QQQ   353.15 (+1.24%)
AAPL   180.57 (+1.55%)
MSFT   325.26 (+0.58%)
META   264.58 (+0.37%)
GOOGL   122.14 (-0.29%)
AMZN   124.25 (+2.49%)
TSLA   234.86 (+4.58%)
NVDA   385.10 (+2.76%)
NIO   7.79 (+0.39%)
BABA   86.14 (+1.01%)
AMD   121.05 (+2.73%)
T   16.07 (-0.25%)
F   13.58 (-0.07%)
MU   65.32 (-2.59%)
CGC   0.69 (-4.14%)
GE   106.06 (-0.02%)
DIS   92.53 (+0.01%)
AMC   4.68 (-1.06%)
PFE   39.09 (+0.51%)
PYPL   64.24 (+0.31%)
NFLX   409.37 (+2.40%)
QQQ   353.15 (+1.24%)
AAPL   180.57 (+1.55%)
MSFT   325.26 (+0.58%)
META   264.58 (+0.37%)
GOOGL   122.14 (-0.29%)
AMZN   124.25 (+2.49%)
TSLA   234.86 (+4.58%)
NVDA   385.10 (+2.76%)
NIO   7.79 (+0.39%)
BABA   86.14 (+1.01%)
AMD   121.05 (+2.73%)
T   16.07 (-0.25%)
F   13.58 (-0.07%)
MU   65.32 (-2.59%)
CGC   0.69 (-4.14%)
GE   106.06 (-0.02%)
DIS   92.53 (+0.01%)
AMC   4.68 (-1.06%)
PFE   39.09 (+0.51%)
PYPL   64.24 (+0.31%)
NFLX   409.37 (+2.40%)
QQQ   353.15 (+1.24%)
AAPL   180.57 (+1.55%)
MSFT   325.26 (+0.58%)
META   264.58 (+0.37%)
GOOGL   122.14 (-0.29%)
AMZN   124.25 (+2.49%)
TSLA   234.86 (+4.58%)
NVDA   385.10 (+2.76%)
NIO   7.79 (+0.39%)
BABA   86.14 (+1.01%)
AMD   121.05 (+2.73%)
T   16.07 (-0.25%)
F   13.58 (-0.07%)
MU   65.32 (-2.59%)
CGC   0.69 (-4.14%)
GE   106.06 (-0.02%)
DIS   92.53 (+0.01%)
AMC   4.68 (-1.06%)
PFE   39.09 (+0.51%)
PYPL   64.24 (+0.31%)
NFLX   409.37 (+2.40%)
QQQ   353.15 (+1.24%)
AAPL   180.57 (+1.55%)
MSFT   325.26 (+0.58%)
META   264.58 (+0.37%)
GOOGL   122.14 (-0.29%)
AMZN   124.25 (+2.49%)
TSLA   234.86 (+4.58%)
NVDA   385.10 (+2.76%)
NIO   7.79 (+0.39%)
BABA   86.14 (+1.01%)
AMD   121.05 (+2.73%)
T   16.07 (-0.25%)
F   13.58 (-0.07%)
MU   65.32 (-2.59%)
CGC   0.69 (-4.14%)
GE   106.06 (-0.02%)
DIS   92.53 (+0.01%)
AMC   4.68 (-1.06%)
PFE   39.09 (+0.51%)
PYPL   64.24 (+0.31%)
NFLX   409.37 (+2.40%)
NASDAQ:APPS

Digital Turbine (APPS) Stock Forecast, Price & News

$9.39
+0.10 (+1.08%)
(As of 06/8/2023 ET)
Compare
Today's Range
$9.17
$9.42
50-Day Range
$8.23
$14.43
52-Week Range
$7.72
$25.00
Volume
1.41 million shs
Average Volume
2.35 million shs
Market Capitalization
$938.87 million
P/E Ratio
58.69
Dividend Yield
N/A
Price Target
$14.71

