What are the key risks for AppLovin stock?

Key risks include high beta of 2.49 leading to volatility, potential regulatory changes in advertising, and competition. The trailing P/E of 24.64 and lack of dividend reflect growth-oriented exposure without income stability.

What is AppLovin's growth outlook?

Analysts see strong growth with a $514.48 target price, forward P/E of 15.29, and 57% YoY earnings growth. Latest quarter ending June 2026 shows continued momentum in the mobile advertising space.

APPNASDAQ— Applovin Corp Price & Analysis

Q: What are AppLovin's competitive advantages?

AppLovin benefits from a high operating margin of 77.7%, strong 52.8% YoY revenue growth, and a scalable software platform. Its 76% institutional ownership and $107.7B market cap provide scale advantages over smaller peers.

Applovin Corp

COMMUNICATION SERVICES — ADVERTISING AGENCIES

$320.56

+$6.98+2.23%

Market Cap: $107.18B; Large Cap
P/E Ratio: 23.99; Fwd: 15.2
EPS (TTM): $13.30
Div. Yield: N/A

Technical Summary

RSI (14)41.67Neutral

SMA (50)$393.59Bearish

SMA (200)$486.04Bearish

MACD-20.2060Bullish

Bollinger$297.03 – $328.85Mid

Stochastic53.31Neutral

Theo Outlook

AppLovin (APP) presents a bullish thesis with a $107.7B market cap, trailing P/E of 24.64, forward P/E of 15.29, TTM EPS of $13.01, and robust 52.8% YoY quarterly revenue growth alongside 57% earnings growth, positioning the stock for continued expansion in mobile advertising amid improving monetization efficiency. Key catalysts include sustained earnings momentum from its software platform for app developers, global market expansion in advertising agencies, and analyst consensus with a $514.48 target price supported by 26 buy/strong buy ratings, driving further adoption and revenue per share of $20.24. Risks encompass elevated beta of 2.49 exposing it to macro volatility, regulatory scrutiny in digital advertising, and intense competition; mitigations involve diversified revenue streams, strong 76% institutional ownership, and operational margins of 77.7% that buffer against headwinds. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

Analysis generated by HeyTheo AI on Sep 7, 2026.

Company Overview

AppLovin Corporation is committed to creating a software-based platform for mobile application developers to improve the marketing and monetization of their applications globally. The company is headquartered in Palo Alto, California.

Fundamental Snapshot

Revenue: $6.83B
EBITDA: $5.41B
Gross Profit: $6.04B
Operating Margin: 77.7%
Profit Margin: 64.6%
ROE: 203.7%
Book Value: $9.43
Beta: 2.53
52-Wk High: $745.61
52-Wk Low: $297.50
Avg Volume: 1.86M
PEG Ratio: 0.67

Frequently Asked Questions

What is AppLovin's business model?

AppLovin operates a software-based platform that helps mobile app developers improve marketing and monetization globally. It generates revenue primarily through advertising services within the communication services sector.

What are AppLovin's main revenue sources?

Revenue comes from its core advertising platform with TTM revenue of $6.83B and revenue per share of $20.24. The company focuses on mobile app monetization without a dividend yield.

What are AppLovin's competitive advantages?