JPMorgan raised the firm’s price target on AppLovin (APP) to $425 from $400 and keeps a Neutral rating on the shares. The company reported a Q2 beat and guided Q3 ahead of Street estimates, the analyst tells investors in a research note.
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Read More on APP:
- AppLovin’s Strong Financial Performance and Strategic Growth Initiatives Drive Optimistic Outlook
- AppLovin Reports Strong Q2 2025 Financial Growth
- AppLovin reports Q2 adjusted EBITDA $1.02B vs. $511M last year
- AppLovin sees Q3 revenue $1.32B-$1.34B, consensus $1.30B
- Unity price target raised to $30 from $25 at Barclays