Why Investors Were So Sweet on AppLovin Stock This Week [Yahoo! Finance]
Applovin Corporation - Class A (APP)
Company Research
Source: Yahoo! Finance
Much of this had to do with a recommendation upgrade from a newly minted AppLovin bull. The result was that the company's share price had improved by over 10% week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence An undervalued operator The analyst responsible for the upgrade is UBS ' John Hodulik, whose new recommendation is a buy with a price target of $145. This represents quite a change in sentiment for the prognosticator, who previously rated AppLovin a neutral with a $100-per-share fair value estimation. Hodulik waxed positive about the combination of encouraging revenue growth in the medium term, and the company's modest valuations. He also feels management is effectively getting plenty of bang for the buck, so to speak. In his latest analyst note on the company, he wrote that its "improved relative return on ad-spend (ROAS) vs competing channels is rarely seen in the digital ads space and could support 20-30% software rev
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News
- Best And Worst Performers Since August 5, 2024 [Seeking Alpha]Seeking Alpha
- AppLovin Co. (NASDAQ: APP) had its price target raised by analysts at Citigroup Inc. from $110.00 to $155.00. They now have a "buy" rating on the stock.MarketBeat
- AppLovin in focus as Citi ups estimates on mobile gaming software strength [Seeking Alpha]Seeking Alpha
- New Wurl Report Finds CTV Engagement is Growing, Meeting Peak-Pandemic HighsBusiness Wire
- 3 Growth Companies In US With Up To 38% Insider Ownership [Yahoo! Finance]Yahoo! Finance
APP
Earnings
- 8/7/24 - Beat
APP
Sec Filings
- 9/16/24 - Form 4
- 9/16/24 - Form 4
- 9/13/24 - Form 144
- APP's page on the SEC website