Added to YB: 2024-04-09
Pitch date: 2024-04-08
APP [bullish]
AppLovin Corporation
+426.18%
current return
Author Info
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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
$78.30
Price Target
90.00 (-78%)
Dividend
N/A
EV/EBITDA
30.49
P/E
38.90
EV/Sales
24.30
Sector
Software
Category
growth
Show full summary:
AppLovin: Why I'm Buying This Stock Now
APP: Mobile ad platform growing 28% to $1.5B FCF in 2024, 16x valuation. AXON 2 AI ad engine drives growth in gaming & beyond. Q1 hints 45%+ Q2 growth, 24%+ Q3. Risks: ad industry changes, competition, macro. $90 PT for 2025 on FCF growth & further margin expansion.
Read full article (4 min)