# AppLovin Corporation  Share Price Target ‘$93.52’, now 15.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/applovin-corporation-share-price-target-93.52-now-15.2-upside-potential/4121162601
- Published: 2024-06-27T14:11:38+01:00
- Author: Charlotte Edwards

**AppLovin Corporation** which can be found using ticker (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 suggesting an average analyst share price target price of $93.52. (at
the time of writing). Given that the stocks previous close was at $81.21 this would
indicate that there is a potential upside of 15.2%. The day 50 moving average is
$78.13 and the 200 moving average now moves to $55.14. The total market capitalization
for the company now stands at 26.48B. The current share price for the company is:
$80.48 USD

 The potential market cap would be $30,492,804,270 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 48.48, 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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