6. AppLovin Corporation (NASDAQ:APP)
Short Float: 5.00%
AppLovin Corporation (NASDAQ:APP) is one of the best AI advertising stocks to buy, with an upside potential of 33.86%. The stock has drawn analyst attention as AppLovin approaches two general availability launches that could shape both its growth trajectory and near-term volatility.
On June 10, 2026, Benchmark reiterated a “Buy” rating and $775.00 price target on AppLovin Corporation (NASDAQ:APP) shares. Analyst Mike Hickey said AppLovin’s recent investor presentation reinforced management’s view that its consumer advertising business remains in early stages, with a general availability milestone expected by the end of June to expand functionality, total addressable market, and advertiser accessibility. Management pointed to a disciplined rollout strategy, wallet share expansion opportunities, and AEBITDA margins above 80%, along with long-term growth vectors across demand and supply.
That same day, BofA Securities reiterated a “Buy” rating on AppLovin Corporation (NASDAQ:APP) and $705.00 price target, flagging increased volatility heading into summer as the Axon self-serve platform opens to the public. The firm cited uncertain adoption pace, shifting intra-quarter sentiment from channel checks, and possible check-accuracy degradation as the advertiser base grows. BofA’s 2027 revenue model sits 14% above consensus, assuming 20,000 advertisers by the end of 2026 and 60,000 by the end of 2027, though it cautioned that those estimates could prove too high within months.
The setup follows Citi’s June 2, 2026, note, adding a 90-day upside catalyst watch with a “Buy” rating and $710 price target on AppLovin Corporation (NASDAQ:APP), pointing to the e-commerce platform’s planned general availability by June 30 as a potential driver of store growth and e-commerce revenue acceleration.
AppLovin Corporation (NASDAQ:APP) enables businesses to advertise profitably with marketing technologies that attract customers, increase revenue, and track ad performance. The company provides end-to-end software and AI solutions for businesses to reach, monetize, and grow their global audiences.
While we acknowledge the potential of APP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than APP and that has 100x upside potential, check out our report about the cheapest AI stock.
Click to continue reading and see the 5 best AI advertising stocks to buy following Meta’s earnings beat.
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