(APP) Applovin - Ratings and Ratios

AppLovin Corporation (NASDAQ:APP) is a leading software-based platform provider that enables advertisers and publishers to optimize their marketing and monetization strategies. The company operates globally, focusing on two core segments: Advertising and Apps. Its suite of products includes AppDiscovery, which connects advertisers with publishers through auctions; MAX, a real-time in-app bidding solution that maximizes ad inventory value; Adjust, a comprehensive marketing analytics platform offering insights for app marketing scalability; and Wurl, a connected TV platform providing streaming video distribution and advertising solutions. Additionally, AppLovin offers SparkLabs for app store optimization, AppLovin Exchange for direct RTB connections to mobile and CTV devices, and Array, an end-to-end app management solution for mobile operators and users. The company also operates a portfolio of free-to-play mobile games. AppLovin serves a diverse range of clients, including individuals, small businesses, enterprises, advertisers, publishers, and indie developers. Founded in 2011 and headquartered in Palo Alto, California, the company has established itself as a key player in the digital advertising and app ecosystem.

From a technical perspective, APP is currently trading at $238.22, below its 20-day SMA of $269.35 and 50-day SMA of $318.42, but above its 200-day SMA of $229.41. The stock has an average 20-day volume of 9,043,393 shares and an ATR of $30.63. On the fundamental side, AppLovin boasts a market cap of $93.167 billion, with a trailing P/E of 60.65 and a forward P/E of 49.26. The stocks P/B ratio is 85.45, reflecting its high valuation relative to book value, while its P/S ratio of 19.78 indicates a premium pricing for its revenue streams. The companys RoE stands at 144.96%, showcasing strong profitability relative to equity.

3-Month Forecast: - Technical Outlook: - Price is below the 20-day and 50-day SMAs, indicating bearish momentum. - The 200-day SMA provides support at $229.41. - ATR of $30.63 suggests potential volatility. - Resistance levels at $284.0, $315.0, and $341.6 may cap upside movements. - Support at $200.0 could act as a floor. - Expect price to range between $200.0 and $284.0 in the next 3 months. - Fundamental Outlook: - High P/E and P/B ratios indicate overvaluation but reflect strong market confidence. - A forward P/E of 49.26 suggests expectations of future earnings growth. - The companys high RoE of 144.96% underscores its ability to generate profits from equity. - Market cap of $93.167 billion highlights its dominance in the application software space. - The stocks performance will likely be influenced by broader market trends, industry competition, and earnings reports.