APP stock icon

Applovin
APP

$75.65
0.71%
 

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

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 19 analysts
0
News positive %
of 22 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

220% more first-time investments, than exits

New positions opened: 189 | Existing positions closed: 59

103% more capital invested

Capital invested by funds: $5.63B [Q4 2023] → $11.4B (+$5.81B) [Q1 2024]

82% more call options, than puts

Call options by funds: $435M | Put options by funds: $238M

56% more funds holding in top 10

Funds holding in top 10: 16 [Q4 2023] → 25 (+9) [Q1 2024]

43% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 114

36% more funds holding

Funds holding: 365 [Q4 2023] → 495 (+130) [Q1 2024]

7.76% more ownership

Funds ownership: 53.34% [Q4 2023] → 61.11% (+7.76%) [Q1 2024]

Research analyst outlook

19 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$53
30%
downside
Avg. target
$86
13%
upside
High target
$105
39%
upside

19 analyst ratings

16 positive
84%
neutral
16%
negative
0%
Oppenheimer
Martin Yang
28%upside
$97
Outperform
Maintained
13 Jun 2024
Citigroup
Jason Bazinet
30%upside
$98
Buy
Maintained
10 May 2024
Jefferies
James Heaney
39%upside
$105
Buy
Maintained
9 May 2024
Oppenheimer
Martin Yang
28%upside
$97
Outperform
Maintained
9 May 2024
BTIG
Clark Lampen
32%upside
$100
Buy
Maintained
9 May 2024

Financial journalist opinion

Based on 22 articles about APP published over the past 30 days