NEW YORK, April 22, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in AppLovin Corporation ("AppLovin" or the "Company") (NASDAQ: APP) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of AppLovin investors who were adversely affected by alleged securities fraud between May 10, 2023 and February 25, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/applovin-corporation-lawsuit ...

Core Viewpoint - AppLovin Corp. is experiencing a significant shift in investor sentiment following a 700% stock surge, with major investment banks downgrading their price targets due to critical reports from short-selling firms [1][2] Group 1: Stock Performance and Analyst Downgrades - AppLovin's stock price target was reduced by Goldman Sachs from $500.00 to $335.00, and UBS Group lowered its target from $630.00 to $450.00 [2] - The downgrades are a response to multiple negative reports from short sellers, indicating a loss of confidence in the company's future performance [2][3] Group 2: Legal Challenges - AppLovin is facing a securities class action lawsuit alleging misleading statements regarding its AXON 2.0 digital ad platform and AI technologies [4] - The lawsuit claims that AppLovin misrepresented its technology's capabilities and engaged in manipulative practices, including exploiting advertising data from Meta Platforms [4][5] Group 3: Short Seller Allegations - Muddy Waters Research accused AppLovin of violating app store rules by extracting proprietary IDs without user consent and claimed a high churn rate among e-commerce advertisers [3] - Previous reports from Fuzzy Panda Research and Culper Research also criticized AppLovin for alleged data theft and revenue fraud [4] - Following the release of these reports, AppLovin's share price reportedly fell by over 12% [5]

Core Insights - The Russell 1000 index includes 95% of U.S. equities by market value, with AppLovin and Palantir Technologies being the top performers, returning 283% and 267% respectively over the 12-month period ending March 31, 2025 [1] AppLovin - AppLovin develops adtech software for marketing and monetizing applications, primarily focused on video games, and is expanding into e-commerce advertising [2] - The company utilizes Axon, a recommendation engine that enhances campaign targeting through machine learning algorithms, benefiting from a network effect that improves predictive capabilities over time [3] - In Q4, AppLovin reported a 44% revenue increase to $1.4 billion and a 253% increase in GAAP earnings to $0.49 per diluted share, with its e-commerce advertising product achieving a billion-dollar run rate shortly after launch [4] - CEO Adam Foroughi noted the potential for growth as over 10 million businesses worldwide could profitably use AppLovin's platform, indicating an expanding addressable market [5] - Wall Street anticipates a 45% earnings growth for AppLovin in 2025, with a current valuation of 53 times earnings, resulting in a PEG ratio of 1.2, making shares attractive despite short-seller attacks [6] - Loop Capital Markets set a target price of $650 per share for AppLovin, suggesting a 173% upside from its current price of $238 [10] Palantir Technologies - Palantir develops software platforms for data integration and analysis for commercial organizations and government agencies, with a unique ontology-based software architecture [7] - The software allows users to query data with analytical applications and machine learning models, enhancing decision-making and creating real value through AI applications [8] - The introduction of the Artificial Intelligence Platform (AIP) in 2023 positions Palantir to capitalize on AI demand, enhancing its core analytics platforms [9] - In Q4, Palantir reported a 36% revenue increase to $828 million and a 75% increase in non-GAAP net income to $0.14 per diluted share, marking the sixth consecutive quarter of revenue acceleration [11] - Wall Street expects a 36% increase in Palantir's adjusted earnings in 2025, but the current valuation of 229 times adjusted earnings appears expensive, resulting in a PEG ratio of 6.4 [12] - Analyst Dan Ives believes Palantir could achieve a trillion-dollar market value within two to three years, indicating a potential 355% upside from its current market value of $220 billion [13] - Wedbush Securities set a target price of $120 per share for Palantir, implying a 28% upside from its current price of $94 [10]

Core Viewpoint - Securities class action lawsuits have been filed against AppLovin Corporation for allegedly making materially false and misleading statements regarding its business practices and financial performance during the specified Class Period from May 10, 2023, to February 25, 2025 [1][2]. Group 1: Allegations Against AppLovin - Defendants are accused of misrepresenting the company's reliance on fraudulent advertising practices, including "clickjacking" and "click spoofing" [2]. - The complaints allege that AppLovin's advertising and e-commerce program involved intercepting and appropriating advertising attribution credit [2]. - It is claimed that AppLovin employed a backdoor installation scheme to force unwanted apps on customers, leading to inflated revenue figures [2]. - As a result of these practices, statements made by the Defendants about the company's business, operations, and prospects were deemed materially false and misleading [2]. Group 2: Lead Plaintiff Process - Investors in AppLovin have until May 5, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or small group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm encourages AppLovin investors who have suffered significant losses to contact them for more information [4].

