Professional
Added to YB: 2024-12-11
Pitch date: 2024-12-10
APP [bullish]
AppLovin Corporation
+104.72%
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
$220.7B
Pitch Price
$327.60
Price Target
480.00 (-28%)
Dividend
N/A
EV/EBITDA
56.55
P/E
79.29
EV/Sales
35.28
Sector
Software
Category
growth
Show full summary:
AppLovin Stock Drops 15%: Why Oppenheimer Sees a $480 Target
APP: 15% selloff opportunity. Oppenheimer PT $480. Strong e-commerce growth, non-gaming potential. Positive customer feedback post-BFCM. Near-term catalysts in early 2025. Top pick with reasonable valuation despite exciting growth prospects.
Read full article (1 min)