S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
The single greatest medical breakthrough of all time? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Laser breakthrough could send stock soaring 2,467% (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
The single greatest medical breakthrough of all time? (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
The single greatest medical breakthrough of all time? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Laser breakthrough could send stock soaring 2,467% (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
The single greatest medical breakthrough of all time? (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
The single greatest medical breakthrough of all time? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Laser breakthrough could send stock soaring 2,467% (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
The single greatest medical breakthrough of all time? (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
The single greatest medical breakthrough of all time? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Laser breakthrough could send stock soaring 2,467% (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
The single greatest medical breakthrough of all time? (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
NASDAQ:APPS

Digital Turbine (APPS) Stock Forecast, Price & News

$6.16
-0.12 (-1.91%)
(As of 09/22/2023 ET)
Compare
Today's Range
$6.16
$6.37
50-Day Range
$6.16
$11.00
52-Week Range
$6.16
$20.40
Volume
1.18 million shs
Average Volume
1.75 million shs
Market Capitalization
$619.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.00

Digital Turbine MarketRank™ Forecast

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
127.3% Upside
$14.00 Price Target
Short Interest
Healthy
5.32% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.66
Upright™ Environmental Score
News Sentiment
0.83mentions of Digital Turbine in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$850,850 Sold Last Quarter
Proj. Earnings Growth
59.38%
From $0.32 to $0.51 Per Share

Overall MarketRank

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

2.58 out of 5 stars

Computer And Technology Sector

208th out of 586 stocks

Patent Owners & Lessors Industry

2nd out of 6 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.

APPS Price History

APPS Stock News Headlines

Digital Turbine, Inc. (NASDAQ:APPS) CEO Sells $211,500.00 in Stock
Digital Turbine, Inc. (NASDAQ:APPS) CEO Sells $639,350.00 in Stock
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Digital Turbine, Inc. (NASDAQ:APPS) Short Interest Update
Digital Turbine (NASDAQ:APPS) Downgraded by Bank of America
This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
Diving Back Into Digital Turbine
Digital Turbine: SingleTap Is Taking Shape
Digital Turbine (APPS) Receives a Buy from Bank of America Securities
Digital Turbine: Navigating Turbulent Waters
Digital Turbine: Valuation Not Attractive
See More Headlines
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APPS Company Calendar

Last Earnings
8/08/2023
Today
9/24/2023
Next Earnings (Estimated)
11/08/2023
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
$14.00
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+127.3%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$16.67 million
Pretax Margin
-1.29%

Debt

Sales & Book Value

Annual Sales
$665.92 million
Cash Flow
$1.70 per share
Book Value
$6.12 per share

Miscellaneous

Free Float
95,290,000
Market Cap
$619.20 million
Optionable
Optionable
Beta
2.49
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Key Executives

  • Mr. William Gordon Stone III (Age 55)
    CEO & Director
    Comp: $716.44k
  • Mr. Matthew Gillis (Age 51)
    Pres
    Comp: $436.71k
  • Mr. Barrett Garrison (Age 47)
    Exec. VP & CFO
    Comp: $471.38k
  • Mr. Michael Benjamin Miller (Age 48)
    Chief Accounting Officer
    Comp: $340.66k
  • Mr. Senthilkumaran Kanagaratnam (Age 49)
    Chief Technology Officer
    Comp: $658.6k
  • 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 year. There are currently 6 hold ratings and 1 buy rating 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 Wall Street analysts have issued 12-month target prices for Digital Turbine's shares. Their APPS share price forecasts range from $8.00 to $20.00. On average, they anticipate the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 127.3% 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 on January 1st, 2023. Since then, APPS shares have decreased by 59.6% and is now trading at $6.16.
View the best growth stocks for 2023 here
.

Are investors shorting Digital Turbine?

Digital Turbine saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 4,810,000 shares, a decline of 15.6% from the August 15th total of 5,700,000 shares. Based on an average daily trading volume, of 1,730,000 shares, the short-interest ratio is presently 2.8 days. Approximately 5.3% of the company's shares are short sold.
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, November 8th 2023.
View our APPS earnings forecast
.

How were Digital Turbine's earnings last quarter?

Digital Turbine, Inc. (NASDAQ:APPS) released its earnings results on Tuesday, August, 8th. The software maker reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.01. The software maker earned $146.37 million during the quarter, compared to analyst estimates of $143.06 million. Digital Turbine had a positive trailing twelve-month return on equity of 10.47% and a negative net margin of 1.03%.

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

Digital Turbine issued an update on its second quarter earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of $0.13-$0.15 for the period, compared to the consensus earnings per share estimate of $0.17. The company issued revenue guidance of $141-$149 million, compared to the consensus revenue estimate of $148.15 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (14.51%), State Street Corp (3.66%), Geode Capital Management LLC (1.85%), Rice Hall James & Associates LLC (1.84%), Dimensional Fund Advisors LP (1.28%) and Artemis Investment Management LLP (1.02%). 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 $6.16.

How much money does Digital Turbine make?

Digital Turbine (NASDAQ:APPS) has a market capitalization of $619.20 million and generates $665.92 million in revenue each year. The software maker earns $16.67 million in net income (profit) each year or ($0.07) 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 9/24/2023 by MarketBeat.com Staff

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