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DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
NASDAQ:APPS

Digital Turbine (APPS) Stock Price, News & Analysis

$1.85
-0.06 (-3.14%)
(As of 04/19/2024 ET)
Today's Range
$1.81
$1.91
50-Day Range
$1.79
$3.85
52-Week Range
$1.78
$14.61
Volume
1.58 million shs
Average Volume
1.84 million shs
Market Capitalization
$188.74 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.50

Digital Turbine MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
305.4% Upside
$7.50 Price Target
Short Interest
Healthy
5.96% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.66
Upright™ Environmental Score
News Sentiment
0.57mentions of Digital Turbine in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-25.00%
From $0.16 to $0.12 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.55 out of 5 stars

Computer And Technology Sector

251st out of 586 stocks

Patent Owners & Lessors Industry

3rd out of 7 stocks

APPS stock logo

About Digital Turbine Stock (NASDAQ:APPS)

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.

APPS Stock Price History

APPS Stock News Headlines

The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Digital Turbine (NASDAQ:APPS) Raised to "Hold" at StockNews.com
Digital Turbine: Do Not Buy This Stock
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Appeal date set for Crooked House public inquiry
Digital Turbine: Why I Will Stay Clear For Now
APPS Mar 2024 4.500 call
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
4/21/2024
Next Earnings (Estimated)
5/22/2024
Fiscal Year End
3/31/2025

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 Target
$7.50
High Stock Price Target
$10.00
Low Stock Price Target
$4.50
Potential Upside/Downside
+305.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$16.67 million
Pretax Margin
-35.97%

Debt

Sales & Book Value

Annual Sales
$665.92 million
Cash Flow
$1.64 per share
Book Value
$6.12 per share

Miscellaneous

Free Float
96,716,000
Market Cap
$188.74 million
Optionable
Optionable
Beta
2.48
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APPS Stock Analysis - Frequently Asked Questions

Should I buy or sell Digital Turbine stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 target for 2024?

4 analysts have issued 1-year price targets for Digital Turbine's stock. Their APPS share price targets range from $4.50 to $10.00. On average, they anticipate the company's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 305.4% 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 2024?

Digital Turbine's stock was trading at $6.86 at the beginning of the year. Since then, APPS stock has decreased by 73.0% and is now trading at $1.85.
View the best growth stocks for 2024 here
.

Are investors shorting Digital Turbine?

Digital Turbine saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 5,470,000 shares, a decrease of 34.4% from the March 15th total of 8,340,000 shares. Based on an average daily volume of 2,700,000 shares, the short-interest ratio is currently 2.0 days. Approximately 6.0% of the shares of the stock are sold short.
View Digital Turbine's Short Interest
.

When is Digital Turbine's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our APPS earnings forecast
.

How were Digital Turbine's earnings last quarter?

Digital Turbine, Inc. (NASDAQ:APPS) posted its earnings results on Wednesday, February, 7th. The software maker reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.03. The software maker had revenue of $142.63 million for the quarter, compared to analysts' expectations of $146.45 million. Digital Turbine had a positive trailing twelve-month return on equity of 4.48% and a negative net margin of 34.53%.

What ETFs hold Digital Turbine's stock?

ETFs with the largest weight of Digital Turbine (NASDAQ:APPS) stock in their portfolio include SmartETFs Advertising & Marketing Technology ETF (MRAD) and Jacob Forward ETF (JFWD).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR).

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

Digital Turbine issued an update on its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share guidance of 0.500-0.540 for the period, compared to the consensus EPS estimate of 0.610. The company issued revenue guidance of $547.0 million-$553.0 million, compared to the consensus revenue estimate of $572.5 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).

Who are Digital Turbine's major shareholders?

Digital Turbine's stock is owned by a number of institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.00%), First Trust Direct Indexing L.P. (0.05%) and Allspring Global Investments Holdings LLC (0.02%). Insiders that own company stock include Christine Collins, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:APPS) was last updated on 4/21/2024 by MarketBeat.com Staff

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