Added to YB: 2025-02-24
Pitch date: 2025-02-20
APP [bearish]
AppLovin Corporation
-48.13%
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
$452.77
Price Target
N/A
Dividend
N/A
EV/EBITDA
56.55
P/E
79.29
EV/Sales
35.28
Sector
Software
Category
N/A
Problems at AppLovin (APP)
APP short: Rapid 750% rise to 35x rev fueled by low-quality, deceptive ads. Concerns: gambling promo, unreadable/unclickable ads, ad fraud allegations, lack of transparency, attribution gaming. Ties to low-quality e-commerce. Critics cite round-tripping, gift card schemes, and pyramid-like structure. High valuation questioned.
Read full article (7 min)