1Mon·

Citi reiterates buy recommendation for AppLovin shares ahead of Q2 earnings release

My dears, I too will remain invested.

And you my dear @Semos25

Citi has reiterated its Buy rating and $600.00 price target on AppLovin Corp (NASDAQ: APP ) ahead of the company's second quarter earnings report. The mobile technology company has delivered an impressive 294.89% return over the past year and continues to have a strong gross profit margin of 77.72%.

The mobile technology company is scheduled to release its second quarter 2025 financial results on Wednesday, August 6, after market close.

https://www.investing.com/news/analyst-ratings/citi-reiterates-buy-rating-on-applovin-stock-ahead-of-q2-earnings-93CH-4133705

19 Comments

SemiGrowth@SemiGrowth

1Mon

My first tenbagger hope

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~ S.@Semos25

1Mon

Aufjedenfall

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SemiGrowth@SemiGrowth

2Wk

@Semos25 @Tenbagger2024 figures are coming out again today. Let's see if we see a >+20% upward price movement again

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~ S.@Semos25

2Wk

@SemiGrowth I hope so. 🤲

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~ S.@Semos25

2Wk

@SemiGrowth does not look good 😡

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SemiGrowth@SemiGrowth

2Wk

@Semos25 Yes, expectations were clearly beaten. At 810M, profit was well above the 690M expected and sales were also around 60M above expectations. The sales outlook for the next quarter was 30M above expectations and the EBITDA outlook was 15M above expectations

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SemiGrowth@SemiGrowth

2Wk

@SemiGrowth So strong figures across the board. Maybe it will rise tomorrow

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~ S.@Semos25

2Wk

@SemiGrowth When the share price fell by 12%, my heart almost stopped

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SemiGrowth@SemiGrowth

2Wk

@Semos25 Relax. Growth continues to be extremely strong and the quarter ended with an incredible net margin of over 64%. This should make Applovin one of the most profitable companies in the world, even ahead of NVIDIA or Visa

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~ S.@Semos25

2Wk

@SemiGrowth thinking about whether I should buy more 🤔

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SemiGrowth@SemiGrowth

2Wk

@Semos25 the market apparently expected even more. Tomorrow will be exciting to see whether there is a countermovement or not

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SemiGrowth@SemiGrowth

2Wk

@Semos25 Apparently he was right

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~ S.@Semos25

2Wk

@SemiGrowth Yes, the figures were very good that the market reacted differently, it was just a bit strange, but now things are going as you have already written.

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View all 3 further answers

~ S.@Semos25

1Mon

What about $ELF?

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Tenbagger2024@Tenbagger2024

1Mon

@Semos25
On 30 the numbers come 🙈🙈

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~ S.@Semos25

1Mon

@Tenbagger2024 no wonder then

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