Added to YB: 2025-03-12
Pitch date: 2025-03-10
APP [neutral]
AppLovin Corporation
+72.09%
current return
Author Info
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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
$239.80
Price Target
238.00 (-42%)
Dividend
N/A
EV/EBITDA
34.43
P/E
43.31
EV/Sales
26.97
Sector
Software
Category
growth
AppLovin ($APP) Investment Thesis: Expensive, but Unstoppable?
APP (expensive): AI-driven adtech leader, post-Apps divestiture. High-margin software biz (75% GM, 33% NM). AXON engine & MAX platform drive user acquisition & monetization. Risks: privacy changes, platform dependence. DCF fair value $238 (-12% downside), but high optionality. Strong growth (15% CAGR), 72% EBIT margin by 2026E.
Read full article (14 min)