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Stock impact report

Benchmark Co Reiterates a Buy Rating on AppLovin Corporation (APP) [Yahoo! Finance]

Applovin Corporation - Class A (APP) 
Company Research Source: Yahoo! Finance
Earlier on January 5, Matthew Swanson from RBC Capital also reiterated a Buy rating on AppLovin Corporation (NASDAQ:APP) with a $750 price target. Analysts at Benchmark named the company as its “2026 EDM Top Idea,” driven by its emerging e-commerce and web business and durable core market growth in the gaming segment. The firm noted that the company has experienced improved advertiser density and is also witnessing a growth in AXON Ads Manager adoption. Benchmark added that these factors could act as a catalyst to improve AppLovin's market share. Moreover, the firm also noted that improved adoption for the company's self-service AXON Ads Manager reflects improved return on ad spend and potential conversion upside from AI-driven creative tools across more than 1 billion daily active users. That said, Jason Bazinet from Citi also assigned a Buy rating to AppLovin Corporation (NASDAQ:APP) on December 29 with a $820 price target. The analyst from Citi also pointed out the steady inc Show less Read more
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