AppLovin (APP) Set to Dominate Mobile Marketing with AI-Powered Audience+ Platform
From Yahoo Finance: 2025-03-30 12:23:00
- Elon Musk and OpenAI are fast-tracking trial over OpenAI’s transition to for-profit status to raise capital. Bloomberg reports cash flow not turning positive until 2029, despite expected revenue tripling to $12.7 billion by 2025 due to high costs in developing AI systems.
- OpenAI must restructure to for-profit by year-end for full $40 billion funding from SoftBank. Failure could mean only $20 billion investment. Funding would value company at $300 billion, more than double its previous $157 billion valuation in October.
- AppLovin (APP) offers AI-powered marketing platform Audience+ for mobile gaming, DTC, e-commerce. FBN Securities initiates coverage with "Outperform" rating and $385.00 price target. APP ranks 7th among AI stocks. For higher returns, explore other AI stock options.
- Hedge funds show interest in AI stocks, outperforming market with 373.4% return since 2014. APP’s growth strategy includes mergers, acquisitions, and AI talent advantages. While APP holds promise, other AI stocks may offer greater returns in shorter timeframes.
Read more: AppLovin (APP) Set to Dominate Mobile Marketing with AI-Powered Audience+ Platform