AppLovin (APP) Gets $525 Price Target Ahead of Q2 Earnings Beat, Says Analyst

AppLovin Corporation (NASDAQ:APP) is one of the AI Stocks in the Spotlight Right Now. On July 22, Benchmark analyst Miike Hickey reiterated a “Buy” rating on the stock with a $525.00 price target. The rating affirmation comes ahead of the company’s second-quarter earnings report.

Hickey anticipates AppLovin to exceed expectations in its Q2 2025 report, which is due for release on August 6, followed by a conference call. The positive optimism toward the stock is largely due to AppLovin’s high-margin Advertising segment, which continues to grow strongly.

Its emerging web category is also doing very well. At the same time, Benchmark acknowledges that there may be scrutiny regarding the company’s third-quarter guidance. This is largely because Unity has recently launched its AI-powered ad platform, Vector, which is sparking questions regarding competitor dynamics.

Regardless of these challenges, the firm is confident in AppLovin’s competitive advantages, anticipating significant growth in the second half and beyond.

AppLovin Corporation (NASDAQ:APP) provides a leading marketing platform powered by AI technology.

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Disclosure: None.