AppLovin EPS Estimates Jump 101% to $3.36 with 19.2% Revenue Growth Forecast
AppLovin shares fell 31.3% last month versus a 14.7% drop in Technology Services peers, while consensus EPS for the current quarter rose 6.8% to $3.36, up 101.2% year-over-year. Current quarter revenue is projected at $1.77 billion (+19.2% YoY) but a D valuation grade and Hold (#3) rating signal limited upside.
1. Recent Share Performance
Over the past month AppLovin shares fell 31.3% compared with a 14.7% decline in Technology Services peers and a 1.7% drop in the S&P 500 composite.
2. Earnings Estimate Revisions
Analyst EPS estimates for the current quarter rose 6.8% to $3.36, a 101.2% year-over-year increase; full-year EPS forecasts climbed to $15.59 (+55.3% YoY) and next fiscal year to $20.28 (+30.1%), resulting in a Hold rating (#3).
3. Revenue Projections and Recent Results
Current quarter revenue is forecast at $1.77 billion (+19.2% YoY), annual sales are projected at $7.93 billion (+36.6%) and $10.38 billion (+30.9%) next year. Last quarter the company reported $1.66 billion in revenues (+20.8% YoY) with a 2.9% surprise and EPS of $3.24 (+12.1% surprise).
4. Valuation Assessment
The stock’s valuation metrics carry a D grade, indicating a premium price relative to peers and suggesting limited upside potential.