AppLovin's Axon Surge Signals Strong Q4, Says Analyst
ApplovinApplovin(US:APP) Benzinga·2026-01-07 17:46

Applovin Corporation (NASDAQ:APP) stock climbed Wednesday as new data pointed to accelerating adoption of its Axon advertising platform.Channel checks suggest the company added several hundred e-commerce advertisers in December, reinforcing recent momentum and fueling optimism around fourth-quarter results.Bank of America Securities analyst Omar Dessouky reiterated the Buy rating on the stock, with a price forecast of $860.According to Benzinga Pro, APP stock has gained over 94% in the past year. Investors ...