10 Best Aggressive Growth Stocks to Buy According to Wall Street Analysts

7. AppLovin Corporation (NASDAQ:APP)

Year-Over-Year Revenue Growth: 66.39%

Average Price Target Upside Potential According to Analysts: 39.00%

Number of Hedge Fund Holders: 108

AppLovin Corporation (NASDAQ:APP) is one of the best aggressive growth stocks to buy according to Wall Street analysts. On May 7, Piper Sandler lifted its price target on AppLovin Corporation (NASDAQ:APP) from $650 to $665 and kept an Overweight rating on the stock.

The research firm pointed to the company’s biggest percentage revenue beat in around four quarters. Piper Sandler said AppLovin Corporation (NASDAQ:APP) continues to show strong fundamentals despite investor worries about competition.

Piper Sandler analyst James Callahan pointed out that checks point to continued strength in mediation and support the company’s MAX and ROAS bidding advantage. The analyst also noted that the company’s guidance appears cautious and that there are no clear signs of pressure from macroeconomic conditions.

According to Piper Sandler, AppLovin Corporation’s (NASDAQ:APP) financial position is solid and its valuation looks reasonable at about 22 times its estimated 2027 GAAP earnings per share.

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.