The AppLovin Stock is now Interesting for an Initial Tranche!
The company is a leader in AI advertising for mobile games, recording a 73% increase in advertising revenue in Q4 2024. Furthermore, the company is expanding into e-commerce and connected TV advertising markets.
Reading Time: 1 minute
The AppLovin stock has experienced rapid development, but Morgan Stanley now sees the right time to buy shares of the robust advertising company. Analyst Matthew Cost upgraded the AppLovin stock from "Equal-Weight" to "Overweight" on April 10, 2025. He lowered his price target from $470 to $350, which still represents an increase of around 30% compared to Thursday's closing price. AppLovin has consistently gained market share in the gaming sector and has significantly expanded its size in the non-gaming advertising sector faster than expected. The...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
