On Nov 07, major Wall Street analysts update their ratings for $Applovin (APP.US)$, with price targets ranging from $200 to $291.
J.P. Morgan analyst Cory Carpenter maintains with a hold rating, and adjusts the target price from $160 to $200.
Needham analyst Bernie McTernan maintains with a hold rating.
Stifel analyst David Pang maintains with a buy rating, and adjusts the target price from $185 to $250.
BTIG analyst Clark Lampen maintains with a buy rating, and maintains the target price at $291.
Furthermore, according to the comprehensive report, the opinions of $Applovin (APP.US)$'s main analysts recently are as follows:
AppLovin's Q4 performance surpassed expectations and the company's forecast for Q4 is also ahead of general market anticipations. The success of the e-commerce pilot was notably better than management had anticipated.
The company's third-quarter results and commentary during the call offered substantial evidence supporting the thesis that the gaming sector is evolving into a winner-take-most market. Additionally, it is anticipated that Commerce will become a major contributor to the business starting from the following year.
AppLovin's third-quarter results surpassed forecasts, consensus, and their own guidance, mainly due to a record-breaking quarter for Software Platform revenue. The outlook for the fourth quarter is also promising, exceeding both previous earnings forecasts and consensus. Furthermore, management is optimistic about the potential in e-commerce and anticipates significant contributions to this area by 2025.
Here are the latest investment ratings and price targets for $Applovin (APP.US)$ from 4 analysts:
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美東時間11月7日，多家華爾街大行更新了$Applovin (APP.US)$的評級，目標價介於200美元至291美元。
摩根大通分析師Cory Carpenter維持持有評級，並將目標價從160美元上調至200美元。
Needham分析師Bernie McTernan維持持有評級。
斯迪富分析師David Pang維持買入評級，並將目標價從185美元上調至250美元。
BTIG分析師Clark Lampen維持買入評級，維持目標價291美元。
此外，綜合報道，$Applovin (APP.US)$近期主要分析師觀點如下：
AppLovin的第四季表現超出預期，公司對第四季的預測也超過了一般市場預期。電子商務試點的成功明顯優於管理團隊的預期。
公司在電話會議中的第三季度業績和評論，提供了大量支持遊戲板塊正逐漸演變成贏家通吃市場的論點的證據。此外，預計電子商務將從明年開始成爲業務的重要貢獻者。
AppLovin的第三季度業績超出預測、共識和自身指導，主要是由於軟件板塊收入創下記錄的一季。第四季度的前景也樂觀，超過了之前的盈利預測和共識。此外，管理團隊對電子商務的潛力持樂觀態度，並預計到2025年該領域會有重要貢獻。
以下爲今日4位分析師對$Applovin (APP.US)$的最新投資評級及目標價：
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