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Barchart

Faisal Humayun Khan

As Cash Flows Swell, The Market Will Start Loving AppLovin Stock

AppLovin APP Edgewater

AppLovin (APP) seems to be missing all of the love technology stocks have been receiving from the markets. While the company is not directly related to AI-driven tailwinds, growth and cash flows point to significant value creation potential.

Recently, Edgewater Research raised its rating for the mobile-advertising company to “Outperform.” Edgewater believes that AppLovin has maintained strong performance in terms of user acquisition and monetization. Further, the “the migration of premium In-App Purchase (IAP) holdouts to the ad-supported model” is likely to benefit AppLovin.

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