Core Insights - AppLovin Corporation has experienced significant fluctuations in its stock price, peaking above $500 after strong financial results for fiscal year 2024, but has since dropped to around $245 despite reporting substantial growth in net income and advertising revenue [1][2][6] Financial Performance - In fiscal year 2024, AppLovin reported a 43% increase in total revenue to $4.71 billion, driven by a 75% revenue increase in its advertising segment, which reached $3.22 billion [2][4] - The Apps segment saw a modest 3% revenue growth to $1.49 billion, indicating a strategic focus on higher-margin advertising [3] - Management provided strong guidance for Q1 2025, projecting total revenue between $1.355 billion and $1.385 billion, with adjusted EBITDA between $855 million and $885 million, maintaining a high margin of 63% to 64% [4] Market Sentiment and Valuation - Despite strong fundamentals, AppLovin's stock is under pressure due to valuation concerns, with a trailing P/E ratio near 54 and a P/S ratio exceeding 17, indicating high expectations already priced in [6][7] - The stock's high beta of 2.39 suggests increased sensitivity to market fluctuations [7] Short-Seller Scrutiny and Legal Challenges - AppLovin has faced scrutiny from short sellers, leading to the retention of a law firm for an independent investigation into short report activity, signaling a defensive stance [8] - There are ongoing class-action lawsuits alleging potential securities fraud, adding uncertainty to the company's outlook [9] Analyst Sentiment - Analyst sentiment remains cautiously optimistic, with a moderate buy consensus rating and an average price target of approximately $424, suggesting potential upside from current levels [10][14] - However, several influential firms have recently lowered their price targets, indicating increased caution [11] Insider Activity - Significant insider selling has occurred over the past twelve months, totaling approximately $1.93 billion, which may raise concerns among investors [11] Corporate Governance - AppLovin appointed Maynard Webb to its Board of Directors to enhance corporate governance amid market scrutiny [12] - Ted Oberwager will not stand for re-election, reflecting typical private equity sponsor behavior post-IPO [13] Future Outlook - AppLovin is at a crossroads, balancing impressive revenue growth and profitability against significant market headwinds, including valuation pressures and legal challenges [15] - The upcoming Q1 2025 financial results, expected around May 7, 2025, will be critical for assessing the company's ability to maintain growth and address current concerns [16]

Core Viewpoint - A class action securities lawsuit has been filed against AppLovin Corporation, alleging securities fraud that affected investors between May 10, 2023, and February 25, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that AppLovin's management provided misleading information regarding the company's financial growth and stability, particularly related to the launch of its AXON 2.0 digital ad platform and the use of AI technologies [2]. - Allegations include that AppLovin engaged in dishonest advertising practices, such as reverse engineering advertising data from Meta Platforms and manipulating ad metrics to inflate performance figures [2]. - Following the revelation of these practices, AppLovin's stock price dropped from $377.06 on February 25, 2025, to $331.00 on February 26, 2025, indicating a significant loss for investors [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees, as class members may be entitled to compensation without financial obligation [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years, indicating its expertise in handling complex cases [4].

AppLovin (NASDAQ: APP ) is undergoing a vital shift from mobile gaming to becoming a pure-play ad-tech powerhouse through its AI-powered AXON platform. With the majority of Q4-24 revenue now stemming from advertising and a divestiture of its Apps segment, theHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc ...

NEW YORK, April 17, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of AppLovin Corporation (NASDAQ: APP).Shareholders who purchased shares of APP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/applovin-corporation-loss-submission-form/?id=143335&from=4CLASS PERIOD: May 10, 2023 ...

Group 1 - The core viewpoint is that AppLovin Corp has significant disruptive potential, particularly highlighted by the recent AI proliferation boom that began influencing market sentiment around 2024 [1] Group 2 - The analyst has a strong educational background in finance and economics, focusing on individual stock analysis and market trends, especially in the tech sector [2] - The investment philosophy emphasizes simplicity, suggesting that fundamental financial ratios and metrics often provide clearer insights than complex analyses [2] - The analyst writes for Seeking Alpha to engage with a global community of investors, leveraging the platform's reach for idea sharing and exposure [2]

RADNOR, Pa., April 15, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that securities class action lawsuits have been filed in the United States District Court for the Northern District of California against AppLovin Corporation (“AppLovin”) (NASDAQ: APP) on behalf of those who purchased or otherwise acquired AppLovin securities between May 10, 2023, and February 25, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is May 5, 2025 ...