Previous close | 24.23 |
Open | 23.99 |
Bid | 24.97 x 800 |
Ask | 25.02 x 1100 |
Day's range | 23.88 - 25.18 |
52-week range | 9.14 - 44.76 |
Volume | |
Avg. volume | 2,766,774 |
Market cap | 9.116B |
Beta (5Y monthly) | 1.94 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.22 |
Earnings date | 08 Aug 2023 - 14 Aug 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 24.68 |
PALO ALTO, Calif., May 30, 2023--Array, AppLovin’s (NASDAQ: APP) suite of solutions for OEMs and telecom carriers, today announced that it has broadened its strategic partnership with OPPO, a global leading smart device brand. Together, the companies are addressing mobile app discoverability by providing OPPO device users with seamless on-device experiences and hyper-relevant app recommendations when searching for and downloading apps.
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades for Tencent Music, Snap, AppLovin, and Wynn Resorts. Tencent Music Entertainment (NYSE:TME) shares surged more than 8% after the company reported solid Q1 earnings and earned several upgrades, as InvestingPro reported in real time. Macquarie upgraded to Neutral from Underperform and raised its price target to $7.40 from $5.10, highlighting effective diversification and better margins.
Shares of mobile-app developer and software company AppLovin (NASDAQ: APP) soared higher on Thursday after the company released financial results for the first quarter of 2023. As of 10 a.m. ET, AppLovin stock was up 24%. In Q1, AppLovin generated revenue of $715 million, up 14% year over year and well ahead of management's guidance of $685 million to $705 million.
Welcome, everyone, to the AppLovin earnings call for the first quarter ended March 31, 2023. Joining me today to discuss our results are Adam Foroughi, our co-founder, CEO and chairperson; and Herald Chen, our president and CFO. Please note, our SEC filings, as well as our shareholder letter discussing our first quarter performance are available at investors.applovin.com.
AppLovin (APP) delivered earnings and revenue surprises of -120% and 3.15%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
PALO ALTO, Calif., May 10, 2023--AppLovin Corporation (NASDAQ: APP) ("AppLovin"), a leading marketing platform, today announced financial results for the quarter ended March 31, 2023 and posted a Shareholder Letter at investors.applovin.com.
Vivid Seats Inc. (SEAT) delivered earnings and revenue surprises of 150% and 15.79%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
NV5 (NVEE) delivered earnings and revenue surprises of 3.53% and 2.40%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
PALO ALTO, Calif., May 03, 2023--AppLovin Corporation (NASDAQ: APP) ("AppLovin"), a leading marketing platform, is bringing performance-based buying to connected TV (CTV) within its powerful mobile user acquisition platform, AppDiscovery. App marketers can now tap into massive CTV supply across hundreds of free ad-supported streaming TV (FAST) apps and 3,000+ channels from a single source of access and only pay for installs.
PALO ALTO, Calif., May 01, 2023--AppLovin Corporation (NASDAQ: APP) ("AppLovin"), a leading marketing platform, announced today that Google’s bidding open beta as an SDK buyer will be available to all publishers via AppLovin's MAX platform. Publishers who use MAX already benefit from the largest selection of network bidders and DSPs and can now take advantage of this powerful revenue opportunity, while driving operational efficiency and reducing technical overhead.
PALO ALTO, Calif., April 05, 2023--AppLovin Corporation, (NASDAQ: APP) ("AppLovin" or the "Company") a leading marketing software platform, today announced it will report financial results for the first quarter of 2023 on Wednesday, May 10, 2023 after the U.S. stock market closes.
Investors need to pay close attention to AppLovin (APP) stock based on the movements in the options market lately.
PALO ALTO, Calif., March 13, 2023--AppLovin Corporation (NASDAQ: APP) ("AppLovin"), a leading marketing platform, today issued the following statement regarding the closure of Silicon Valley Bank ("SVB") by the California Department of Financial Protection and Innovation ("CDFPI") and appointment of the Federal Deposit Insurance Corporation ("FDIC") as receiver of SVB.
PALO ALTO, Calif., February 16, 2023--Machine Zone, a global leader in mobile gaming, today announced the global launch of Final Fantasy XV: War for Eos, a free-to-play mobile strategy MMORPG where players jump into the action with Noctis, Luna, and their favorite FFXV characters. Players can expect epic character combat campaigns where they will build and customize empires, and go to war with and against other guilds to protect the Crystal and reign the Realm.
AppLovin (NASDAQ: APP) shares beat the market this week, rising over 20% through Thursday trading compared to a 1.3% decline in the wider market, according to data provided by S&P Global Market Intelligence. The latest rally was sparked by a fourth-quarter earnings update that showed stability in AppLovin's business. Sales for Q4 fell 11% to $702 million as many of its business lines remained pressured by slowing advertising spending and weaker in-game spending.
Investors were eager to snatch up shares of AppLovin (NASDAQ: APP) after the company reported its fourth-quarter results. The company, which helps app developers monetize their apps with advertising, reported mixed results for the quarter, but investors reacted to the AppLovin's better-than-expected revenue guidance of the first quarter. AppLovin's fourth-quarter sales fell 11.5% to $702.3 million, but that was good enough to beat the consensus estimate of $689.9 million.
Welcome, everyone, to AppLovin's earnings call for the fourth quarter and year ended December 31, 2022. Please note our SEC filings, as well as our shareholder letter discussing our fourth-quarter performance, are available at investors applovin.com. During today's call, we may be making forward-looking statements regarding future events, market expectations, or future financial performance of the company and the strategic review of our apps portfolio.
AppLovin (APP) delivered earnings and revenue surprises of -100% and 1.77%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
PALO ALTO, Calif., February 08, 2023--AppLovin Corporation (NASDAQ: APP) ("AppLovin"), a leading marketing platform, today announced financial results for the quarter and full year ended December 31, 2022 and posted a Shareholder Letter at www.investors.applovin.com.
Kyndryl Holdings, Inc. (KD) delivered earnings and revenue surprises of 17.54% and 8.67%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
PALO ALTO, Calif., January 31, 2023--AppLovin (NASDAQ: APP), the leading growth platform for developers, today released its first-ever Creative Trends Report 2023, unveiling the top performance-driven mobile ad trends for the year. The data-driven report empowers mobile app developers and marketers, across verticals, to drive better performing mobile ad campaigns.
PALO ALTO, Calif., January 25, 2023--AppLovin Corporation, (NASDAQ: APP) ("AppLovin" or the "Company") a leading marketing software platform, today announced it will report financial results for the fourth quarter and full year of 2022 on Wednesday, February 8, 2023 after the U.S. stock market closes.
APP, ACIW and ABM have been added to the Zacks Rank #5 (Strong Sell) List on January 11, 2023.
Investors need to pay close attention to AppLovin (APP) stock based on the movements in the options market lately.
According to data compiled by S&P Global Market Intelligence, the company's share price was down a queasy 27% week to date as of early Friday morning. The market is hardly eager to snap up tech stocks like AppLovin, and this sentiment was exacerbated by an analyst's downgrade. One theme of this year that seems to be rearing its head as the new year approaches is the shunning of more speculative tech stocks.