# AppLovin Corporation – Consensus ‘buy’ rating and 10.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/applovin-corporation-consensus-buy-rating-and-10.0-upside-potential/4121129670
- Published: 2023-10-13T13:39:19+01:00
- Author: Charlotte Edwards

**AppLovin Corporation** which can be found using ticker (APP) have now 17 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between 57 and 22 calculating the average target price
we see $44.29. Given that the stocks previous close was at $40.28 and the analysts
are correct then we can expect a percentage increase in value of 10.0%. The day 
50 moving average is $39.37 and the 200 day MA is $23.65. The company has a market
cap of 13.80B. The current share price for the company is: 39.69 USD

 The potential market cap would be $15,178,256,433 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 793.8, revenue per share of 7.84
and a 3.12% return on assets.

AppLovin Corporation provides application technology platform, AppLovin. The Company’s
software solution provides advanced tools for mobile application developers to develop
their businesses by automating and optimizing the marketing and monetization of 
their applications. The key elements of its solutions are delivered through the 
AppLovin Core Technologies and AppLovin Software Platform. AppLovin Core Technologies
consists of its AXON machine-learning recommendation engine, its App Graph, and 
its elastic cloud infrastructure. AppLovin Software Platform includes a suite of
tools for developers to get their mobile applications discovered and downloaded 
by the right users, optimize return on marketing spend, and maximize monetization
of engagement. AppLovin Software Platform is comprised of solutions, including AppDiscovery,
Adjust, MAX and Wurl. Its applications consist of a diversified portfolio of over
350 free-to-play mobile games and cover approximately five gaming genres.

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