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Stock Comparison · Structural lead, mixed market

AppLovin vs Newmont: Which Stock Looks Stronger in 2026?

Newmont holds the cleaner structural position, with valuation as the main driver and stability adding further support. AppLovin still has the edge on profitability, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the Russell 1000 universe, making them directly comparable.

Updated 2026-05-17

This is not just a one-metric split: both valuation and stability materially support the lead. Newmont Corporation leads by 11 points on the overall comparison score.

Trajectory Similarity
0.62
Moderately similar
Peer-set rank: #9
within AppLovin Corporation's functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

The pair shares a valid long-term profile match, but the trajectories are not especially close.

The match is driven mainly by revenue growth trajectory and investment intensity.

Similarity drivers
revenue growth trajectoryinvestment intensity
What reduces the match
recent revenue growth
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
APP
AppLovin Corporation
56
Peer-Score
Signal qualitylow
Peer basis: Russell 1000
vs
NEM
Newmont Corporation
67
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: APP vs NEM Profitability 100 82 Stability 21 40 Valuation 48 81 Growth 38 51 APP NEM
Gap Ranking
#1 Valuation +33
#2 Stability +19
#3 Profitability +18
#4 Growth +13
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for APP and NEM Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer APPNEM Relative valuation Structural strength

The two profiles are relatively close, but the price setup still leans toward Newmont Corporation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where APP and NEM each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY APP Elevated · below norm 0th 50th 100th 3 pct gap NEM Elevated · below norm 0th 50th 100th 92nd 95th
APP (92nd percentile) and NEM (95th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Both rank well on valuation, but Newmont Corporation still holds a clear edge.
Stability
Newmont Corporation sits higher in the group on stability, adding to the overall structural advantage.
Valuation — Dominant Gap
APP
48
NEM
81
Gap+33in favour of NEM

The multiple-based pricing edge comes from a forward P/E that is 13.2 turns lower.

What keeps the gap from being one-sided

Profitability still favours AppLovin, with a 16.8-point operating margin advantage keeping the comparison from looking fully resolved.

What this means for the comparison

Valuation is the clearest driver of the lead, with stability adding further support — though profitability still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the APP vs NEM comparison across all dimensions with the full interactive tool.

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Similar valuation-and-stability comparisons

Explore how APP and NEM each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.