We came across a bullish thesis on AppLovin Corporation on Compounding Your Wealth’s Substack by Sergey. In this article, we will summarize the bulls’ thesis on APP. AppLovin Corporation's share was trading at $651.18 as of September 23rd. APP’s trailing and forward P/E were 89.45 and 48.08, respectively according to Yahoo Finance. AppLovin Corporation (APP) delivered an exceptional Q2 2025, posting revenue growth of 77% YoY, driven by its transition from a mobile gaming publisher to a pure-play AI-power ...