ApplovinAPP
About: AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their applications.
Employees: 1,745
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
130% more call options, than puts
Call options by funds: $1.5B | Put options by funds: $654M
122% more first-time investments, than exits
New positions opened: 162 | Existing positions closed: 73
58% more capital invested
Capital invested by funds: $15.3B [Q2] → $24.1B (+$8.82B) [Q3]
50% more funds holding in top 10
Funds holding in top 10: 24 [Q2] → 36 (+12) [Q3]
45% more repeat investments, than reductions
Existing positions increased: 288 | Existing positions reduced: 198
15% more funds holding
Funds holding: 597 [Q2] → 686 (+89) [Q3]
5.1% less ownership
Funds ownership: 67.06% [Q2] → 61.96% (-5.1%) [Q3]
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
Loop Capital Rob Sanderson 75% 1-year accuracy 38 / 51 met price target | 32%upside $450 | Buy Maintained | 16 Dec 2024 |
Oppenheimer Martin Yang 72% 1-year accuracy 23 / 32 met price target | 41%upside $480 | Outperform Reiterated | 10 Dec 2024 |
Macquarie Tim Nollen 71% 1-year accuracy 29 / 41 met price target | 32%upside $450 | Outperform Maintained | 6 Dec 2024 |
Stifel David Pang 71% 1-year accuracy 5 / 7 met price target | 28%upside $435 | Buy Maintained | 5 Dec 2024 |
Citigroup Jason Bazinet 68% 1-year accuracy 19 / 28 met price target | 35%upside $460 | Buy Maintained | 5 Dec 2024 |
Financial journalist opinion
Based on 54 articles about APP published over the past 30 days