Added to YB: 2026-09-09
Pitch date: 2026-09-06
APP [neutral]
AppLovin Corporation
-2.31%
current return
Author Info
No bio for this author
Company Info
AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.
Market Cap
$107.3B
Pitch Price
$319.38
Price Target
483.00 (+55%)
Dividend
N/A
EV/EBITDA
19.83
P/E
24.65
EV/Sales
15.78
Sector
Media
Category
growth
AppLovin: A Growing Compounder At a 50% Discount
APP (pass): AppLovin’s ad-tech platform has exceptional economics, including 79%+ EBITDA margins and 110%+ ROIC, but slowing growth, margin compression, negative volume and weak disclosures prevent conviction. A base case assuming 17% five-year revenue CAGR, 77% EBITDA margins and a 13x EV/EBITDA multiple yields $483 per share and a 9.4% annual return. Despite the apparent value, the lack of visibility warrants a pass unless volume recovers or disclosure improves.
Read full article (11 min)