12 Best Communication and Media Stocks to Buy Now

Page 5 of 11

​7. AppLovin Corporation (NASDAQ:APP)

Market Capitalization: $177.77 billion

Analyst Upside: 33.08%

Number of Hedge Fund Holders: 109

​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.

Page 5 of 11