Professional
Added to YB: 2025-07-07
Pitch date: 2025-04-09
APP [bullish]
AppLovin Corporation
+52.84%
current return
Author Info
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Company Info
AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.
Market Cap
$146.6B
Pitch Price
$270.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
34.43
P/E
43.31
EV/Sales
26.97
Sector
Software
Category
growth
Show full summary:
Parnassus Mid Cap Growth Fund New Position: AppLovin Corporation
APP: AppLovin provides AI-driven ad platform for mobile games that becomes more effective as it ingests more data, creating winner-takes-all dynamic to fuel growth. Recent momentum selloff allowed purchase at attractive price relative to growth potential.
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