12 Best Stocks to Buy for the AI Boom in the Second Half of 2026

9. Applovin Corp (NASDAQ:APP)

Number of Hedge Fund Holders: 91

Stock Upside Potential: 29.16%

Applovin Corp (NASDAQ:APP) is one of the best stocks to buy for the AI boom in the second half of 2026. Applovin shares have returned more than 50% over the past year and still carry nearly 30% upside potential, according to Street analysts. Some 91 hedge funds have confidence in the Applovin stock outlook.

Applovin Corp (NASDAQ:APP) is scheduled to release its Q2 2026 results on August 5. The provider of AI-powered advertising solutions anticipates revenue in the band of $1.9 billion to $1.95 billion. It expects adjusted EBITDA in the range of $1.62 billion to $1.65 billion, and adjusted EBITDA margin is expected in the range of 84% to 85%.

On July 7, Piper Sandler reiterated an Overweight rating on Applovin stock with a price target of $665. According to the brokerage, its research shows the gaming market continued to grow through Q2. But on e-commerce, it noted mixed data points. Additionally, the brokerage observed that Applovin could increase its sales and marketing spend in the second half of 2026 without affecting its core margins.

Applovin Corp (NASDAQ:APP) provides AI-powered advertising solutions. It helps businesses to market and monetize their mobile apps and grow their brands. Applovin has several offerings suited to different needs.