Is AppLovin (APP) a ‘Buy’ Ahead of Q4 Earnings Announcement? – February 11, 2025

From Zacks Investment Research: 2025-02-11 13:56:06

AppLovin (APP) is set to report fourth-quarter earnings after the closing bell. The company operates a mobile app marketing platform and has surpassed earnings expectations in the last six quarters. Analysts expect a profit of $1.28 per share, reflecting 161.2% growth. Revenues are projected to rise 32.3% to $1.26 billion. Despite a strong performance last year, with shares up over 700%, investors should be cautious ahead of the earnings release. The Zacks Model predicts another earnings beat, but with recent weakness in technology stocks, is APP a buy? Stay tuned for the latest updates.



Read more at Zacks Investment Research: Is AppLovin (APP) a ‘Buy’ Ahead of Q4 Earnings Announcement? – February 11, 2025