Citi Adds “Upside 90-Day Catalyst Watch” on AppLovin Corporation (APP)

6 hours ago 1

Noor Ul Ain Rehman

Tue, June 9, 2026 astatine 12:25 PM CDT 2 min read

AppLovin Corporation (NASDAQ:APP) is 1 of the champion NASDAQ stocks to bargain and clasp for 3 years. Citi maintained a Buy standing connected AppLovin Corporation (NASDAQ:APP) connected June 1, adding an "upside 90-day catalyst watch" connected the banal with a $710 terms target. The steadfast told investors successful a probe enactment that it sees upside to estimates arsenic the company's e-commerce level moves to wide availability by June 30. It added that the wide rollout could effect successful store maturation and e-commerce gross acceleration.

AppLovin Corporation (APP) Is A "Cash Flow Machine," Says Jim Cramer

AppLovin Corporation (NASDAQ:APP) besides received a standing update from JPMorgan connected May 7, with the steadfast lifting the terms people connected the banal to $515 from $500 and maintaining a Neutral standing connected the shares. The steadfast told investors successful a probe enactment that the institution reported a Q1 bushed and guided Q2 successful enactment with expectations.

For reference, successful its fiscal results for fiscal Q1 2026, AppLovin Corporation (NASDAQ:APP) reported gross of $1,842 million, compared to $1,159 cardinal successful the anterior twelvemonth period. Net income for the 4th came up to $1,206 million, compared to $576 successful the erstwhile twelvemonth period.

AppLovin Corporation (NASDAQ:APP) develops and operates a mobile selling platform, offering AppDiscovery, MAX, Adjust, and SparkLabs. The company's software-based level caters to mobile exertion developers for improvements successful selling and monetization of applications.

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