AppLovin Corporation

AppLovin Corporation

APPยทNASDAQ

$570.83

-7.0%
TechnologySoftware - Application

AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; and MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction. Its business clients include various advertisers, publishers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.

At a Glance

Live Snapshot
Market Cap$191.76B
EPS9.8400
P/E Ratio58.01
Earnings Date08/05/2026
AppLovin Corporation

AppLovin Corporation Fair Value Envelope

APP ยท NASDAQ

Our analysis suggests that APP has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $570.83, this represents a potential HIDDEN relative to our calculated worth for AppLovin Corporation.

Intrinsic Value
Current Price: $570.83

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$19,869.9B
+ Cash & Equivalents$2.5B
Firm Value$19,872.4B
- Debt$3.5B
Equity Value$19,868.9B
/ Shares Outstanding337,976,266B
DCF Value$58.8K
UNDERVALUED BY 10199%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$7.5B
$14.1B
$26.5B
$49.9B
$93.9B
$176.8B
$332.9B
$626.8B
$1,180.0B
$2,221.7B
Maintenance CapEx
-$10.7M
-$20.1M
-$37.8M
-$71.2M
-$134.0M
-$252.2M
-$474.8M
-$893.9M
-$1.7B
-$3.2B
Owner Earnings
$7.5B
$14.1B
$26.5B
$49.8B
$93.8B
$176.6B
$332.5B
$625.9B
$1,178.4B
$2,218.5B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$6.9B
$12.1B
$21.0B
$36.6B
$63.8B
$111.3B
$194.0B
$338.2B
$589.5B
$1,027.6B
Terminal Value represents 87.9% of Enterprise Value