APP
NasdaqAppLovin Corp
Communication Services, Advertising
$346.80
close 7 Aug 2026
-25.51%
52-week change
$116.06B
market cap
$332.19
$745.61
52-week range
Expected price
Expected price
$827.25 – $1,011.09
Current price
$346.80
Signal
Could be undervalued
A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.
Current multiples
P/E (TTM)26.66x
P/S (TTM)16.99x
P/B36.69x
EV/EBITDA (TTM)21.42x
FCF yield (TTM)3.88%
PEG (TTM, GAAP)—
Context
P/E, own 5-year average135.35x
P/E, sector median16.67x*
Price at 5-year median P/E$904.73*
Forward — analyst consensus
Forward P/E (FY2026)22.02x*
Forward P/E (FY2027)16.76x
Forward PEG0.70*
Consensus EPS FY2026 (24 analysts)$15.75
EPS growth (FY2026→FY2027)31.38%
Revenue growth (FY2026)48.76%
Street view
Price target (mean)$569.50*
Target upside64.22%
Ratings (buy / hold / sell)27 / 5 / 0
FY2026 EPS revisions, 30d (up / down)1 / 2
5-year history
Dashed line: average of month-end values
P/E (TTM)
P/S (TTM)
P/B
FCF yield (TTM)
period to 30 Jun 2026, filed 5 Aug 2026, close 7 Aug 2026
Discounted cash flow
Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.
Free cash flow, last ten years and TTM
5Y CAGR +78.16%
Assumptions
As filed — not assumptions
Current price$346.80
Cash & equivalents$3.05B
Total debt$3.52B
Shares outstanding334.65M
Result
DCF price per share$1,407.09
Current price$346.80
Margin of safety+305.73%
PV of years 1–10$109.63B
PV of terminal value$361.71B
Equity value$470.88B
Market-implied growth+6.71%
Projected FCF, years 1–10
Hover for PV and growth
Projection detail
Override growth for any year; blank years use the uniform rate
| Year | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 | 2035 | Terminal |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth, % | 2.5 | ||||||||||
| FCF | $5.62B | $7.03B | $8.79B | $10.98B | $13.73B | $17.16B | $21.45B | $26.82B | $33.52B | $41.90B | $780.91B |
| PV | $5.21B | $6.03B | $6.98B | $8.07B | $9.34B | $10.82B | $12.52B | $14.49B | $16.77B | $19.41B | $361.71B |
period to 30 Jun 2026, filed 5 Aug 2026, close 7 Aug 2026