Digital Turbine MarketRank™ Forecast

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
56.4% Upside
$14.71 Price Target
Short Interest
Healthy
6.34% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.66
Upright™ Environmental Score
News Sentiment
0.44mentions of Digital Turbine in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$368,900 Sold Last Quarter
Proj. Earnings Growth
47.92%
From $0.48 to $0.71 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.62 out of 5 stars

Computer And Technology Sector

89th out of 594 stocks

Patent Owners & Lessors Industry

2nd out of 7 stocks


APPS stock logo

About Digital Turbine (NASDAQ:APPS) Stock

Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through two segments, On Device Solutions and App Growth Platform. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising and media content delivery services, and sponsored and editorial content media. The company also provides direct campaign management products, such as the DT DSP and DT Offer Wall; ad monetization solutions allow mobile app publishers and developers to monetize their monthly active users via display, native, and video advertising; brands and agencies runs mobile brand-awareness campaigns on the direct mobile app inventory; and app developers and other performance-focused advertisers execute mobile user acquisition campaigns for their apps and products. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. The company is headquartered in Austin, Texas.

Receive APPS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Digital Turbine and its competitors with MarketBeat's FREE daily newsletter.

APPS Stock News Headlines

Digital Turbine (NASDAQ:APPS) Stock Price Down 5.4%
"How war impacts the stock market"
Russia's invasion of Ukraine has already sent the stock market down 10%. But that's just the opening act for the new Russia-China Alliance. There's a major event involving China that's heating up... and it could boil over as soon as April 16th, 2023. Click Here to Learn How to Protect Your Retirement
"How war impacts the stock market"
Russia's invasion of Ukraine has already sent the stock market down 10%. But that's just the opening act for the new Russia-China Alliance. There's a major event involving China that's heating up... and it could boil over as soon as April 16th, 2023. Click Here to Learn How to Protect Your Retirement
Digital Turbine (NASDAQ:APPS) Updates Q1 Earnings Guidance
Digital Turbine (NASDAQ:APPS) Lowered to Neutral at Roth Mkm
Roth MKM downgrades Digital Turbine (APPS) to a Hold
4 Analysts Have This to Say About Digital Turbine
Q4 2023 Digital Turbine Inc Earnings Call
Why Is Digital Turbine (APPS) Stock Down 36% Today?
Digital Turbine: End Of The Road - Part 2
Recap: Digital Turbine Q4 Earnings
Digital Turbine (NASDAQ: APPS)
See More Headlines

APPS Price History

APPS Company Calendar

Last Earnings
11/02/2021
Today
6/08/2023
Next Earnings (Estimated)
8/14/2023
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Patent owners & lessors
Sub-Industry
N/A
Current Symbol
NASDAQ:APPS
Fax
N/A
Employees
777
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$14.71
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+56.9%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$16.67 million
Pretax Margin
3.31%

Debt

Sales & Book Value

Annual Sales
$665.92 million
Cash Flow
$1.73 per share
Book Value
$6.12 per share

Miscellaneous

Free Float
94,487,000
Market Cap
$937.87 million
Optionable
Optionable
Beta
2.47

Key Executives

  • Mr. William Gordon Stone III (Age 55)
    CEO & Director
    Comp: $1.25M
  • Mr. Matthew Gillis (Age 51)
    Pres
    Comp: $506.19k
  • Mr. Barrett Garrison (Age 47)
    Exec. VP & CFO
    Comp: $696.56k
  • Mr. Michael Benjamin Miller (Age 48)
    Chief Accounting Officer
    Comp: $351.96k
  • Mr. Senthil Kumaran
    Chief Technology Officer
  • Brian Bartholomew
    Sr. VP of Capital Markets & Strategy and Investor Relations
  • Angeline Tucker
    Chief People Officer
  • Eva Sayre
    Chief of Staff
  • Mr. David Wesch (Age 36)
    Controller













APPS Stock - Frequently Asked Questions

Should I buy or sell Digital Turbine stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" APPS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APPS, but not buy additional shares or sell existing shares.
View APPS analyst ratings
or view top-rated stocks.

