Professional
Added to YB: 2024-04-19
Pitch date: 2024-04-17
APP [bullish]
AppLovin Corporation
+290.78%
current return
Author Info
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Company Info
AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.
Market Cap
$92.7B
Pitch Price
$71.47
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.15
P/E
21.30
EV/Sales
13.64
Sector
Media
Category
growth
Show full summary:
ClearBridge Select Strategy New Position: AppLovin Corporation
APP: Mobile app marketing/monetization disruptor. Software segment grew robustly in 2023, to benefit from improving AI targeting engine. Precision, adoption & dataset growth still early. New $B+ market potential in licensing engine to e-commerce advertisers.
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