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AppLovin (APP) Rises Higher Than Market: Key Facts
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In the latest trading session, AppLovin (APP - Free Report) closed at $477.20, marking a +2.38% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 1.2% for the day. Elsewhere, the Dow saw an upswing of 1.79%, while the tech-heavy Nasdaq appreciated by 1.52%.
Coming into today, shares of the mobile app technology company had gained 5.95% in the past month. In that same time, the Business Services sector gained 1.24%, while the S&P 500 gained 5.15%.
The investment community will be paying close attention to the earnings performance of AppLovin in its upcoming release. The company is slated to reveal its earnings on May 6, 2026. The company's earnings per share (EPS) are projected to be $3.4, reflecting a 103.59% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $1.77 billion, up 19.54% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $15.72 per share and a revenue of $8.03 billion, demonstrating changes of +56.57% and +38.36%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for AppLovin. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 0.45% fall in the Zacks Consensus EPS estimate. AppLovin is currently a Zacks Rank #3 (Hold).
From a valuation perspective, AppLovin is currently exchanging hands at a Forward P/E ratio of 29.65. This represents a premium compared to its industry average Forward P/E of 17.06.
Also, we should mention that APP has a PEG ratio of 0.81. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Technology Services industry had an average PEG ratio of 1.38 as trading concluded yesterday.
The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 172, finds itself in the bottom 30% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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AppLovin (APP) Rises Higher Than Market: Key Facts
In the latest trading session, AppLovin (APP - Free Report) closed at $477.20, marking a +2.38% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 1.2% for the day. Elsewhere, the Dow saw an upswing of 1.79%, while the tech-heavy Nasdaq appreciated by 1.52%.
Coming into today, shares of the mobile app technology company had gained 5.95% in the past month. In that same time, the Business Services sector gained 1.24%, while the S&P 500 gained 5.15%.
The investment community will be paying close attention to the earnings performance of AppLovin in its upcoming release. The company is slated to reveal its earnings on May 6, 2026. The company's earnings per share (EPS) are projected to be $3.4, reflecting a 103.59% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $1.77 billion, up 19.54% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $15.72 per share and a revenue of $8.03 billion, demonstrating changes of +56.57% and +38.36%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for AppLovin. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 0.45% fall in the Zacks Consensus EPS estimate. AppLovin is currently a Zacks Rank #3 (Hold).
From a valuation perspective, AppLovin is currently exchanging hands at a Forward P/E ratio of 29.65. This represents a premium compared to its industry average Forward P/E of 17.06.
Also, we should mention that APP has a PEG ratio of 0.81. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Technology Services industry had an average PEG ratio of 1.38 as trading concluded yesterday.
The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 172, finds itself in the bottom 30% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.