Applovin Corp (APP) has shaken off its summer slump and is trading near $351, climbing back to its April and May range after a 70% year-to-date surge. The ad-tech engine AXON is powering mobile app installs at scale and performance metrics show return on ad spend improving by mid-30% this quarter. A recent deal with TIM Brazil highlights growing global momentum.
Growth earns a premium. APP trades at roughly 25 times forward earnings, and the Q2 results could make or break sentiment. If mobile ad spend softens or competition heats up, the valuation could snap back fast. Social buzz on Reddit and Stocktwits remains high but looks stretched. Clearing $370 could signal another leg up. Failure there might see support form around $330.
Innodata (INOD) is trading near $52.37 after jumping from the low 50s following 120% revenue growth in Q1. The company beat estimates with strong demand for AI training data and launched its GoldenGate low-code solution. Analyst targets cluster near $66 to $67, implying about 25% upside. A recent securities investigation has stirred volatility, and the business still faces cyclical data contracts and mixed margins.
INOD is trending on X and Reddit with traders focusing on double-digit earnings surprises and pipeline expansions. If investigations drag or growth slows, pullbacks could test $45, a key support zone. A breakout above $60 might ignite institutional interest and a short squeeze.
Applovin’s core growth comes from mobile ad spend in consumer and gaming sectors. High multiples demand flawless execution. Innodata is riding the AI data wave but risks remain with regulatory headlines and client retention. Both stocks offer strong moves but timing and earnings clarity will be crucial.
Disclaimer: this is not financial advice