Unity: Turnaround Will Take Time [Seeking Alpha]
Applovin Corporation - Class A (APP)
Company Research
Source: Seeking Alpha
The company has made strategic missteps and executed poorly in recent years though. Unity's poor performance relative to AppLovin raises concerns about its Grow business and the value of the ironSource acquisition. There is a significant potential downside if the Grow business continues to struggle, particularly if expected margin gains are not realized. The share price could increase significantly if Unity can improve its monetization solutions and reignite growth in its Grow business. I have long supported Unity ( NYSE: U ) due to the growing importance of game engines and the technical difficulty of creating a cutting edge game engine. Unity's engine is currently monetized primarily through advertising though, and this is an area in which Unity has been left trailing its competitors. While Unity is investing to change this, it is not currently clear how successful the company will be. I previously suggested that Unity was attractively priced given its potential, but that
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News
- Should You Buy AppLovin (APP) Stock Ahead of Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- Wall Street's Insights Into Key Metrics Ahead of AppLovin (APP) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- Exploring the Future of Mobile Gaming: Trends, Analysis, and Market Forecasts to 2030 - 5G and Cloud Powering the Shift, Attracting Major Publishers and Regulators' Scrutiny [Yahoo! Finance]Yahoo! Finance
- The Zacks Analyst Blog Highlights Arm Holdings, AppLovin, Maximus and Envestnet [Yahoo! Finance]Yahoo! Finance
- AppLovin Co. (NASDAQ: APP) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating and a $93.00 price target on the stock.MarketBeat
APP
Earnings
- 2/14/24 - Beat
APP
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- APP's page on the SEC website