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AppLovin Reports Earnings Today. What to Expect. - Barron's

1. AppLovin's earnings expected to jump, boosting stock price. 2. Analysts predict earnings of $1.25 per share on $1.26 billion revenue. 3. Wedbush analyst raised price target to $545, maintaining 'Outperform' rating. 4. Stock has risen 719% over the last 12 months, showing strong performance. 5. Investors expect updates on AI initiatives like Axon to drive future growth.

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FAQ

Why Bullish?

The forecasted earnings surge aligns with strong historical performance, indicating confidence in growth.

How important is it?

The earnings announcement and analyst upgrades directly influence investor sentiment and stock performance.

Why Short Term?

Earnings announcement may result in immediate market reactions affecting APP stock.

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