APP - AppLovin Corporation Stock Price, Fair Value and News

74.07USD-3.02 (-3.92%)Market Closed

Market Summary

USD74.07-3.02

Market Closed

-3.92%

APP Alerts

1 major insider sales recently.

APP Stock Price

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APP RSI Chart

APP Valuation

Market Cap

24.4B

Price/Earnings (Trailing)

40.79

Price/Sales (Trailing)

6.72

EV/EBITDA

19.89

Price/Free Cashflow

20.98

APP Price/Sales (Trailing)

APP Profitability

Operating Margin

69.90%

EBT Margin

17.98%

Return on Equity

78.59%

Return on Assets

11.35%

Free Cashflow Yield

4.77%

APP Fundamentals

APP Revenue

Revenue (TTM)

3.6B

Rev. Growth (Yr)

47.9%

Rev. Growth (Qtr)

11%

APP Earnings

Earnings (TTM)

597.4M

Earnings Growth (Yr)

5.3K%

Earnings Growth (Qtr)

37.13%

Breaking Down APP Revenue

Last 7 days

6.2%

Last 30 days

-5.1%

Last 90 days

59.1%

Trailing 12 Months

327.4%

How does APP drawdown profile look like?

APP Financial Health

Current Ratio

2.11

Debt/Equity

4.59

Debt/Cashflow

0.33

APP Investor Care

Buy Backs (1Y)

11.39%

Diluted EPS (TTM)

1.67

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.6B	0	0	0
2023	2.9B	2.9B	3.0B	3.3B
2022	2.8B	2.9B	2.9B	2.8B
2021	1.8B	2.2B	2.5B	2.8B
2020	1.1B	1.2B	1.3B	1.5B
2019	0	0	0	994.1M
2018	0	0	0	483.4M

Get all data in R, Python etc through our Historical Stock Data APIs

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Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of AppLovin Corporation

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 15, 2024	messing barbara	acquired	-	-	64.00	-
Apr 15, 2024	vivas eduardo	acquired	-	-	192	-
Apr 15, 2024	harvey dawson alyssa	acquired	-	-	210	-
Apr 04, 2024	valenzuela victoria	sold	-3,750,500	75.01	-50,000	clo & corp. secretary
Mar 14, 2024	stumpf matthew	sold	-175,658	63.3	-2,775	chief financial officer (cfo)
Mar 14, 2024	chen herald y	sold	-9,456,600	63.044	-150,000	president & cfo
Mar 14, 2024	stumpf matthew	acquired	23,664	5.05	4,686	chief financial officer (cfo)
Mar 14, 2024	chen herald y	acquired	-	-	69,801	president & cfo
Mar 11, 2024	vivas eduardo	sold	-77,280	60.9468	-1,268	-
Mar 08, 2024	valenzuela victoria	sold	-1,625,000	65.00	-25,000	clo & corp. secretary

Which funds bought or sold APP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	M&T Bank Corp	added	6.94	740,646	1,603,570	0.01%
May 07, 2024	FORSTA AP-FONDEN	new	-	3,364,090	3,364,090	0.03%
May 07, 2024	Arizona State Retirement System	added	22.48	1,807,320	3,410,330	0.02%
May 07, 2024	THOROUGHBRED FINANCIAL SERVICES, LLC	added	11.11	746,000	1,548,000	0.15%
May 07, 2024	Swiss National Bank	added	89.28	25,855,500	37,156,600	0.03%
May 07, 2024	Empowered Funds, LLC	new	-	2,469,080	2,469,080	0.02%
May 07, 2024	Washington Trust Advisors, Inc.	new	-	1,755	1,755	-%
May 07, 2024	Donoghue Forlines LLC	reduced	-21.6	581,156	2,187,630	0.62%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	reduced	-18.53	237,918	811,120	0.01%
May 07, 2024	ClariVest Asset Management LLC	reduced	-59.8	-1,883,430	4,359,750	0.45%

Are Funds Buying or Selling APP?

Are funds buying APP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own APP

No. of Funds

APP Alerts

1 major insider sales recently.

