Daiwa Securities initiated coverage on AppLovin with a new price target
$APP
Computer Software: Programming Data Processing
Technology
Daiwa Securities initiated coverage of AppLovin with a rating of Neutral and set a new price target of $80.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/10/2025 | $375.00 | Buy | The Benchmark Company |
| 11/20/2024 | $400.00 | Overweight | Piper Sandler |
| 11/8/2024 | $80.00 → $280.00 | Neutral → Outperform | Daiwa Securities |
| 10/29/2024 | $200.00 | Overweight | Wells Fargo |
| 10/22/2024 | $181.00 | Buy | Loop Capital |
| 10/14/2024 | $103.00 → $150.00 | Buy → Neutral | Goldman |
| 9/17/2024 | $100.00 → $145.00 | Neutral → Buy | UBS |
| 5/2/2024 | $70.00 → $93.00 | Buy | Jefferies |
Joint Venture Partner Committed Annual Profit of RMB20 Million and 50% Annual Growth SHANGHAI, Dec. 16, 2024 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed a Joint Venture agreement (hereinafter referred to as the "Agreement") with Shenzhen JiTuo Interactive Technology Co., Ltd. (hereinafter referred to as "JiTuo"), an AI algorithms mobile advertising company in China. JiTuo is a game development partner with AppLovin Corporation (NASDAQ:APP) in China. It is also an agency partner for Apple Search Ads in China. The9 will hold a 51% stake and JiTuo wil
AppLovin Corporation (NASDAQ:APP), a leading marketing platform, today announced it has completed the acquisition of Wurl, a world leader in powering streaming TV, for approximately $430 million in cash and stock. The acquisition extends AppLovin's software platform capabilities into the Connected TV (CTV) market. "We are excited to complete the acquisition of Wurl and provide advertisers with a seamless way to enter the rapidly growing CTV market," said Adam Foroughi, CEO and co-founder of AppLovin. "This partnership will allow us to scale our technology beyond mobile with the goal of bringing performance marketing to the CTV market and becoming the world's largest advertising ecosystem i
AppLovin Corporation (NASDAQ:APP), a leading marketing platform, today announced it has reached a definitive agreement to acquire Wurl, a high-growth software platform in the Connected TV (CTV) market. The transaction is valued at approximately $430 million and is subject to customary closing conditions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220228005934/en/ The acquisition will extend AppLovin's software platform capabilities into the large and growing CTV market. In 2021, eMarketer projected that U.S. advertisers spent $14.4 billion on CTV, an increase of 60% compared to 2020, with ad spending projected to surpass $30
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144 - AppLovin Corp (0001751008) (Subject)
144 - AppLovin Corp (0001751008) (Subject)
AppLovin Corporation, (NASDAQ:APP) ("AppLovin" or the "Company") the leading marketing platform, today announced it will report financial results for the fourth quarter and fiscal year 2024 on Wednesday, February 12, 2025 after the U.S. stock market closes. An accompanying webinar will take place at 2:00 PM PT / 5:00 PM ET on February 12, 2025 during which management will discuss quarterly results, as well as provide commentary on business performance. The webinar will be hosted by Adam Foroughi, Co-founder and Chief Executive Officer, and Matthew Stumpf, Chief Financial Officer. The webinar may be accessed on the Company's website at: https://investors.applovin.com or via webinar regis
Joint Venture Partner Committed Annual Profit of RMB20 Million and 50% Annual Growth SHANGHAI, Dec. 16, 2024 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed a Joint Venture agreement (hereinafter referred to as the "Agreement") with Shenzhen JiTuo Interactive Technology Co., Ltd. (hereinafter referred to as "JiTuo"), an AI algorithms mobile advertising company in China. JiTuo is a game development partner with AppLovin Corporation (NASDAQ:APP) in China. It is also an agency partner for Apple Search Ads in China. The9 will hold a 51% stake and JiTuo wil
AppLovin Corporation (NASDAQ:APP) (the "Company") announced today the pricing of its public offering of $3.55 billion aggregate principal amount of senior notes consisting of $1,000 million aggregate principal amount of 5.125% Senior Notes due 2029 (the "2029 Notes"), $1,000 million aggregate principal amount of 5.375% Senior Notes due 2031 (the "2031 Notes"), $1,000 million aggregate principal amount of 5.500% Senior Notes due 2034 (the "2034 Notes") and $550 million aggregate principal amount of 5.950% Senior Notes due 2054 (the "2054 Notes" and, collectively with the 2029 Notes, the 2031 Notes and the 2034 Notes, the "Notes"). The offering is being made by means of an underwritten public
NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced that AppLovin Corporation (NASDAQ:APP), will become a component of the Nasdaq-100 Index® (NASDAQ:NDX) and the Nasdaq-100 Equal Weighted™ Index (NASDAQ:NDXE) prior to market open on Monday, November 18, 2024. AppLovin Corporation will replace Dollar Tree, Inc. (NASDAQ:DLTR) in the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted™ Index. Dollar Tree, Inc. will also be removed from the Nasdaq-100 Ex-Tech Sector™ Index (NASDAQ:NDXX), the Nasdaq-100 ESG™ Index (NASDAQ:NDXESG), the Nasdaq-100 Sustainable ESG Select™ Index (NASDAQ:NDXSES) , the Nasdaq-100 ex Top 30™ Index (NASDAQ:NDX), and the Nasdaq-100 ex T
AppLovin Corporation (NASDAQ:APP) ("AppLovin"), a leading marketing platform, today announced the appointment of Barbara Messing, former Roblox Chief Marketing and Communications Officer to its Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240227161788/en/AppLovin appoints Barbara Messing, former Roblox Chief Marketing and Communications Officer to its Board of Directors. Photo credit: AppLovin Corporation. "We welcome Barbara as an advisor and prominent addition to the AppLovin board," said Adam Foroughi, Co-founder, CEO and Chairperson of AppLovin. "As we expand the applications of our innovative technolog
AppLovin Corporation (NASDAQ:APP), a leading marketing platform, today announced the appointment of former Pinterest and Twitter executive Todd Morgenfeld to its Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230906011618/en/Todd Morgenfeld joins AppLovin's Board of Directors (source: AppLovin Corporation). "Todd will be an advisor and strong addition to the AppLovin board," said Adam Foroughi, Co-founder, CEO and Chairperson of AppLovin. "As we continue to execute on our mission of enabling companies around the world to bring their ideas, products, and content to more people at massive scale, I look forward
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4 - AppLovin Corp (0001751008) (Issuer)
4 - AppLovin Corp (0001751008) (Issuer)
4 - AppLovin Corp (0001751008) (Issuer)
The Benchmark Company initiated coverage of AppLovin with a rating of Buy and set a new price target of $375.00
Piper Sandler initiated coverage of AppLovin with a rating of Overweight and set a new price target of $400.00
Daiwa Securities upgraded AppLovin from Neutral to Outperform and set a new price target of $280.00 from $80.00 previously