Automated GUI testing is crucial for ensuring the quality and reliability of Android apps. However, the efficacy of existing UI testing techniques is often limited, especially in terms of coverage. Recent studies, including the state-of-the-art, struggle to achieve more than 30% activity coverage in real-world apps. This limited coverage can be attributed to a combination of factors such as failing to generate complex user inputs, unsatisfied activation conditions regarding device configurations and external resources, and hard-to-reach code paths that are not easily accessible through the GUI. To overcome these limitations, we propose CovAgent, a novel agentic AI-powered approach to enhance Android app UI testing. Our fuzzer-agnostic framework comprises an AI agent that inspects the app's decompiled Smali code and component transition graph, and reasons about unsatisfied activation conditions within the app code logic that prevent access to the activities that are unreachable by standard and widely adopted GUI fuzzers. Then, another agent generates dynamic instrumentation scripts that satisfy activation conditions required for successful transitions to those activities. We found that augmenting existing fuzzing approaches with our framework achieves a significant improvement in test coverage over the state-of-the-art, LLMDroid, and other baselines such as Fastbot and APE (e.g., 101.1%, 116.3% and 179.7% higher activity coverage, respectively). CovAgent also outperforms all the baselines in other metrics such as class, method, and line coverage. We also conduct investigations into components within CovAgent to reveal further insights regarding the efficacy of Agentic AI in the field of automated app testing such as the agentic activation condition inference accuracy, and agentic activity-launching success rate.