APPNASDAQ— Applovin Corp Price & Analysis

Applovin Corp

COMMUNICATION SERVICES — ADVERTISING AGENCIES

$305.06

-$6.95-2.23%

Market Cap: $104.82B; Large Cap
P/E Ratio: 23.98; Fwd: 15.62
EPS (TTM): $13.01
Div. Yield: N/A

Technical Summary

RSI (14)36.34Neutral

SMA (50)$386.41Bearish

SMA (200)$483.85Bearish

MACD-18.5530Bullish

Bollinger$300.57 – $321.24Mid

Stochastic39.64Neutral

Theo Outlook

AppLovin (APP) presents a bullish thesis with a trailing P/E of 23.98, forward P/E of 15.62, market capitalization of $104.8 billion, TTM revenue of $6.83 billion growing 52.8% year-over-year, and EPS of $13.01 alongside a robust 64.6% profit margin. The stock trades at a premium justified by its high-growth profile in mobile advertising, with quarterly earnings growth of 57% and return on equity of 203.7% signaling strong operational leverage. Key catalysts include continued expansion of its software platform for app developers, momentum in global mobile marketing and monetization services, and analyst consensus with a target price of $508.39 supported by 26 buy ratings. Recent quarterly revenue growth of 52.8% and earnings momentum position the company for sustained gains as mobile app ecosystems expand. Risks encompass elevated beta of 2.49 driving volatility, potential regulatory scrutiny in digital advertising, and intense competition from larger tech platforms. Mitigations include diversified revenue streams, high gross margins of 88.5%, and a strong institutional ownership base of 76.1% providing stability amid macro headwinds. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

Analysis generated by HeyTheo AI on Sep 9, 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: 2.49
52-Wk High: $745.61
52-Wk Low: $297.50
Avg Volume: 824.51K
PEG Ratio: 0.69

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 and developer tools, with TTM revenue of $6.83 billion and a 64.6% profit margin.

What are AppLovin's main revenue sources?

The company's revenue comes from mobile advertising and app monetization services. TTM revenue reached $6.83 billion with 52.8% year-over-year growth, driven by its core platform serving app developers worldwide.

What are AppLovin's competitive advantages?

AppLovin benefits from a high 64.6% profit margin, 203.7% return on equity, and a scalable software platform. Its 52.8% revenue growth and $13.01 EPS demonstrate strong positioning against competitors in the advertising agencies sector.

What are the key risks for AppLovin stock?

Key risks include high beta of 2.49 indicating volatility, regulatory pressures in digital advertising, and competition. The stock's 52-week range of $297.50 to $745.61 highlights price swings, though strong institutional ownership of 76.1% offers some buffer.

What is AppLovin's growth outlook?

Analysts project continued growth with a target price of $508.39 and forward P/E of 15.62 versus trailing 23.98. Quarterly earnings growth of 57% and revenue expansion support a positive outlook, though no dividend is currently paid.