Movement Alert｜AppLovin Corporation Rises 3.33% in Regular Trading, UBS Raises Target Price to $798 Ahead of Earnings

Market Focus

08/04

On August 4, AppLovin Corporation rose 3.33% in regular trading, trading at $419.2 USD/share, with turnover of $50.23 million.

On the news front, UBS raised its target price on AppLovin from $750 to $798 while maintaining a Buy rating, providing a fresh catalyst ahead of the company's Q2 earnings release scheduled for August 5 after market close. Wedbush previously issued a research note projecting Q2 revenue of approximately $1.97 billion and adjusted EBITDA of approximately $1.66 billion, both expected to exceed company guidance. Wedbush further forecasts 4%-6% sequential revenue growth for Q3. Market consensus expects Q2 EPS of $3.72, representing approximately 64.6% year-over-year growth. The current Wall Street average target price stands at approximately $668, implying significant upside from the current share price, reflecting broadly bullish institutional sentiment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"APP","symbol_name":"AppLovin Corporation","start_time":0,"source_url":"","article_id":"1153686612","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1153686612","pubTimestamp":1785850265,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 4, AppLovin Corporation rose 3.33% in regular trading, trading at $419.2 USD/share, with turnover of $50.23 million.On the news front, UBS raised its target price on AppLovin from $750 to...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"APP":"AppLovin Corporation"},"translate_title":"走势警报|AppLovin Corporation 常规交易中上涨 3.33%，瑞银在财报公布前将目标价上调至 798 美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APP":1},"content_text":"On August 4, AppLovin Corporation rose 3.33% in regular trading, trading at $419.2 USD/share, with turnover of $50.23 million.On the news front, UBS raised its target price on AppLovin from $750 to $798 while maintaining a Buy rating, providing a fresh catalyst ahead of the company's Q2 earnings release scheduled for August 5 after market close. 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