Investors·2025-10-29 12:00Core Insights - AppLovin has consistently appeared on the list of new buys by top mutual funds for six consecutive months, indicating strong investor interest [1][2] - The company is expected to report significant earnings growth, with forecasts predicting a 90% increase in earnings for the third quarter [4] Financial Performance - Over the last four quarters, AppLovin's sales growth has ranged from 39% to 77%, with a notable 77% increase in the second quarter, reaching over $1.25 billion [3] - Earnings growth has been impressive, ranging from 149% to 317% over the last five quarters, with second-quarter earnings rising 153% to $2.28 per share [3] - For the full year, Wall Street anticipates a profit jump of 104% to $9.26 per share [4] Market Demand - Leading money managers have shown strong demand for AppLovin, with an estimated $700 million worth of stock purchased recently, surpassing the $538 million invested in Palantir [5] - AppLovin's stock has a B+ Accumulation/Distribution Rating and a favorable 2.2 up/down volume ratio, indicating positive market sentiment [6] Stock Performance and Technical Analysis - AppLovin cleared a buy point of 428.99 in August and reached a record high at the end of September, demonstrating strong upward momentum [6] - The stock has shown resilience by finding support at its 50-day moving average, and it has bounced back above its 21-day exponential moving average [7] - Analysts suggest that if AppLovin's upcoming earnings report is well-received, it could complete a new base formation and initiate a breakout [8]