This Is What Whales Are Betting On AppLovin - AppLovin (NASDAQ:APP)

Group 1 - Financial giants are showing bullish sentiment towards AppLovin, with 43% of traders being bullish and 38% bearish, indicating a mixed market outlook [1] - The predicted price range for AppLovin over the last three months is between $340.0 and $1110.0, suggesting significant volatility [2] - The mean open interest for AppLovin options trades is 378.63, with a total volume of 820.00, reflecting active trading interest [3] Group 2 - Noteworthy options activity includes various trades with both bullish and bearish sentiments, indicating diverse trader strategies [6] - AppLovin operates as a vertically integrated advertising technology company, with 80% of its revenue coming from its demand-side platform, AppDiscovery [7] - Recent analyst ratings for AppLovin show an average target price of $817.5, with some analysts maintaining a Buy rating and targeting prices of $775 and $860 [9][11]