ApplovinAPP
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 Q3 regulatory filings by fund managers ($100M+ AUM)
142% more first-time investments, than exits
New positions opened: 162 | Existing positions closed: 67
123% more call options, than puts
Call options by funds: $1.5B | Put options by funds: $674M
59% more capital invested
Capital invested by funds: $15.4B [Q2] → $24.5B (+$9.1B) [Q3]
50% more funds holding in top 10
Funds holding in top 10: 24 [Q2] → 36 (+12) [Q3]
45% more repeat investments, than reductions
Existing positions increased: 288 | Existing positions reduced: 198
15% more funds holding
Funds holding: 597 [Q2] → 686 (+89) [Q3]
4.56% less ownership
Funds ownership: 67.52% [Q2] → 62.96% (-4.56%) [Q3]
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
Benchmark Mike Hickey 72% 1-year accuracy 57 / 79 met price target | 18%upside $375 | Buy Initiated | 10 Jan 2025 |
JP Morgan Cory Carpenter 75% 1-year accuracy 15 / 20 met price target | 2%upside $325 | Neutral Maintained | 10 Jan 2025 |
Jefferies James Heaney 80% 1-year accuracy 8 / 10 met price target | 33%upside $425 | Buy Maintained | 8 Jan 2025 |
Loop Capital Rob Sanderson 76% 1-year accuracy 39 / 51 met price target | 41%upside $450 | Buy Maintained | 16 Dec 2024 |
Oppenheimer Martin Yang 75% 1-year accuracy 24 / 32 met price target | 51%upside $480 | Outperform Reiterated | 10 Dec 2024 |
Financial journalist opinion
Based on 43 articles about APP published over the past 30 days