AppLovin Corporation with ticker code (APP) have now 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $88.00 and $38.00 with the average share target price sitting at $66.59. (at the time of writing). Given that the stocks previous close was at $63.19 this would indicate that there is a potential upside of 5.4%. There is a 50 day moving average of $50.43 and the 200 moving average now moves to $39.15. The total market capitalization for the company now stands at 20.93B. The current share price for the company is: $63.13 USD
The potential market cap would be $22,055,687,502 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 64.42, revenue per share of $9.33 and a 7.24% 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.
