APP Stock Analysis: Applovin | NASDAQ
Advertising Agencies | NASDAQ, USA | Market Cap: 90.996m USD | 12M Return: -55.6% | US03831W1080 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 1.45B
EPS Trend: 96.2%
Qual. Beats: 0
Rev. Trend: 97.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.4 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 operates as an AI-powered advertising technology company with two main segments: Advertising and Apps. Its product suite includes Axon Ads Manager for automated marketing, MAX for in-app programmatic bidding, Adjust for measurement and analytics, and Wurl for connected TV (CTV) advertising and content distribution. The company serves a broad range of clients, from independent developers to large enterprises, and was founded in 2011, headquartered in Palo Alto, California.
The business operates within the digital ad tech and programmatic advertising sector, where AI-driven optimization has become central to monetizing mobile app inventory and streaming video. Connected TV represents a notable growth area, as advertisers increasingly shift budgets from traditional television to streaming platforms.
- Axon AI platform drives Advertising segment revenue beat
- Apps segment restructuring continues with potential divestitures
- Mobile ad market competition intensifies against Google and Meta
| 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 (5.55b): 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: 26.42 > 6 (EBIT TTM 5.42b / 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: 0.76 (EBIT TTM 5.42b / Avg Total Assets 7.11b) |
| D: 0.62 (Book Value of Equity 3.16b / Total Liabilities 5.11b) |
| Altman-Z'' = 10.10 = 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 October 19, 2026, the stock is trading at USD 266.13 with a total of 3,503,617 shares traded. Over the past week, the price has changed by -3.94%, over one month by -17.25%, over three months by -37.31% and over the past year by -55.59%.
Current recommended Stop Loss: 248.70 (which is 6.5% or 1.2 ATR below the current price).
Applovin has received a consensus analysts rating of 4.42. Therefore, it is recommended to buy APP.
- StrongBuy: 20
- Buy: 7
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 485.4 | 82.4% |
P/E Trailing = 20.8201
P/E Forward = 15.4321
P/S = 13.3247
P/B = 33.3538
P/EG = 0.6831
Revenue TTM = 6.83b USD
EBIT TTM = 5.42b USD
EBITDA TTM = 5.55b 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 = 91.5b USD (91.0b + Debt 3.55b - CCE 3.05b)
Interest Coverage Ratio = 26.42 (Ebit TTM 5.42b / Interest Expense TTM 205.0m)
EV/FCF = 20.33x (Enterprise Value 91.5b / FCF TTM 4.50b)
FCF Yield = 4.92% (FCF TTM 4.50b / Enterprise Value 91.5b)
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 = 11.06 (Enterprise Value 91.5b / Total Assets 8.27b)
Interest Expense / Debt = 5.78% (Interest Expense 205.0m / Debt 3.55b)
Taxrate = 15.38% (801.3m / 5.21b)
NOPAT = 4.58b (EBIT 5.42b * (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 5.55b)
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 = 93.40% (EBIT 5.42b / Capital Employed (Equity 2.28b + L.T.Debt 3.52b))
RoIC = 68.54% (NOPAT 4.58b / Invested Capital 6.69b)
WACC = 16.71% (E(91.0b)/V(94.5b) * Re(17.17%) + D(3.55b)/V(94.5b) * Rd(5.78%) * (1-Tc(0.15)))
Discount Rate = 17.17% (= CAPM, Blume Beta Adj.) -> capped to 12.54%
Shares (quarterly) Correlation: -98.37 | Cagr: -1.38%
[DCF] Terminal Value 55.60% ; FCFF base≈3.84b ; Y1≈4.40b ; Y5≈6.48b
[DCF] Fair Price = 125.3 (EV 38.8b - Net Debt 493.5m = Equity 38.3b / Shares 305.7m; r=16.71% [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=4.03 | Chg30d=+0.12% | Revisions=+0% | Analysts=19
EPS current Year (2026-12-31): EPS=15.65 | Chg30d=-0.15% | Revisions=-44% | GrowthEPS=+60.5% | GrowthRev=+47.6%
EPS next Year (2027-12-31): EPS=19.96 | Chg30d=-0.38% | Revisions=-50% | GrowthEPS=+27.5% | GrowthRev=+26.2%
[Analyst] Revisions Ratio: -45% (up=4, down=13)