AppLovin Corporation (APP)

NASDAQ: APP · USD

$339

-7.80 (-2.3%)· Recorded snapshot

Coverage state: Latest published research available

Market snapshot recorded 2026-08-11 02:00 UTC. Latest published research analyzed 2026-05-09 · historical · sources unverified. Prices and fundamentals on this server-rendered page are dated snapshots, not a real-time trading feed.

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StockMarketAgent Research · Analyzed 2026-05-09

Our latest published analysis: APP rated Sell

APP is rated Sell at $468.55 versus the reconciled fair value midpoint of $347.80, implying -25.77% upside/downside. Confidence is separately disclosed at 87/100.

Fair value (mid)

$348 / share

$223 – $481

Upside to FV

-25.8%

from $339

Confidence

87/100

Moat

6.5/10

Market cap	$157.4B
Revenue (ttm)	6.8B
Net income (ttm)	4.4B
EPS (ttm)	$13.0
Shares out	334.7M
P/E (trailing)	26.1x
P/E (forward)	21.5x
Volume	6,273,256
Beta	2.53
Price target	$561	+65.4%

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 6.8B
Net income (ttm): 4.4B
EPS (ttm): $13.0
P/E (trailing): 26.1x
P/E (forward): 21.5x
Market cap: $157.4B

Item	P1	P2	P3	P4	Trend
Period	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$2.82B	$1.84B	$3.22B	$5.48B	+24.8%
Gross profit	$1.56B	$1.49B	$2.70B	$4.82B	+45.6%
Operating income	$-47.8M	$772.4M	$1.91B	$4.15B	—
Net income	$-192.7M	$357.2M	$1.58B	$3.33B	—
EPS (diluted)	$-0.52	$0.98	$4.53	$9.75	—
EBITDA	$513.8M	$1.26B	$2.38B	$4.35B	+103.9%
R&D	$507.6M	$333.8M	$374.7M	$226.5M	-23.6%
SG&A	$1.10B	$379.0M	$417.8M	$437.2M	-26.5%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AAPL	Apple Inc.	4.4T	35.0x	9.5x	101.6%	+6.1%	+33.6%	Sell
ABNB	Airbnb Inc.	109.1B	41.9x	8.3x	16.8%	+24.4%	+52.9%	Hold
ADBE	Adobe Inc.	104.8B	15.1x	4.2x	60.7%	+11.9%	-22.7%	Strong Buy
ACN	Accenture plc	110B	14.4x	1.5x	27.1%	+8.8%	-22.3%	Buy
ADI	Analog Devices Inc.	187.7B	57.4x	14.7x	9.1%	+15.5%	+74.4%	Sell
ADSK	Autodesk Inc.	53.1B	36.7x	7.1x	49.1%	+14.0%	-13.4%	Sell

All APP indicators

Market & fundamental data

Available fields

269

Groups with data

Currency

USD

Showing 269 of 269 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Cik	0001751008
Company name	AppLovin Corporation
Country	United States
Country code	US
Cusip	03831W108
Employees	898
Employees Change	-665%
Employees Change Percent	-42.55
Enterprise value	$113.9B
Exchange	NASDAQ
Financial currency	USD
First seen	2026-05-09
In Index	SP500, NASDAQ100
Industry	Advertising Agencies
Industry PE	32.7
Industry PE Fwd	14.4
IPO Date	2021-04-15
Isin	US03831W1080
Last refreshed	2026-08-11
Market cap	$113.4B
Market cap category	Large-Cap
Price	$339
Price currency	USD
Rev Per Employee	7,604,815.14x
Sector	Communication Services
Sector PE	20.32
Sector PE Fwd	19.71
Sic	7370
Symbol	APP
Website	https://www.applovin.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	3.89%
EV Earnings	25.83x
EV Sales Forward	12.22x
EV/EBIT	21.54x
EV/EBITDA	21.01x
EV/FCF	25.16x
EV/Sales	16.68x
FCF yield	3.99%
Forward P/E	18.47x
P/B ratio	35.94x
P/E ratio	26.06x
P/S ratio	16.61x
PE Ratio3 Y	56.08x
PE Ratio5 Y	159.84x
PEG ratio	0.56x
PS Forward	12.17x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	77.44%
EBITDA Margin	79.4%
FCF margin	66.3%
Gross margin	88.46%
Gross Profit	$6B
Gross Profit Growth	64.55%
Gross Profit Growth Q	53.84%
Gross Profit Growth3 Y	52.9%
Gross Profit Growth5 Y	35.26%
Net Income	$4.4B
Net Income Growth	81.51%
Net Income Growth Q	54.54%
Net Income Growth Quarters	14%
Net Income Growth Years	3%
Net Income Growth3 Y	506.17%
Pretax Margin	76.31%
Profit Margin	64.58%
Profit Per Employee	$4.9M
Profitable Quarters	$13
Profitable Years	3
ROA	46.46
Roa5y	14.34
ROCE	75.39
ROE	203.7
Roe5y	74.29
ROIC	132.7
Roic5y	33.73

