NasdaqGS:APPSoftware
AppLovin (APP): A Fresh Look at Valuation Following Analyst Upgrades and Earnings Outperformance
If you’re wondering what’s driving AppLovin (APP) shares onto the radar, it is all about an impressive run of topping expectations. Over the past four quarters, AppLovin has not only met but beaten consensus forecasts on both earnings and revenue. Now, with analysts revising their estimates higher again and institutional buyers showing interest, investors are watching for the next move.
This flurry of activity builds on a year of strong gains, with AppLovin’s stock up more than 319% over the...