Scotiabank Raises AppLovin Target to $775 While Jefferies Cuts to $700
Scotiabank raised AppLovin’s price target to $775 from $750 with an Outperform rating after Q4 revenue, EBITDA and EPS topped forecasts and its e-commerce platform remained on schedule for H1 2026. Wedbush lifted its target to $640 from $465 on gaming results, while Jefferies cut its to $700.
1. Q4 Beat and Platform Schedule
AppLovin posted Q4 revenue, EBITDA and EPS that all exceeded consensus forecasts, driven by strong performance in its gaming monetization network. Management confirmed the new e-commerce self-service platform remains on track for a first-half 2026 launch, underpinning growth visibility.
2. Scotiabank Raises Outperform Rating
Scotiabank lifted its price target on AppLovin to $775 from $750 while maintaining an Outperform rating. The bank highlighted the company’s Q4 beat and on-schedule platform rollout as key factors supporting a solid 2026 outlook.
3. Divergent Analyst Price Target Moves
Wedbush boosted its target to $640 from $465, citing robust gaming results, while Jefferies trimmed its target to $700 from $860 and BofA cut its objective to $705 from $780, reflecting industry de-rating and mixed e-commerce momentum.
4. AppLovin Business Overview and Outlook
AppLovin operates a software-based mobile marketing platform offering AppDiscovery, MAX, Adjust and SparkLabs to help developers maximize app marketing and revenue. The combination of advertising, analytics and the upcoming e-commerce service positions the company for diversified growth.