From Nasdaq: 2025-06-12 09:06:00

Zacks.com highlights the recent performance of AppLovin Corp. Stock, which has surged 50% in the past three months, outperforming industry giants like Alphabet and Meta Platforms. The company’s success is attributed to its AI engine, Axon 2, which has quadrupled advertising spend and led to a $10 billion annual run rate in ad spend from gaming clients.

While tech giants like Google, Microsoft, and Salesforce focus on enterprise productivity and CRM, AppLovin leverages AI to drive direct monetization in mobile advertising. The company’s financial results reflect its strong market demand, with revenues surging 40% year over year in the first quarter of 2025, and net income skyrocketing 144% from the prior year.

Analyst estimates signal further upside for AppLovin, with expectations of significant earnings and revenue growth in the coming quarters. The company’s recent rally is supported by its cutting-edge technology, financial metrics, and bullish analyst forecasts, making it a strong buy for investors seeking exposure to high-growth AI-powered tech.

AppLovin currently holds a Zacks Rank #1 (Strong Buy), reflecting confidence in its future performance. For investors looking for potential high-growth stocks, Zacks highlights five stocks set to double in 2024, offering the opportunity to access their top stock-picking strategies with proven success.



Read more at Nasdaq: The Zacks Analyst Blog Highlights AppLovin, Alphabet, Meta Platforms, Microsoft and Salesforce