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AppLovin (APP 4.21%) once again held up to the short-seller scrutiny it's been under, with yet another quarter of surging revenue and profitability growth. The stock is now up more than 500% over the past year and more than 30% year to date.
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Google stock broke out on Friday as tech titans lead the stock market rally. AppLovin raced through a buy zone following earnings.
My bullish calls on AppLovin continue to prove successful, with the stock delivering significant gains since my initial "Buy" rating upgrade. AppLovin's business model shift to pure-play ad tech AI is fueling exceptional revenue, EBITDA, and free cash flow growth, with massive untapped market potential. AppLovin's Q2 results shattered expectations, with revenue of $1.26 billion and an EPS of $2.39, proving Wall Street's underestimation of its refined business model.
After hitting an all-time high of $525.15 in February, AppLovin Corp.'s (NASDAQ: APP) share price tumbled more than 35% due to a pending class action lawsuit and to short seller reports.
Over the past 52 weeks, AppLovin NASDAQ: APP has been one of the biggest stock market standouts. As of the Aug. 6 close, shares have surged by a whopping 446%.
AppLovin (APP) continued its growing popularity as one of the market's top momentum stocks after exceeding its Q2 expectations on Wednesday evening.
AppLovin reported earnings that topped analysts' estimates, spurring a rally in the stock price. CEO Adam Foroughi told investors that he sees the company benefiting from the Apple-Epic suit.
Live Updates Live Coverage Has Ended Five Conference Call Quotes That Caught Our Attention Tonight 6:51 pm “We are confident we can sustain 20 % – 30 % year-over-year growth driven by just gaming.” — Adam Foroughi, CEO “On October 1 2025 we plan to open the AXON Ads Manager on a referral basis, perfectly timed for the holiday season.” — Foroughi “During the quarter, revenue increased by a very healthy 77 % from last year to approximately $1.216 billion, while adjusted EBITDA nearly doubled, achieving an 81 % margin.” — Matt Stumpf, CFO “Our strategy is simple: build world-class products, launch them when they meet our high bar and compound from there.” — Foroughi “We have one of the most lucrative financial models the world has ever seen, and we’re very good performance marketers.” — Foroughi We'll post an Update Later with Thoughts on Applovin's Earnings Call 4:58 pm Applovin’s conference call starts now. You can register to listen in
Shares of AppLovin (APP 11.04%) were surging today after the ad-tech company delivered strong second-quarter results, topping estimates on the top and bottom lines.