Core Viewpoint - Applovin reported better-than-expected Q2 results and guidance, leading to a 12% increase in stock price to $437.34, with multiple Wall Street analysts expressing optimism about the stock [1] Group 1: Analyst Ratings and Price Targets - Oppenheimer reiterated a "Outperform" rating for Applovin with a target price of $500, highlighting management's confidence in e-commerce advertising exceeding 10% this year due to the upcoming broader launch of the AXON ad manager [1] - Bank of America maintained a "Buy" rating with a target price of $580, raising revenue expectations for Q4 2025 and 2026 from $1.65 billion/$8.1 billion to $1.69 billion/$10 billion, citing factors such as a new large advertiser referral program and increased average spending per advertiser [1] - Benchmark Equity Research also upheld a "Buy" rating with a target price of $525 [1] Group 2: Growth Drivers - Analysts noted that Applovin has a solid foundation for sustained revenue and margin growth due to increased advertiser confidence, performance boosts from Axon, and geographic expansion [2]