Benchmark Co Reiterates a Buy Rating on AppLovin Corporation (APP)

Group 1 - AppLovin Corporation (NASDAQ:APP) is recognized as a strong growth stock, with analysts from Benchmark Co. and RBC Capital reiterating Buy ratings and price targets of $775 and $750 respectively [1][2] - Benchmark has named AppLovin as its "2026 EDM Top Idea," highlighting growth in e-commerce and web business, along with robust market growth in the gaming segment [2] - The company has seen improved advertiser density and increased adoption of its AXON Ads Manager, which could enhance its market share [2][3] Group 2 - Citi analyst Jason Bazinet also assigned a Buy rating with a price target of $820, noting a steady increase in e-commerce clients using AXON [4] - Although AXON's market penetration is currently modest, month-over-month growth indicates potential for further adoption and revenue expansion [4] - AppLovin is focused on building a software-based platform for advertisers to improve marketing and monetization of content [5]