Citi Adds “Upside 90-Day Catalyst Watch” on AppLovin Corporation (APP)
Key takeaways
- Citi maintained a Buy rating on App Lovin Corporation (NASDAQ:APP) on June 1, adding an “upside 90-day catalyst watch” on the stock with a $710 price target.
- AppLovin Corporation (NASDAQ:APP) also received a rating update from JPMorgan on May 7, with the firm lifting the price target on the stock to $515 from $500 and maintaining a Neutral rating on the shares.
- For reference, in its financial results for fiscal Q1 2026, AppLovin Corporation (NASDAQ:APP) reported revenue of $1,842 million, compared to $1,159 million in the prior year period.
Citi Adds “Upside 90-Day Catalyst Watch” on App Lovin Corporation (APP) Noor Ul Ain Rehman Wed, June 10, 2026 at 12:25 AM GMT+7 2 min read APP App Lovin Corporation (NASDAQ:APP) is one of the best NASDAQ stocks to buy and hold for 3 years. Citi maintained a Buy rating on App Lovin Corporation (NASDAQ:APP) on June 1, adding an “upside 90-day catalyst watch” on the stock with a $710 price target. The firm told investors in a research note that it sees upside to estimates as the company’s e-commerce platform moves to general availability by June 30. It added that the general rollout could result in store growth and e-commerce revenue acceleration.
AppLovin Corporation (NASDAQ:APP) also received a rating update from JPMorgan on May 7, with the firm lifting the price target on the stock to $515 from $500 and maintaining a Neutral rating on the shares. The firm told investors in a research note that the company reported a Q1 beat and guided Q2 in line with expectations.
For reference, in its financial results for fiscal Q1 2026, AppLovin Corporation (NASDAQ:APP) reported revenue of $1,842 million, compared to $1,159 million in the prior year period. Net income for the quarter came up to $1,206 million, compared to $576 in the previous year period.