Piper Sandler analyst James Callahan CFA initiates coverage on $Applovin (APP.US)$ with a buy rating, and sets the target price at $400.
According to TipRanks data, the analyst has a success rate of 0.0% and a total average return of 0.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Applovin (APP.US)$'s main analysts recently are as follows:
The revised optimistic outlook for AppLovin has been influenced by several positive developments following their Q3 earnings report. These events include expanded investor participation, the inclusion of the company in the Nasdaq 100 index, a shift to an entirely unsecured debt structure, and an upgrade to investment grade status by a credit rating agency.
Positive assessments of AppLovin's e-commerce product pilot, including collaborations with notable agencies, have led to increased ad revenue forecasts from FY24 to FY28. While it's still in early stages, preliminary findings suggest that AppLovin's e-commerce product is delivering returns on ad spend comparable to major players in the industry at scale. It is also anticipated that it might surpass other major competitors in budget allocations by 2025 according to agency feedback.
Following discussions with two experts involved in the company's e-commerce pilot, positive early impressions and metrics were reported from both the agency and direct-to-consumer brand perspectives, noting returns on ad spend comparable to those seen with major players in the industry. It is perceived that the company's recent stock performance, coupled with accelerating momentum in e-commerce, will foster multiple beneficial flywheels that support continued growth and business momentum through 2025. The company is currently regarded as a top pick in its sector.
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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派傑投資分析師James Callahan CFA首次給予$Applovin (APP.US)$買入評級，目標價400美元。
根據TipRanks數據顯示，該分析師近一年總勝率為0.0%，總平均回報率為0.0%。
此外，綜合報道，$Applovin (APP.US)$近期主要分析師觀點如下：
AppLovin修訂後的樂觀前景受到其第三季度業績之後的幾項積極進展的影響。這些事件包括擴大投資者的參與度，將公司納入納斯達克100指數，向完全無抵押債務結構的轉變，以及信用評級機構將投資級別提升到投資等級。
對AppLovin電子商務產品試點的積極評估，包括與知名機構的合作，使24財年至28財年的廣告收入預測有所增加。儘管仍處於初期階段，但初步調查結果表明，AppLovin的電子商務產品的廣告支出回報率與該行業的主要參與者相當。根據機構的反饋，預計到2025年，它的預算分配可能會超過其他主要競爭對手。
在與參與公司電子商務試點的兩位專家進行討論後，該機構和直接面向消費者的品牌都報告了積極的早期印象和指標，他們指出，廣告支出回報與該行業主要參與者的回報相當。據認爲，該公司最近的股票表現，加上電子商務勢頭的加快，將促進多重有益的飛輪，爲2025年之前的持續增長和業務勢頭提供支持。該公司目前被視爲該領域的首選。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
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