Macquarie analyst Tim Nollen maintains $Applovin (APP.US)$ with a buy rating, and sets the target price at $450.
According to TipRanks data, the analyst has a success rate of 51.1% and a total average return of 19.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Applovin (APP.US)$'s main analysts recently are as follows:
The firm became increasingly positive on the company's potential for growth in mobile gaming and eCommerce sectors after discussions with company management. This optimism has led to an adjustment in their growth forecast and a reevaluation of the valuation multiple to better match that of the company's peers. Management highlighted ongoing improvements in their business model, initial successes in their venture into eCommerce, and opportunities for enhanced conversion rates.
AppLovin's entrance into e-commerce advertising is seen as a significant expansion beyond its effective mobile gaming sector, potentially accessing a market exceeding $120 billion. The company is believed to be well-positioned for success, benefiting from a robust financial architecture and a significant opportunity within the e-commerce segment.
AppLovin's Software Platform business is seeing benefits from AXON 2.0, which offers a competitive edge by effectively utilizing data from its leading mediation platform. This enhancement improves the precision of predictive algorithms used in AppDiscovery. Additionally, there's increased confidence in AppLovin's venture into the e-commerce advertising sector. Simultaneous maintenance of cost discipline is expected to broaden the company's adjusted EBITDA margin and bolster free cash flow generation.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
麦格理集团分析师Tim Nollen维持$Applovin (APP.US)$买入评级，目标价450美元。
根据TipRanks数据显示，该分析师近一年总胜率为51.1%，总平均回报率为19.2%。
此外，综合报道，$Applovin (APP.US)$近期主要分析师观点如下：
与公司管理层的讨论后，该公司对其在移动arvr游戏和电子商务板块的增长潜力愈加积极。这种乐观情绪导致他们的增长预测进行了调整，并重新评估了估值倍数，以更好地与公司同行相匹配。管理层强调了其业务模式的持续改善，在电子商务领域初步成功的开拓，以及提高转化率的机会。
AppLovin进入电子商务广告被视为其在有效的移动arvr游戏板块之外的重要扩展，潜在市场超出1200亿人民币。人们相信该公司处于成功的良好位置，受益于强大的财务架构以及电子商务板块内的重要机会。
AppLovin的软件业务正在受益于AXON 2.0，这通过有效利用其领先的调解平台数据提供了竞争优势。这一增强改善了AppDiscovery中使用的预测算法的准确性。此外，人们对AppLovin在电子商务广告板块的创业公司有了更大的信心。同时，预计对成本纪律的持续维护将拓宽公司的调整后EBITDA利润率，并增强自由现金流的产生。
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
