- StockStory Top Pick APP +5.46%
AppLovin Corporation (NASDAQ:APP) is one of the Best Communication and Media Stocks to Buy Now. On November 13, Jason Bazinet from Citi reiterated a Buy rating on AppLovin Corporation (NASDAQ:APP) and lowered the price target on the stock from $850 to $820. A day earlier, on November 12, Paul Chew from Phillip Securities also reiterated a Buy rating on the stock with a price target of $750.
The positive outlook is backed by the company’s earnings beat during fiscal Q3 2025, announced on November 5. The company grew its revenue by 68% year-over-year to $1.41 billion, surpassing estimates by $62.88 million. Moreover, the EPS of $2.45 also topped estimates by $0.06. Management attributed revenue growth to model updates to its core gaming business. Notably, net income also grew by 92% year-over-year during the quarter to reach $836 million.
In addition, management noted that its advertising business continues to be on a solid growth trajectory, driven by AI-driven targeting and expansion beyond gaming. Looking ahead, AppLovin Corporation (NASDAQ:APP) expects Q4 2025 revenue in the range of $1.57 billion and $1.6 billion, with Adjusted EBITDA margins between 82% and 83%.
AppLovin Corporation (NASDAQ:APP) is an American technology company that offers end-to-end software and AI solutions for businesses of all sizes to reach, monetize, and grow their audiences.
While we acknowledge the potential of APP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
Terms and Privacy Policy Privacy Dashboard More Info
