Stock Valuation / APP
Is AppLovin Corporation (APP) Overvalued? Fair Value & 5-Year Target
AppLovin Corporation trades at $272.28 (P/E 20.93). Our reference model estimates a fair value of $543.46 at its recent average P/E of 41.77.
| Current price | $272.28 |
|---|---|
| Current EPS | $13.01 |
| Current P/E | 20.93 |
| Average P/E | 41.77 |
| Fair value (at avg P/E) | $543.46 |
| Upside to fair value | +99.6% |
| Illustrative 5-yr target (25× P/E, 15% growth) | $654.19 |
What drives APP's valuation
Changing either assumption moves the target: a higher P/E multiple or faster EPS growth raises fair value, a lower multiple or slower growth lowers it. The interactive dashboard lets you edit both and re-run the model instantly.
About AppLovin Corporation
AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. It operates through two segments, Advertising and Apps. The company offers Axon Ads Manager, a suite of marketing solutions that enables developers to automate, optimize, and manage marketing efforts; MAX, an in-app bidding technology that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform; and Wurl, a connected TV platform, which distributes streaming video for content companies, provides advertising and publishing solutions. It serves
Frequently asked questions
What is APP's fair value?
At its recent average P/E of 41.77, AppLovin Corporation (APP) has a reference fair value of about $543.46, which is +99.6% versus the current price of $272.28.
Is AppLovin Corporation (APP) overvalued or undervalued?
Based on the average-P/E reference model, AppLovin Corporation looks undervalued relative to fair value by roughly +99.6%. This is a model output, not investment advice — change the P/E and growth assumptions in the dashboard for your own view.
What is a 5-year price target for APP?
Under an illustrative model of 25× P/E and 15% annual EPS growth, the implied 5-year target is $654.19. Adjust both inputs on the interactive page to match your assumptions.
Open the interactive APP valuation dashboard →
Figures are for informational purposes only and are not investment advice. Data as of 2026-10-14.