AppLovin’s profits have more than doubled year-to-date, with a 120% increase in stock value. The company saw its revenue rise 68% in Q3, reaching over $1.4 billion, and adjusted EBITDA increased by 79%. However, there is concern about the stock’s valuation, with a price-to-sales ratio of 40 and a price-to-earnings ratio of 50. AppLovin’s growth is expected to continue, but investors should proceed with caution due to the high valuation. The Motley Fool Stock Advisor team did not include AppLovin in their list of top 10 stocks to buy now.

Read more at Nasdaq: This Stock More Than Doubled In 2025. Can It Keep Soaring?