Workflow
Applovin(APP)
icon
Search documents
The Gross Law Firm Notifies AppLovin Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - APP
Prnewswire· 2025-05-05 09:45
Core Viewpoint - AppLovin Corporation is facing allegations of misleading investors regarding its financial growth and stability, particularly related to its AXON 2.0 digital ad platform and advertising practices [2][4]. Group 1: Allegations and Financial Impact - The class period for the allegations against AppLovin is from May 10, 2023, to March 26, 2025 [2]. - Defendants allegedly provided false information about AppLovin's financial performance and growth, claiming confidence in its new digital ad platform and the use of advanced AI technologies [2]. - Reports emerged on February 26, 2025, indicating that AppLovin was involved in reverse engineering and exploiting advertising data from Meta Platforms, leading to manipulative practices that inflated ad click-through and app download rates [2]. - Following the revelation of these practices, AppLovin's stock price dropped from $377.06 per share on February 25, 2025, to $331.00 per share on February 26, 2025 [2]. Group 2: Legal Proceedings and Shareholder Actions - Shareholders who purchased shares during the class period are encouraged to register for the class action lawsuit, with a deadline of May 5, 2025, to seek lead plaintiff status [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. - The Gross Law Firm, which is leading the class action, aims to protect investors' rights and ensure companies adhere to responsible business practices [4].
AppLovin Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights – APP
GlobeNewswire News Room· 2025-05-02 17:59
Core Viewpoint - A class action securities lawsuit has been filed against AppLovin Corporation, alleging securities fraud that affected investors between May 10, 2023, and March 26, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that AppLovin misled investors regarding its financial growth and stability, particularly through the promotion of its AXON 2.0 digital ad platform and the use of advanced AI technologies [2]. - Allegations include 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 on February 26, 2025, AppLovin's stock price dropped from $377.06 to $331.00 per share [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require any out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions 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 [4].
Wall Street's Insights Into Key Metrics Ahead of AppLovin (APP) Q1 Earnings
ZACKS· 2025-05-02 14:21
Wall Street analysts forecast that AppLovin (APP) will report quarterly earnings of $1.45 per share in its upcoming release, pointing to a year-over-year increase of 116.4%. It is anticipated that revenues will amount to $1.38 billion, exhibiting an increase of 30.2% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 1.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of ...
AppLovin Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - APP
Prnewswire· 2025-05-02 09:45
NEW YORK, May 2, 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 March 26, 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-submi ...
MONDAY DEADLINE: Berger Montague Advises AppLovin (NASDAQ: APP) Investors to Inquire About a Securities Fraud Class Action by May 5, 2025
GlobeNewswire News Room· 2025-05-01 15:33
PHILADELPHIA, May 01, 2025 (GLOBE NEWSWIRE) -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against AppLovin Corporation (“AppLovin” or the “Company”) (NASDAQ: APP) on behalf of purchasers of AppLovin securities between May 10, 2023 through March 26, 2025, inclusive (the “Class Period”). Investor Deadline: Investors who purchased or acquired AppLovin securities during the Class Period may, no later than MAY 5, 2025, seek to be appointed as a lead plaintiff repre ...
2 Reasons Why AppLovin Has a Lot to Prove on May 7
The Motley Fool· 2025-05-01 15:30
Whenever a stock story is told, the timeframe of that story can make a big difference. For example, AppLovin (APP 6.17%) stock is down more than 40% from highs in 2025, which paints a negative picture. But it's also up more than 600% in just the last three years, which is stellar. That said, what happens from here could have a lot to do with what happens on May 7.On May 7, AppLovin is scheduled to report financial results for the first quarter of 2025. Under ordinary circumstances, investors would do well t ...
Get Ready: AppLovin Poised To Crush Q1 Estimates
Seeking Alpha· 2025-05-01 14:37
With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.I initiated my investment coverage of AppLovin Corporation (NASDAQ: APP ) stock here on Seeking Alpha in late November 2024 with a "Hold" rating, advocating for trimming APP ahead of a market weakness, which could "could trigger aHe leads the investi ...
