Axon 2 Powers AppLovin's Explosive Growth in Mobile Advertising

Key Takeaways APPs Axon 2 has quadrupled ad spend and helped achieve a $10B run rate from gaming clients alone.Q1 2025 revenues rose 40%, EBITDA jumped 83%, and net income soared 144% year over year.APP trades at a 34.56 forward P/E, but earnings estimates are falling, and stock momentum has slowed.AppLovin Corporation (APP) has established itself as a dominant force in the mobile advertising landscape, largely due to the transformative capabilities of its advanced AI engine, Axon 2. Since its launch in the ...