SOPA Images/LightRocket via Getty Images Thesis I recommend a Strong Buy rating for AppLovin (NASDAQ:APP) stock as it presents a compelling opportunity due to its new, rapidly growing, high-margin software segment powered by AXON 2, combined with its attractive valuation relative to industry peers. Company Overview AppLovin is a technology company that provides software solutions for app developers to market, monetize, analyze, and publish their apps. The company was founded in 2012 and is headquartered ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-40325 AppLovin Corporation (Exact name of registrant as specified in its charter) Delaware 45-3264542 (State or other jurisdiction of inc ...

d3sign/Moment via Getty Images Investment action I recommended a hold rating for AppLovin (NASDAQ:APP) when I wrote about it the last time, as I wanted to wait for management to provide guidance for FY24 before taking a position. Based on my current outlook and analysis on APP, I recommend a buy rating. Based on the recent performance and the very positive FY24 outlook, I have become more confident in the stock performance outlook. The AXON 2.0 platform is working well, driving more than 80% growth in the s ...

Incorporating predictive analytics into cross-channel marketing provides the insights needed for fast, smart decisions. Post this "Successful mobile app marketing and campaign optimization doesn't require a crystal ball," said Simon "Bobby" Dussart, CEO of Adjust. "By incorporating predictive analytics into cross-device and cross-channel marketing efforts, mobile marketers and developers can unlock the data and insights needed to make fast, smart decisions on budget allocation and to scale confidently." ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:AppLovin (APP) : This company which, provides technology platform which enables developers to market, monetize, analyze and publish their apps, has seen the Zacks Consensus Estimate for its current year earnings increasing 46.8% over the last 60 day.Carlisle Companies (CSL) : This company which, engages in the design, manufacture and sale of a wide range of roofing and waterproofing products, engineered products and finishing equipment, ...

Investors might want to bet on AppLovin (APP) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.Analysts' growing optimism on the earnings prospects of this mobile app technology company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earni ...

Oscar Wong/Moment via Getty Images Last month, I started coverage of AppLovin (NASDAQ:APP) with a “Buy” rating, saying its upgraded AXON engine has already shown significant early progress after its launch and that 2024 looked poised to be a good year. The stock has already risen about 40% in just over a month since my write-up. With the company reporting Q4 results, let’s catch on the name. Company Profile As a quick refresher, APP is an adtech company whose solutions are designed to help mobile app de ...

It's no secret that the surest way for a publicly traded company to be showered with a bunch of analyst price target raises is to post impressive quarterly results. That goes a long way to explaining the huge price gains of AppLovin (APP 24.81%) stock over the past few trading days. According to data compiled by S&P Global Market Intelligence, as of late Thursday evening the company's share price had ballooned by more than 26% week to date.An estimates-trouncing final quarter of 2023That share price pop is ...

About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...

Key TakeawaysAppLovin shares jumped more than 20% in pre-market trading Thursday after the app development company topped analysts' quarterly earnings and sales estimates, issued upbeat first-quarter guidance and announced an expansion of its stock buyback program.The company attributed the better-than-expected quarterly results to a strong holiday season, growth in the mobile app advertising market, and bidding enhancements to its platform.Further upside in the AppLovin share price may meet chart resistanc ...