisions SAN FRANCISCO , April 17, 2024 /PRNewswire/ -- Today, leading measurement and analytics company...

27 days ago - PRNewsWire

Final Trades: AppLovin, Freeport-McMoRan and CVS Health

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: CVSFCX
4 weeks ago - CNBC Television

Backlight and Wurl Partner to Make Streaming Distribution More Seamless and Efficient

BOSTON--(BUSINESS WIRE)-- #WeAreBacklight--Backlight and Wurl partner to provide superior programming, CMS, and OTT management, distribution, and monetization capabilities.

4 weeks ago - Business Wire

AppLovin to Announce First Quarter 2024 Results

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

5 weeks ago - Business Wire

AppLovin and Flip Announce Flip To Launch Ad Marketplace for Merchants Using AppLovin's AXON Technology

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, and Flip, a fast growing social commerce platform, today announced Flip will soon be ...

6 weeks ago - Business Wire

It's time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.

That was Federal Reserve Gov. Chris Waller pounding the table over the need for patience on interest rate cuts in a much-anticipated speech on Wednesday night.

6 weeks ago - Market Watch

Adjust and AppLovin Unveil Winning Framework For Mobile Gaming Studios And Marketers To Ride App Growth Momentum

New report details the latest app data and trends in mobile gaming and explores new tools, channels and approaches to drive growth and maximize revenue SAN FRANCISCO , March 18, 2024 /PRNewswire/ -- L...

2 months ago - PRNewsWire

Adjust Integrates Google Play Games on PC, Unlocking Cross-Device Marketing Opportunities For App Developers

Addition of Play Install Referrer API makes it easier to distribute and measure cross-play games SAN FRANCISCO , March 12, 2024 /PRNewswire/ -- Leading measurement and analytics company Adjust today a...

2 months ago - PRNewsWire

AppLovin Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin” or the “Company”), a leading marketing platform, today announced the pricing of an underwritten registered secondary ...

2 months ago - Business Wire

AppLovin Appoints Barbara Messing to its Board of Directors

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced the appointment of Barbara Messing, former Roblox Chief Marketing and...

2 months ago - Business Wire

Adjust and AppLovin Reveal Ways AI-Powered Personalization Will Drive Next Mobile App Growth Phase

New report co-authored by Adjust and AppLovin brings robust set of data, benchmarks and actionable advice to the mobile apps industry SAN FRANCISCO , Feb. 20, 2024 /PRNewswire/ -- Leading measurement ...

3 months ago - PRNewsWire

AppLovin Stock Rockets. It Gets an AI Advertising Boost, Say Analysts.

The app-monetization company flew past earnings and revenue estimates for its fourth quarter.

3 months ago - Barrons

AppLovin Stock Surges on Upbeat Forecast, Expanded Stock Buyback—Key Level to Watch

AppLovin Corporation (APP) topped quarterly earnings and sales estimates, issued an outlook that sailed past Wall Street expectations and upped its stock buyback program, sending its shares sharply hi...

3 months ago - Investopedia

Applovin's blowout earnings forecast helps send its stock soaring

App-monetization company Applovin Corp. had a strong holiday season that helped power it to better-than-expected results for the latest quarter.

3 months ago - Market Watch

AppLovin Announces Fourth Quarter and Full Year 2023 Financial Results

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

3 months ago - Business Wire

AppLovin Reveals Ways Generative AI Is Transforming The Mobile Ads Creative Process

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin (NASDAQ: APP), the leading marketing technology platform, today released Performance-driven Ad Trends 2024, revealing how AI tools are driving new efficien...

3 months ago - Business Wire

AppLovin to Announce Fourth Quarter and Full Year 2023 Results

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

4 months ago - Business Wire

These Russel 1000 stocks jumped by >250% in 2023

The Russell 1000 index had a strong performance in 2023 as hopes of rate cuts intersected with the enthusiasm of artificial intelligence (AI). The index, which tracks 1,000 companies, rose by over 24%...

Other symbols: AFRMCOINVRT
5 months ago - Invezz

Adjust Report Finds SKAN 4 Migration Leads To Decreased Cost Per Acquisition And Increased Conversion Rates on TikTok

SKAN 4's elongated attribution timeframe resulted in a 37% improvement in CPAs and 220% in CVRs  for apps in TikTok's beta testing SAN FRANCISCO , Nov. 21, 2023 /PRNewswire/ -- Leading measurement and...

6 months ago - PRNewsWire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of AppLovin Corporation (NASDAQ: APP)

NEW YORK , Nov. 9, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating AppLovin Corporation (NASDAQ: APP) on behalf of the company's shareholders.  The investigation seeks ...

6 months ago - PRNewsWire

Applovin's stock rockets as earnings easily exceed expectations

Applovin Corp. shares were surging more than 15% in Wednesday's extended session after the app-monetization company blew past expectations with its latest quarterly results.

6 months ago - Market Watch

AppLovin Announces Record Third Quarter 2023 Financial Results and the Transition of the President and CFO

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced financial results for the quarter ended September 30, 2023 and posted...

6 months ago - Business Wire