AppLovin recently upgraded its AXON recommendation engine, and this is reportedly driving current growth as well as creating future growth opportunities.

Source: https://seekingalpha.com/article/4631467-applovin-adtech-solutions-going-from-strength-to-strength?source=feed_all_articles

Candlestick Capital Management LP bought a new position in AppLovin during the 2nd quarter valued at $9,325,000.

Source: https://www.etfdailynews.com/2023/12/22/applovin-nyseapp-receives-new-coverage-from-analysts-at-hsbc/

Finally, Benchmark raised their price target on AppLovin from $7.00 to $9.00 and gave the stock a “sell” rating in a report on Thursday, February 9th.

Source: https://www.etfdailynews.com/2023/03/31/applovin-co-nyseapp-shares-purchased-by-exchange-traded-concepts-llc/

FNY Investment Advisers LLC’s holdings in AppLovin were worth $340,000 at the end of the most recent quarter.

Source: https://www.etfdailynews.com/2023/09/17/fny-investment-advisers-llc-acquires-2900-shares-of-applovin-co-nyseapp/

In other AppLovin news, CEO Arash Adam Foroughi sold 373,667 shares of AppLovin stock in a transaction on Monday, December 5th.

Source: https://www.americanbankingnews.com/2023/02/10/applovin-nyseapp-price-target-raised-to-20-00-at-oppenheimer.html

In other AppLovin news, CEO Arash Adam Foroughi sold 373,667 shares of AppLovin stock in a transaction on Monday, December 5th.

Source: https://www.americanbankingnews.com/2023/02/10/applovin-nyseapp-price-target-raised-to-20-00-at-oppenheimer.html

Morgan Stanley increased their price target on shares of AppLovin from $15.00 to $16.00 and gave the stock an equal weight rating in a research report on Thursday.

Source: https://www.americanbankingnews.com/2023/02/10/applovin-nyseapp-price-target-raised-to-20-00-at-oppenheimer.html

Next, even though AppLovin has a considerable amount of adjustments to its adjusted EBITDA line, for instance, $100 million set aside as a loss for dispositions, the business as a whole is reasonably free cash flow positive.

Source: https://seekingalpha.com/article/4576693-applovin-q4-earnings-guidance-dramatically-better-than-expected?source=feed_all_articles

Rhumbline Advisers lifted its stake in shares of AppLovin by 3.6% in the 2nd quarter.

Source: https://www.etfdailynews.com/2023/08/09/applovin-nyseapp-price-target-increased-to-35-00-by-analysts-at-truist-financial/

Stifel Nicolaus reissued a buy rating and issued a $30.00 price target (down previously from $50.00) on shares of AppLovin in a research note on Wednesday, November 2nd.

Source: https://www.americanbankingnews.com/2023/02/10/applovin-nyseapp-price-target-raised-to-16-00-at-morgan-stanley.html

Stifel Nicolaus upped their price target on AppLovin from $36.00 to $43.00 in a research report on Thursday, August 10th.

Source: https://www.etfdailynews.com/2023/08/23/applovin-co-nyseapp-cto-vasily-shikin-sells-30000-shares/

SVB Wealth LLC purchased a new position in shares of AppLovin during the first quarter valued at approximately $217,358,000.

Source: https://www.etfdailynews.com/2023/08/14/bank-of-america-increases-applovin-nyseapp-price-target-to-41-00/