APP
AppLovin
$469.39
▼ 0.1%Updated Today 7:15 PM ET
▲ Up 36.4% over the last 12 months
Market Cap
$157.79B
P/E
40.25x
Forward P/E (est.)
28.75x
ROE
222.0%
Revenue Growth
40.0%
EPS Growth
110.3%
Profit Margin
64.3%
FCF Yield
0.3%
Debt / Equity
1.65x
ROIC
56.0%
Interest Coverage
—
Current Ratio
3.24x
Dividend Yield
—
Implied Growth (rev. DCF)
—
Rating Score
68/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what APP's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. APP trades near $469.39, below its 50-day average ($491.91) and 200-day average ($542.25). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 20 it is oversold — selling has been heavy and a bounce is possible.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. APP's is $33.54 (~7.1% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month APP found buyers near $460.20 (support) and sellers near $622.00 (resistance); its 52-week range is $320.00–$745.61. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.8× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
AppLovin (APP) is a large-cap company in the Application Software industry, part of the Information Technology sector of the S&P 500, with a market value around $157.79B.
In its latest reported year it generated about $5.48B in revenue and $3.33B in net profit.
Our model rates APP Favorable (68/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
18.4%
Revenue moved from $2.79B in 2021 to $5.48B in 2025, a 18.4% compound annual growth rate. The most recent year grew a strong 40.0% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
88.4%
Operating Margin
75.8%
Net Margin
60.8%
ROE
222.0%
AppLovin keeps about 64.3% of each sales dollar as net profit, with a 88.4% gross margin and 75.8% operating margin. Return on equity is 222.0% and return on invested capital about 56.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$3.51B
Net Debt
$754.32M
Net Debt / EBITDA
0.18x
Debt / Equity
1.65x
Leverage: debt-to-equity is 1.6x, with a current ratio of 3.2x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $3.51B of total debt against $2.76B of cash.
Operating CF
$3.97B
Free Cash Flow
$3.97B
FCF Margin
72.5%
In the latest year AppLovin produced about $3.97B of operating cash flow and $3.97B of free cash flow after capital spending. That is a free-cash-flow yield of about 0.3% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
P/E
40.25x
P/S
31.93x
P/B
97.26x
EV / EBITDA
39.99x
APP trades at 40.3x trailing earnings (about 28.8x on estimated forward earnings), 31.9x sales, and 97.3x book value. That is a rich multiple that prices in a lot of future growth.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How APP stacks up against its Information Technology peers — valuation, profitability, and growth versus the sector median.
In the Information Technology sector (72 S&P 500 companies), APP ranks #21 of 72 by our overall rating. It trades at roughly in line versus the sector on earnings (40.3x P/E vs. 35.6x median) with a higher return on equity (222.0% vs. 25.6%) and faster revenue growth (40.0% vs. 17.4%).
P/E vs sector
40.3x
median 35.6x
ROE vs sector
222.0%
median 25.6%
Growth vs sector
40.0%
median 17.4%
Sector rank
#21
of 72 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Information Technology companies by sub-industry and size. Sector median is across all 72 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$1,051.82 – $1,753.03
vs. $469.39 today · expected CAGR 18% – 30%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $7.67B | $10.74B | $15.04B | $21.05B | $29.48B |
| Net income | $3.84B | $5.37B | $7.52B | $10.53B | $14.74B |
| EPS | $11.41 | $15.97 | $22.36 | $31.30 | $43.83 |
| Share price (low) | $273.80 | $383.31 | $536.64 | $751.30 | $1,051.82 |
| Share price (high) | $456.33 | $638.86 | $894.40 | $1,252.16 | $1,753.03 |
| CAGR (low–high) | -42% / -3% | -10% / 17% | 5% / 24% | 12% / 28% | 18% / 30% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for APP:
- Revenue is growing 40.0% a year, a sign of real demand.
- High net margins (64.3%) point to pricing power or efficiency.
- Strong return on equity (222.0%) shows capital is put to work well.
- Our model's overall read is Favorable (68/100).
The case against APP:
- Elevated leverage (debt/equity 1.6x) adds financial risk.
- A rich 40.3x earnings multiple prices in a lot of growth.
- Limited free cash flow at today's price.
Valuation risk — at 40.3x earnings, disappointing results could compress the multiple.
Balance-sheet risk — debt/equity of 1.6x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: AppLovin is a large-cap information technology business still growing nicely, with solid profitability, and a heavier debt load to watch. It trades at 40.3x earnings, which our model scores Favorable (68/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.