11:04 AM EDT, 09/12/2025 (MT Newswires) -- AppLovin's ( APP ) growth is expected to continue as the company benefits from a steady pipeline of growth drivers at high margin, Wedbush Securities said in a note Friday.

For the current year alone, the company is likely to benefit "handsomely" from more players, higher user acquisition spending, and layering in ecommerce, analysts said, adding that user acquisition spend on mobile games will likely become a tailwind in 2026.

Near-term catalysts include the company's earlier-than-expected international expansion in Q3 and the opening of its self-serve tool on Oct. 1, according to the note.

Analysts also said they were confident that AppLovin ( APP ) has secured its moat within the performance marketing space for at least another three years. "We believe AppLovin's ( APP ) moat is secure; even as competitors will ultimately close the gap toward its proprietary technology," Wedbush analysts said in the note.

Webush raised its price target on the stock to $725 from $620, and reaffirmed its outperform rating.

Shares of AppLovin ( APP ) were up 2% in recent trading Friday.

Price: 582.79, Change: +11.48, Percent Change: +2.01