AppLovin (APP) Sees Bullish Updates from Analysts

Core Insights - AppLovin Corporation (NASDAQ:APP) is recognized as one of the 15 best-performing AI stocks heading into 2026, with multiple analysts reiterating positive ratings and increasing price targets [1][2][3] Analyst Ratings and Price Targets - Citi has reiterated a Buy rating on AppLovin with a price target of $820 [1] - Wells Fargo raised its price target from $633 to $721 while maintaining an Overweight rating, attributing the company's strong Q3 performance and Q4 guidance to mobile gaming [1] - Piper Sandler increased its price target from $740 to $800 and also maintained an Overweight rating following the company's Q3 results, which exceeded consensus estimates [2] Performance and Growth Drivers - AppLovin's Axon Ads Manager has seen a 50% increase in spending week-over-week since early October, indicating strong adoption and performance [3] - The positive guidance is primarily supported by improved gaming seasonality and increased spending from existing e-commerce customers, with potential for further growth as new advertisers are onboarded [3] Company Overview - AppLovin Corporation is an American technology company that provides end-to-end software and AI solutions for businesses to reach, monetize, and grow their audiences [4]