(APP) Applovin - Overview

Sector: Communication Services | Industry: Advertising Agencies | Exchange: NASDAQ (USA) | Market Cap: 130.576m USD | Total Return: 77.7% in 12m

Advertising Technology, Software, Analytics, Media
Total Rating 58
Safety 95
Buy Signal -0.36
Advertising Agencies
Industry Rotation: +2.3
Market Cap: 131B
Avg Turnover: 1.93B USD
ATR: 7.17%
Peers RS (IBD): 84.0
Risk 5d forecast
Volatility85.5%
Rel. Tail Risk-10.6%
Reward TTM
Sharpe Ratio0.71
Alpha-18.51
Character TTM
Beta3.637
Beta Downside2.900
Drawdowns 3y
Max DD57.00%
CAGR/Max DD3.40
EPS (Earnings per Share) EPS (Earnings per Share) of APP over the last years for every Quarter: "2021-03": -0.05, "2021-06": 0.04, "2021-09": 0.4, "2021-12": 0.08, "2022-03": -0.31, "2022-06": -0.06, "2022-09": 0.62, "2022-12": 0.54, "2023-03": -0.01, "2023-06": 0.22, "2023-09": 0.61, "2023-12": 0.74, "2024-03": 0.92, "2024-06": 0.89, "2024-09": 1.25, "2024-12": 1.73, "2025-03": 1.67, "2025-06": 2.36, "2025-09": 2.45, "2025-12": 3.24, "2026-03": 0,
EPS CAGR: 15.85%
EPS Trend: 64.8%
Last SUE: -4.00
Qual. Beats: 0
Revenue Revenue of APP over the last years for every Quarter: 2021-03: 603.877, 2021-06: 668.806, 2021-09: 726.951, 2021-12: 793.47, 2022-03: 625.421, 2022-06: 776.231, 2022-09: 713.099, 2022-12: 702.307, 2023-03: 715.405, 2023-06: 750.165, 2023-09: 864.256, 2023-12: 953.261, 2024-03: 1058.115, 2024-06: 711.015, 2024-09: 835.186, 2024-12: 1372.779, 2025-03: 1484.021, 2025-06: 1258.754, 2025-09: 1405.045, 2025-12: 1657.944, 2026-03: null,
Rev. CAGR: 29.69%
Rev. Trend: 87.8%
Last SUE: -1.46
Qual. Beats: 0

Warnings

Volatile

Tailwinds

No distinct edge detected

Description: APP Applovin

AppLovin Corporation (APP) provides AI-powered advertising solutions. The company operates in two segments: Advertising and Apps. This dual focus is common among adtech firms seeking to diversify revenue streams.

Its product offerings include Axon Ads Manager for marketing optimization, MAX for in-app bidding, Adjust for analytics, and Wurl for connected TV streaming and advertising. The mobile advertising market, where AppLovin is a key player, is characterized by rapid technological advancements and intense competition.

AppLovin serves a wide range of clients, from individual developers to large enterprises and advertising networks. Further research on ValueRay can provide deeper insights into AppLovins market position and financial performance.

