Added to YB: 2025-09-12
Pitch date: 2025-09-11
APP [neutral]
AppLovin Corporation
+17.03%
current return
Author Info
Mispriced Assets breaks down finance, economics, and crypto to make the complex more accessible—and help you think clearly, invest better, and stay ahead. Sign up for the newsletter.
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
$573.05
Price Target
N/A
Dividend
N/A
EV/EBITDA
56.55
P/E
79.29
EV/Sales
35.28
Sector
Software
Category
growth
AppLovin: Sky-High Valuation Amid Adtech Hype
APP (overview - expensive): Trading at 74x earnings & 39x sales after meteoric rise. AI-optimized mobile ad platform w/ 40%+ revenue growth & 40% operating margins, but <1% digital ad market share vs Google/Meta dominance. Faces AI disruption risk as chatbots replace ad-driven discovery, mobile gaming dependence, & peak hype from S&P inclusion. Valuation leaves no margin for error.
Read full article (10 min)