AppLovin · Tech
APP
$424.54
AppLovin Corporation is an American mobile technology company headquartered in Palo Alto, California.AppLovin公司是一家美国移动技术公司，总部位于加利福尼亚州帕洛阿尔托。
Secular growth长期成长
Large cap大盘
$144B
Engine stance引擎立场2026-07-20
Hold off — timing against you暂缓 — 时机不利
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
Key Statistics关键统计
Price价格
$424.54
42.1% below 52-week high低于52周高点 42.1%
Market Cap市值
$144B
Normal volume正常成交量
P/E Ratio市盈率
43.1x
40.2x sector median
Beta贝塔
2.18
Moves about 2.2x the market波动幅度约为市场的 2.2 倍
RSI (14)RSI（14）
36
Depressed偏低
Next Earnings下次财报
2026-08-05 (17d)
Volatility Rank波动率分位
83th pctile
hist. vol. percentile历史波动率分位数
Short Interest空头兴趣
3.6% of float
Performance价格表现
| Period周期 | APP | S&P 500 | vs Index对比指数 |
|---|---|---|---|
| 1 Week近1周 | -16.3% | -1.5% | Lagged the index by 14.8 points落后指数 14.8 个百分点 |
| 1 Month近1月 | -11.5% | +0.6% | Lagged the index by 12.1 points落后指数 12.1 个百分点 |
| 3 Months近3月 | -11.0% | +4.7% | Lagged the index by 15.7 points落后指数 15.7 个百分点 |
| 6 Months近6月 | -25.4% | +7.8% | Lagged the index by 33.2 points落后指数 33.2 个百分点 |
| Year to date年初至今 | -31.3% | +9.1% | Lagged the index by 40.4 points落后指数 40.4 个百分点 |
| 1 Year近1年 | +16.7% | +19.4% | Lagged the index by 2.7 points落后指数 2.7 个百分点 |
Technicals技术面
RSI (14)RSI（14）
36
Depressed偏低
vs 50-day相对50日均线
-16.0% vs 50-day avg
vs 200-day相对200日均线
-20.2% vs 200-day avg
Volatility rank波动率分位
83th percentile 分位
Engine reference levels — not advice引擎参考水平 — 非投资建议
Stop止损
$424.50
Blocked — failed cycle受阻 — 失败周期
Earnings财务业绩
17
days until next report天后公布财报
2026-08-05
Estimates roughly stable预期基本稳定
Post-earnings drift: +8.8% (20d)财报后漂移：+8.8%（20日）
Earnings call transcripts — coming soon财报电话会议记录 — 即将上线
Valuation估值
| Multiple指标 | APP | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/E (trailing)市盈率（历史） | 43.08x | 40.17 | 46% |
| P/B市净率 | 67.28x | 5.85 | 1% |
| P/S市销率 | 26.21x | 4.85 | 3% |
| Earnings yield盈利收益率 | 2.32% | 2.19 | 54% |
| Shareholder yield股东收益率 | 1.53% | 2.16 | 41% |
| EV/EBITDA企业价值/EBITDA | 33.28x | 29.30 | 44% |
Analyst price targets — coming soon分析师目标价 — 即将上线
Financials财务数据
Revenue营业收入
5yr CAGR5年复合增速: 18.4%
Earnings Per Share每股收益
5yr CAGR5年复合增速: 222.6%
Free Cash Flow自由现金流
Margins利润率
156.2%Return on Equity股本回报率
45.9%Return on Assets资产回报率
Leverage杠杆
| Net debt / EBITDA净债务/EBITDA | 0.24 |
| Current ratio流动比率 | 3.32 |
Capital Allocation资本配置
| Buybacks (TTM)回购（TTM） | $2.2B |
| Stock-based comp股权薪酬 | $210.4M |
| Share count change (1y)股数变化（1年） | -0.5% |
Piotroski皮奥特罗斯基 7/9
Altman Z阿尔特曼Z: safe (20.3)
Watch关注
Snapshot Gauges综合指标
Valuation vs Sector估值相对行业
Expensive vs sector相对行业偏贵
Cheaper than 24% of its sector on blended multiples综合估值倍数低于行业内 24% 的公司
Beta市场敏感度
2.18×
0.21×3×
Moves about 2.2× the market波动幅度约为市场的 2.2 倍
Financial Health财务健康
7/9
Altman阿尔特曼: safe
Strong financial health财务健康状况良好
Dividend分红
—
Does not pay a dividend不派发股息
Why Is It Moving为何波动
Sector / Theme行业/主题
AI Software & Platforms theme — #11 of 46 themes「AI 软件与平台」主题 — 46 个主题中第 11 位
Macro宏观
