From Zacks Investment Research: 2025-02-07 08:32:16

AppLovin Corporation (APP) will report its fourth-quarter 2024 results on Feb. 12, with earnings estimated to grow by 161.2% and revenues by 32.3% year over year. The company has a history of surpassing earnings estimates and is predicted to beat expectations this time as well. APP’s stock has seen a significant rally of 466.5% in the past six months, outperforming industry competitors. Despite the surge, the stock is undervalued compared to the industry average. AppLovin’s recent financial results show strong fundamentals and impressive growth trajectory, making it a promising investment opportunity with potential risks in the in-game advertising segment.



Read more at Zacks Investment Research: AppLovin Stock Before Q4 Earnings: To Buy or Not to Buy? – February 7, 2025