Argus initiated coverage on Applovin (APP) with a "buy" rating. The firm set a price target of $520.00. This target represents a potential 24.57% upside. Twenty-three analysts maintain a "Moderate Buy" consensus.
Applovin shares opened up over 3% on April 14. Sentiment reflects growth expectations for the e-commerce segment. The company reports first-quarter 2026 earnings on May 6.