Prediction: 2 Stocks That Will Be Worth More Than AppLovin 2 Years From Now

AppLovin (NASDAQ: APP), a publisher of mobile games and app monetization tools, went public on April 15, 2021, at $80. Today, its stock trades at about $315 -- so a $10,000 investment would have grown to over $39,000 in less than four years.Back in 2022, AppLovin's revenue growth flatlined and it racked up a net loss as it grappled with inflation, rising rates, and other macroeconomic headwinds for the digital advertising market. That pressure offset all of its inorganic gains from its $1.1 billion takeover of MoPub. But in 2023, its revenue rose 17% and it turned profitable again as the digital advertising market stabilized.In 2024, AppLovin's revenue surged 43%, its net income skyrocketed 343%, and its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 81%. That growth was driven by the growing adoption of its artificial intelligence (AI)-powered AXON ad discovery services and a warming micro environment.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool