$APP is disgustingly UNDERVALUED. 1. Gaming Market will have a 10.2% CAGR. 2. AppLovin Ads Manager was opened. Which will drive growth through mid-market advertisers, with an initial target on e-commerce companies. 3. The company believes it can compound roughly 30% annually over the long term by improving games and expanding consumer offerings across multiple advertiser categories. Analysts don't believe this creating a detached stock price. 4. Analyst mid-point price targets sit 72% higher from today's stock price at $533. I believe that the growth story for $APP isn't over by a long shot and neither does management. IF they can show reacceleration the next few quarters then we will see a significant rerate and premium on this company again.
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