APP is trading at $396.40 (-13.22%) as disappointing Q1 guidance overshadowed a strong Q4 earnings report.
- While the company beat estimates with $1.66B in revenue (up 66% YoY) and $3.24 EPS, its Q1 revenue outlook of $1.75B–$1.78B implies a growth slowdown to 52%.
- Investor sentiment was further pressured by rising competition fears from Meta and emerging AI threats such as Google's Project Genie.
- Shares extended pre-market losses during regular trading as analysts highlighted concerns regarding regulatory risks and decelerating momentum.