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Added to YB: 2026-08-12

Pitch date: 2026-08-09

APP [neutral]

AppLovin Corporation

-8.16%

current return

Author Info

No bio for this author

Company Info

AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.

Market Cap

$116.1B

Pitch Price

$347.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

21.44

P/E

26.66

EV/Sales

17.06

Sector

Media

Category

turnaround

Show full summary:
MM Top Ideas List: 20 Stocks Worth Watching - AppLovin Corporation

APP (overview): Ad-tech turnaround post-2021 crash (-90%). Pivoted from mobile games to AXON 2.0 ad platform, divested gaming. Latest Q: rev +53%, adj EBITDA +58%, $860M+ FCF. Now expanding platform beyond gaming to broader businesses. Mkt cap halved this year, trades 12x 2028 net income.

Read full article (1 min)