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Analysts Are Bullish on Top Communication Services Stocks: Groupon (GRPN), AppLovin (APP)

Tipranks - Tue Aug 12, 2025

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Groupon (GRPNResearch Report), AppLovin (APPResearch Report) and Perion Network (PERIResearch Report) with bullish sentiments.

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Groupon (GRPN)

In a report released today, Bobby Brooks from Northland Securities maintained a Buy rating on Groupon, with a price target of $44.00. The company’s shares closed last Friday at $32.98.

According to TipRanks.com, Brooks is a 5-star analyst with an average return of 27.5% and a 69.5% success rate. Brooks covers the Industrial Goods sector, focusing on stocks such as Atmus Filtration Technologies, Inc., Ceco Environmental, and Tetra Technologies. ;'>

Groupon has an analyst consensus of Hold, with a price target consensus of $37.25, implying a 1.5% upside from current levels. In a report issued on August 8, Roth MKM also maintained a Buy rating on the stock with a $47.00 price target.

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AppLovin (APP)

Jefferies analyst James Heaney CFA maintained a Buy rating on AppLovin today and set a price target of $560.00. The company’s shares closed last Friday at $455.98, close to its 52-week high of $525.15.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 21.2% and a 47.2% success rate. CFA covers the NA sector, focusing on stocks such as Universal Music Group, Warner Music Group, and Walt Disney. ;'>

Currently, the analyst consensus on AppLovin is a Strong Buy with an average price target of $524.78, which is a 17.0% upside from current levels. In a report issued on August 7, Piper Sandler also maintained a Buy rating on the stock with a $500.00 price target.

Perion Network (PERI)

In a report released today, Eric Martinuzzi from Lake Street reiterated a Buy rating on Perion Network, with a price target of $14.00. The company’s shares closed last Friday at $10.21.

According to TipRanks.com, Martinuzzi is a 5-star analyst with an average return of 11.6% and a 49.1% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as SoundThinking Inc, Extreme Networks, and One Stop Systems. ;'>

Currently, the analyst consensus on Perion Network is a Moderate Buy with an average price target of $13.00.

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