Over the past 52 weeks, ad-tech stock AppLovin (NASDAQ: APP) has been among the biggest standouts in the market. Year-to-date, shares are up by a staggering 457%. That performance ranks in the top ten best among U.S. large-cap stocks.
The latest surge in AppLovin shares comes as several Wall Street analysts have just grown much more bullish on this name. The stock is up by over 11% when combining gains on Sept. 26 and Sept. 29. Below, we’ll break down the landscape of analyst forecasts on AppLovin. We’ll also detail the analyst price targets that led to the recent rise in shares and provide perspective on AppLovin’s future.
