14 Most Promising AI Stocks to Buy Right Now

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11. AppLovin Corporation (NASDAQ:APP)

Number of Hedge Fund Holders: 109

AppLovin Corporation (NASDAQ:APP) is one of the Most Promising AI Stocks to Buy Right Now. On October 14, Goldman Sachs analyst Eric Sheridan lifted the price target on the company’s stock to $630 from $445, while maintaining a “Neutral” rating as part of a broader research note previewing Q3 results for the Digital Advertising names.

The analyst added that AppLovin Corporation (NASDAQ:APP) can drive sustained ad revenue growth from its core mobile gaming segment over the upcoming 3 years. This is expected to be driven by a combination of steady industry growth, favourable secular tailwinds, and modest market share gains.

For Q3 2025, AppLovin Corporation (NASDAQ:APP) expects to deliver revenue between $1.320 billion – $1.340 billion, with adjusted EBITDA in the range of $1.070 billion – $1.090 billion. The company expects an adjusted EBITDA margin of 81%. Elsewhere, S&P Global Ratings has a more favorable view of AppLovin Corporation (NASDAQ:APP)’s business prospects and expects S&P Global Ratings-adjusted net leverage to remain under 1x over the upcoming 24 months.

ClearBridge Investments, an investment management company, released its Q2 2025 investor letter. Here is what the fund said:

We did see good results from AI-ecosystem holdings in IT and industrials. AppLovin Corporation (NASDAQ:APP) delivered exceptional first-quarter results, highlighted by outsize product-led share gains with ad revenue growing 71% year over year driven by the AI-driven advertising algorithm provider’s continued strength in gaming and rising traction in e-commerce.

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