Wall is Street Bullish on ​AppLovin Corporation (APP)

​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.

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 this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.