Goldman Sachs Raises PT on AppLovin (APP) Stock

Group 1 - AppLovin Corporation (NASDAQ:APP) is recognized as one of the most promising AI stocks to buy, with Goldman Sachs raising the price target from $445 to $630 while maintaining a "Neutral" rating [1][2] - The company is expected to drive sustained ad revenue growth from its core mobile gaming segment over the next three years, supported by steady industry growth, favorable secular tailwinds, and modest market share gains [2][3] - For Q3 2025, AppLovin anticipates revenue between $1.320 billion and $1.340 billion, with adjusted EBITDA projected in the range of $1.070 billion to $1.090 billion, and an adjusted EBITDA margin of 81% [3] Group 2 - ClearBridge Investments noted that AppLovin delivered exceptional first-quarter results, with ad revenue growing 71% year over year, driven by its AI-driven advertising algorithms and strength in gaming and e-commerce [4]