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Added to YB: 2025-04-14

Pitch date: 2025-04-10

APP [neutral]

AppLovin Corporation

+159.65%

current return

Author Info

No bio for this author

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

$220.7B

Pitch Price

$258.30

Price Target

N/A

Dividend

N/A

EV/EBITDA

56.55

P/E

79.29

EV/Sales

35.28

Sector

Software

Category

growth

Show full summary:
ClearBridge Mid Cap Strategy Added On Portfolio Holding: AppLovin Corporation

APP (increased position): AI-enabled ad software platform, best mid-cap AI opportunity. Strong Q4, e-commerce indicators positive. Short sellers caused weakness, used to add to position. Persistent attractive returns expected despite tech retreat and short reports.

Read full article (1 min)