AppLovin has received support from Deutsche Bank. For the first time, this gave a buy recommendation for the US technology company’s shares.
• Deutsche Bank recommends buying AppLovin
• Price target still leaves a lot of room for growth for AppLovin shares
• Analyst relies on combination of technology, reach and scale
The still relatively young US technology company AppLovin, which only made its stock market debut in April 2021 and whose share price has recently been volatile, received backing from Deutsche Bank in October 2025: Benjamin Black, senior analyst at the major bank, expects AppLovin to continue to scale its platform and gain market share.
The company, based in Palo Alto, California, has several of its own game studios and is active in the two segments of software platform and apps. It helps developers create, market and ultimately monetize apps and mobile games. AI-supported advertising technology is an important success factor.
Deutsche Bank gives a thumbs up
As InsiderMonkey reports, Deutsche Bank initiated coverage of AppLovin in October with a Buy rating and a price target of $705. At the time, the share price was only $552.64. Since then, the price level has improved to currently 608.68 US dollars (closing level on November 4th, 2025). So the paper still has a lot of room for improvement.
That speaks for AppLovin
In his stock analysis, Benjamin Black highlighted, among other things, AppLovin’s technological leadership role in the display of high-performance advertisements. AppLovin combines data-driven optimization and economies of scale, he praises.
The analyst also sees the improving diversification as positive. He expects AppLovin to continue to expand its customer base in non-gaming. This reduces cyclicality and increases the predictability of revenue.
Black further emphasized the robust margin dynamics: In his opinion, AppLovin has significant operational leverage. He therefore expects EBIT (DA) margins to remain strong.
Editorial team finanzen.net
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