AppLovin Corporation (APP)

NASDAQ: APP · IEX Real-Time Price · USD
39.85
-0.91 (-2.23%)
At close: Dec 29, 2023, 4:00 PM
40.04
+0.19 (0.48%)
After-hours: Dec 29, 2023, 7:51 PM EST
-2.23%
Market Cap 13.38B
Revenue (ttm) 3.03B
Net Income (ttm) 103.84M
Shares Out 335.80M
EPS (ttm) 0.29
PE Ratio 137.41
Forward PE 26.62
Dividend n/a
Ex-Dividend Date n/a
Volume 2,260,495
Open 40.70
Previous Close 40.76
Day's Range 39.28 - 40.75
52-Week Range 9.22 - 45.11
Beta 1.69
Analysts Buy
Price Target 44.51 (+11.69%)
Earnings Date Feb 7, 2024

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; MAX, an in-app bidding software that optimizes th... [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 17 analysts, the average rating for APP stock is "Buy." The 12-month stock price forecast is $44.51, which is an increase of 11.69% from the latest price.

Price Target
$44.51
(11.69% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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
11 days ago - Invezz

AppLovin (APP): losing its shareholders lovin'?

Shares of the software technology company AppLovin NASDAQ: APP have been on fire this year, surging by over 263% year-to-date. The company, now categorized as a large cap, with a $12.84 billion market...

27 days ago - MarketBeat

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...

5 weeks 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 ...

7 weeks 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.

7 weeks 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...

7 weeks ago - Business Wire

AppLovin to Announce Third Quarter 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 third qua...

3 months ago - Business Wire

Adjust's New Growth Score Metric Reveals Worldwide User Acquisition Opportunities For Mobile App Marketers And Developers

New Mobile App Growth Report shows significant opportunities in emerging markets, with APAC offering most immediate value and India the best country for mobile gaming UA campaigns SAN FRANCISCO , Sept...

3 months ago - PRNewsWire

Videogame stocks mostly hold steady as actors strike threatens to spread to game publishers

Videogame stocks performed slightly better than the broader market Tuesday after striking actors voted late Monday to expand their strike to work on videogames, which constitutes an even larger market...

Other symbols: ATVIEAMSFTPLTKTTWOU
3 months ago - Market Watch

Will AppLovin Continue its Explosive YTD Growth?

Regarding medium-cap technology companies, finding a stock that has performed as impressively and consistently throughout the year as AppLovin NYSE: APP might be difficult. Remarkably, year-to-date, s...

3 months ago - MarketBeat

Wurl and AppLovin Empower Streamers and Publishers to Turn CTV into a Performance Marketing Channel in New Report

PALO ALTO, Calif.--(BUSINESS WIRE)--Wurl, the leader in data-driven solutions for CTV, today released How to Turn CTV into a Performance Marketing Channel for Growth, a new report developed in partner...

3 months ago - Business Wire

AppLovin Appoints Todd Morgenfeld to its Board of Directors

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP), a leading marketing platform, today announced the appointment of former Pinterest and Twitter executive Todd Morgenfeld to its B...

4 months ago - Business Wire

Top Wall Street analysts pound the table on these 5 stocks

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Amazon and Netflix.

Other symbols: AMZNDDOGNFLXRCL
4 months ago - CNBC

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating AppLovin Corporation for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK , Aug. 16, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim...

4 months ago - PRNewsWire

AppLovin Surges After Strong Q2, Pullback Could Offer Buy Point

AppLovin Corp. NYSE: APP shares advanced 2.52% on August 14 in heavy volume, the third session in a row of gains after a second-quarter report that topped analysts' views.

4 months ago - MarketBeat

AppLovin Announces GQG Purchase of 10 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...

4 months ago - Business Wire

AppLovin's stock surges more than 20% after analysts say AI tools are paying off

AppLovin Corp. shares have made it a recent habit of surging after earnings, and Thursday's move was no exception as analysts applauded a successful rollout of the app-monetization company's artificia...

5 months ago - Market Watch

AppLovin Beats Profit, Sales Forecasts on Demand for its Updated AI Engine

Shares of AppLovin (APP) jumped as the artificial intelligence (AI)-based mobile marketing platform reported better-than-expected results amid soaring demand for all things AI.

5 months ago - Investopedia

Applovin Stock Surges as Earnings Beat Driven by AI Engine

Applovin guides for third-quarter sales of $780 million to $800 million, higher than analysts' expectations.

5 months ago - Barrons

Applovin stock skyrockets 20% after company posts surprise profit, higher revenue

Shares of Applovin Corp. APP, -2.13% jumped more than 20% in the extended session Wednesday after the software company swung to a profit and reported better-than-expected revenue in its second quarter...

5 months ago - Market Watch

AppLovin Announces Second 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 June 30, 2023 and posted a le...

5 months ago - Business Wire

AppLovin AI Advancements to Accelerate Partner Growth

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced new AI advancements to its mobile user acquisition (UA) platform, App...

5 months ago - Business Wire

AppLovin to Announce Second Quarter 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 second qu...

6 months ago - Business Wire

View-Through Attribution Report From Adjust Reveals Complex Relationship Between Clicks, Installs And Impressions

New guide details best practices and use cases for impression tracking so app marketers can gain campaign visibility to better measure and optimize overall performance SAN FRANCISCO , June 13, 2023 /P...

7 months ago - PRNewsWire

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...

7 months ago - Business Wire