Unveiling AppLovin Corporation's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	krystynak john	4.2%	11,167,108	SC 13G/A
Feb 13, 2024	vanguard group inc	5.83%	15,438,728	SC 13G/A
Feb 12, 2024	karam andrew	7.1%	1.9e+07	SC 13G/A
Feb 12, 2024	foroughi arash adam	22.8%	77,988,517	SC 13G/A
Feb 12, 2024	kkr denali holdings l.p.	14.3%	43,355,379	SC 13G/A
Feb 12, 2024	gqg partners llc	9.71%	25,689,782	SC 13G
Feb 12, 2024	chen herald y	1.7%	4,662,064	SC 13G/A
Feb 09, 2024	angel pride holdings ltd	7.7%	20,493,747	SC 13G/A
Feb 08, 2024	hontai app fund limited partnership	12.%	0	SC 13G/A
Oct 06, 2023	midterm success ltd	8.4%	23,167,242	SC 13G

Recent SEC filings of AppLovin Corporation

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
Apr 23, 2024	ARS	ARS
Apr 23, 2024	DEF 14A	DEF 14A
Apr 23, 2024	DEFA14A	DEFA14A
Apr 08, 2024	4	Insider Trading
Apr 04, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to AppLovin Corporation)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	270.6B	34.9B	-7.55%	38.66%	65.42	7.76	11.18%	1888.46%
UBER	138.8B	38.6B	-11.48%	73.92%	99.85	3.6	14.01%	141.26%
ADSK	45.8B	5.3B	-12.99%	11.01%	49.91	8.56	9.15%	48.14%
ANSS	28.6B	2.2B	-4.93%	11.41%	65.72	12.82	3.59%	-21.47%
ZM	18.4B	4.5B	-2.81%	-3.65%	28.89	4.07	3.06%	514.65%
MID-CAP
APPF	8.8B	671.8M	4.95%	74.44%	115.49	13.15	33.64%	185.98%
LYFT	6.9B	4.4B	-0.28%	106.26%	-20.13	1.56	7.53%	78.52%
ALRM	3.4B	881.7M	-1.59%	44.62%	42.65	3.89	4.64%	44.42%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
AI	2.9B	296.4M	-2.16%	22.89%	-10.83	9.93	11.14%	-3.59%
AGYS	2.2B	228.1M	-3.45%	3.25%	25.27	9.67	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	217.3M	572.4M	-0.93%	-81.81%	-1.1	0.38	-19.38%	-489.49%
AEYE	216.8M	31.6M	98.83%	174.78%	-36.93	6.86	2.76%	43.72%
ASUR	186.9M	117.7M	-6.70%	-50.24%	-18.95	1.59	12.54%	11.24%

