AppLovin Corporation (NASDAQ:APP) is highlighted as one of the Best Non-Mega Cap NASDAQ Stocks to Buy Right Now. Citi reaffirmed the stock as a top pick ahead of the company’s second-quarter earnings report on August 6, maintaining a Buy rating with a $600 price target based on confidence in AppLovin’s performance.

Citi expects AppLovin’s second-quarter results to be at the high end of guidance ranges, citing strength in the company’s software platform and monetization strategy driving momentum into the second half of 2025 and 2026. AI-driven ad targeting and mobile app optimization tools support revenue acceleration.

Investors are eagerly awaiting AppLovin’s upcoming earnings report for further confirmation of Citi’s bullish stance and potential upward revisions to guidance. While AppLovin (APP) shows promise as an investment, other AI stocks offer greater upside potential with less downside risk. Check out the best short-term AI stock for more investment opportunities.

Read more at Yahoo Finance: AppLovin (APP) Reaffirmed as Top Pick by Citi Ahead of Q2 Earnings