Quick Read – APP grew revenue 53%, expanded adjusted EBITDA margins to 84%, and earns a BUY with a $549 price target implying 31% upside. – APP’s 76% operating margin dwarfs Meta’s 42% and Trade Desk’s 15%, making its valuation premium look earned against slower-growing peers. -…
pLovin (NASDAQ: APP) delivered strong results. Revenue accelerated to $1.92 billion, up 52.82% year over year, GAAP EPS of $3.76 topped the $3.7549 consensus, and adjusted EBITDA margin expanded to 84%
Our 24/7 Wall St. price target for APP is $548.60, implying 31.31% upside from the current $417.80. We rate APP a buy with high confidence. 24/7 Wall St. Price Target Summary Why APP Trades Well Below Its December Peak APP is down 38% year to date and 23.17% in the past month after peaking near $677.30 in December 2025.
The stock bounced 4.59% in the past week and sits about 12% below the 52-week high of $745.61. Q2 marked the fourth consecutive GAAP EPS beat, with operating income climbing 56.03% and net income rising 54.54%. Management guided Q3 revenue to $2.055 billion to $2.085 billion, extending the acceleration.