Applovin Corp Stock Price, News & Analysis

AppLovin (NASDAQ: APP) has announced the retention of Alex Spiro, partner and Co-Chair of the Investigations, Government Enforcement & White Collar Defense Practice at Quinn Emanuel Urquhart & Sullivan, to conduct an independent investigation into recent short report activity targeting the company.

The investigation demonstrates AppLovin's commitment to transparency and protecting its stakeholders' interests. CEO Adam Foroughi emphasized the company's determination to defend against market manipulation through false narratives.

AppLovin, which provides end-to-end software and AI solutions for businesses to reach, monetize and grow their global audiences, will thoroughly examine the circumstances and motivations behind the dissemination of potentially misleading information.

Wurl, a streaming TV industry leader, has released its latest CTV Trends Report, highlighting key developments in the Connected TV (CTV) industry. The report reveals that CTV now represents 41% of total TV time, though several metrics are showing signs of stabilization.

Key findings indicate that while Average Session Length grew in Q4 2024, it hasn't fully recovered from mid-2023's 16% decline. Hours of Viewing (HOV) shows modest growth with a projected 3% increase in Q1 2025. Ad Load has stabilized at approximately 9 minutes per hour, significantly below linear TV's 15 minutes. Ad Fill Rates are trending lower as CTV supply exceeds advertiser demand.

The report suggests that while streaming TV has become a primary viewing destination, there's untapped potential in both viewer engagement and monetization. The industry faces challenges in sustaining growth amid changing media consumption patterns, particularly as ad-supported models gain prominence.

Adjust's Gaming App Insights 2025 report reveals a resilient gaming industry recovery after 2023, with global gaming app installs rising 4% YoY in 2024, despite a slight -0.6% dip in sessions. MENA (+10%) and LATAM (+8%) led install growth, while North America saw declines in both installs (-11%) and sessions (-14%).

The report highlights significant trends across gaming subverticals:

• Hyper casual games maintained highest install share (27%) but only 11% of sessions
• Strategy apps showed highest YoY install growth (83%)
• Action games averaged 45.15-minute sessions
• RPG saw 32% install growth but 12% session decline

Gaming ATT opt-in rates increased to 37.9% in Q1 2025, with arcade games seeing the largest jump to 59.3%. Key industry shifts include AI-driven personalization, hybrid monetization strategies, cross-platform play expansion, and emerging user acquisition channels like CTV and influencer marketing.

AppLovin (NASDAQ: APP) reported strong financial results for Q4 and full year 2024. Total revenue reached $1.37 billion in Q4 (up 44% YoY) and $4.71 billion for the full year (up 43% YoY). Advertising revenue grew 73% to $999.5 million in Q4, while Apps revenue slightly declined 1% to $373.3 million.

The company's net income surged 248% to $599.2 million in Q4 and 343% to $1.58 billion for the full year. Adjusted EBITDA increased 78% to $848 million in Q4, with a margin of 62%. Free Cash Flow was $695 million for Q4 and $2.1 billion for the full year.

For Q1 2025, AppLovin expects total revenue between $1.355-1.385 billion and Adjusted EBITDA between $855-885 million, with an expected margin of 63-64%. During 2024, the company retired 25.7 million shares for $2.1 billion, ending Q4 with 340 million shares outstanding.

Adjust's Mobile App Trends 2025 report reveals strong growth in the app economy, with global app installs rising 11% YoY in 2024 and sessions growing 4%. The report highlights the increasing role of AI in marketing operations and campaign measurement.

Key findings show e-commerce installs growing 17% YoY with sessions up 13%, particularly strong in MENA (+55% installs) and LATAM (+27% installs). Gaming apps saw a 4% install growth, with hyper casual games dominating at 27% of total installs. Finance sector showed remarkable growth with banking app installs up 33% and crypto app sessions increasing 45%.

Privacy trends indicate growing consumer trust, with App Tracking Transparency opt-in rates reaching 35% globally by Q1 2025. Gaming apps lead with 39% opt-in rates, while e-commerce apps improved from 28% to 35%.

AppLovin (NASDAQ: APP) has announced it will release its fourth quarter and fiscal year 2024 financial results on Wednesday, February 12, 2025, after U.S. market close. The company will host a webinar at 2:00 PM PT / 5:00 PM ET on the same day.

The webinar will feature Adam Foroughi, Co-founder and CEO, and Matthew Stumpf, CFO, who will discuss quarterly results and provide business performance commentary. Interested parties can access the webinar through the company's investor relations website or via webinar registration. A replay will be available afterward in the Events & Presentations section.

The9 (NCTY) has announced a new joint venture agreement with Shenzhen JiTuo Interactive Technology, an AI algorithms mobile advertising company in China. The9 will hold a 51% controlling stake in the venture, which will focus on AI-driven mobile advertising and marketing solutions for The9's upcoming games, including MIR M.

JiTuo has committed to achieving an annual profit of RMB20 million (US$2.8 million) in 2025, with a 50% yearly profit growth in 2026 and 2027. The9 will grant JiTuo 28,110,000 restricted shares (93,700 ADSs), unlocked based on profit achievement. The joint venture will leverage JiTuo's AI model and data algorithm system to optimize advertising placement and app store performance.

AppLovin (NASDAQ: APP) has priced a $3.55 billion senior notes offering, consisting of four tranches: $1 billion of 5.125% notes due 2029, $1 billion of 5.375% notes due 2031, $1 billion of 5.500% notes due 2034, and $550 million of 5.950% notes due 2054. The company plans to use the proceeds to repay its senior secured term loan facilities due 2028 and 2030, with any remaining funds allocated for general corporate purposes. The notes will be senior unsecured obligations without subsidiary guarantees, with the offering expected to close on December 5, 2024.

AppLovin (NASDAQ: APP) has announced a proposed public offering of senior notes. The company plans to use the proceeds to fully repay its senior secured term loan facilities due 2028 and 2030, with any remaining funds allocated for general corporate purposes. The notes will be senior unsecured obligations without subsidiary guarantees. J.P. Morgan Securities, BofA Securities, and Morgan Stanley will serve as joint book-running managers. The offering is being made through an effective shelf registration on Form S-3 filed with the SEC.