Applovin Corp

APP remains in a Stage 4 decline with confirmed lower highs and lower lows, trading below declining EMAs. Medium-term bias is bearish while short-term oversold conditions suggest waiting for a relief rally. Execution is deferred, favoring trims on rallies into the 9/21 EMA cluster near prior support-turned-resistance.

• ↑Q1 2026 revenue rose 59% YoY to $1.84 B with an 85% EBITDA margin.
• ↑Advanced AI integration improves ad targeting and performance.
• ↓Negative book-to-price ratio suggests potential overvaluation.