Applovin Corp stock hits all-time high at 657.66 USD

Applovin Corp stock reached a significant milestone, hitting an all-time high of 657.66 USD. The company, now valued at $221.66 billion, demonstrates impressive fundamentals with a 78.61% gross profit margin and robust revenue growth of 78.91% over the last twelve months. According to InvestingPro analysis, the company maintains a perfect Piotroski Score of 9, indicating exceptional financial strength. This achievement underscores a remarkable period for the company, with its stock experiencing a substantial 408.5% increase over the past year. The surge in stock price highlights investor confidence and robust performance, positioning Applovin Corp as a standout in its sector. While current analysis suggests the stock may be overvalued, this upward trajectory reflects the company’s strategic initiatives and market dynamics that have propelled its impressive growth over the past year. Discover 20+ additional exclusive insights and detailed valuation metrics with InvestingPro.

In other recent news, AppLovin Corp reported strong financial results for the second quarter of 2025, with revenue reaching $1.259 billion, surpassing the consensus estimate of $1.219 billion. The company’s adjusted EBITDA also exceeded expectations, coming in at $1.018 billion compared to the anticipated $996 million. Benchmark has maintained its Buy rating on AppLovin, following these robust results, with a price target of $525.00. Additionally, Jefferies reiterated its Buy rating, highlighting ad spend growth and setting a price target of $760.00, noting strong advertiser adoption comparable to Meta. Benchmark also raised its price target to $640.00, citing AppLovin’s next growth phase driven by self-serve capabilities and international expansion. BTIG increased its price target to $664.00, focusing on the company’s expanding non-gaming revenue opportunities, with projections for significant growth by the fourth quarter of 2025. Jefferies further raised its price target to $615.00, pointing to growth drivers such as e-commerce advertising and new client onboarding. These developments reflect AppLovin’s strategic advancements and potential market opportunities.

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