What Is APP Fair Value?
AppLovin Corporation (APP) fair value estimate using multiple valuation models, updated daily.
As of September 15, 2026, AppLovin Corporation (APP) has a composite fair value estimate of $246.07 based on four valuation models: DCF (41% weight), Graham Number (29% weight), PEG (29% weight), and DDM (0% weight). The current market price is $331.46, suggesting the stock is overvalued by 25.8%.
Data as of September 15, 2026 (today)
Composite Fair Value
Overvalued3 of 4 models$246.07
vs. current price of $331.46(-25.8%)
How Is APP Fair Value Calculated?
Four independent models estimate what APP is worth. Each uses different inputs and assumptions. The composite blends them by weight.
APP Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
41% weightEstimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →
$233.35
-29.6%Overvalued
Inputs used
DDM (Dividend Discount Model)
0% weightIf a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →
N/A
This stock does not pay a dividend, so the DDM cannot be applied. The composite adjusts by redistributing this weight to the other models.
APP Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
29% weightCreated by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →
$57.66
-82.6%Overvalued
Inputs used
PEG (Price/Earnings to Growth)
29% weightChecks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.
$394.64
+19.1%Undervalued
Inputs used
What If You Change the Assumptions?
Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.
Your DCF Fair Value
Current price $331.46 is 29.6% above this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $3.97B | $3.38B |
| Year 2 | $4.97B | $3.59B |
| Year 3 | $6.21B | $3.81B |
| Year 4 | $7.76B | $4.04B |
| Year 5 | $9.70B | $4.30B |
| Year 6 | $12.13B | $4.56B |
| Year 7 | $15.16B | $4.84B |
| Year 8 | $18.95B | $5.14B |
| Year 9 | $23.69B | $5.46B |
| Year 10 | $29.62B | $5.80B |
| Terminal Value | $199.65B | $39.11B |
What Are APP's Key Financial Metrics?
Earnings & Growth
Current Price
$331.46
EPS (TTM)
$13.00
Forward P/E
15.8
Profit Margin
64.6%
Cash & Balance Sheet
Free Cash Flow
3.2B
EBITDA
5.4B
Book Value
$9.43
Total Debt
3.5B
What Do Analysts Say About APP?
Low
$325.00
Average
$501.94
High
$790.00
Upside
+51.4%
APP Fair Value FAQ
What is the fair value of APP?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), APP's estimated fair value is $246.07. The stock is currently trading at $331.46, which makes it overvalued by our analysis.
How is APP's fair value calculated?
We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.
Is APP overvalued or undervalued?
Based on our analysis, APP is overvalued. The current price of $331.46 is 25.8% above our estimated fair value of $246.07.
What do Wall Street analysts say about APP?
31 analysts cover AppLovin Corporation with a consensus rating of "Buy." The average price target is $501.94, ranging from $325.00 to $790.00. This implies 51.4% upside from the current price.