What is Digital Turbine's stock price forecast for 2023?

7 analysts have issued 1-year price targets for Digital Turbine's stock. Their APPS share price forecasts range from $9.00 to $20.00. On average, they predict the company's stock price to reach $14.71 in the next twelve months. This suggests a possible upside of 56.9% from the stock's current price.
View analysts price targets for APPS
or view top-rated stocks among Wall Street analysts.

How have APPS shares performed in 2023?

Digital Turbine's stock was trading at $15.24 at the beginning of the year. Since then, APPS shares have decreased by 38.5% and is now trading at $9.38.
View the best growth stocks for 2023 here
.

When is Digital Turbine's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our APPS earnings forecast
.

How were Digital Turbine's earnings last quarter?

Digital Turbine, Inc. (NASDAQ:APPS) released its quarterly earnings results on Tuesday, November, 2nd. The software maker reported $0.44 EPS for the quarter, topping the consensus estimate of $0.32 by $0.12. The software maker earned $310.21 million during the quarter, compared to analysts' expectations of $304 million. Digital Turbine had a trailing twelve-month return on equity of 14.64% and a net margin of 2.50%. During the same period last year, the firm posted $0.12 EPS.

What guidance has Digital Turbine issued on next quarter's earnings?

Digital Turbine updated its first quarter 2024 earnings guidance on Saturday, May, 27th. The company provided earnings per share guidance of $0.11-$0.13 for the period, compared to the consensus estimate of $0.22. The company issued revenue guidance of $140.00 million-$145.00 million, compared to the consensus revenue estimate of $148.53 million.

What is Bill Stone's approval rating as Digital Turbine's CEO?

72 employees have rated Digital Turbine Chief Executive Officer Bill Stone on Glassdoor.com. Bill Stone has an approval rating of 97% among the company's employees. This puts Bill Stone in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 70.0% of employees surveyed would recommend working at Digital Turbine to a friend.

What other stocks do shareholders of Digital Turbine own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Digital Turbine investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Block (SQ), Tesla (TSLA), DocuSign (DOCU), Salesforce (CRM), Alibaba Group (BABA), PayPal (PYPL), Enphase Energy (ENPH) and Marvell Technology (MRVL).

What is Digital Turbine's stock symbol?

Digital Turbine trades on the NASDAQ under the ticker symbol "APPS."

Who are Digital Turbine's major shareholders?

Digital Turbine's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.39%), Granahan Investment Management LLC (4.44%), State Street Corp (3.51%), American Century Companies Inc. (2.45%), Rice Hall James & Associates LLC (1.87%) and Geode Capital Management LLC (1.78%). Insiders that own company stock include Christine Collins, Christopher Thomas Rogers, David Wesch, Jeff Karish, Michelle M Sterling, Robert M Deutschman, Robert M Deutschman and William Gordon Stone III.
View institutional ownership trends
.

How do I buy shares of Digital Turbine?

Shares of APPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Digital Turbine's stock price today?

One share of APPS stock can currently be purchased for approximately $9.38.

How much money does Digital Turbine make?

Digital Turbine (NASDAQ:APPS) has a market capitalization of $937.87 million and generates $665.92 million in revenue each year. The software maker earns $16.67 million in net income (profit) each year or $0.16 on an earnings per share basis.

How many employees does Digital Turbine have?

The company employs 777 workers across the globe.

How can I contact Digital Turbine?

Digital Turbine's mailing address is 111 NUECES STREET, AUSTIN TX, 78701. The official website for the company is www.digitalturbine.com. The software maker can be reached via phone at (512) 387-7717 or via email at brian.bartholomew@digitalturbine.com.

This page (NASDAQ:APPS) was last updated on 6/8/2023 by MarketBeat.com Staff

My Account -