AppLovin stock
APPNASDAQAppLovin Corporation, TechnologyISIN US03831W1080
70Score 70 out of 100, Strong
Price and trend
57 / 100
Price history
−33% in one yearThe chart shows daily closes over 6 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 3.2% below it.
Since March 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 76).
The price is 46% below its 52-week high. Largest decline in 6 years: 92% (November 2021 to December 2022).
Chart figures for advanced users
- SMA 50$300.22
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$406.60
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)76
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$228.50
- The lowest closing price of the last twelve months.
- Resistance$733.60
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- AppLovin Corporation belongs to the Software (Application) industry (United States) and, with a market value of $131.34B, is number 5 of 189 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $5.48B (up 70% year on year) and earnings of $3.33B (up 111%).
- For fiscal 2026, analysts expect on average revenue of $8.1B (up 47.8%) and adjusted earnings per share of $15.69 (up 63.1%).
Show more
- MEQIRI Score 70 out of 100 (Strong): rank 223 of 857 in Technology, median 61.
- The P/E is 26.3 (Software (Application) median 30.8, own median of recent years 68.5).
- Our model puts fair value at $490.10, with the price 17% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High return on capitalReturn on invested capital 101.6% in fiscal 2025, Software (Application) median 3.9%.Profitability 99
- Growing faster than its industryRevenue up 46.4% a year since 2020, Software (Application) median 17.3%.Growth 83
- High marginNet margin 65.9% over the last 12 months, Software (Application) median 6.8%.Profitability 99
Weaknesses
- DilutionShare count up 58% since 2020.Capital allocation 54
- Margin may fall backOperating margin 75.8%, average of the prior years 5.4%, which ranged from −4.3% to 59.3%. After peaks like this, the margin was more than a quarter lower two years later in 44 of 100 cases, against 24 of 100 for other companies with high margins.
- Volatile share priceVolatility 80% a year over the last 12 months.Stability 63
Its standout strengths are profitability and growth, while momentum holds the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 69 to 70.
Fundamentals are strong, with strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 23 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- high price swings
- price far below its 52-week high
- high growth grade (crashed more often in the backtest)
What lowers it
- solid fundamentals
Valuation
Valuation signal
Fairly valuedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $326.73 and expensive above $980.19 (uncertainty very high, based on the price swings of the past year).
The two parts of the fair value come to $519.55 (cash-flow model) and $460.64 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is slightly below both parts; given how much the stock swings, that still counts as fair.
Calculated with a cost of equity of 9.6%. At 10.6% the fair value would be $450.11, at 8.6% it would be $546.84.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (30.8).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 46.5% on the twelve months before. Up to 2022 the bars include businesses that were later spun off or sold. On a comparable basis, as restated in the SEC annual reports, revenue grew 46.4% a year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 88%, operating 76%, net 61%. Last 12 months: net 66%.
Debt & balance sheet
latest quarterMeaningfully leveraged, but the interest bill is comfortably covered.
Earnings
- Next earnings
- 10 Feb 2027in 90 days
- Last reported
- 4 Nov 2026EPS reported $4.30 (expected $4.03)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $15.69−0.3%
- Revenue
- $8.1B−0.2%
- Earnings per share
- $19.68−1.9%
- Revenue
- $10.11B−1.5%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −20.0%Third quarter revenue guided to $2.055 billion to $2.085 billion (up 46% to 48%), with higher compute costs included; the second quarter came in just below guidance.
“We expect revenue between $2.055 billion and $2.085 billion, representing 46% to 48% year-over-year growth or 7% to 8% sequentially. We expect adjusted EBITDA between $1.71 billion and $1.74 billion, representing 48% to 50% year-over-year growth with an adjusted EBITDA margin of approximately 83%.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 5 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 6 insiders sold, $190.28M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Webb Maynard G JrSale
6 Jul 2026, Board
- Shares
- 3,076
- Price
- $521.29
- Value
- $1.6M
- Vivas EduardoSale
16 Jun 2026, Board
- Shares
- 163,910
- Price
- $504.06
- Value
- $82.62M
- Foroughi Arash AdamSale
12 Jun 2026, 10 percent owner, officer: CEO
- Shares
- 22,544
- Price
- $494.98
- Value
- $11.16M
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- Foroughi Arash AdamSale
12 Jun 2026, 10 percent owner, officer: CEO
- Shares
- 19,123
- Price
- $482.02
- Value
- $9.22M
- Foroughi Arash AdamSale
11 Jun 2026, 10 percent owner, officer: CEO
- Shares
- 33,042
- Price
- $486.95
- Value
- $16.09M
- Foroughi Arash AdamSale
11 Jun 2026, 10 percent owner, officer: CEO
- Shares
- 8,624
- Price
- $476.30
- Value
- $4.11M
- Foroughi Arash AdamSale
10 Jun 2026, 10 percent owner, officer: CEO
- Shares
- 20,833
- Price
- $503.91
- Value
- $10.5M
- Webb Maynard G JrSale
5 Jun 2026, Board
- Shares
- 3,076
- Price
- $582.04
- Value
- $1.79M
- Valenzuela VictoriaSale
4 Jun 2026, CALO & Corp. Secretary
- Shares
- 20,000
- Price
- $565.89
- Value
- $11.32M
- Stumpf MatthewSale
28 May 2026, Chief Financial Officer (CFO)
- Shares
- 9,052
- Price
- $600.00
- Value
- $5.43M
- Shikin VasilySale
22 May 2026, Chief Technology Officer
- Shares
- 860
- Price
- $491.50
- Value
- $422,688
- Shikin VasilySale
22 May 2026, Chief Technology Officer
- Shares
- 3,467
- Price
- $483.59
- Value
- $1.68M
- Shikin VasilySale
22 May 2026, Chief Technology Officer
- Shares
- 70,916
- Price
- $484.33
- Value
- $34.35M
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at AppLovin
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
857 rated companies in Technology
- This company
- 70
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Software (Application)
The next larger and next smaller companies by market value
- SAPSAP.DE $270.92B75
- ShopifySHOP $192.03B68
- SalesforceCRM $179.42B69
- Uber TechnologiesUBER $144.32B58
- Automatic Data ProcessingADP $120.94B82
- ServiceNowNOW $106.66B59
- SnowflakeSNOW $106.27B41
- AdobeADBE $92.47B76
ETFs that hold AppLovin
Held by 112 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares S&P 500 Communication Sector UCITS ETFIU5C | 4.71% | 0.15% | €1.05B |
| State Street SPDR S&P U.S. Communication Services Select Sector UCITS ETF (Acc)ZPDK | 4.08% | 0.15% | €281.71M |
| Xtrackers MSCI USA Communication Services UCITS ETF 1DXUCM | 3.47% | 0.12% | €413.81M |
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| Invesco S&P 500 QVM UCITS ETFQVMP | 1.85% | 0.35% | €50.82M |
| Xtrackers MSCI World Communication Services UCITS ETF 1CXWTS | 1.49% | 0.25% | €358.23M |
| iShares STOXX USA Equity Multifactor UCITS ETFIBCY | 0.96% | 0.20% | €47.95M |
| UBS Factor MSCI USA Quality Screened UCITS ETF USD disUBUT | 0.90% | 0.25% | €1.14B |
| iShares STOXX World Equity Multifactor UCITS ETFIBCZ | 0.73% | 0.30% | €814.46M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 12 Nov 2026, previously Neutral
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.