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RomainRoth

Romain Roth

Dear Etorians, 09/12/24

2024-09-12

Dear Etorians, 09/12/24 BofA Securities is positive and recommends the stock as a Buy. The price target is revised upwards from 100 USD to 120 USD. AppLovin ( $APP )'s eCommerce segment is expected to contribute 10% to revenue by 2025 and 16% by 2026, reflecting a significant boost from this sector, BofA said in a note Wednesday. AppLovin's software segment is expected to achieve more than 20% year-over-year growth through 2026, driven by better install rates and greater efficiency of its AI engine, a said the investment company. After these two announcements the share price rose 20% in two days. I must remind you that following the drop below 62$ a month ago, two copiers decided to no longer copy me. It was precisely at this time that I increased our exposure to this stock, for a potential gain of more than 60%. The stock price has exceeded 100$. The stock market is very volatile but you have to look at the long term. I therefore thank my copiers who have decided to continue to trust me. This evening Adobe will publish these results, so I will see you tomorrow.

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