Are you looking for a technology based stock that has huge profit potential to buy? The right place to look at is the Applovin Stock (NASDAQ:APP).
In this article, we will show you all you need to know about the Applovin Stock, how you can buy the stock with ease, and expert price prediction of APP stock.
What is Applovin Stock?
This is the financial instrument of a company called Applovin Corporation, a mobile application technology company with headquarters in Palo Alto, California, United States, through which its shares are sold to the public. The company employs 1,594 staff and has a trailing one-year revenue of about $2.8 billion.
Applovin went public on April 15, 2021 with its IPO priced at $80 a share in the NASDAQ exchange under the ticker symbol ‘APP’. APP stock traded only as high as $71.51 and ended at $65.20 on the first day. APP stock then went on a-4 week plunging downward to 49.41 on May 13, 2021.
Applovin owns a portfolio of over 200 free-to-play games like project Makeover, Wordscapes, and Dingbats. It also recorded some growth beyond this by buying smaller studios and signing new partnerships over the past two years, and more than 200 million people now play its games every month.
Applovin operates Lion Studios that work with game creators to promote and publish their mobile games. The company has huge investments in various mobile game publishers, making about 49 percent of its revenue from businesses using its software and the remainder from consumers making in-app purchases.
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The Applovin Corporation’s software solutions provide sophisticated tools for mobile app creators to design and develop their business transactions. It also helps in programming and optimizing the marketing system and selling of apps such that its functional solutions are delivered through the Applovin Core Technologies and Applovin Software Platform.
Applovin Core Technologies is first layer technology infrastructure which powers its Software Platform and its Apps.
Is Applovin Stock a Good Buy?
The answer is yes. Some evidence from Wall Street shows consensus among 13 analysts covering (NASDAQ: APP) stock is to Strong Buy APP stock. Also, the consensus among another set of 4 Wall Street analysts covering Applovin stock is Strong Buy.
A team of 10 Penworld Gurus analysts carried out sell or buy investigation of the APP Stock. 5(50%) support a strong buy, 3(30%) support a buy, 2(20%) supports hold, and 0(0%) supports a sell.
Valuation metrics show that Applovin Corporation is undervalued at $36.01 by 12%. This means that APP stock is yet to attain its actual market value. It also supports the conclusion that APP stock has growing prospect.
APP stock Value-Score of B indicates it would be a good buy for value investors. Its Growth Score of B indicates a healthy financial lever with huge growth potential for better performance.
Will APPS Stock Go Back Up?
Based on Penworld Gurus forecast of Applovin stock price, a long-term increase is expected, the average stock price prediction for 2025-12-31 is about $125.35. With about 3-year investment, the revenue is expected to be around +248.09%.
According to 20 stock analysts, the average 12-month stock price forecast for Applovin stock is $73.37, which predicts an increase of 103.75%. The lowest target is $43.43 and the highest is $123.9. On average, analysts rate Applovin stock as having growing potential into the future.
How to Buy Applovin Stock
To buy the Applovin Stock you must follow the steps below:
Step 1: Compare Trading Platforms
This will help you make a good choice of brokerage that suits your investment target. Use some comparison tables to help you find a platform that fits you.
Step 2: Open Your Brokerage Account.
This is your trading account to be opened with the brokerage firm. You must complete an application with your details and follow other procedures required by your broker.
Step 3: Confirm Your Payment Details.
You need to deposit sufficient money to your account so that you can trade. Ensure your payment detail is correct before you make such transfer using appropriate payment means.
Step 4: Research the Stock
Conduct a research online to locate the stock you want to buy. Find the stock by name or ticker symbol, in this case, APP, and research it before deciding if it is a good investment for you now.
Step 5: Purchase Now or Later
Buy your preferred quantity of APP stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 6: Check In On Your Investment.
Optimize your portfolio by tracking your stock regularly so as to know when your investment target is attained.
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Applovin Stock Price Prediction – 2022, 2023-2033
This prediction used Moving Average model on APP historical price data, augmented by stock fundamental analysis.
Applovin Stock Price Prediction 2022
Applovin Stock price is estimated to peak at $79.85 by the end of 2022. The price will drop to as low as $36.42. Given that it is expected to be held for long-term, its average price is projected to $58.13. Volatility is about 6%.
Applovin Stock Price Prediction 2023
Due to the prevailing market dynamics, Applovin Stock looks set to follow the bullish curve.
In 2023, the price of Applovin Stock is expected to worth a maximum value of $101.54. The minimum price is expected to hit approximately $62.11 on a bullish target. The average price is estimated as $81.82 with about 11% volatility.
Applovin Stock Price Prediction 2024
In 2024, analysts predict that the Applovin Stock maximum trading price is $120.81 and the minimum price is projected to hit $89.34. All things being equal, the average price is estimated at $105.07 and 8% price volatility is estimated.
Applovin Stock Price Prediction 2025
At this time, there is optimism that the Applovin Stock will attract much more investors’ confidence.
The year 2025 is expected to end with a maximum price of $150.62 and a minimum price value of $100.09. The average price is projected to $125.35 given a stable market condition. Volatility is estimated at 12%.
Applovin Stock Price Prediction 2026
A technical analysis by our stock experts shows that the price of Applovin Stock in 2026 is expected to attain $109.63 minimum and $159.07 maximum. The average expected trading value is $134.35, with volatility measured as 7% on the average during the year.
Applovin Stock Price Prediction 2027
Based on the aggregate point predictions of stock analysts, the estimated average price of Applovin Stock will be around $144.94. There is high average volatility of 14% in 2027. It is predicted to go up to a minimum of $117.59 and reaching a peak at $172.30.
Applovin Stock Price Prediction 2028
There is enough historical price-data at this time which enables our analysts to make more accurate prediction.
The year 2028 is expected to see the maximum Applovin Stock price of $180.45 and a minimum of $132.70. The expected average trading price is around $156.57 with 10% volatility estimated.
Applovin Stock Price Prediction 2029
There is a more stable price through the year. It is assumed that in 2029 there will be $148.85 minimum price and $200.10 maximum price value.
On the average, the trading price will be around $174.47 as the Applovin Stock looks bullish in the face of high volatility of 15%.
Applovin Stock Price Prediction 2030
The stock’s prevailing price range will be attractive to investors and inspire aggressive investors to put money.
Experts predict that Applovin Stock will attain $225.67 by the year 2030 with the minimum price value expected to hit $175.00. The average price of $200.33 is projected for the year with volatility measured at 17%. It means that Applovin Stock will attain about $200 per share in 2030.
Applovin Stock Price Prediction 2031
Analysts consider Applovin Stock very persuasive for both short term and long term investors.
It is expected that by the end of 2031 the stock will trade between $195.78 and $243.86. On the average the Applovin Stock will trade at $219.82 in 2029. Average Price volatility is estimated at 15% during the year.
Applovin Stock Price Prediction 2032
By this year, experts are optimistic about high price. Minimum projection is $213.55 with the possible peak reaching $250.74.
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On the average, it is expected that the price is around $232.14 in 2032. A huge price turnover is expected within the range defined by the stock market, but with high volatility measured at 21%.
Applovin Stock Price Prediction 2033
A combination of fundamental and technical analyses by our stock experts reveals that the price of Applovin Stock in 2033 is expected to attain $237.89 minimum and $265.39 maximum.
The average expected trading value of Applovin Stock projected at $251.16. Price volatility is 12% and within acceptable range.
