Applovin
About: AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their applications.
Employees: 1,745
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
174% more first-time investments, than exits
New positions opened: 148 | Existing positions closed: 54
107% more call options, than puts
Call options by funds: $727M | Put options by funds: $351M
60% more repeat investments, than reductions
Existing positions increased: 254 | Existing positions reduced: 159
29% more capital invested
Capital invested by funds: $11.6B [Q1] → $15B (+$3.34B) [Q2]
19% more funds holding
Funds holding: 502 [Q1] → 596 (+94) [Q2]
3.5% more ownership
Funds ownership: 62.11% [Q1] → 65.61% (+3.5%) [Q2]
4% less funds holding in top 10
Funds holding in top 10: 25 [Q1] → 24 (-1) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Macquarie Tim Nollen 57% 1-year accuracy 12 / 21 met price target | 2%upside $150 | Outperform Reiterated | 25 Sept 2024 |
Citigroup Jason Bazinet 62% 1-year accuracy 13 / 21 met price target | 5%upside $155 | Buy Maintained | 19 Sept 2024 |
UBS John Hodulik 71% 1-year accuracy 5 / 7 met price target | 1%downside $145 | Buy Upgraded | 17 Sept 2024 |
BTIG Clark Lampen 75% 1-year accuracy 6 / 8 met price target | 2%upside $150 | Buy Maintained | 13 Sept 2024 |
B of A Securities Omar Dessouky 20% 1-year accuracy 2 / 10 met price target | 18%downside $120 | Buy Maintained | 11 Sept 2024 |
Financial journalist opinion
Based on 25 articles about APP published over the past 30 days