Professional
Added to YB: 2025-03-31
Pitch date: 2025-03-28
APP [bullish]
AppLovin Corporation
+60.98%
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
$132.1B
Pitch Price
$255.93
Price Target
538.00 (+31%)
Dividend
N/A
EV/EBITDA
30.49
P/E
38.90
EV/Sales
24.30
Sector
Software
Category
N/A
AppLovin (APP): Wells Fargo Dismisses Short Claims, Reaffirms $538 Target
APP: Wells Fargo maintains Overweight, $538 PT. Refutes short report: eComm incrementality 55-85% vs MW's <50% claim. Q1'25 churn normal for test budgets. APP pixel adoption growing. Fingerprinting claims unclear, may not violate App Store TOS. Analyst checks contradict MW's 5-customer sample.
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