Piper Sandler Raises AppLovin (APP) Price Target, Keeps Overweight Rating

This determination by the steadfast came aft AppLovin Corporation (NASDAQ:APP) reported its results for the 3rd 4th of 2025.

AppLovin Corporation (NASDAQ:APP) reported gross that bushed marketplace estimates by a mid-single-digit margin. The institution besides provided beardown guardant guidance for the 4th fourth of 2025. It projects gross to turn 12-14% quarter-over-quarter, oregon 57-60% compared to the 4th fourth of past year.

Piper Sandler besides pointed retired that AppLovin Corporation’s (NASDAQ:APP) Axon Ads Manager roll-out has been performing precise well, with spending rising 50% week-over-week since aboriginal October.

The probe steadfast noted that the beardown guidance by the institution is chiefly supported by improved gaming seasonality and maturation successful spending from the existent e-commerce customers. These estimates bash not see the imaginable interaction from caller advertisers that are not onboarded yet.

AppLovin Corporation (NASDAQ:APP) is an American exertion institution that offers end-to-end bundle and AI solutions for businesses of each sizes to reach, monetize, and turn their audiences.

While we admit the imaginable of APP arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.