AppLovin Corporation (NASDAQ:APP) is among the best stocks in each sector in 2026. On February 12, Omar Dessouky from BofA reduced the price target on AppLovin Corporation (NASDAQ:APP) to $705, down from $780, and maintained a Buy rating. This follows the company’s earnings call, after which the firm reduced its valuation due to de-rating in the broader sector and a cooling e-commerce growth trajectory. The bullish stance, on the other hand, is because the company has “significant valuation support driven by its dominant gaming biz,” the analyst asserted.
On the same day, Piper Sandler noted that AppLovin Corporation (NASDAQ:APP) reported a “clean beat & raise” for Q4, highlighting that EBITDA figures came in at mid-single digits higher than street estimates. The firm trimmed its price target on the company to $650 from $800 and reiterated an Overweight rating.
All thanks to the strong gaming market and e-commerce trends, the company’s Q1 revenue guidance of 5-7% QoQ growth outperforms the same period last year, the analyst said, adding that AppLovin Corporation (NASDAQ:APP) has consistently engaged in investments to develop standout products across both sides of its business.
AppLovin Corporation (NASDAQ:APP) is a California-based company that provides software platforms for developers to enhance the marketing and monetization of their content. Founded in 2011, the company operates through two segments: Advertising and Apps.
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: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None. Follow Insider Monkey on Google News.
