Coverage / APP / Trade Card

APP

Applovin Corp

SPECULATIVE BUY 2026-09-11 Data 1 day old USD 324.97 AWAIT ENTRY
ACTIONABLEMethodology gates passed
49

Position levels

Currenttoday
USD 324.97
Buy <=wait / entry
USD 283.33
Trim >=take some off
USD 390.00
Thesis breakA second consecutive quarter of soft guidance at the 11 November 2026 Q3 print, ...
-

Scenario-weighted conviction

ProbabilityScoreContribution
Bull case29%100 / 10029.0
Base case51%62 / 10031.6
Bear case20%10 / 1002.0
Weighted conviction49 / 100 - SPECULATIVE BUY

Top risks

  • Q2 2026 revenue growth of 53% YoY to $1,924 million
  • Adjusted EBITDA growth of 58% to $1,614 million and net income growth of 55%
  • Active share repurchase program with 1.1 million shares bought for $551.3 million
Read full report →

Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.