Added to YB: 2024-01-07
Pitch date: 2024-01-06
APP [bullish]
AppLovin Corporation
+705.56%
current return
Author Info
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Company Info
AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.
Market Cap
$105.6B
Pitch Price
$38.33
Price Target
82.00 (-74%)
Dividend
N/A
EV/EBITDA
19.51
P/E
24.25
EV/Sales
15.53
Sector
Media
Category
growth
Show full summary:
Applovin, deep value adtech to double again?
Applovin: adtech software biz in $90B industry. Max takes 20% rev cut, Axon AI drives ad $ spread. Shifting from gaming to software. Rival IronSource + Unity threat, but scale advantage. $1.7B EBITDA run rate at 9x EBITDA. Buybacks offset SBC dilution. 2x return potential on earnings growth & software model re-rating.
Read full article (10 min)