Professional
Added to YB: 2025-01-10
Pitch date: 2025-01-09
APP [bullish]
AppLovin Corporation
+112.91%
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
$315.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
56.55
P/E
79.29
EV/Sales
35.28
Sector
Software
Category
growth
ClearBridge Growth Strategy New Position: AppLovin Corporation
APP: Leading mobile game/app ad platform w/ AI-powered Axon engine. Poised for growth in recovering mobile gaming ad market. Potential e-commerce ad expansion. Strong incremental margins, controlled expenses to drive FCF growth as revenue scales. Opportunity in mobile app marketing share expansion.
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