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr1y	-25.67%
Cagr3y	125.85%
Cagr5y	42.57%
EPS Growth	85.01
EPS Growth Q	57.04
EPS Growth Quarters	14
EPS Growth Years	3
EPS Growth3 Y	522.7
FCF Growth	56.12%
FCF Growth Q	11.31%
FCF Growth3 Y	74.24%
FCF Growth5 Y	73.6%
OCF Growth	56.12%
OCF Growth Q	11.31%
OCF Growth3 Y	74.22%
OCF Growth5 Y	73.27%
Revenue Growth	60.6x
Revenue Growth Q	52.83x
Revenue Growth Quarters	7x
Revenue Growth Years	2x
Revenue Growth3 Y	33.33x
Revenue Growth5 Y	25.84x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	$0.96
Assets	$8.3B
Cash	$3.1B
Current Assets	$5.4B
Current Liabilities	$1.3B
Debt	$3.5B
Debt EBITDA	$0.65
Debt Equity	$1.11
Debt FCF	$0.78
Equity	$3.2B
Interest Coverage	25.79
Liabilities	$5.1B
Long Term Assets	$2.9B
Long Term Liabilities	$3.9B
Net Cash	$-461.8M
Net Cash By Market Cap	$-0.41
Net Debt EBITDA	$0.09
Net Debt Equity	$0.15
Net Debt FCF	$0.1
Tangible Book Value	$1.3B
Tangible Book Value Per Share	$3.84
WACC	17.76

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	4.3
Net Working Capital	$1.1B
Quick ratio	4.17
Working Capital	$4.1B
Working Capital Turnover	$2.26

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	1.81%
Dividend Yield	0%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
1Y total return	-25.65%
200-day SMA	514
3Y total return	1,052.67%
50-day SMA	473.3
50-day SMA vs 200-day SMA	50under200
5Y total return	488.85%
All Time High	745.6
All Time High Change	-54.53%
All Time High Date	2025-09-29
All Time Low	9.14
All Time Low Change	3,608.97%
All Time Low Date	2022-12-28
ATR	27.35
Beta	2.53
Beta1y	2.75
Beta2y	3.44
Ch YTD	-49.69
High	350.3
High52	745.6
High52 Date	2025-09-29
High52ch	-54.53%
Low	338.7
Low52	332.2
Low52 Date	2026-08-06
Low52ch	2.05%
Ma50ch	-28.37%
Premarket Change Percent	-0.52
Premarket Price	$345
Premarket Volume	70,170
Price vs 200-day SMA	-34.05%
RSI	31.11
RSI Monthly	47.63
RSI Weekly	38.19
Sharpe ratio	-0.01x
Sortino ratio	0.05
Total Return	1.81%
Tr YTD	-49.69
Tr1m	-34.86%
Tr1w	-16.54%
Tr3m	-27.65%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Analyst Count	32
Analyst Count Top	12
Analyst Price Target Top	$582
Analyst Ratings	Buy
Analyst Ratings Top	Strong Buy
Earnings EPS Estimate	$3.75
Earnings EPS Estimate Growth	56.9
Earnings Revenue Estimate	1,940,282,752x
Earnings Revenue Estimate Growth	54.24x
Operating Income	$5.3B
Operating Income Growth	78.65
Operating Income Growth Q	56.03
Operating Income Growth3 Y	184
Operating Income Growth5 Y	147.5
Operating margin	77.44
Price target	$561
Price Target Change	$65.44
Price Target Change Top	$71.74

