10 AI Stocks That Will Skyrocket

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1. AppLovin Corporation (NASDAQ:APP)

Upside Potential: 130.13%

Number of Hedge Fund Holders: 95

AppLovin Corporation (NASDAQ:APP) helps businesses find and reach the right customers through AI-powered advertising. The company offers a full suite of tools that help other companies promote apps, make money from ads, analyze performance, and optimize user engagement. It also owns and operates a large portfolio of mobile games, which gives it a deep understanding of the mobile app and ad space. The company makes most of its money through advertising. Some of AppLovin’s key AI-driven products include App Discovery, MAX, Adjust, and Wurl.

On April 8, Wells Fargo analyst Alec Bonello kept his “Overweight” rating on Applovin. However, he lowered the price target on the stock to $386 from $538. Bonelo noted healthy mobile game growth in Q1, robust ecommerce customer additions, and mid-single digital ad revenues upside. On the downside, though, the investment bank remains wary of tariffs ,which are likely to impact Q2 e-commerce ad spend. AppLovin is shifting from being known mainly for mobile gaming ads to becoming a broad advertising platform that can support brands across all industries, not just gaming. Their advertising platform, powered by AI (AXON), is now attracting ecommerce and other types of advertisers. The company is moving toward a self-service model to allow more businesses to easily use its platform.

While we acknowledge the growth potential of APP, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than APP but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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