Added to YB: 2024-02-29
Pitch date: 2024-02-26
APP [bullish]
AppLovin Corporation
+711.03%
current return
Author Info
No bio for this author
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Company Info
AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.
Market Cap
$157.6B
Pitch Price
$59.91
Price Target
N/A
Dividend
N/A
EV/EBITDA
32.68
P/E
40.77
EV/Sales
25.70
Sector
Software
Category
growth
Show full summary:
SaltLight Capital Worldwide Flexible Fund Portfolio Holding - AppLovin Corporation
APP: Key in free-to-play gaming, uses contextual data for ads, vital for CTV lacking 1st-party data. Shift to smart TVs = big chance to apply game targeting to CTV, aiming at households not individuals. Rapid changes: tech in sports, Walmart buying TV OS cos. CTV ads may top $100B gaming.
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