5 Best NASDAQ Stocks with the Highest Upside Potential

4. AppLovin Corporation (NASDAQ:APP)

Average Upside Potential: 47.18%

AppLovin Corporation (NASDAQ:APP) is one of the best NASDAQ stocks with the highest upside potential. On April 7, AppLovin announced a series of leadership succession plans and board changes aimed at supporting the company’s next phase of strategic execution. A key highlight is the appointment of Craig Billings as the new independent Chairperson of the Board of Directors, a role he transitions into after serving as Lead Independent Director. This move allows Co-Founder and CEO Adam Foroughi to step down from the Chairperson position to focus exclusively on his responsibilities as CEO.

The executive management team will see significant changes in the technical and legal departments starting in mid-2026. Giovanni Ge, the current Chief Product & Engineering Officer who led the development of Axon 2.0, is set to become the next Chief Technology Officer on July 1. He succeeds Basil Shikin, a ten-year veteran of the role, who will transition into a position as Distinguished Engineer. On the legal side, Corina Cacovean will be elevated to Chief Legal Officer on August 1, following the retirement of Victoria Valenzuela, who has served as Chief Administrative & Legal Officer.

The company is also reshuffling its Board of Directors in conjunction with these management shifts. Victoria Valenzuela is expected to be nominated for a director seat at the 2026 Annual Meeting of Stockholders following her retirement from her executive role. Additionally, AppLovin Corporation (NASDAQ:APP) announced that director Alyssa Harvey Dawson will not stand for re-election this year.

AppLovin Corporation (NASDAQ:APP) is a technology company that provides AI-powered software solutions designed to help businesses, primarily mobile app developers, grow by acquiring users and monetizing their apps.