APP

AppLovinC

Nasdaq / Software & Services

At close

2026-06-02

Current thesis

The bull case is that the May 6, 2026 earnings release materially reinforced operating strength: 59% revenue growth, 109% net-income growth, very high EBITDA margins, and Q2 guidance above the just-reported quarter support positive estimate risk if brokers continue to digest the print favorably.

Posture

Mixed

Lead driver

Momentum

What changed

9 setup hits (3d) with net bullish as of 2026-06-01.

What can break

Long-term debt remained about $3.51 billion at March 31, 2026, so the balance sheet is still levered even with strong cash generation [#10-Q-2026-05-06].

Momentum

Value

Sentiment

Setup hits (3d)

9 · Net Bullish

AI TargetsBase $530.00 · Bull $610.00 · Bear $405.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-05-29 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-08 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net Bullish

Target $665.80

Why

Momentum79 · Δ7d +9.7

Value50 · Δ7d -0.6

Sentiment34 · Δ7d -20.6

So what

Balanced signals (Net Bullish). Wait for confirmation before sizing up.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendImproving

Δ7d

+9.7

Δ21d

+8.2

Value

32% active weight

Current posture

7d trendFlat

Δ7d

-0.6

Δ21d

-0.2

Sentiment

33% active weight

Current posture

7d trendSoftening

Δ7d

-20.6

Δ21d

-16.6

Why this grade

Composite grade C. Momentum 79.2 / Value 50.1 / Sentiment 34.0

Fundamentals (TTM)

As of 2026-05-29

Market Cap

$205.96B

Beta

2.50

Shares Out

337.96M

P/E (TTM)

78.1

P/S (TTM)

38.74

P/FCF (TTM)

62.86

Rev YoY

+68.2%

EPS YoY

+97.1%

Gross Margin

+83.3%

Op Margin

+59.9%

Net Debt

$2.77B

Current Ratio

3.25

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology