Investing.com -- Bank of America reiterated Applovin Corp (NASDAQ:APP) as its top stock pick, saying the mobile adtech firm’s financial performance and growth outlook remain strong despite recent declines following a short seller report.
The brokerage highlighted multiple catalysts through the first half of 2025 to sustain AppLovin’s rally, citing superior profit margins and long-term growth projections that outpace industry peers.
It also pointed to the company’s expanding role in transforming mobile gaming into an e-commerce advertising platform.
BofA sees the recent share price drop as a buying opportunity, noting that AppLovin now trades at a discount to peers despite expected EBITDA growth of 51% through 2026. It maintained a price target of $580, arguing that any valuation discount should fade as investors gain clarity on the company’s business model.
AppLovin’s CEO addressed what the firm called inaccuracies in the short seller report during a Feb. 26 call with analysts and in a blog post. CEO emphasized that the company’s auction process is fair, with safeguards including a Big Four audit to ensure compliance, and denied claims of ad fraud.
Related Articles
Analyst sees entry point in AppLovin following short seller report
Tesla seeking approval to offer ride-hailing services in California, Bloomberg News reports
Starlink owner Musk wrongly accuses Verizon of faulty US aviation system
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。