UBS analyst John Hodulik reiterated a Buy rating on AppLovin (APP) with a $540.00 price target after the company beat second quarter results and raised sales guidance. The firm increased its fiscal year 2026 EBITDA estimate to $6.18 billion, driven by strong gaming trends in Q2 and Q3. AppLovin plans to roll out a self-serve web-based ad platform in October, aiming to boost revenue growth. The stock dip post-earnings presents a buying opportunity. AppLovin Corporation (NASDAQ: APP) offers a leading marketing platform powered by AI technology. For more insights on AI stocks, check out our free report.

Read more at Yahoo Finance: UBS Reiterates Buy on AppLovin (APP) With $540 PT After Q2 Beat