AppLovin (APP) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Here is how AppLovin (APP) and Distribution Solutions Group (DSGR) have performed compared to their sector so far this year.
AppLovin Corp (NASDAQ: APP) continues its remarkable ascent, hitting new all-time highs daily, including a peak of $163.13 yesterday. On October 22, Loop Capital initiated coverage on the stock with a ‘Buy' rating and a $181 price target.
AppLovin (APP) reachead $158.95 at the closing of the latest trading day, reflecting a +0.06% change compared to its last close.
Strong earnings growth and a crucial place in its industry have shares of mobile marketer AppLovin, Corp. (APP).
AppLovin (APP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
AppLovin's impressive growth is driven by AI-related tailwinds and positive fundamentals, but the current stock price appears to be too pricey, warranting a "Hold" rating. Q2 financials show strong revenue and EPS growth, but potential peak EBITDA margins and declining monthly active payers raise concerns. Despite a solid balance sheet and good shareholder returns, valuation analysis suggests the stock is overvalued by 10-11% based on current consensus.
AppLovin (APP) closed the most recent trading day at $143.81, moving -1.03% from the previous trading session.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
There are still attractively valued tech stocks despite the market's strong performance this year.
The AI-powered Adtech leader may just be getting started.
AppLovin (APP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.