APP
ACCE-researchedOverview
ACCE thesis
AppLovin operates a mobile advertising platform that uses machine learning to match ads with users across 1.8 billion mobile devices daily, generating revenue from both advertiser demand and publisher supply sides. The company's AXON 2.0 algorithm has achieved unprecedented scale in programmatic advertising, processing over 200 billion bid requests per day while maintaining gross margins above 85%. Revenue acceleration hit 65.9% year-over-year as the platform captures increasing mobile ad budgets migrating from traditional channels, with particular strength in gaming verticals where AppLovin commands premium pricing. The stock trades at 22.6x forward earnings despite operating margins of 76.9% and ROE exceeding 200%, reflecting a business model that scales without proportional cost increases. Management expects the advertising market tailwinds to persist through 2025 as mobile ad spending continues displacing desktop and TV budgets.
- highHeavy insider sellingLast 10 disclosed transactions show $155.51M in sales vs $0 buys, signaling insiders distributing at current prices.
- highExtreme valuation multiplesP/S of 21.6x and EV/EBITDA 27.6x leave little margin for error; ACCE Quality score M:32 flags valuation risk.
- moderateElevated leverageDebt/Equity of 1.65 is meaningful for a high-growth ad-tech firm; any revenue deceleration could pressure debt servicing.
- moderateScore spike, quality lagACCE score jumped +35 in 90 days (29→64) but Momentum sub-score M:32 suggests the re-rating may be fragile.
Walk me through this stock
Plain-English pros, cons, and what to watch. Pro feature.
Price
Valuation
INVESTORSix independent models converge on one confidence-weighted fair value, with full methodology and editable assumptions.
- +All six models: DCF, P/E and EV/EBITDA comps, Graham, dividend discount, residual income
- +Scenario bands, sensitivity tornado, and the 5-year historical valuation range
- +Editable DCF workbench with saved scenarios
Quality
INVESTORThe full quality picture: conviction breakdown, earnings quality, score history, and backtested returns.
- +Conviction score breakdown and earnings-quality grade
- +Growth / value / quality / momentum component scores
- +90-day score history and score-threshold backtests
Analysts
Wall Street consensus
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
- +Price-target low / average / high vs the current price, with implied upside
- +Forward revenue and EPS consensus by fiscal year
- +ACCE fair-value models lined up against the Street
Smart Money
PROFollow the institutions: 13F position changes, insider trades, and active 13D activist filings.
- +Quarter-over-quarter institutional position changes
- +Recent open-market insider transactions
- +Active 13D activist filings and top holders
Compare
Where it sits vs peers
Algorithmic peers (6)
| Ticker | Company | Mcap | P/E | ROE | D/E | Yield | Quality | |
|---|---|---|---|---|---|---|---|---|
| PUB.PA | Publicis Groupe | $28.3B | 15.2 | 16.2% | 0.33 | 3.9% | - | Compare |
| OMC | Omnicom Group Inc. Common Stock | $21.0B | 206.9 | 6.0% | 0.76 | 4.2% | - | Compare |
| TTD | The Trade Desk Inc. Class A Common Stock | $6.6B | 16.6 | 15.4% | 0.03 | 0.0% | - | Compare |
| WPP.L | WPP plc | $5.5B | - | -6.6% | 1.94 | 3.9% | - | Compare |
| WPP | WPP plc American Depositary Shares | $5.5B | - | -6.6% | 1.94 | 4.0% | - | Compare |
| MGNI | Magnite Inc. Common Stock | $3.6B | 22.9 | 19.6% | 0.60 | 0.0% | - | Compare |
Sector report card
Where APP ranks against its sector peers on each metric.
News and Record
Press releases mentioning this company
- Business Wire•Sep 15, 2026Wurl Launches Content Intelligence Platform to Scale Advanced Targeting Across Streaming TV
- GlobeNewswire•Sep 15, 2026The Best Founders in America Oversubscribe Beanstalk 2026, Three Weeks Before Opening
- GlobeNewswire•Sep 7, 2026“Breaking Through and Reframing” Shenzhen Salon to Explore New Traffic Channels and Conversion Strategies for Independent E-Commerce
Ask anything, Pro feature
Ask questions about this stock in plain language. Answered from company fundamentals + recent valuations.