Needham Maintains Buy on AppLovin, Lowers Price Target to $475
Needham analyst Bernie McTernan maintains AppLovin (NASDAQ:APP) with a Buy and lowers the price target from $500 to $475.
Read original at benzingaStocks · News reference
SOUN: 26% | SoundHound AI shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 sales guidance with its midpoint above estimates. APP: -27% | AppLovin shares
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Needham analyst Bernie McTernan maintains AppLovin (NASDAQ:APP) with a Buy and lowers the price target from $500 to $475.
Read original at benzingahttps://www.axios.com/2026/08/21/doj-tiktok-biden-lawsuit-settlement
Read original at benzingaPiper Sandler analyst James Callahan maintains AppLovin (NASDAQ:APP) with a Neutral and lowers the price target from $385 to $325.
Read original at benzingaCoreWeave has surpassed AppLovin in quarterly revenue, driven by strong AI infrastructure demand, with Q2 2026 revenue reaching $2.6 billion versus AppLovin's $1.9 billion. However, AppLovin maintains superior profitability with a 66% net income margin compared to CoreWeave's -24% margin. AppLovin's growth is decelerating, with Q2 year-over-year growth at 53% down from Q1's 59%, prompting analyst downgrades and a 52-week stock low.
Read original at the-motley-foolSandisk and Kioxia plan to invest more than $31 billion in Japan through 2032, strengthening their partnership and flash memory capabilities.
Read original at benzingaSandisk Corporation (NASDAQ: SNDK) stock gains on Thursday as semiconductor memory makers move higher following Nvidia’s Q2 financial results.
Read original at benzinga