Added to YB: 2024-02-29
Pitch date: 2024-02-26
APP [bullish]
AppLovin Corporation
+588.83%
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
$146.6B
Pitch Price
$59.91
Price Target
N/A
Dividend
N/A
EV/EBITDA
34.43
P/E
43.31
EV/Sales
26.97
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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