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Added to YB: 2025-07-07

Pitch date: 2025-04-09

APP [bullish]

AppLovin Corporation

+148.4%

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

$270.00

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:
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.

Read full article (1 min)