AppLovin Corp
AppLovin (NASDAQ:APP) received bullish analyst updates: Deutsche Bank raised its price target to $660 from $640 and kept a Buy rating, citing confidence in the company’s advertising technology execution. UBS raised its target to $750 from $716, also reiterating Buy, pointing to its AI-powered ad platform and monetization prospects. The article notes a five-year EPS forecast of 41.31%.
U.S. stocks edged higher on May 27: the S&P 500 rose 0.03% to 7,521.29, the Nasdaq gained 0.07% to 26,674.73, and the Dow added 0.36% to 50,644.28, with chip and AI momentum supporting sentiment. Micron extended its rally. Constellation Energy fell nearly 4% after an analyst reset. Lululemon rose on a standstill agreement. AppLovin jumped 10% on a Morgan Stanley bullish view; Boston Scientific dropped after reiterating weaker-than-expected guidance.
Shikin Vasily (Chief Technology Officer) sold 4 shares of AppLovin Corp (APP) at $493.66 on 2026-05-22 under a Rule 10b5-1 trading plan.
