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AppLovin Stock Just Got a New Buy Rating. Its Shares Are Tanking.
Market Intelligence Analysis
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Why This Matters
AppLovin received a new buy rating from Evercore ISI with a $835 price target, forecasting a 25% increase in stock value, despite its shares currently tanking.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Buzzy, high-growth stocks like AppLovin often get a boost when sell-side analysts counsel investors to buy. Evercore ISI initiated coverage of AppLovin stock with an Outperform rating and an $835 price target on Wednesday, forecasting a 25% jump from Tuesday’s closing price of $668.63. The company has momentum across its gaming and e-commerce ad businesses, and investors should expect a big quarterly earnings print next month, Evercore argued.
Original article published by
Unknown
on January 14, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.