AppLovin: Remains A 'Strong Buy' After Post-Earnings Surge (SA Quant) [Seeking Alpha]
Applovin Corporation - Class A (APP)
Company Research
Source: Seeking Alpha
According to consensus estimates, the Company's EPS is projected to grow +192% in Q224 and +175 in FY24. AppLovin's profitability crushes the sector, highlighted by EBITDA margin TTM of 34% and Levered FCF margin of 30%. Based on soaring momentum, solid growth in profits and cash flow, and high consensus earnings targets, SA's Quant Team reiterates its Strong Buy rating on APP. AppLovin Corporation ( NASDAQ: APP ) surged after reporting its fourth straight earnings beat on May 8, driven by improvement in the app advertising market. APP is up more than 300% in the past year and over 85% since the SA Quant Recommended For You Recommended For You
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APP
News
- AppLovin: A Compelling Investment Opportunity For Growth Investors [Seeking Alpha]Seeking Alpha
- 1 Top AI Stock (Not Nvidia) That's Up Over 250% in a Year -- Why It Might Still Be A Buy [Yahoo! Finance]Yahoo! Finance
- Missed Out on AppLovin? Buy PubMatic Instead. [Yahoo! Finance]Yahoo! Finance
- 5 Top-Ranked Technology Services Stocks With More Room to Run [Yahoo! Finance]Yahoo! Finance
- Is AppLovin Stock Going to $100? 1 Wall Street Analyst Thinks So [Yahoo! Finance]Yahoo! Finance
APP
Earnings
- 5/8/24 - Beat
APP
Sec Filings
- 5/22/24 - Form 144
- 5/22/24 - Form 4
- 5/22/24 - Form 4
- APP's page on the SEC website