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Benzinga

Business

Anusuya Lahiri

Applovin Set To Capitalize On AI Frenzy, Ad Growth, Analyst Cautions On Near-Term Volatility

AppLovin APP Eric Sheridan AppLovin Corp Goldman Sachs

In November, Applovin Corp (NASDAQ:APP) reported third-quarter revenue of $1.20 billion, up 39%, topping the analyst consensus estimate of $1.13 billion. EPS of $1.25 beat the analyst consensus estimate of $0.94.

Despite the strong results, Goldman Sachs analyst Eric Sheridan maintained a Neutral rating on the stock, with a price target of $220.

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Trump heads to rallies in Arizona and Montana after campaign stop-off in Alaska – US politics live

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Hong Kong steps up checks for plague for Russia arrivals after lab worker’s death in Siberia

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