Analysts Raise Price Targets for AppLovin After Q3 Results
BTIG raised its target to $450 from $396, Evercore ISI to $540 from $510, Wedbush to $600 from $560 and Morgan Stanley to $450 from $400. BTIG maintained a Buy rating and Evercore maintained an Outperform rating.
Following AppLovin's record third-quarter 2026 financial results, multiple analysts updated their outlooks for the company. BTIG maintained a Buy rating and raised its price target to $450 from $396, while Evercore ISI Group maintained an Outperform rating and increased its target to $540 from $510. Additionally, Wedbush raised its price target to $600 from $560, and Morgan Stanley adjusted its target to $450 from $400. These actions reflect positive sentiment regarding the company's recent performance and forward guidance.