AppLovin Price Target Set at $603 With 28% Upside on AI Ad-Tech Rebound

Earnings
โดย 24/7 Wall St.·Read original
Summary · why it matters

AppLovin carries a buy rating and a $603.42 price target from 24/7 Wall St., implying roughly 28.5% upside from the current price of $469.71 at a 90% model confidence level. The bull case rests on AXON 2's operating leverage, which pushed adjusted EBITDA margins to 85% in the first quarter of 2026, fueling a bull case price target of $793.08. First-quarter fiscal 2026 revenue rose 24.15% year-over-year to $1.84 billion, beating estimates, while earnings per share of $3.56 topped the $3.46 consensus. Operating income jumped 117% to $1.44 billion at a 78% margin, and the company returned $1 billion to shareholders through buybacks. The stock is down 30.29% year to date but still up 36.4% over the past year, and the five-year return stands at 432.49%.

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Artificial Intelligence▲ · 2 stocks
Applovin Corp
APP
▲ PositiveCapitalrelevance

Analyst price target upgrade and strong earnings beat with margin expansion and buybacks.

Cloud & Digital Infrastructure▲ · 1 stocks

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