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AppLovin's Stock Faces Challenges Amidst Rising Competition and Market Dynamics
Financial Modeling Prep· 2026-02-05 06:02
Matthew Cost from Morgan Stanley set a price target of $800 for AppLovin (NASDAQ:APP), indicating a potential upside of 93.46%.The stock has declined by 16% due to the emergence of CloudX and accusations from CapitalWatch, alongside Google's Project Genie.Despite recent volatility, AppLovin's past growth and market position suggest potential for recovery.AppLovin (NASDAQ:APP) is a prominent player in the mobile gaming ad industry, known for its software platform that helps developers monetize their apps. Th ...