Professional
Added to YB: 2024-10-21
Pitch date: 2024-10-21
APP [bullish]
AppLovin Corporation
+237.19%
current return
Author Info
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.
Market Cap
$177.1B
Pitch Price
$161.27
Price Target
175.00 (-68%)
Dividend
N/A
EV/EBITDA
36.43
P/E
45.83
EV/Sales
28.90
Sector
Software
Category
growth
Show full summary:
JEF Raises AppLovin's (APP) Price Target to $175
APP: JEF raises PT to $175 on sustained 20-30% Software Platform rev growth. FY25/26 estimates up 3-6%. Bull case $246 PT assumes low 20s% 5YR rev CAGR, 20x EBITDA multiple. E-commerce ad budgets fuel upside. New PT implies 18.5x FY26 EBITDA, 12% peer discount.
Read full article (1 min)