AppLovin Corporation
APP
NASDAQ·Technology·Software - Application·Mkt cap $107.7B
$320.56
▲ +2.23%
P/E
24.62
Mkt Cap
$107.7B
52-Wk Range
$297.50–$745.61
52-Week Range
$297.50 - $745.61
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Down 41.4% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
5 reasons
- Integrated platform connecting both sides of mobile advertising marketplace
- Real-time bidding and auction technology optimizing pricing efficiency
- Comprehensive data analytics enabling superior campaign performance measurement
- Network effects from large advertiser and publisher base
- Proprietary machine learning algorithms for ad matching and optimization
Bear Case
2 risks
- High volatility (beta 2.5). Larger-than-normal price swings expected.
- Premium valuation to Digital Advertising peers
Growth
Moderate growth ahead
Increasing mobile app advertising spend and programmatic adoption
Value
Premium valuation to Digital Advertising peers
Momentum
Falling
-43.1% over 3m
Quality
Excellent
Strong fundamentals
Dividend
None
No dividend
Smart-money signal
Who's buying APP right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Nov 4, 2026
AUG 4, 2026
Reported EPS of $3.76 vs $3.76 consensus (0.0% surprise). Revenue of $1.9B vs $1.9B expected (-0.9%).
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
0.0%
Revenue trend · last 8Q
—
+44%
+40%
+77%
+68%
+21%
+24%
+53%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$835.2M
$1.4B
$1.5B
$1.3B
$1.4B
$1.7B
$1.8B
$1.9B
Margins · last 8Q
Gross
88.3%
Operating
77.7%
Profit
65.8%
Wall Street consensus
13 analysts · 85% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
85%
Hold
15%
Sell
0%
Median Price Target
$482.50
▲ +50.5% vs $320.56
Latest: Piper Sandler · $325.00 · Aug 21, 2026
2 analysts covering
vs Industry
How APP stacks vs Software - Application
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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