Arete Upgrades AppLovin Corporation (APP) to Neutral From Sell

AppLovin Corporation (NASDAQ:APP) is one of the best stocks with huge upside potential to buy according to Reddit.

AppLovin Corporation (NASDAQ:APP) was upgraded to Neutral from Sell by Arete on March 2, with the firm setting a price target of $340.

AppLovin Corporation (NASDAQ:APP) also received several rating updates from analysts following the release of its fiscal Q4 and full year 2025 results on February 11. Wedbush lifted the price target on the stock to $640 from $465 on February 12, reiterating an Outperform rating on the shares and stating that the company delivered another solid beat, highlighting the significant growth opportunity it has in the years ahead.

It further stated that AppLovin Corporation (NASDAQ:APP) is handsomely benefiting from ongoing momentum in gaming this year, and despite considerable competitive threats and potential industry headwinds, Wedbush believes that the company assuaged investor concerns with its results and a direct response on its conference call.

AppLovin Corporation (NASDAQ:APP) develops and operates a mobile marketing platform, offering AppDiscovery, MAX, Adjust, and SparkLabs. The company’s software-based platform caters to mobile application developers for improvements in marketing and monetization of applications.

While we acknowledge the potential of APP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None. Follow Insider Monkey on Google News.