AppLovin Corporation (APP) is set to announce its fourth-quarter 2024 financial results on Feb. 12, after market close. The company is expected to report strong year-over-year revenue growth, primarily driven by the continued expansion of its Software Platform segment.See Zacks Earnings Calendar to stay ahead of market-making news.The consensus estimate for Software Platform revenues stands at $892.7 million, reflecting a substantial 54.8% increase compared to the same quarter last year. This surge is likel ...

Company Performance - AppLovin's stock closed at $375.72, reflecting a -1.29% change from the previous trading day's close, underperforming the S&P 500's daily loss of 0.95% [1] - Over the past month, AppLovin's shares have gained 15.62%, outperforming the Business Services sector's gain of 8.87% and the S&P 500's gain of 1.86% [1] Upcoming Earnings - AppLovin is set to release its earnings report on February 12, 2025, with an expected EPS of $1.28, indicating a 161.22% increase from the same quarter last year [2] - The consensus estimate for revenue is $1.26 billion, representing a 32.32% increase compared to the same quarter of the previous year [2] Analyst Estimates - Recent adjustments to analyst estimates for AppLovin reflect short-term business trends, with positive revisions indicating analyst optimism about the company's profitability [3] - The Zacks Rank system, which considers these estimate changes, has assigned AppLovin a rank of 2 (Buy) [5] Valuation Metrics - AppLovin has a Forward P/E ratio of 61.98, significantly higher than the industry average of 24.4, indicating it is trading at a premium [6] - The company has a PEG ratio of 3.1, compared to the Technology Services industry's average PEG ratio of 1.61 [7] Industry Ranking - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 85, placing it in the top 34% of over 250 industries [7] - The strength of individual industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [8]

Analysts on Wall Street project that AppLovin (APP) will announce quarterly earnings of $1.28 per share in its forthcoming report, representing an increase of 161.2% year over year. Revenues are projected to reach $1.26 billion, increasing 32.3% from the same quarter last year.The current level reflects an upward revision of 0.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections o ...

AppLovin Corporation (APP) will report its fourth-quarter 2024 results on Feb. 12, after the bell.See Zacks Earnings Calendar to stay ahead of market-making news.The Zacks Consensus Estimate for earnings in the to-be-reported quarter stands at $1.28, indicating 161.2% growth from the year-ago reported quarter. The consensus estimate for revenues stands at $1.26 billion, implying 32.3% year-over-year growth.Two estimates for the to-be-reported quarter have been revised upward over the past 30 days versus no ...

AppLovin - AppLovin's shares have increased by 121% since the election, driven by strong third-quarter results and growth potential [1][2] - The company reported a 39% revenue growth for the period ending September 30, 2024, with sales reaching $1.2 billion [2] - AppLovin's new pilot project in e-commerce ads may unlock additional revenue growth opportunities [2] - The stock trades at over 110 times its trailing earnings, indicating potential for a correction unless earnings improve significantly [4] SoundHound AI - SoundHound AI's shares have surged by over 165% since the election, benefiting from potential lower interest rates [5] - The stock's rally was catalyzed by the launch of its AI Smart Ordering product at various restaurant locations [6] - The company reported a net loss of $111 million over the trailing 12 months, with revenue of $67 million, indicating a need for stronger earnings to sustain stock growth [7][8] - SoundHound AI trades at a high price-to-sales multiple of 65, suggesting a cautious approach for investors [8] Geo Group - Geo Group's shares have risen by 105% since the election, potentially benefiting from the president's tough crime policies [9] - The company has posted a profit of $36 million on revenue of $2.4 billion over the past four quarters, with minimal revenue growth in recent years [10] - The stock trades at over 110 times its trailing earnings, raising concerns about its high valuation despite potential business growth from government contracts [11] - A significant government deal announcement could further boost Geo Group's stock value [12]

With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.I initiated my coverage of AppLovin Corporation (NASDAQ: APP ) in November 2024 with a “Hold” rating, stating that the market's optimism left no room for errors, making the stock appear overvalued by about 33% based onHe leads the investing group Bey ...

Key TakeawaysWhile stocks have been on a strong rally the past two years, market volatility has returned.Stocks with relative price strength against peers show strong fundamentals and investor confidence.Stocks like Life Time Group, AppLovin, Pitney Bowes and Urban Outfitters display relative price strength.The U.S. stock market experienced a remarkable rally over the last two years, but volatility returned in mid-December, disrupting the much-anticipated Santa Claus rally. Market fluctuations have persiste ...

Core Viewpoint - Growth investors are focused on stocks with above-average financial growth, but identifying such stocks can be challenging due to associated risks and volatility [1] Group 1: Company Overview - AppLovin (APP) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 229.4%, with projected EPS growth of 50.7% this year, significantly higher than the industry average of 24.8% [4] Group 2: Financial Metrics - AppLovin's asset utilization ratio (sales-to-total-assets ratio) is 0.8, indicating that the company generates $0.8 in sales for every dollar in assets, outperforming the industry average of 0.64 [5] - The company's sales are expected to grow by 23.1% this year, compared to the industry average of 7.4% [6] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for AppLovin, with the Zacks Consensus Estimate for the current year increasing by 4.5% over the past month [7] - The combination of a Zacks Rank 1 and a Growth Score of A positions AppLovin well for potential outperformance in the market [9]

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about AppLovin (APP) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AppLovin currently has an average brokerage recommendation (ABR) ...

Market Overview - Growth stocks with high potential upside can deliver significant returns over years or decades [1] - The S&P 500's strong performance in 2023 has led to substantial gains for investors who invested at the start of the year [1] AppLovin - AppLovin helps businesses monetize mobile games and has expanded into e-commerce, driving investor excitement [3] - The company's sales totaled $3.3 billion in the first nine months of 2024, a 43% year-on-year increase [3] - Net income surged by over 430% to $980.6 million during the same period [3] - AppLovin was unprofitable in 2022 but has shown impressive growth recently, leading to its inclusion in the Nasdaq-100 index [4] - An $11,000 investment in AppLovin at the start of 2023 would have grown to approximately $339,000 by the end of 2024 [4] - The stock trades at 100 times trailing earnings and 28 times revenue, indicating a high valuation [5] MicroStrategy - MicroStrategy's stock has surged due to its bullish strategy on Bitcoin, despite its primary business being business intelligence solutions [6] - The company holds 450,000 bitcoins as of January 20, making it the largest corporate holder of Bitcoin [7] - An $11,000 investment in MicroStrategy at the start of 2023 would have grown to $225,000 by the end of 2024 [6] - The company has incurred losses in three consecutive quarters and is highly sensitive to Bitcoin price fluctuations [8] Carvana - Carvana, an online used-car retailer, has seen significant gains despite past profitability struggles [9] - An $11,000 investment in Carvana at the start of 2023 would have grown to $472,000 by the end of 2024 [10] - The company has posted modest profits in the past three quarters due to improved economic conditions and interest rate cuts [12] - Profit margins remain tight, and the economic outlook is still uncertain, making the stock a risky investment [12]