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AppLovin's (NASDAQ:APP) Upgrade by Citigroup to "Buy"
Financial Modeling Prep· 2025-10-01 16:03
Citigroup upgraded AppLovin (NASDAQ:APP) to a "Buy" rating, with the stock reaching new highs and being added to the S&P 500 index.AppLovin reported a 77% year-over-year increase in revenue and an 81% margin in adjusted EBITDA, showcasing strong financial growth.The company's stock price has seen significant gains in 2025, driven by innovative ad-technology solutions and anticipation of new products.On October 1, 2025, Citigroup upgraded AppLovin (NASDAQ:APP) to a "Buy" rating, with the stock priced at $718 ...