Added to YB: 2024-06-28
Pitch date: 2024-06-27
APP [bullish]
AppLovin Corporation
+393.41%
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
$83.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
30.49
P/E
38.90
EV/Sales
24.30
Sector
Software
Category
growth
Deep Dive: AppLovin Corporation ($APP) Stock Analysis
AppLovin (APP): AI-powered mobile ad platform w/ 1.4B DAU. 91% YoY growth in high-margin (70%+) software segment. Expanding to CTV. AXON 2.0 AI engine drives flywheel effect & network advantages. Risks: contract cancellations, capital structure (KKR 33.3% voting power), Google RTB threat. Trading at ~15x 2025 FCF, potential for significant upside.
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