Applovin Corporation (APP)

[BottomBounce]

AppLovin Corporation $APP Total Debt (mrq) $3.51B Book Value $2.80

[Whalatane]

Note to myself ...added at $320 ...weither I face plant on this or not ...yet to be determined
Kiwi

[Whalatane]

Huge insider sell by CFO and Ceo ...some options related .
Hopefully they are done with that and the PPS will recover as per Oppy's " but the dip " view .
I guess we will know in the fullness of time
Kiwi

[Whalatane]

Oppy says buy this pullback ...target is still $480

[Whalatane]

Still believe in the Co ...altho obviously over hyped recently . Very strong growth rate but with what was a very high PE
CEO presenting tomorrow
Will probably add at $310 if it gets to that level .
Posting this for the record ....to see if I face plant on this
Kiwi

[Monksdream]

APP, new 52 week high

[Whalatane]

These guys may be better then Meta as a e commerce / marketing app ...At least thats what I'm picking up from people in the media buying / marketing App biz
If so ...they are just getting started ...huge market
Kiwi

[Whalatane]

And there it is ...trading at $400 a share
Kiwi

[Whalatane]

New $400 PT ...E commerce part of Co just starting ...Piper Sandler
Biggest mistake I've made recently was selling some of this when it hit $110
Second biggest mistake ...assigning my remaining shares to my teenage son. ...at $110. :---)
Kiwi

[Monksdream]

APP, new 52/high

[Whalatane]

Negative analysis from SA and very over bought based on RSI readings ...despite this Citi comes out with a roughly $330 PT
Raised my stops
Kiwi

[Monksdream]

APP, new 52 high

[Whalatane]

Trades at $300 pre open ..sells down 10% ...CNBC fund manager expects PPS eventually at $400 ...calls their tech a must have for App developers ...expects it to be a volatile ride
Kiwi

[Whalatane]

Macquarie Maintains Outperform on AppLovin, Raises Price Target to $270

Kiwi

[Whalatane]

Huge earnings and a share buyback ...now up 31% AH.... wow

Kiwi

[Whalatane]

$206 AH ...wow
Kiwi

[Monksdream]

APP 10Q 11/6

[Monksdream]

APP anew 52 week high

[Monksdream]

APP anew 52 week high

[Whalatane]

Wells Fargo Initiates Coverage On AppLovin with Overweight Rating, Announces Price Target of $200
BENZINGA - 6:05 PM ET 10/28/2024

Kiwi

[Monksdream]

APP anew 52 week high

[Whalatane]

B of A upgrade with a price target of $210 !!! plus

Elsewhere on Wall Street, Jefferies analyst James Heaney maintained his buy rating on AppLovin stock and upped his price target to 175 from 108.

Heaney cited positive findings from his firm's quarterly mobile gaming ad tech survey. Respondents predicted accelerating growth of mobile game advertising spending in 2025, he said.

"The continually positive data points from our survey suggest that AppLovin should be able to sustain 20%-30% software platform revenue growth for at least the next two years," Heaney said in a client note.

Kiwi

[Whalatane]

Any explanation for the recent run .....expectations on earnings due Nov 6th ?

Kiwi

[Monksdream]

APP new 52 week high

[Monksdream]

APP new 52 week high

[Monksdream]

APP new 52 week high

[Whalatane]

AppLovin (NASDAQ:APP) was in focus on Thursday after Citi upped its estimates on the mobile software company, citing an increased confidence in hitting revenue growth of 20% or more.
Shares rose 2% in early trading.

"We see multiple paths for AppLovin to achieve its targeted software revenue growth of 20% to 30% including incremental share gains of mobile gaming ad spend, higher take rates, and a likely expansion into ecommerce ad budgets," analyst.

Jason Bazinet wrote in an investor note. Bazinet cited comments AppLovin made on its most recent earnings call as it pointed to overall industry growth, increased efficacy of its machine learning model and internal developer-driven enhancements.

There's also the prospects for AppLovin to increase its total addressable market, as it moves into e-commerce advertising.

"If APP maintains its current share of mobile ad spend, we estimate APP would need to capture ~1% of the ecommerce opportunity annually to hit the midpoint of the firm’s software revenue growth target," Bazinet added.
Bazinet maintained his Buy rating on AppLovin and upped his price target to $155 from $110.

Kiwi

[Monksdream]

APP new 52=week high

[Monksdream]

APP new 52 hi

[Monksdream]

APP new 52 week high

[Monksdream]

APP new 52 week high