AppLovin Corporation News

Latest updates

AppLovin Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																			(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Revenue	11.0%	1,058	953	864	750	715	702	713	776	625	793	727	669	604	510	382	299	260	-	-
Cost Of Revenue	7.5%	294	274	265	259	262	369	301	304	282	265	254	246	223	198	163	118	76.00	-	-
Costs and Expenses	5.1%	719	684	678	619	654	725	664	723	753	735	682	634	592	515	457	306	235	-	-
S&GA Expenses	1.7%	227	223	212	192	203	201	197	232	290	314	285	265	266	211	153	135	129	-	-
R&D Expenses	3.0%	155	151	159	137	145	118	122	141	126	120	109	77.00	61.00	81.00	51.00	30.00	19.00	-	-
EBITDA Margin	11.6%	0.38*	0.34*	0.28*	0.27*	0.24*	0.18*	0.20*	0.18*	0.16*	0.20*	0.19*	0.14*	0.12*	0.12*	0.21*	0.23*	0.25*	0.28*	-0.37*
Interest Expenses	10.8%	71.00	64.00	66.00	52.00	67.00	58.00	46.00	33.00	29.00	30.00	15.00	16.00	16.00	15.00	14.00	14.00	16.00	-	-
Income Taxes	376.7%	32.00	7.00	1.00	15.00	1.00	13.00	-22.05	39.00	-42.68	-2.79	17.00	0.00	-3.18	-7.45	-4.49	-0.70	3.00	-	-
Earnings Before Taxes	49.8%	268	179	109	96.00	-3.35	-66.17	2.00	17.00	-157	29.00	17.00	14.00	-13.75	-26.42	-94.40	-22.41	8.00	-	-
EBT Margin	55.1%	0.18*	0.12*	0.04*	0.01*	-0.02*	-0.07*	-0.04*	-0.03*	-0.03*	0.02*	0.00*	-0.06*	-0.09*	-0.09*	0.09*	0.10*	0.11*	0.13*	-0.50*
Net Income	37.1%	236	172	109	80.00	-4.52	-79.51	24.00	-21.75	-115	31.00	0.00	14.00	-10.52	-18.77	-89.69	-21.39	5.00	-	-
Net Income Margin	51.6%	0.16*	0.11*	0.03*	0.01*	-0.03*	-0.07*	-0.03*	-0.04*	-0.02*	0.01*	-0.01*	-0.05*	-0.08*	-0.09*	0.09*	0.10*	0.11*	0.12*	-0.54*
Free Cashflow	14.2%	393	344	199	226	289	163	174	107	-32.00	85.00	124	90.00	62.00	100	36.00	39.00	45.00	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	-1.8%	5,263	5,359	5,005	5,482	5,916	5,848	5,805	5,931	6,167	6,164	4,568	4,600	2,621	2,155	1,202
Current Assets	-0.5%	1,608	1,616	1,301	1,696	2,048	1,939	1,824	1,817	2,298	3,235	1,626	1,717	1,185	663	586
Cash Equivalents	-13.1%	436	502	332	876	1,246	1,080	944	952	1,413	2,571	1,050	1,184	761	317	396
Net PPE	-	-	-	-	-	-	-	71.00	62.00	64.00	64.00	63.00	63.00	22.00	29.00	8.00
Goodwill	-0.8%	1,827	1,843	1,814	1,831	1,834	1,824	1,763	1,819	264	966	998	1,016	249	250	137
Liabilities	9.7%	4,502	4,103	3,909	3,965	4,017	3,945	3,923	4,024	4,155	4,025	2,519	2,602	2,751	2,313	1,459
Current Liabilities	-19.2%	763	944	805	592	620	579	544	645	785	640	570	603	487	598	239
Short Term Borrowings	-83.5%	36.00	215	215	33.00	33.00	33.00	33.00	33.00	30.00	26.00	18.00	18.00	18.00	15.00	12.00
Long Term Debt	20.1%	3,490	2,906	2,912	3,167	3,173	3,178	3,184	3,190	3,196	3,202	1,731	1,734	2,138	1,584	1,168
LT Debt, Non Current	-100.0%	-	2,906	2,912	3,167	3,173	3,178	3,184	3,190	3,196	3,202	1,731	1,734	2,138	1,584	1,168
Shareholder's Equity	-39.5%	760	1,256	1,096	1,517	1,899	1,903	1,882	1,907	2,012	2,138	2,049	1,997	-	-	-
Retained Earnings	29.1%	-576	-812	-985	-1,093	-1,174	-1,169	-1,090	-1,113	-1,092	-976	-1,008	-1,008	-1,022	-1,012	-887
Additional Paid-In Capital	-33.4%	1,421	2,135	2,175	2,688	3,146	3,156	3,112	3,149	3,163	3,160	3,085	3,015	493	454	235
Shares Outstanding	-3.2%	329	340	336	348	371	374	372	374	372	325	368	279	222	215	211
Float	-	-	-	-	5,900	-	-	-	7,500	-	-	-	15,450	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Cashflow From Operations	14.2%	392,779	343,988	199,066	229,794	288,662	163,199	174,482	106,811	-31,719	85,015	124,560	90,457	61,819	100,157	37,468	39,571	45,687	-	-
Share Based Compensation	8.2%	95,253	88,049	110,839	81,253	82,966	47,669	42,147	57,156	44,640	41,349	34,725	27,144	29,959	43,025	10,868	5,032	3,462	-	-
Cashflow From Investing	-364.9%	-31,635	-6,804	-15,833	-42,217	-12,975	22,286	-42,010	-292,001	-1,059,743	-8,678	-183,070	-1,004,909	-18,273	-116,469	-39,037	-469,686	-54,699	-	-
Cashflow From Financing	-149.0%	-424,612	-170,524	-724,154	-556,698	-111,415	-55,411	-136,391	-269,622	-65,424	1,446,939	-75,159	1,337,392	400,374	129,668	-9,589	224,297	33,479	-	-
Buy Backs	-	752,224	-	573,787	503,448	76,358	-	84,353	210,830	43,697	-	-	-	-	-	-	1,006	760	-	-

