APP
AppLovin Corporation Technology - Mobile Apps Investor Relations →
AppLovin Corporation (APP) closed at $406.72 as of 2026-02-02, trading 133.0% above its 200-week moving average of $174.58. The stock is currently moving closer to the line, down from 173.8% last week. The 14-week RSI sits at 34, indicating neutral momentum.
Over the past 203 weeks of data, APP has crossed below its 200-week moving average 1 time. On average, these episodes lasted 96 weeks. The average one-year return after crossing below was -73.5%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $137.6 billion, APP is a large-cap stock. The company generates a free cash flow yield of 1.8%. Return on equity stands at 241.9%, indicating strong profitability. The stock trades at 93.4x book value.
The company has been aggressively buying back shares, reducing its share count by 9.3% over the past three years.
Over the past 4 years, a hypothetical investment of $100 in APP would have grown to $764, compared to $162 for the S&P 500. That represents an annualized return of 66.2% vs 12.8% for the index — confirming APP as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 79.8% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: APP vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After APP Crosses Below the Line?
Across 1 historical episodes, buying APP when it crossed below its 200-week moving average produced an average return of -70.0% after 12 months (median -70.0%), compared to -8.0% for the S&P 500 over the same periods. After 24 months, the average return was +30.0% vs +19.0% for the index.
Each line shows $100 invested at the moment APP crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
APP has crossed below its 200-week MA 1 time with an average 1-year return of +-73.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2022 | Jan 2024 | 96 | 82.1% | -73.5% | +661.1% |
| Average | 96 | — | +-73.5% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02