Valuation models
price $228.50 · as of Nov 2, 2026
DCF · Perpetuity growth · 5yused203.29 – 248.80223.722% overvaluedDCF · Perpetuity growth · 10y255.81 – 316.08282.8619% undervaluedDCF · EBITDA exit · 5y309.86 – 334.90322.0629% undervaluedDCF · EBITDA exit · 10y342.01 – 392.18365.9938% undervaluedP/E · peers73.60 – 359.76216.685% overvaluedP/E · own history567.85 – 1,852.50836.0173% undervaluedPEG—392.8842% undervaluedEV/EBITDA · peers150.66 – 205.20163.8339% overvaluedEV/Revenue · peers6.13 – 45.6822.64909% overvaluedEarnings power value27.23 – 35.2430.77643% overvaluedWall St. consensus target—440.0048% belowCost of capital (WACC)—12.86%—
DCF · Perpetuity growth · 5y leads for a software company — positive operating income and three years of positive free cash flow. How the headline model is chosen.
Model value · DCF · Perpetuity growth · 5y
223.72
AppLovin closed at $228.50 — overvalued by 2% vs model.
203.29the model's range248.80
DCF · Perpetuity growth · 5y leads for a software company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.
Other models
22.64 – 836.01
Wall St. target
440.00 48% below
Above model, 1y
21 of 30 days
How it is valued
Valued asSoftware
High revenue growth (~73% recent)High profitability (61% net margin)Highly cyclical earningsStrong FCF yield (5.1%)
Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.