Technical Analysis The stock is showing strong bullish momentum, with the latest closing price at $342.34 and currently trading at $343.04. The stock is trading above its 20-day moving average of $333.59, indicating positive short-term momentum. The RSI-14 at 55.37 suggests moderate bullish sentiment without being overbought.

Recent Developments AppLovin has seen significant growth in its software platform business. The company's Axon-2 AI-powered ad-tech platform, launched in 2023, has been particularly successful. Management expects to grow gaming customers at 20-30% long-term, and the company is expanding into e-commerce, which could be a meaningful revenue contributor in 2025.

Analyst Sentiment Recent analyst actions have been predominantly positive:

Wells Fargo maintained Buy with PT raised to $366 (17.47% upside)
JP Morgan raised PT to $325 but maintains Hold
Benchmark initiated coverage with Strong Buy and $375 PT
Jefferies raised PT to $425 with Strong Buy rating

Growth Catalysts

E-commerce expansion showing strong early results
Core gaming advertising business continues to grow
AI-powered Axon-2 platform driving performance improvements
Strong margin expansion with net margin improving from 13% to 36%

Risks

High valuation at 99x trailing earnings and 47x forward earnings
Potential market saturation in core gaming advertising
Execution risk in e-commerce expansion

Conclusion While APP shows strong momentum and positive business fundamentals, the current price point presents elevated valuation risks. The stock has already risen over 700% in 2024. For new positions, it would be prudent to wait for a pullback to more attractive entry levels.

What is price prediction 2025 for APP Stock?

Based on the provided data and context, here's the price prediction analysis for APP stock in 2025:

AppLovin (APP) is expected to reach $400-425 by mid-2025, driven by continued strong growth in its AI-powered AXON platform and expansion into e-commerce verticals. The company's successful transformation from gaming-focused to a broader digital advertising platform positions it well for sustained growth.

The bullish outlook is supported by analysts' expectations of 70% earnings growth to $6.90 per share in 2025, with revenue projected to grow 23% to $5.64 billion. The company's AI-powered advertising algorithm continues to deliver superior performance compared to competitors, creating a strong competitive moat.

What is surpport and resistant level for APP Stock?

The S1 support level for APP Stock is $314.57 ,The R1 resistant level for APP Stock is $364.01.

What is the current price of APP Stock?

As of the end of day on 2025-01-24, the price of APP Stock was $364.

What is the target price of APP Stock?

The target price for APP Stock according to analyst rating is 373.71, with the highest price target at 480.00 and the lowest at 220.00. Analysts have a Strong Buy rating on APP Stock overall.

What is the market cap of Applovin Corp?

The market cap of APP is $121.9B.

Is Applovin Corp (APP) overvalued?

Based on the provided data and context, I'll analyze whether APP is overvalued.

Valuation Analysis: APP's current valuation metrics show significant expansion in Q3 2024, with P/E at 39.68, EV/EBITDA at 23.48, and P/S at 10.58. These multiples have increased substantially throughout 2024, indicating the market is pricing in strong growth expectations.

Growth Fundamentals: The company demonstrates robust growth with Q3 2024 revenue reaching $1.2 billion, up 39% YoY, and net income of $434.3 million, showing remarkable profitability improvement. Gross margin expanded to 77.5%, reflecting strong operational efficiency.

Market Position: The company's AXON AI technology has driven significant growth in its Software Platform segment, with revenue growing 66% YoY. The expansion into e-commerce advertising shows promising early results with nearly 100% incrementality reported from pilot programs.

Technical Setup:

Analyst Consensus: Recent analyst actions are predominantly bullish, with price targets ranging from $325 to $480. Notable upgrades include Oppenheimer's $480 target and Jefferies' $425 target, suggesting potential upside from current levels.

Based on these factors, APP is not overvalued despite high multiples, given its exceptional growth rates, margin expansion, and successful AI-driven business transformation. The stock's premium valuation is justified by its market leadership in mobile advertising and promising expansion into e-commerce.

What is Applovin Corp (APP)'s business?

AppLovin Corporation provides application technology platform, AppLovin. The Company operates through two segments: Software Platform, and Apps. Its Software Platform is primarily made up of four key solutions, such as AppDiscovery, MAX, Adjust, and Wurl. AppDiscovery is powered by AXON, its AI-powered advertising engine, and matches advertiser demand with publisher supply through auctions at vast scale and at microsecond-level speeds. MAX is a monetization solution, utilizing an advanced in-app bidding technology that optimizes the value of a publishers advertising inventory by running a real-time competitive auction. Adjust is a measurement and analytics marketing platform which provides marketers with the visibility, insights, and data needed to scale their apps marketing results. Wurl is connected TV (CTV) platform that both distributes streaming video for content companies and provides advanced advertising and publishing solutions to attract viewers and maximize revenue.

What is price prediction 2030 for APP Stock?

Based on the provided data and market analysis, here's the price prediction for AppLovin (APP) stock by 2030:

AppLovin's stock is projected to reach $850-900 by 2030, driven by its dominant position in AI-powered mobile advertising technology and expansion into new verticals like e-commerce. The company's AXON AI engine has demonstrated superior performance in maximizing app installs and monetization, while its strategic expansion beyond gaming into connected TV and broader e-commerce markets opens up significant growth potential.

The strong revenue growth trajectory, with 39% year-over-year increase in Q3 2024, combined with the company's proven ability to maintain high profit margins and market leadership in mobile app monetization, supports this bullish long-term outlook.