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AppLovin Corporation (APP)

Communication Services | Advertising Agencies | Palo Alto, United States | NasdaqGS
317.76 USD +5.13 (1.641%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 318.40 +0.64 (0.201%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★★★Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:30 a.m. EDT

The long-term investment thesis remains exceptionally strong, driven by a 203% return on equity and 52% revenue growth, which justifies the top-tier long-term rating despite the recent price volatility. The short-term outlook is more ambiguous, with the stock trading near its 52-week low and below key moving averages, though options flow suggests a support floor around $300. There is no dividend income to offset the capital appreciation requirement. While the trailing run of down years is currently zero, the recent 27% price drop in two weeks creates a temporary headwind. The cumulative return over the past four years is massive, but the current price action reflects a market reassessment of valuation. Investors should expect a period of consolidation before the fundamental strength can fully drive the price back toward analyst targets.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.171469
AutoETS0.178563
AutoARIMA0.178564
AutoTheta0.190819

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 31%
H-stat 27.23
Ljung-Box p 0.000
Jarque-Bera p 0.256
Excess Kurtosis -0.63
Attribute Value
Sector Communication Services
Debt to Equity Ratio 111.13
Revenue per Share 20.236
Market Cap 106,338,557,952
Trailing P/E 24.04
Forward P/E 14.86
Beta 2.53
Profit Margins 64.58%
Website https://www.applovin.com

As of Aug. 22, 2026, 5:30 a.m. EDT: Implied volatility is elevated around 55%, indicating heightened uncertainty. Put option open interest clusters heavily at the 290-300 strike range, establishing a defensive floor, while call open interest builds walls at 330-350 strikes, capping upside. Unusual volume spikes in both directions near the money suggest speculators are positioning for a volatile range-bound recovery rather than a decisive breakout or breakdown.


Info Dump

Attribute Value
52 Week Change -0.35102654
Address1 1,100 Page Mill Road
All Time High 745.61
All Time Low 9.14
Ask 329.72
Ask Size 1
Audit Risk 1
Average Analyst Rating 1.6 - Buy
Average Daily Volume10 Day 4,698,510
Average Daily Volume3 Month 5,970,979
Average Volume 5,970,979
Average Volume10Days 4,698,510
Beta 2.529
Bid 321.5
Bid Size 41
Board Risk 9
Book Value 9.434
City Palo Alto
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 317.76
Current Ratio 4.3
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 335.4499
Day Low 316.0
Debt To Equity 111.13
Display Name AppLovin
Earnings Call Timestamp End 1,785,963,600
Earnings Call Timestamp Start 1,785,963,600
Earnings Growth 0.57
Earnings Quarterly Growth 0.545
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,793,822,400
Earnings Timestamp Start 1,793,822,400
Ebitda 5,414,905,856
Ebitda Margins 0.79291
Enterprise To Ebitda 19.723
Enterprise To Revenue 15.639
Enterprise Value 106,800,463,872
Eps Current Year 16.55512
Eps Forward 21.37679
Eps Trailing Twelve Months 13.22
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 411.6218
Fifty Day Average Change -93.861786
Fifty Day Average Change Percent -0.22802919
Fifty Two Week Change Percent -35.102654
Fifty Two Week High 745.61
Fifty Two Week High Change -427.84998
Fifty Two Week High Change Percent -0.5738254
Fifty Two Week Low 297.5
Fifty Two Week Low Change 20.26001
Fifty Two Week Low Change Percent 0.06810087
Fifty Two Week Range 297.5 - 745.61
Financial Currency USD
First Trade Date Milliseconds 1,618,493,400,000
Float Shares 253,431,202
Forward Eps 21.37679
Forward P E 14.864721
Free Cashflow 3,179,956,224
Full Exchange Name NasdaqGS
Full Time Employees 876
Fullday Change 5.13
Fullday Change Percent 1.64092
Fullday Price 318.4
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.88464
Gross Profits 6,041,307,136
Has Pre Post Market Data 1
Held Percent Insiders 0.14314
Held Percent Institutions 0.76091003
Implied Shares Outstanding 334,650,521
Industry Advertising Agencies
Industry Disp Advertising Agencies
Industry Key advertising-agencies
Ipo Expected Date 2,021-04-15
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. It operates through two segments, Advertising and Apps. The company offers Axon Ads Manager, a suite of marketing solutions that enables developers to automate, optimize, and manage marketing efforts; MAX, an in-app bidding technology that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform; and Wurl, a connected TV platform, which distributes streaming video for content companies, provides advertising and publishing solutions. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, and indie studio developers. The company was incorporated in 2011 and is headquartered in Palo Alto, California.
Long Name AppLovin Corporation
Market us_market
Market Cap 106,338,557,952
Market State CLOSED
Max Age 86,400
Message Board Id finmb_231651802
Most Recent Quarter 1,782,777,600
Net Income To Common 4,409,847,808
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 104,621,792,380
Number Of Analyst Opinions 31
Open 316.3
Operating Cashflow 4,527,588,864
Operating Margins 0.77678
Overall Risk 10
Payout Ratio 0.0
Peg Ratio 0.88
Phone 800 839 9646
Post Market Change 0.63998413
Post Market Change Percent 0.20140487
Post Market Price 318.4
Post Market Time 1,787,961,592
Previous Close 312.63
Price Eps Current Year 19.194061
Price Hint 2
Price To Book 33.682426
Price To Sales Trailing12 Months 15.571332
Profit Margins 0.64575994
Quick Ratio 4.166
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.60606
Region US
Regular Market Change 5.13
Regular Market Change Percent 1.64092
Regular Market Day High 335.4499
Regular Market Day Low 316.0
Regular Market Day Range 316.0 - 335.4499
Regular Market Open 316.3
Regular Market Previous Close 312.63
Regular Market Price 317.76
Regular Market Time 1,787,947,201
Regular Market Volume 6,614,095
Return On Assets 0.4646
Return On Equity 2.03686
Revenue Growth 0.528
Revenue Per Share 20.236
Sand P52 Week Change 0.20504117
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Share Holder Rights Risk 10
Shares Outstanding 304,443,000
Shares Percent Shares Out 0.034
Shares Short 11,372,027
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 12,561,495
Short Name Applovin Corporation
Short Percent Of Float 0.039100002
Short Ratio 1.59
Source Interval 15
State CA
Symbol APP
Target High Price 790.0
Target Low Price 325.0
Target Mean Price 525.5806
Target Median Price 560.0
Total Cash 3,053,306,112
Total Cash Per Share 9.124
Total Debt 3,515,072,000
Total Revenue 6,829,124,096
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 13.22
Trailing P E 24.036308
Trailing Peg Ratio 0.8823
Triggerable 1
Two Hundred Day Average 493.98917
Two Hundred Day Average Change -176.22916
Two Hundred Day Average Change Percent -0.356747
Type Disp Equity
Volume 6,614,095
Website https://www.applovin.com
Zip 94,304