From Nasdaq: 2025-02-07 07:30:00

AppLovin Corporation (APP) will report its fourth-quarter 2024 results on Feb. 12. The Zacks Consensus Estimate for earnings is $1.28, a 161.2% growth from the previous year. Revenues are estimated at $1.26 billion, a 32.3% increase. Earnings have consistently beaten estimates in the past four quarters, with an average surprise of 26.2%.

APP is likely to beat earnings this quarter with an Earnings ESP of +1.12% and a Zacks Rank #2. The Software Platform is expected to drive revenue growth, with estimates showing a 54.8% increase year-over-year. Despite a 466.5% stock rally in the past six months, APP is undervalued compared to its industry.

AppLovin has shown strong financial results, including a 39% revenue increase in Q3 2024. Adjusted EBITDA rose 72% year-over-year, demonstrating operational efficiency. While risks exist in the in-game advertising segment, AppLovin’s focus on innovation and gaming industry expansion positions it for sustained growth. APP stock is a compelling buy with strong growth potential.



Read more at Nasdaq: AppLovin Stock Before Q4 Earnings: To Buy or Not to Buy?