Headlines to Watch Out For
  • Mobile advertising spending growth boosts AppLovins ad revenue
  • In-app bidding technology adoption drives platform monetization
  • Regulatory scrutiny on data privacy impacts advertising segment
  • Acquisition strategy expands market reach and product offerings
Piotroski VR‑10 (Strict) 8.0
Net Income: 3.33b TTM > 0 and > 6% of Revenue
FCF/TA: 0.54 > 0.02 and ΔFCF/TA 18.68 > 1.0
NWC/Revenue: 53.34% < 20% (prev 31.55%; Δ 21.80% < -1%)
CFO/TA 0.55 > 3% & CFO 3.97b > Net Income 3.33b
Net Debt (1.06b) to EBITDA (4.18b): 0.25 < 3
Current Ratio: 3.32 > 1.5 & < 3
Outstanding Shares: last quarter (339.9m) vs 12m ago -1.88% < -2%
Gross Margin: 86.48% > 18% (prev 0.78%; Δ 8.57k% > 0.5%)
Asset Turnover: 88.44% > 50% (prev 67.76%; Δ 20.68% > 0%)
Interest Coverage Ratio: 19.24 > 6 (EBITDA TTM 4.18b / Interest Expense TTM 207.0m)
Altman Z'' 8.00
A: 0.43 (Total Current Assets 4.43b - Total Current Liabilities 1.33b) / Total Assets 7.26b
B: 0.24 (Retained Earnings 1.74b / Total Assets 7.26b)
C: 0.61 (EBIT TTM 3.98b / Avg Total Assets 6.56b)
D: 0.33 (Book Value of Equity 1.69b / Total Liabilities 5.12b)
Altman-Z'' Score: 8.00 = AAA
Beneish M -3.18
DSRI: 0.88 (Receivables 1.82b/1.41b, Revenue 5.81b/3.98b)
GMI: 0.91 (GM 86.48% / 78.44%)
AQI: 0.65 (AQ_t 0.37 / AQ_t-1 0.57)
SGI: 1.46 (Revenue 5.81b / 3.98b)
TATA: -0.09 (NI 3.33b - CFO 3.97b) / TA 7.26b)
Beneish M-Score: -3.18 (Cap -4..+1) = AA
What is the price of APP shares? As of April 07, 2026, the stock is trading at USD 386.37 with a total of 3,204,100 shares traded.
Over the past week, the price has changed by +10.91%, over one month by -17.82%, over three months by -33.14% and over the past year by +77.71%.
Is APP a buy, sell or hold? Applovin has received a consensus analysts rating of 4.27. Therefore, it is recommended to buy APP.
  • StrongBuy: 16
  • Buy: 4
  • Hold: 4
  • Sell: 1
  • StrongSell: 1
What are the forecasts/targets for the APP price?
Analysts Target Price 645.7 67.1%
Applovin (APP) - Fundamental Data Overview as of 07 April 2026
P/E Trailing = 38.4448
P/E Forward = 24.6914
P/S = 23.8246
P/B = 61.0465
P/EG = 1.069
Revenue TTM = 5.81b USD
EBIT TTM = 3.98b USD
EBITDA TTM = 4.18b USD
Long Term Debt = 3.51b USD (from longTermDebt, last quarter)
Short Term Debt = 13.9m USD (from shortTermDebt, last quarter)
Debt = 3.54b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.06b USD (from netDebt column, last quarter)
Enterprise Value = 131.63b USD (130.58b + Debt 3.54b - CCE 2.49b)
Interest Coverage Ratio = 19.24 (Ebit TTM 3.98b / Interest Expense TTM 207.0m)
EV/FCF = 33.39x (Enterprise Value 131.63b / FCF TTM 3.94b)
FCF Yield = 3.00% (FCF TTM 3.94b / Enterprise Value 131.63b)
FCF Margin = 67.91% (FCF TTM 3.94b / Revenue TTM 5.81b)
Net Margin = 57.42% (Net Income TTM 3.33b / Revenue TTM 5.81b)
Gross Margin = 86.48% ((Revenue TTM 5.81b - Cost of Revenue TTM 784.7m) / Revenue TTM)
Gross Margin QoQ = 88.93% (prev 87.56%)
Tobins Q-Ratio = 18.13 (Enterprise Value 131.63b / Total Assets 7.26b)
Interest Expense / Debt = 1.45% (Interest Expense 51.3m / Debt 3.54b)
Taxrate = 12.06% (151.1m / 1.25b)
NOPAT = 3.50b (EBIT 3.98b * (1 - 12.06%))
Current Ratio = 3.32 (Total Current Assets 4.43b / Total Current Liabilities 1.33b)
Debt / Equity = 1.66 (Debt 3.54b / totalStockholderEquity, last quarter 2.13b)
Debt / EBITDA = 0.25 (Net Debt 1.06b / EBITDA 4.18b)
Debt / FCF = 0.27 (Net Debt 1.06b / FCF TTM 3.94b)
Total Stockholder Equity = 1.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 50.79% (Net Income 3.33b / Total Assets 7.26b)
RoE = 249.2% (Net Income TTM 3.33b / Total Stockholder Equity 1.34b)
RoCE = 82.13% (EBIT 3.98b / Capital Employed (Equity 1.34b + L.T.Debt 3.51b))
RoIC = 71.51% (NOPAT 3.50b / Invested Capital 4.90b)
WACC = 18.32% (E(130.58b)/V(134.12b) * Re(18.78%) + D(3.54b)/V(134.12b) * Rd(1.45%) * (1-Tc(0.12)))
Discount Rate = 18.78% (= CAPM, Blume Beta Adj.) -> capped to 17.38%
Shares Correlation 3-Years: -100.0 | Cagr: -1.10%
[DCF] Terminal Value 54.70% ; FCFF base≈3.20b ; Y1≈3.95b ; Y5≈6.74b
[DCF] Fair Price = 112.9 (EV 35.73b - Net Debt 1.06b = Equity 34.67b / Shares 307.1m; r=18.32% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 64.85 | EPS CAGR: 15.85% | SUE: -4.0 | # QB: 0
Revenue Correlation: 87.84 | Revenue CAGR: 29.69% | SUE: -1.46 | # QB: 0
EPS next Quarter (2026-06-30): EPS=3.67 | Chg7d=+0.000 | Chg30d=+0.001 | Revisions Net=+13 | Analysts=16
EPS current Year (2026-12-31): EPS=15.74 | Chg7d=+0.000 | Chg30d=+0.041 | Revisions Net=+18 | Growth EPS=+61.4% | Growth Revenue=+46.4%
EPS next Year (2027-12-31): EPS=20.44 | Chg7d=+0.000 | Chg30d=+0.083 | Revisions Net=+10 | Growth EPS=+29.9% | Growth Revenue=+28.9%
[Analyst] Revisions Ratio: +1.00 (13 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 14.8% (Discount Rate 17.4% - Earnings Yield 2.6%)
[Growth] Growth Spread = +35.1% (Analyst 49.8% - Implied 14.8%)
External Resources
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