Weekly Recap: Raymond James Strong Buy $640 and Q2 2026 Results

AppLovin Corp. (NASDAQ:APP) surged about 10.7% after Raymond James initiated coverage with a Strong Buy and $640 target, citing e‑commerce ad expansion, a 20–30% ad growth outlook and a self‑serve platform launch; the company will report Q2 2026 results and host a webinar Aug. 5.

Previous Week Recap

• AppLovin Stock Jump On Buy: AppLovin (APP) jumped ~10.7% after Raymond James started coverage with a Strong Buy and $640 target, citing e‑commerce ad expansion, 20–30% ad growth outlook and self‑serve platform launch.
• AppLovin Q2 2026 Results: AppLovin (APP) will report Q2 2026 results for period ended June 30 after U.S. close on Aug 5, 2026, and host a results webinar the same day at 2:00 PM PT / 5:00 PM ET.

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