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APP

Uncover Key Insights on AppLovin Stock

AppLovin logged a -17.3% change during today's morning session, and is now trading at a price of $312.0 per share. The S&P 500 index moved 1.0%. APP's trading volume is 12,676,227 compared to the stock's average volume of 5,628,106.

AppLovin trades -38.18% away from its average analyst target price of $504.69 per share. The 22 analysts following the stock have set target prices ranging from $105.0 to $650.0, and on average have given AppLovin a rating of buy.

Anyone interested in buying APP should be aware of the facts below:

  • AppLovin's current price is 3469.8% above its Graham number of $8.74, which implies that at its current valuation it does not offer a margin of safety

  • AppLovin has moved 550.0% over the last year, and the S&P 500 logged a change of 17.5%

  • Based on its trailing earnings per share of 4.52, AppLovin has a trailing 12 month Price to Earnings (P/E) ratio of 69.0 while the S&P 500 average is None

  • APP has a forward P/E ratio of 60.5 based on its forward 12 month price to earnings (EPS) of $5.16 per share

  • Its Price to Book (P/B) ratio is 97.35 compared to its sector average of None

  • AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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