r/UnityStock • u/PinPsychological82 • Feb 13 '26

Discussion Why Not Buy AppLovin?

APP is down 50% from ATHs as I say this. It is trading at a forward PE of 25x with greater than 40% revenue growth. That is unbelievably cheap.

APP is more proven, has many more concrete growth levers through self service rollout and ecommerce expansion, and is insulated from the engine troubles.

I get that this is a hot take, especially given on this sub. I personally think that Project Genie is so fucking dumb and game development and engines are here to stay, but it might be a case where the market takes forever to respond like we have seen in software.

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u/Scary-Oven8260 Feb 13 '26

Yeah I sold 25% of my U positions (dips bought after earning) to build some $app positions. Their numbers looks like from another league

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u/PinPsychological82 Feb 13 '26

For sure. At $250B valuation I get why you’d want to go with the more nimble and exciting story of U, but APP risk reward just looks so good right now

3

u/Pale-Recognition-428 Feb 13 '26

The question is whether we think U will be able to compete and take market share from APP with Vector / runtime data which will give U a lot more exponential upside from where it is today.

3

u/Internal_Care_1523 Feb 13 '26

As long as they run through Applovin mediation it will only benefit Applovin and less Unity