AppLovin Attracting Big Money

AppLovin develops and operates a mobile marketing platform. The company helps developers monetize and improve marketing of their applications. APP has found a niche in the mobile gaming industry, using AI and data to drive marketing opportunities.

As for its finances, APP is projected to produce per-share earnings for the year of $3.46, which is an increase of 253.1% from the year prior. For its next fiscal year, APP has a consensus earnings estimate of $4.51, which would mean a jump of 30.4% from a year ago.

It’s no wonder APP shares are up 299% this year – and they could rise more. MAPsignals data shows how a rare bullish signal reflects Big Money investors are betting heavily on the forward picture of the stock.

Big Money Loves AppLovin

Institutional volumes reveal plenty. In the last year, APP has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in APP shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with AppLovin.

AppLovin Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, APP has strong sales and earnings growth:

• 3-year sales growth rate (+36.4%)
• 1-year earnings growth rate (+33.5%)

Source: FactSet

Also, APP sports a profit margin on +10.8%.

Now it makes sense why the stock has been powering to new heights. APP has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

AppLovin has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report multiple times in the last year, with more potentially on the horizon. The blue bars below show when APP was a top pick…sending share values up:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

AppLovin Price Prediction

The APP rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in APP at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.