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ubs raises appLovin price target to 630 amid strong growth prospects

UBS analyst Chris Kuntarich has raised AppLovin Corp's price target to $630 from $440, maintaining a Buy rating, following strong gaming sector performance and impressive e-commerce growth. The company reported a 43.44% revenue increase and $2.32 billion EBITDA over the last year, with a projected fiscal year 2026 EBITDA of $5.75 billion. Other analysts have also increased their price targets, reflecting confidence in AppLovin's robust advertising revenue and strategic moves, including the sale of its apps business.
Investing.com South Africa
United States Dollar AppLovin Corp. Piper Sandler Cos Bofa Securities Inc. Nasdaq 100 Mar 25 The Goldman Sachs Group, Inc. USA Omar Dessouky Eric Sheridan Clark Lampen James Callahan Chris Kuntarich Show more
Finance & Economy, Market Report
17:55 13.02.2025

ubs raises applovin price target to 630 amid strong gaming growth

UBS analyst Chris Kuntarich has raised AppLovin Corp's price target to $630 from $440, maintaining a Buy rating, following strong gaming sector performance and impressive e-commerce growth. The company reported a 43.44% revenue increase and $2.32 billion EBITDA over the last year, with a projected fiscal year 2026 EBITDA of $5.75 billion. Other analysts have also increased their price targets, reflecting confidence in AppLovin's robust advertising revenue and strategic moves, including the sale of its apps business.
Investing.com UK
United States Dollar AppLovin Corp. The Goldman Sachs Group, Inc. USA Omar Dessouky Eric Sheridan Clark Lampen James Callahan Chris Kuntarich Show more
Business & Industry, Market Report
17:24 13.02.2025

ubs raises applovin price target to 630 dollars amid strong growth

UBS analyst Chris Kuntarich has raised the price target for AppLovin shares from $440 to $630, maintaining a Buy rating, following strong growth in gaming and e-commerce. The company reported a 43.44% revenue increase and $2.32 billion in EBITDA over the past year, with a projected FY2026 EBITDA of $5.75 billion. Other analysts have also increased their price targets, reflecting confidence in AppLovin's performance and strategic moves, including the sale of its app business.
Investing.com Deutsch
United States Dollar AppLovin Corp. The Goldman Sachs Group, Inc. USA Omar Dessouky Eric Sheridan Clark Lampen James Callahan Chris Kuntarich Show more
Business & Industry, Market Report
17:24 13.02.2025
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