AppLovin Corporation (NASDAQ:APP) is highlighted as one of the High-Flying Stocks to Buy Right Now, with Citi analyst Jason Bazinet maintaining a “Buy” rating and setting a price objective of $820.00 due to the company’s Axon-driven e-Commerce momentum and improved customer quality.

Citi analyst notes a significant increase in e-Commerce clients using Axon, with growth in Axon’s penetration among Shopify merchants, particularly in the U.S. This positive trend is viewed favorably due to the depth and monetization potential highlighted by the analyst.

Evercore ISI analyst Robert Coolbrith initiated coverage on AppLovin Corporation (NASDAQ:APP) with an “Outperform” rating and a price objective of $835, emphasizing the company’s dominance in mobile gaming ad-tech and emerging e-commerce performance channel, which can sustain revenue and EBITDA growth.

AppLovin Corporation (NASDAQ:APP) develops a software-based platform to enhance advertisers’ marketing and monetization efforts for content.

While acknowledging APP’s investment potential, some AI stocks may offer greater upside with less downside risk. For a potentially undervalued AI stock that could benefit from Trump-era tariffs and onshoring trends, a free report on the best short-term AI stock is available.

Disclosure: None. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: Citi Maintains Buy Rating on AppLovin (APP) Stock