# AppLovin Corporation  Share Price Target ‘$93.52’, now 7.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/applovin-corporation-share-price-target-93.52-now-7.5-upside-potential/4121163813
- Published: 2024-07-05T15:37:49+01:00
- Author: Charlotte Edwards

**AppLovin Corporation** with ticker code (APP) have now 17 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The target price High/Low 
ranges between $115.00 and $48.00 and has a mean share price target at $93.52. (
at the time of writing). Now with the previous closing price of $86.96 this indicates
there is a potential upside of 7.5%. The 50 day MA is $79.63 and the 200 day moving
average is $56.19. The total market capitalization for the company now stands at
29.89B. The stock price for the company is currently $90.86 USD

 The potential market cap would be $32,149,342,903 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 54.73, 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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