AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally.
Applovin stock last closed at $238.22, up 3.66% from the previous day, and has increased 235.99% in one year. It has overperformed other stocks in the Software - Application industry by 2.48 percentage points. Applovin stock is currently +292.65% from its 52-week low of $60.67, and -54.64% from its 52-week high of $525.15.
As of Apr 17, 2025, there are 339.96M shares of APP outstanding. The market value of APP is $80.98B. In the past 24 hours, 5.27M APP shares were traded.
How to Buy Applovin Stock
Not sure how to invest in Applovin stock? Here's how.
Decide where to buy Applovin stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Applovin stock.
Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
Deposit funds into your investment account: Pick your payment method and add your information.
Research Applovin stock: The Applovin ticker symbol is APP. Is Applovin stock a good investment? Should you buy shares of APP? How do APP's underlying business fundamentals look? Do top analysts think Applovin is a good buy? Why has APP's stock price moved recently? (Hint: Our stock research tools can help you evaluate if APP is a good stock to buy).
Place your APP trade: Decide if you will purchase APP shares at the current market price or use a limit order to purchase APP shares at a particular price.
Get the latest scoop on your APP investment: Create a watchlist to monitor your new investment in Applovin shares.
Step 1: Decide where to buy Applovin stock
You need a brokerage account in order to access the NASDAQ market and buy APP shares.
A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal info so you can invest in APP today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research Applovin stock
Once you have identified the best place to buy Applovin stock, it's crucial to analyze their stock prior to buying, so you can wrap your head around the risk and opportunity.
Overview of key APP info
APP Price
$238.22
1w %
-9.71%
1y %
235.99%
5y %
N/A
P/E
50.9x
P/B
74.31x
P/S
17.04x
PEG
1.44x
Revenue
$4.71B
Earnings
$1.58B
Fore. Rev. Growth
18.91%
Fore. Earn. Growth
35.26%
Market Cap
$80.98B
Next Earnings
May 6, 2025
Next Dividend
N/A
Fundamentals of Applovin
WallStreetZen was created to help everyday investors perform better fundamental analysis.
You can see all of the due diligence checks on APP's stock page.
Is APP stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge APP's fair value.
Using relative valuations methods:
APP may be undervalued based on its P/E ratio of 50.9x, relative to Software - Application industry P/E ratio of 111.58x
APP could be overvalued based on its P/B ratio of 74.31x, relative to Software - Application industry P/B ratio of 6.37x
APP could be overvalued based on its PEG ratio of 1.44x
There are more short-term assets than short-term liabilities on the APP balance sheet.
APP profit margin has gone up from 10.8% to 33.5% in the past year.
APP earnings of $1.89B is not enough to cover its interest payments.
Total APP debt is lower than 5 years ago, relative to shareholder equity.
APP's operating cash flow of $2.10B allows it to safely service it's debt of $3.56B.
Cons:
APP has a relatively high debt to equity ratio of 4.39.
There are more long-term liabilities than short-term assets on the APP balance sheet.
Do Wall Street analysts think it's a good time to buy APP stock
Out of 18 Equities analysts who give forecasts on APP, the consensus analyst rating on APP is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
Latest APP Analyst Forecasts
Rob Sanderson, a top 20% analyst from Loop Capital maintains APP with a strong buy rating and raises their APP price target from $450.00 to $650.00, on Feb 20, 2025.
Loop Capital's Rob Sanderson raised their price target on Applovin (NASDAQ: APP) by 44.4% from $450 to $650 on 2025/02/20. The analyst maintained their Strong Buy rating on the stock.
AppLovin reported its Q4 and FY 2024 earnings on 2025/02/12.
Looking ahead, Sanderson told readers that Loop Capital "is hard-pressed to punch serious holes in its bull thesis for AppLovin even though "the stock price's appreciation, rampant enthusiasm, and its race for highest sell-side targets are naturally met with skepticism."
The analyst explained that their firm's upbeat stance is supported by "continuing positive feedback from advertisers."
Overall, Sanderson continued, Loop Captial "sees breakout momentum continuing for the business."
Earnings Report
Applovin reported:
For Q4 2024:
EPS of $1.73, which beat the Zacks Consensus Estimate of $1.34 and, by 253%, Q4 2023’s $0.49
Revenue of $1.37B, which beat the Zacks Consensus Estimate by 8.62% and, by 44%, Q4 2023’s $953.26B.
EBITDA of $848M, up 78% Y/Y.
For FY 2024:
EPS of $4.53, up 362.2% Y/Y.
Revenue of $4.71B, up 43% Y/Y.
EBITDA of $2.72B, up 81% Y/Y.
For Q1 2025, management guided:
Revenue of $1.36B to $1.39B.
EBITDA of $855M to $885M.
Management did not provide commentary in its press release.
Jason Bazinet, a top 5% analyst from Citigroup maintains APP with a strong buy rating and raises their APP price target from $460.00 to $600.00, on Feb 19, 2025.
Martin Yang, a top 7% analyst from Oppenheimer reiterates APP with a buy rating and raises their APP price target from $480.00 to $560.00, on Feb 13, 2025.
Mike Hickey, a top 3% analyst from Benchmark maintains APP with a strong buy rating and raises their APP price target from $375.00 to $525.00, on Feb 13, 2025.
Cory Carpenter, a bottom 6% analyst from JP Morgan maintains APP with a hold rating and raises their APP price target from $325.00 to $475.00, on Feb 13, 2025.
Last year, APP earnings were $1.58B. In the last five year, APP's earnings have gone up by 67.03% per year. This was slower than the Software - Application industry average of 74.43%.
Last year, APP revenue was $4.71B. In the past 5 year, APP's revenue has gone up by 36.49% per year. This was faster than the Software - Application industry average of 21.47%.
No, Applovin doesn't provide an income stream by paying out dividends.
APP Social Trading Data
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Step 5: Place your APP trade
There are two primary order types:
Market order: A market order is an order to buy or sell a stock at the best price on the market. Market orders are mostly fine.
Limit order: A limit order allows you to buy or sell a stock at a specific price (or better). If you want to be certain you're buying or selling at a specific price limit, use a limit order.
Press the Open Trade button and your broker will place the order.
If you require more help with investing in stocks on eToro, watch the how to video below:
As of Apr 17, 2025, it costs $238.22 to buy one share of Applovin stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.42 shares of APP.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.