Analyst Jason Bazinet of Citi maintained a Buy rating on AppLovin, boosting the price target to $850.00.
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Jason Bazinet has given his Buy rating due to a combination of factors that indicate potential growth for AppLovin. One of the primary reasons is the anticipated benefit from the company’s platform expansion to non-gaming customers starting October 1, 2025. This strategic move is expected to open new revenue streams and broaden the company’s market reach.
Additionally, Bazinet foresees AppLovin expanding into non-mobile game inventory, which could further enhance its business prospects. Another factor contributing to the Buy rating is the potential shift in the investor base towards long-only firms, especially following the company’s inclusion in the S&P 500. These elements together suggest a promising outlook for the company’s stock in the latter half of 2025.
In another report released on September 29, Morgan Stanley also maintained a Buy rating on the stock with a $750.00 price target.
Based on the recent corporate insider activity of 117 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of APP in relation to earlier this year.