APP Stock Analysis: Applovin | NASDAQ
Advertising Agencies | NASDAQ, USA | Market Cap: 101.653m USD | 12M Return: -24.7% | US03831W1080 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 2.58B
EPS Trend: 96.2%
Qual. Beats: 0
Rev. Trend: 97.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
AppLovin Corporation (NASDAQ: APP) is a U.S.-headquartered technology company that provides end-to-end, AI-powered advertising and monetization solutions for the digital advertising sector. Founded in 2011 and based in Palo Alto, California, it operates through two segments: Advertising and Apps, with its stock listed on NASDAQ since its 2021 IPO.
The companys product suite includes Axon Ads Manager for campaign automation, MAX (an in-app bidding platform that runs real-time auctions to optimize publisher ad inventory), Adjust for mobile measurement and analytics, and Wurl, a connected TV (CTV) platform for streaming video distribution and advertising. It serves a broad customer base ranging from individual developers and small studios to large enterprises, advertisers, and mobile app publishers across the U.S. and international markets.
- AXON AI platform drives advertising segment revenue growth
- Apps segment wind-down reorients toward higher-margin ad tech
- Aggressive share buybacks boost earnings per share
| Net Income: 4.41b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.54 > 0.02 and ΔFCF/TA 6.63 > 1.0 |
| NWC/Revenue: 60.60% < 20% (prev 41.05%; Δ 19.55% < -1%) |
| CFO/TA 0.55 > 3% & CFO 4.53b > Net Income 4.41b |
| Net Debt (493.5m) to EBITDA (5.42b): 0.09 < 3 |
| Current Ratio: 4.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (337.9m) vs 12m ago -1.26% < -2% |
| Gross Margin: 88.46% > 18% (prev 83.83%; Δ 4.64% > 0.5%) |
| Asset Turnover: 95.99% > 50% (prev 77.62%; Δ 18.37% > 0%) |
| Interest Coverage Ratio: 25.79 > 6 (EBIT TTM 5.29b / Interest Expense TTM 205.0m) |
| A: 0.50 (Total Current Assets 5.39b - Total Current Liabilities 1.25b) / Total Assets 8.27b |
| B: 0.32 (Retained Earnings 2.66b / Total Assets 8.27b) |
| C: 0.74 (EBIT TTM 5.29b / Avg Total Assets 7.11b) |
| D: 0.62 (Book Value of Equity 3.16b / Total Liabilities 5.11b) |
| Altman-Z'' = 9.98 = AAA |
| DSRI: 0.93 (Receivables 2.17b/1.58b, Revenue 6.83b/4.63b) |
| GMI: 0.95 (GM 83.83% / 88.46%) |
| AQI: 0.70 (AQ_t 0.33 / AQ_t-1 0.48) |
| SGI: 1.48 (Revenue 6.83b / 4.63b) |
| TATA: -0.01 (NI 4.41b - CFO 4.53b) / TA 8.27b) |
| Beneish M = -2.97 (Cap -4..+1) = A |
As of August 20, 2026, the stock is trading at USD 310.79 with a total of 4,387,283 shares traded. Over the past week, the price has changed by +2.31%, over one month by -26.80%, over three months by -34.83% and over the past year by -24.68%.
Current recommended Stop Loss: 282.70 (which is 9% or 1.2 ATR below the current price).
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
| Analysts Target Price | 559 | 79.9% |
P/E Trailing = 24.5165
P/E Forward = 19.9203
P/S = 14.8853
P/B = 33.7167
P/EG = 0.8811
Revenue TTM = 6.83b USD
EBIT TTM = 5.29b USD
EBITDA TTM = 5.42b USD
Long Term Debt = 3.52b USD (from longTermDebt, last quarter)
Short Term Debt = 13.9m USD (from shortTermDebt, last fiscal year)
Debt = 3.55b USD (from shortLongTermDebtTotal, last quarter) + Leases 31.8m
Net Debt = 493.5m USD (calculated: Debt 3.55b - CCE 3.05b)
Enterprise Value = 102b USD (102b + Debt 3.55b - CCE 3.05b)
Interest Coverage Ratio = 25.79 (Ebit TTM 5.29b / Interest Expense TTM 205.0m)
EV/FCF = 22.70x (Enterprise Value 102b / FCF TTM 4.50b)
FCF Yield = 4.40% (FCF TTM 4.50b / Enterprise Value 102b)
FCF Margin = 65.88% (FCF TTM 4.50b / Revenue TTM 6.83b)
Net Margin = 64.58% (Net Income TTM 4.41b / Revenue TTM 6.83b)
Gross Margin = 88.46% ((Revenue TTM 6.83b - Cost of Revenue TTM 787.8m) / Revenue TTM)
Gross Margin QoQ = 88.26% (prev 88.95%)
Tobins Q-Ratio = 12.35 (Enterprise Value 102b / Total Assets 8.27b)
Interest Expense / Debt = 5.78% (Interest Expense 205.0m / Debt 3.55b)
Taxrate = 15.38% (801.3m / 5.21b)
NOPAT = 4.48b (EBIT 5.29b * (1 - 15.38%))
Current Ratio = 4.30 (Total Current Assets 5.39b / Total Current Liabilities 1.25b)
Debt / Equity = 1.12 (Debt 3.55b / totalStockholderEquity, last quarter 3.16b)
Debt / EBITDA = 0.09 (Net Debt 493.5m / EBITDA 5.42b)
Debt / FCF = 0.11 (Net Debt 493.5m / FCF TTM 4.50b)
Total Stockholder Equity = 2.28b (last 4 quarters mean from totalStockholderEquity)
RoA = 61.99% (Net Income 4.41b / Total Assets 8.27b)
RoE = 193.1% (Net Income TTM 4.41b / Total Stockholder Equity 2.28b)
RoCE = 91.20% (EBIT 5.29b / Capital Employed (Equity 2.28b + L.T.Debt 3.52b))
RoIC = 66.92% (NOPAT 4.48b / Invested Capital 6.69b)
WACC = 18.14% (E(102b)/V(105b) * Re(18.60%) + D(3.55b)/V(105b) * Rd(5.78%) * (1-Tc(0.15)))
Discount Rate = 18.60% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: -98.37 | Cagr: -1.38%
[DCF] Terminal Value 52.58% ; FCFF base≈3.84b ; Y1≈4.40b ; Y5≈6.48b
[DCF] Fair Price = 113.6 (EV 35.1b - Net Debt 493.5m = Equity 34.6b / Shares 304.4m; r=18.14% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.20 | EPS CAGR: 171.3% | SUE: 0.23 | # QB: 0
Revenue Correlation: 97.64 | Revenue CAGR: 32.57% | SUE: -0.04 | # QB: 0
EPS current Quarter (2026-09-30): EPS=4.04 | Chg30d=-1.18% | Revisions=+0% | Analysts=17
EPS current Year (2026-12-31): EPS=15.73 | Chg30d=-2.12% | Revisions=-17% | GrowthEPS=+61.4% | GrowthRev=+48.4%
EPS next Year (2027-12-31): EPS=20.54 | Chg30d=-2.60% | Revisions=-29% | GrowthEPS=+30.5% | GrowthRev=+28.7%
[Analyst] Revisions Ratio: -25% (up=3, down=6)