AppLovin: a very risky but plausible rebound opportunity to keep an eye on!

New AI models and margins of over 80% show that AppLovin's business model is intact and the growth story could gain new momentum!
Leonid Kulikov
L. Kulikov
Reading Time: 1 minute

With the record quarter, AppLovin has temporarily silenced the doubters. Revenue rises by 55% to around 2.19 billion USD, the adjusted EBITDA margin stands at an impressive 84%, and the outlook for the fourth quarter clearly exceeds expectations. For me, particularly important: CEO Adam Foroughi attributes the weakness in the previous quarter to a self-inflicted error rather than lost market shares. However, technically, the stock is under pressure . From a peak of around 740 USD to the recent low of about 250 USD, it has lost about two-thirds...

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