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	249,163,463%
Float Percent	74.45%
Net Borrowing	-18,669,000
Shares Insiders	23.31%
Shares Institutions	64.96%
Shares Out	334,650,521
Shares Qo Q	-0.5%
Shares Yo Y	-1.81%
Short Float	5.04%
Short Ratio	2.13
Short Shares	3.75

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Adjusted FCF	$4.2B
Adjusted OCF	4,245,213,000
Average Volume	6,945,094.25x
Bv Per Share	9.43
Ch1m	-34.86
Ch1w	-16.54
Ch1y	-25.65
Ch3m	-27.65
Ch3y	1,052.7
Ch5y	488.8
Ch6m	-26.37
Change	-2.25%
Change From Open	-2.31
Close	346.8
Days Gap	0.06
Depreciation Amortization	126,446,000
Dollar Volume	2,126,633,784
Earnings Date	2026-08-05
Earnings Time	amc
EBIT	$5.3B
EBITDA	$5.4B
EPS	$13.01
F Score	7
FCF	$4.5B
FCF EV Yield	3.97x
FCF Per Share	$13.53
Financing CF	-2,636,126,000
Fiscal Year End	December
Founded	2,012
Goodwill	1,518,587,000
Graham Number	52.54175
Graham Upside	-84.5
Income Tax	$801.3M
Investing CF	-28,144,000
Ipr	323.8
Iprfo	384.3
Is Primary Listing	1
Is Spac	No
Last Earnings Date	2026-08-05
Last Report Date	2026-06-30
Last Split Type	Never
Last10k Filing Date	2026-02-19
Lynch Fair Value	$325
Lynch Upside	-4.08
Ma150	473.7
Ma150ch	-28.44%
Ma20	405.6
Ma20ch	-16.43%
Net CF	1,860,698,000
Next Earnings Date	2026-11-04
Open	347
Optionable	Yes
P FCF Ratio	25.06
P FCF Ratio SBC	26.72
P OCF Ratio	25.06
P OCF Ratio SBC	26.72
Position In Range	2.51
Post Close	339
Postmarket Change Percent	-0.07
Postmarket Price	$339
Ppne	111,948,000
Pre Close	346.8
Price Date	2026-08-10
Price EBITDA	$20.92
Ptbv Ratio	88.03
Relative Volume	0.9x
Revenue	6,829,124,000x
SBC By Revenue	4.13x
Share Based Comp	282,376,000
Tax By Revenue	11.73x
Tax Rate	15.38%
Tr6m	-26.37%
Us State	California
Views	2,095
Volume	6,273,256
Z Score	24.42

Frequently asked questions

About this APP report

What is the latest published APP stock rating?

AppLovin Corporation is shown with sell in the latest published report, analyzed 2026-05-09. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full APP analysis?

The full latest published report, analyzed 2026-05-09, lives at /stocks/APP/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair-value range is used for APP?

The latest published report analyzed 2026-05-09 frames APP around USD 223 to USD 481. This is a dated valuation range, not a live market price; check the valuation, sensitivity, and bear-case tabs before making a decision.

How often is the APP page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-05-09). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

AppLovin Corporation (APP)

Coverage state: Latest published research available

Generate a fresh APP analysis

Our latest published analysis: APP rated Sell

Price

Financial snapshot

Fair-value bridge

Analyst consensus

Latest news · APP

Valuation

Profitability

Balance sheet

Trading

Position sizing & entry playbook

Next earnings

Sector percentile context

All APP indicators

Profile and market data

Valuation

Profitability

Growth

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Analyst estimates

Ownership and float

Other indicators

Deeper analysis on APP

Frequently asked questions