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.
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It’s been a generally successful earnings season for most of the market, as EPS figures remain strong and analysts continue to raise estimates. But not everyone is joining the party. Earnings reports from the
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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.
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Read original at benzinga