MONDAY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that AppLovin Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - APP
GlobeNewswire News Room· 2025-05-01 13:35
Core Viewpoint - The AppLovin Corporation is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims that the company misrepresented its advertising platform and engaged in manipulative practices to inflate its performance metrics [1][4][5]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Quiero v. AppLovin Corporation, Inc., is open to purchasers of AppLovin securities from May 10, 2023, to February 25, 2025, with a deadline for lead plaintiff applications set for May 5, 2025 [1][6]. - The lawsuit alleges that AppLovin's executives created a false impression of the effectiveness of their AXON 2.0 digital ad platform and AI technologies, claiming they would enhance ad matching and expand into new markets [4][5]. - On February 26, 2025, reports surfaced alleging that AppLovin was reverse engineering advertising data from Meta Platforms and using manipulative tactics to inflate ad performance metrics, leading to a more than 12% drop in share price [5]. Group 2: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who acquired AppLovin securities during the class period to seek appointment as lead plaintiff, representing the interests of the class [6]. - The lead plaintiff has the authority to select a law firm for litigation, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [6]. Group 3: Company Background - AppLovin is a software-based platform designed for advertisers to improve marketing and monetization of content [3]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the plaintiffs, is recognized as a leading firm in securities fraud cases, having recovered $6.6 billion for investors in related class action cases [7].
Why AppLovin Stock Is Sinking Today
The Motley Fool· 2025-04-30 18:08
Group 1 - AppLovin's stock is experiencing significant sell-offs, with a decline of 5.9% as of 1:15 p.m. ET, and had previously dropped as much as 14.8% during the session [1][2] - The broader market sell-off is attributed to unexpected U.S. GDP contraction of 0.3% year over year, which fell short of the expected growth of 0.3% [3][4] - Consumer spending growth has slowed to 1.8%, down from 4% in the same quarter last year, raising investor concerns [4] Group 2 - Edgewater Research has updated its sales targets for AppLovin, forecasting a substantial deceleration in growth throughout the year, despite a projected 55% year-over-year revenue increase to $1.08 billion for the first quarter [5][6] - The firm has set a sales target of $5.7 billion for 2025, anticipating only 18% annual revenue growth, citing signs of slowing growth in the mobile gaming market and increased competition from Meta Platforms and Alphabet [6] - AppLovin is currently valued at over 16 times the average analyst sales target for the year, with a previous annual sales growth of 43%, but may face further declines if Edgewater's growth forecast proves accurate [7]
APP Stock Sinks 22% Over 3 Months: Is This a Buy-the-Dip Moment?
ZACKS· 2025-04-29 18:45
Core Viewpoint - AppLovin Corporation (APP) has experienced a stock decline of 22% over the past three months, which is slightly worse than the industry's overall decline of 18% [1]. However, the company has shown signs of recovery with an 8% rebound in the last month [2]. Group 1: Company Performance - AppLovin is transitioning to a pure-play advertising platform, focusing on high-growth, high-margin segments, highlighted by the $900 million sale of its gaming unit to Tripledot Studios [4]. - The latest earnings report indicates strong financial health, with revenues increasing by 44% year over year and 14% sequentially in Q4 2024 [5]. Adjusted EBITDA rose by 78% year over year and 17.5% sequentially, while net income surged by 248% from the prior year [5]. - For the full year 2024, revenues climbed 43% year over year, and adjusted EBITDA surged 81% [6]. Group 2: Future Projections - Management has guided for $1.4 billion in sales for Q1 2025, slightly above the Zacks Consensus Estimate of $1.37 billion [8]. - Analysts project strong earnings growth, with the Zacks Consensus Estimate for Q1 2025 earnings at $1.45 per share, reflecting a 116.4% increase from the prior year [9]. Earnings for 2025 and 2026 are expected to grow by 47.5% and 38.5%, respectively [9]. Group 3: Analyst Sentiment - Over the past 60 days, analysts have revised downwards their earnings estimates for 2025 and 2026 by 2.8% and 1.8%, respectively [11]. - APP currently trades at a forward 12-month price-to-earnings (P/E) ratio of 37.9, significantly higher than the industry average of 24.33, indicating a premium for future earnings [12]. Group 4: Conclusion - AppLovin's recent rebound, strong earnings growth, and strategic shift toward a high-margin ad tech model highlight its long-term potential [14]. However, caution is warranted due to recent downward earnings revisions and a valuation premium compared to industry peers [14].