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AppLovin (APP) Stock Dips While Market Gains: Key Facts
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In the latest trading session, AppLovin (APP - Free Report) closed at $391.20, marking a -4.69% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 2.51% for the day. Meanwhile, the Dow experienced a rise of 2.85%, and the technology-dominated Nasdaq saw an increase of 2.8%.
The mobile app technology company's shares have seen a decrease of 14.02% over the last month, not keeping up with the Business Services sector's loss of 6.05% and the S&P 500's loss of 1.66%.
Analysts and investors alike will be keeping a close eye on the performance of AppLovin in its upcoming earnings disclosure. The company's earnings report is set to go public on May 6, 2026. The company's upcoming EPS is projected at $3.4, signifying a 103.59% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.77 billion, up 19.29% from the year-ago period.
APP's full-year Zacks Consensus Estimates are calling for earnings of $15.79 per share and revenue of $8.05 billion. These results would represent year-over-year changes of +57.27% and +38.69%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for AppLovin. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, AppLovin is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, AppLovin is holding a Forward P/E ratio of 26. This valuation marks a premium compared to its industry average Forward P/E of 15.41.
We can additionally observe that APP currently boasts a PEG ratio of 0.71. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Technology Services industry currently had an average PEG ratio of 1.28 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 191, positioning it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow APP in the coming trading sessions, be sure to utilize Zacks.com.
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AppLovin (APP) Stock Dips While Market Gains: Key Facts
In the latest trading session, AppLovin (APP - Free Report) closed at $391.20, marking a -4.69% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 2.51% for the day. Meanwhile, the Dow experienced a rise of 2.85%, and the technology-dominated Nasdaq saw an increase of 2.8%.
The mobile app technology company's shares have seen a decrease of 14.02% over the last month, not keeping up with the Business Services sector's loss of 6.05% and the S&P 500's loss of 1.66%.
Analysts and investors alike will be keeping a close eye on the performance of AppLovin in its upcoming earnings disclosure. The company's earnings report is set to go public on May 6, 2026. The company's upcoming EPS is projected at $3.4, signifying a 103.59% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.77 billion, up 19.29% from the year-ago period.
APP's full-year Zacks Consensus Estimates are calling for earnings of $15.79 per share and revenue of $8.05 billion. These results would represent year-over-year changes of +57.27% and +38.69%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for AppLovin. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, AppLovin is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, AppLovin is holding a Forward P/E ratio of 26. This valuation marks a premium compared to its industry average Forward P/E of 15.41.
We can additionally observe that APP currently boasts a PEG ratio of 0.71. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Technology Services industry currently had an average PEG ratio of 1.28 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 191, positioning it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow APP in the coming trading sessions, be sure to utilize Zacks.com.