Both the financial report and guidance exceeded expectations, yet the "AI application hot stock" AppLovin's stock price still plummeted

Wallstreetcn
2026.02.12 01:15
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The financial report shows that AppLovin's Q4 revenue was $1.66 billion (+66%) and the EBITDA profit margin (84%) exceeded expectations. However, due to market concerns about AI disruption and competition from Meta, the stock price plummeted after hours. The company's CEO firmly responded that market sentiment is disconnected from reality, emphasizing that the content explosion brought by AI will make the company's traffic distribution capabilities even more scarce, and pointed out that the increase in bidding density has instead enhanced platform revenue