Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty ImagesSOPA Images/LightRocket via Getty ImagesAppLovin Corporation (NASDAQ: APP) has seen a decline of nearly 20% in its market value within just ten days, erasing over $40 billion in market capitalization — one of the most significant short-term declines among major U.S. software companies this year. This selloff has prompted investors to question whether this is merely a sharp correction of an overheated stock or the beginning of a mor ...

Core Insights - The S&P 500 index experienced its strongest September in 15 years, gaining 3.5%, with technology stocks leading the surge, some achieving over 50% gains [1] Group 1: Warner Bros. Discovery - Warner Bros. Discovery shares surged 67.8% in September due to takeover speculation, particularly a reported "majority cash bid" from Paramount Skydance [2] - The stock reached a 52-week high of $20.24 on September 25, with management planning to split into two companies by mid-2026, separating its streaming and studios from its global TV networks business [3] Group 2: AppLovin - AppLovin joined the S&P 500 index on September 22, with its stock rising 50.1% in September following the announcement of its addition on September 5 and analysts raising price targets [4] - The company provides a platform for mobile app developers to monetize their apps primarily through advertising, but faces scrutiny from the SEC regarding its data collection practices [5] Group 3: Western Digital - Western Digital shares increased by 49.4% in September, reaching a 52-week high of $137.40 on October 2, driven by rising demand for AI and cloud computing, which require extensive data storage [6] - Analysts, including those from Morgan Stanley, raised Western Digital's price target from $99 to $171 per share, highlighting the stock's low valuation amid increasing cloud spending [7]

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The digital advertiser has been hit with an SEC investigation.Shares of AppLovin (APP -3.88%) sank over 16% this week, according to data from S&P Global Market Intelligence. The fast-growing digital advertising company saw selling pressure due to a report from Bloomberg about an investigation into its data collection practices from the Securities and Exchange Commission (SEC).As of this writing at 2:08 p.m. ET on Friday, Oct. 10, AppLovin stock is down 16% this week. Here's the skinny on why the stock is fa ...

Core Insights - AppLovin's (APP) transformation from game creation to algorithmic precision marks a significant reinvention in the tech sector [1] - The sale of AppLovin's Apps segment to Tripledot Studios for $400 million in cash and a 20% stake represents a decisive break from its previous identity [2] - The company now operates as a technology infrastructure firm focused on AI, utilizing its MAX mediation platform and AXON machine learning system to optimize ad placements [3] Business Model Shift - AppLovin has transitioned from relying on mobile gaming to leveraging data intelligence in the self-serve, AI-native ad market, enhancing its reach and durability [4] - The company is positioned to redefine the ad-buying process, moving away from human intuition to algorithmic precision [3][4] Competitive Landscape - Competitors like The Trade Desk (TTD) and Magnite (MGNI) are also strong players in the digital advertising space, with TTD focusing on programmatic advertising and connected TV, while Magnite emphasizes supply-side platform expansion [5] - AppLovin differentiates itself by integrating AI with mobile gaming ad monetization, achieving higher revenue growth rates compared to its peers [6] Financial Performance - AppLovin's stock has increased by 85% year to date, outperforming the industry average growth of 41% [7][8] - The company's forward price-to-earnings ratio stands at 47X, significantly above the industry average of 30X, indicating a high valuation [9] Earnings Outlook - The Zacks Consensus Estimate for AppLovin's earnings has been rising over the past month, reflecting positive market sentiment [10]

AppLovin (APP) closed at $600.32 in the latest trading session, marking a -4.67% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.28%. Elsewhere, the Dow lost 0.52%, while the tech-heavy Nasdaq lost 0.08%. The mobile app technology company's shares have seen an increase of 11.03% over the last month, surpassing the Business Services sector's loss of 0.31% and the S&P 500's gain of 4.03%.Analysts and investors alike will be keeping a close eye on the performance of AppL ...

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Applovin Corporation (NASDAQ:APP) is emerging as a major force in digital advertising, reshaping the mobile gaming ecosystem into a powerful channel for e-commerce engagement.Bank of America said AppLovin’s mobile gaming ecosystem appears capable of absorbing the surge in e-commerce ad demand expected through 2026, citing strong supply growth and improving conversion efficiency.The brokerage reiterated its Buy rating and $860 price forecast, implying a 36.6% upside from the current share price of $629.70.Al ...

Whales with a lot of money to spend have taken a noticeably bullish stance on AppLovin.Looking at options history for AppLovin (NASDAQ:APP) we detected 173 trades.If we consider the specifics of each trade, it is accurate to state that 42% of the investors opened trades with bullish expectations and 35% with bearish.From the overall spotted trades, 63 are puts, for a total amount of $3,607,081 and 110, calls, for a total amount of $24,282,606.What's The Price Target?After evaluating the trading volumes and ...

On Monday, Wedbush reiterated its “Outperform” rating and raised its price target on APP stock to $745 from $725 after hosting an advisor call. Analysts led by Alicia Reese said that the company’s “phenomenal growth will continue for the foreseeable future, with a staggering profit margin.” The analysts anticipate that AppLovin will capitalize on ongoing momentum in mobile gaming this year. Growing contributions from e-commerce are also expected to provide a boost.Shares of the advertising technology compan ...