Added to YB: 2024-12-11
Pitch date: 2024-10-11
APP [bullish]
AppLovin Corporation
+191.64%
current return
Author Info
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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
$132.1B
Pitch Price
$141.27
Price Target
N/A
Dividend
N/A
EV/EBITDA
30.49
P/E
38.90
EV/Sales
24.30
Sector
Software
Category
growth
Show full summary:
ClearBridge Investments Mid Cap Growth Strategy Portfolio Holding: AppLovin Corporation
APP: AI-enabled ad platform for mobile apps. Strong growth potential as AI improves take rates. Initially focused on mobile games, but sees broader applications. One of best mid-cap AI beneficiaries. IT sector outperformer with significant runway for expansion beyond current market.
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