Professional
Added to YB: 2025-08-11
Pitch date: 2025-08-07
APP [bullish]
AppLovin Corporation
-8.16%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$132.1B
Pitch Price
$448.60
Price Target
650.00 (+58%)
Dividend
N/A
EV/EBITDA
30.49
P/E
38.90
EV/Sales
24.30
Sector
Software
Category
growth
Loop Capital Sees Major Upside in AppLovin with $650 Price Target
APP: Loop Capital Buy PT $650. Q2 rev +77% YoY (+600bps acceleration, +300bps vs consensus), adj EBITDA +95% YoY. Gaming drove 9% QoQ growth. Q3 guide: +60-61% YoY (5-6% QoQ), likely conservative w/modest divested apps contribution & no non-gaming growth. Adj EBITDA margin expected +60bps.
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