# AppLovin Corporation  Share Price Target ‘$93.52’, now 10.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/applovin-corporation-share-price-target-93.52-now-10.6-upside-potential/4121158348
- Published: 2024-05-22T15:46:49+01:00
- Author: Charlotte Edwards

**AppLovin Corporation** with ticker code (APP) have now 17 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The range between
the high target price and low target price is between $115.00 and $48.00 calculating
the mean target share price we have $93.52. (at the time of writing). Given that
the stocks previous close was at $84.57 this would imply there is now a potential
upside of 10.6%. There is a 50 day moving average of $73.52 while the 200 day moving
average is $50.19. The company has a market cap of 27.64B. The stock price for Affirm
Holdings, Inc. is $84.00 USD

 The potential market cap would be $30,562,006,870 based on the market consensus.

The company has a dividend yield of 1.57%. Other points of data to note are a P/
E ratio of 50.6, revenue per share of $10.58 and a 10.37% 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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