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APP Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 3,283,087	$ 2,817,058	$ 2,793,104
Costs and expenses:
Cost of revenue	1,059,191	1,256,065	988,095
Sales and marketing	830,718	919,550	1,129,892
Research and development	592,386	507,607	366,402
General and administrative	152,585	181,627	158,699
Total costs and expenses	2,634,880	2,864,849	2,643,088
Income (loss) from operations	648,207	(47,791)	150,016
Other income (expense):
Interest expense and loss on settlement of debt	(275,665)	(171,863)	(103,170)
Other Income (expense), net	8,028	14,477	(535)
Total other expense, net	(267,637)	(157,386)	(103,705)
Net income (loss) before income taxes	380,570	(205,177)	46,311
Provision for (benefit from) income taxes	23,859	(12,230)	10,973
Net income (loss)	356,711	(192,947)	35,338
Less: Net loss attributable to noncontrolling interest	0	(201)	(108)
Net income (loss) attributable to AppLovin	356,711	(192,746)	35,446
Less: Net income attributable to participating securities	1,769	0	3,743
Net income (loss) attributable to common stock—Basic	354,942	(192,746)	31,703
Net income (loss) attributable to common stock—Diluted	$ 354,993	$ (192,746)	$ 31,879
Net income (loss) per share attributable to Class A and Class B common stockholders:
Basic (in dollars per share)	$ 1.01	$ (0.52)	$ 0.10
Diluted (in dollars per share)	$ 0.98	$ (0.52)	$ 0.09
Weighted average common shares used to compute net income (loss) per share attributable to Class A and Class B common stockholders:
Basic (in shares)	351,952,187	371,568,011	324,836,076
Diluted (in shares)	362,589,246	371,568,011	342,763,632

APP Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 502,152	$ 1,080,484
Accounts receivable, net	953,810	702,814
Prepaid expenses and other current assets	160,201	155,785
Total current assets	1,616,163	1,939,083
Property and equipment, net	173,331	78,543
Operating lease right-of-use assets	48,210	60,379
Goodwill	1,842,850	1,823,755
Intangible assets, net	1,292,635	1,677,660
Other assets	385,998	268,426
Total assets	5,359,187	5,847,846
Current liabilities:
Accounts payable	371,702	273,196
Accrued and other current liabilities	252,202	147,801
Licensed asset obligation	13,054	15,254
Short-term debt	215,000	33,310
Deferred revenue	78,559	64,018
Operating lease liabilities	13,605	14,334
Deferred acquisition costs, current	0	31,045
Total current liabilities	944,122	578,958
Non-current liabilities:
Long-term debt	2,905,906	3,178,412
Operating lease liabilities, non-current	42,905	54,153
Licensed asset obligation, non-current	0	26,970
Other non-current liabilities	209,925	106,676
Total liabilities	4,102,858	3,945,169
Commitments and contingencies (Note 5)
Redeemable noncontrolling interest	0	0
Stockholders’ equity:
Preferred stock, $0.00003 par value—100,000,000 shares authorized, no shares issued and outstanding as of December 31, 2023 and 2022	0	0
Class A, Class B and Class F common stock, $0.00003 par value—1,700,000,000 (Class A 1,500,000,000, Class B 200,000,000, Class F nil) and 1,700,000,000 (Class A 1,500,000,000, Class B 200,000,000, Class F nil) shares authorized, 339,886,712 (Class A 268,774,090, Class B 71,112,622, Class F nil) and 373,873,683 (Class A 302,711,061, Class B 71,162,622, Class F nil) shares issued and outstanding as of December 31, 2023 and 2022, respectively	11	11
Additional paid-in capital	2,134,581	3,155,748
Accumulated other comprehensive loss	(65,274)	(83,382)
Accumulated deficit	(812,989)	(1,169,700)
Total stockholders’ equity	1,256,329	1,902,677
Total liabilities, redeemable noncontrolling interest, and stockholders’ equity	$ 5,359,187	$ 5,847,846

About AppLovin Corporation

AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction; and Wurl, a connected TV platform, which primarily distributes streaming video for content companies. Its business clients include various advertisers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.

CEO	Mr. Adam Arash Foroughi
WEBSITE	applovin.com
INDUSTRY	Software - Apps
EMPLOYEES	1675

AppLovin Corporation Frequently Asked Questions

What is the ticker symbol for AppLovin Corporation? What does APP stand for in stocks?

APP is the stock ticker symbol of AppLovin Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AppLovin Corporation (APP)?

As of Wed May 08 2024, market cap of AppLovin Corporation is 25.18 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of APP stock?

You can check APP's fair value in chart for subscribers.

What is the fair value of APP stock?

You can check APP's fair value in chart for subscribers. The fair value of AppLovin Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AppLovin Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for APP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AppLovin Corporation a good stock to buy?

The fair value guage provides a quick view whether APP is over valued or under valued. Whether AppLovin Corporation is cheap or expensive depends on the assumptions which impact AppLovin Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for APP.

What is AppLovin Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, APP's PE ratio (Price to Earnings) is 70.58 and Price to Sales (PS) ratio is 7.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. APP PE ratio will change depending on the future growth rate expectations of investors.