Applovin(US:APP) Xin Lang Cai Jing·2025-09-30 03:41Core Insights - AppLovin's stock price surged by 6.34% to a record high of $712.36 per share, marking a year-to-date increase of 119.98% and a total market capitalization of $24.0956 billion [1] Company Overview - AppLovin primarily provides marketing software and platform services, with core solutions driven by artificial intelligence (AI), including advertising tools for precise audience targeting and monetization platforms for optimizing in-app ad revenue [1] Analyst Ratings and Price Targets - Oppenheimer raised AppLovin's target price significantly by $240 to $740, reaffirming its "outperform" rating, reflecting confidence in the company's non-gaming advertising business and long-term growth potential [1] - UBS and Piper Sandler also increased their target prices for AppLovin, with UBS analyst Chris Kuntz raising the target from $540 to $810 while maintaining a "buy" rating and designating it as a preferred stock [1]