Rate risk runs through its market / growth beta, not a distinct duration leg.其利率风险通过市场／成长beta体现，并无独立的久期暴露。
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
NEARING A LOW → TOPPING接近低点 → 做顶中
Options Positioning期权持仓
Market makers are net short gamma — price moves may amplify做市商净持有负伽玛，价格波动可能被放大
Expected daily move预期日波动
±5.39%
Expected weekly move预期周波动
±12.05%
Call wall看涨密集区
$465
Put wall看跌密集区
$400
25d risk reversal25d风险逆转
-2.2%
Flow资金流向
$87M premium traded; 0% 0DTE; 64 fresh positions; P/C 1.63; ~leans bearish/hedging (direction approx)成交权利金 $87M；0DTE占0%；64个新建仓；看跌看涨比 1.63；≈偏看跌/对冲（方向近似）
Skew: 偏斜：balanced
Ownership & Smart Money持仓与聪明钱
Insider activity内部人员活动: -$376.8M net (0 buyers, 8 sellers)-$376.8M 净值（0 买家，8 卖家）
Concentrated ownership集中持仓
| Fund基金 | Grade评级 | Activity动作 | % of portfolio组合占比 | As of截至 |
|---|---|---|---|---|
| Dorsey Asset Management | B | New position新建仓 | 10.0% | 2026-03-31 |
| Lone Pine Capital | B | Adding加仓 | 4.7% | 2026-03-31 |
| D1 Capital Partners | A | Holding持有 | 2.4% | 2026-03-31 |
| Whale Rock Capital | A | trimtrim | 3.6% | 2026-03-31 |
| Coatue Management | A | trimtrim | 1.8% | 2026-03-31 |
| Tiger Global (Coleman) | B | trimtrim | 1.7% | 2026-03-31 |
| Durable Capital Partners | B | exitexit | 0.0% | 2026-03-31 |
Signal History信号历史
DECLINE
DOWNTREND
Jul 15, 2026
NEARING A LOW → TOPPING接近低点 → 做顶中
SELL SETUP卖出预备
Jul 14, 2026
DOWNTREND → NEARING A LOW下跌趋势 → 接近低点
GET READY准备
Jul 13, 2026
NEARING A LOW → DOWNTREND接近低点 → 下跌趋势
AVOID回避
Jul 13, 2026
APP broke down vs the marketAPP 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $442.85.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$442.85。
Jul 13, 2026
APP daily MACD crossed downAPP 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $442.85.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$442.85。
Jul 10, 2026
NEARING A HIGH → NEARING A LOW接近高点 → 接近低点
GET READY准备
Jul 9, 2026
BUY ZONE → NEARING A HIGH买入区 → 接近高点
TAKE PROFITS止盈
Jul 8, 2026
NEARING A HIGH → BUY ZONE接近高点 → 买入区
BUY买入
Jul 7, 2026
BUY ZONE → NEARING A HIGH买入区 → 接近高点
TAKE PROFITS止盈
Jul 7, 2026
APP lost its 200-day averageAPP 跌破200日均线
Price closed below the 200-day moving average — the classic bear dividing line. $527.98.收盘跌破200日均线 — 经典的空头分界线。$527.98。
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Factor Profile因子特征
Composite factor score综合因子得分: -0.86
Value价值
-1.1
Quality质量
+0.6
Investment资本投入
-0.9
Shareholder payout股东回报
-0.6
Low volatility低波动
-2.2
Low market beta低市场敏感度
-1.8
Earnings quality盈利质量
+0.8
Short interest空头兴趣
+0.9
Company Profile公司档案
AppLovin Corporation is an American mobile technology company headquartered in Palo Alto, California.AppLovin公司是一家美国移动技术公司，总部位于加利福尼亚州帕洛阿尔托。
Demand chain:需求链： Headcount contracting (-52% YoY to ~0.4k) — the company's revealed hiring bet员工人数收缩（同比-52%，约 0.4k）——公司用招聘表达的需求押注
Watch items — what could change the thesis关注项 — 可能改变论点的因素
- Receivables stretch
Get the full picture获取完整视图
Nightly signals, options flow, and factor analysis across all S&P 500 names.每日更新的信号、期权资金流向和因子分析，覆盖所有标普500成分股。