Applovin Corp (APP: NSD) has been a breakout star over the past year, surging an impressive 267%. But according to analysts, there’s still room for significant growth.
Stock Target Advisor Analysis on Applovin:
Stock Target Advisor’s current stock rating for APP is a Hold. In contrast, the average analyst target price for Applovin Corp has been put at $81.66, with an average rating of Strong Buy. The disparity in analysts’ opinions suggests careful evaluation is necessary for potential investors.
This is based on an evenly balanced mix of six positive and six negative signals, leaving a nuanced assessment of the stock’s potential. On the positive side, a strong cash flow, superior return on assets and equity, and the company’s high market capitalization are compelling indicators. However, we also observe a few negative signals including the stock being overpriced compared to its book value and earnings, coupled with high volatility and potential leverage concerns.
Applovin: An Overview of Financial Performance
On reviewing Applovin’s trailing 12-month returns, the stock shows a year capital gain of 244.79%. This ranks high, with the Sector Percentile Ranking for Capital Gain for 1 Year at 95.32%. APP’s total return for the same period also stands at 244.79%, with a similarly high sector percentile ranking for total return.
To get a holistic view of APP’s performance, a 5-year growth analysis is necessary. Prospective investors should examine the company’s growth trajectory over half a decade to assess the reliability of returns.
Conclusion:
Investors looking for high-growth opportunities at a reasonable price may want to consider adding Applovin to their watchlists.
