AppLovin Corporation (APP) fair value analysis
Nasdaq · Updated 2026-10-19
APP price how computed
Forward Fair Value verdict
UndervaluedAPP is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $277.04
- Sector
- Communication Services
- 12-month range
- $262.19–$733.60
- Market cap
- $84.7B
- From 52-week high
- -62.2%
- Shares outstanding
- 306M
- Rank in Communication Services by discount to fair value
- #3 of 29
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
AppLovin Corporation is a software platform company that provides mobile marketing and application development tools for app developers and advertisers. The company operates globally, serving customers across multiple continents through its technology infrastructure and services.
APP currently ranks #3 of 29 Communication Services stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $84.7B
- P/E (trailing)
- 21x
- Revenue (TTM)
- $6.83B
- Net margin
- 64.6%
- EPS (TTM)
- $13.45
- Gross margin
- 88.3%
- Debt / equity
- 1.11
- Revenue growth (3-yr avg)
- 40.9%
- Shares outstanding
- 306M
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Expanding
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 34 · neutral
- 50-day average
- $305.68
- 200-day average
- $434.73
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Earnings how computed
- Next earnings report
- 2026-11-04 (post-market)
- Last 8 quarters vs consensus
- 8 beat, 0 missed
- Quarter by quarter
- 2026-06 ▲ beat (+1.1%)
2026-03 ▲ beat (+3.3%)
2025-12 ▲ beat (+11.9%)
2025-09 ▲ beat (+3.4%)
2025-06 ▲ beat (+1.7%)
2025-03 ▲ beat (+21.4%)
2024-12 ▲ beat (+13.1%)
2024-09 ▲ beat (+19.5%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 27 buy · 6 hold · 0 sell (33 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $480
- Target vs last price
- +73.3%
What our data shows for APP
- Our model validated 15 trailing price-to-earnings windows for APP, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $262.19–$733.60.
- The 14-day relative strength index sits at a neutral 34.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for APP
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent APP news
TickrTrends' derived news-sentiment signal for APP is currently leaning positive, computed from recent coverage.
- APP Maintained by Citigroup -- Price Target Lowered to $500 (gurufocus.com, 2026-10-19)
TickrTrends take: Citigroup's reduction of its price target for APP to 500 comes at a time when TickrTrends' valuation analysis suggests the stock trades below its intrinsic value. A valuation-focused investor should monitor whether the analyst's lowered target reflects a reassessment of fundamentals in the Communication Services sector or represents a tactical adjustment that does not align with the company's underlying business quality. The gap between TickrTrends' undervalued verdict and Citigroup's revised target may signal an opportunity to examine APP's valuation drivers more closely to determine if the analyst move signals genuine deterioration or presents a potential entry point. - AppLovin (APP) Beats Stock Market Upswing: What Investors Need to Know (zacks.com, 2026-10-19)
TickrTrends take: AppLovin's outperformance relative to the broader market occurs within a context where TickrTrends currently identifies the stock as undervalued based on fundamental metrics. For valuation-focused investors, the gap between market performance and the current undervalued assessment suggests monitoring whether the stock's gains are narrowing the valuation discount or if additional upside potential remains. This dynamic is particularly relevant for Communication Services sector investors evaluating whether AppLovin's recent momentum reflects a revaluation toward fair value or represents an opportunity before broader recognition of its valuation status. - Why AppLovin’s Discount May Be Unwarranted Ahead of Q3 (insidermonkey.com, 2026-10-19)
TickrTrends take: AppLovin trades at a discount to the broader market, which TickrTrends currently assesses as undervalued within the Communication Services sector. The company's third quarter represents a key period for investors to monitor whether operational performance justifies the current valuation gap or whether the market's cautious pricing reflects legitimate concerns about near-term growth. Valuation-focused investors should examine AppLovin's upcoming results to determine if the discount presents an opportunity or if market skepticism proves warranted.
More APP news
- A Look at AppLovin Corp (APP) After 6.5% Gain -- GF Value $604.79 vs Price $279.29 (gurufocus.com, 2026-10-15)
- Is AppLovin Corp (APP) a Bargain After 3.7% Drop? GF Value Says Undervalued (gurufocus.com, 2026-10-14)
- APP Maintained by Goldman Sachs -- Price Target Lowered to $400 (gurufocus.com, 2026-10-14)
- AppLovin (APP) vs. U and TTD: Can AXON’s AI Advantage Outpace Execution Risks? (insidermonkey.com, 2026-10-14)
- AppLovin: Time And Patience Running Out (Downgrade) (NASDAQ:APP) (seekingalpha.com, 2026-10-13)
- AppLovin (APP) Grew 53% and Got Cheaper. Is the Market Missing Something? (insidermonkey.com, 2026-10-13)
- APP Maintained by Morgan Stanley -- Price Target Lowered to $400 (gurufocus.com, 2026-10-13)
What people are saying
Follow the APP conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is APP stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), APP is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is APP's TickrTrends verdict?
APP's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does APP compare to other Communication Services stocks?
APP ranks #3 of 29 Communication Services stocks in TickrTrends' coverage by discount to fair value.
Is APP overbought or oversold?
APP's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does APP report earnings next?
APP's next earnings report is scheduled for 2026-11-04 (post-market), per the published earnings calendar.
Does APP usually beat earnings estimates?
Over its last 8 reported quarters APP beat the consensus estimate 8 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about APP?
Of 33 analysts covering APP, 27 rate it a buy, 6 a hold and 0 a sell - buy-leaning, with a consensus price target of $480 (+73.3% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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