AppLovin stock price climbs after Needham upgrade — and earnings are the next test
AppLovin shares closed up 1.5% at $543.56 Tuesday after Needham upgraded the stock to “buy” with a $700 target, citing strong e-commerce ad growth projections for 2026. Needham raised its e-commerce revenue forecast to $1.45 billion and noted new clients using AppLovin’s Axon tools, though some partnerships remain unconfirmed. AppLovin reports Q4 and full-year 2025 earnings on Feb. 11.