Positive News SentimentPositive News Digital Turbine Stock Price, News & Analysis (NASDAQ:APPS) $5.07 +0.42 (+9.03%) (As of 12/1/2023 ET) Add Compare Share Share Today's Range$4.59▼$5.1350-Day Range$4.44▼$6.2052-Week Range$4.10▼$19.00Volume2.26 million shsAverage Volume2.00 million shsMarket Capitalization$513.64 millionP/E RatioN/ADividend YieldN/APrice Target$11.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Digital Turbine MarketRank™ Stock AnalysisAnalyst RatingHold2.14 Rating ScoreUpside/Downside132.7% Upside$11.80 Price TargetShort InterestHealthy5.12% of Float Sold ShortDividend StrengthN/ASustainability-0.66Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$850,850 Sold Last QuarterProj. Earnings Growth-12.00%From $0.25 to $0.22 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.05 out of 5 starsComputer And Technology Sector335th out of 602 stocksPatent Owners & Lessors Industry3rd out of 5 stocks 3.1 Analyst's Opinion Consensus RatingDigital Turbine has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.80, Digital Turbine has a forecasted upside of 132.7% from its current price of $5.07.Amount of Analyst CoverageDigital Turbine has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.12% of the float of Digital Turbine has been sold short.Short Interest Ratio / Days to CoverDigital Turbine has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Digital Turbine has recently decreased by 3.52%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldDigital Turbine does not currently pay a dividend.Dividend GrowthDigital Turbine does not have a long track record of dividend growth. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDigital Turbine has received a -14.26% net impact score from Upright. Digital Turbine uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Marketing optimization software", "Marketing data software", and "Video advertising software" products. See details.Environmental SustainabilityThe Environmental Impact score for Digital Turbine is -0.66. Previous Next 3.3 News and Social Media Coverage News SentimentDigital Turbine has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Digital Turbine this week, compared to 3 articles on an average week.Search Interest24 people have searched for APPS on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Digital Turbine to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Digital Turbine insiders have sold 560.60% more of their company's stock than they have bought. Specifically, they have bought $128,800.00 in company stock and sold $850,850.00 in company stock.Percentage Held by InsidersOnly 5.20% of the stock of Digital Turbine is held by insiders.Percentage Held by Institutions64.64% of the stock of Digital Turbine is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Digital Turbine are expected to decrease by -12.00% in the coming year, from $0.25 to $0.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Digital Turbine is -2.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Digital Turbine is -2.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioDigital Turbine has a PEG Ratio of 2.15. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDigital Turbine has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More APPS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart APPS Stock News HeadlinesNovember 22, 2023 | news.yahoo.comNew wind turbine design with ‘surprising twist’ could revolutionize energy production: ‘The world needs them yesterday’November 18, 2023 | seekingalpha.comDigital Turbine: Brighter Prospects In 2024December 2, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 10, 2023 | markets.businessinsider.comHold Rating Issued for Digital Turbine Amid Revenue Shortfalls and Forecasted Gradual RecoveryNovember 9, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Digital Turbine (APPS), Twilio (TWLO) and Palo Alto Networks (PANW)November 9, 2023 | finanznachrichten.deDigital Turbine, Inc.: Digital Turbine Reports Fiscal 2024 Second Quarter Financial ResultsNovember 8, 2023 | finance.yahoo.comDigital Turbine Inc (APPS) Faces Fiscal Challenges Despite Solid Cash Flow in Q2 FY2024November 8, 2023 | msn.comOne of the answers to South Africa’s power crisis is blowing in the windDecember 2, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 2, 2023 | markets.businessinsider.comHold Rating on Digital Turbine’s Stock Amid Market Challenges and Revised Forward EstimatesNovember 1, 2023 | morningstar.comDigital Turbine Inc APPSOctober 29, 2023 | seekingalpha.comDigital Turbine: Valuation Improved But Headwinds Are Too StrongOctober 25, 2023 | msn.comTVA Colbert combustion turbine plant adds three turbines in expansion projectOctober 25, 2023 | seekingalpha.comCan Digital Turbine Recover?October 19, 2023 | markets.businessinsider.comCraig-Hallum Keeps Their Buy Rating on Digital Turbine (APPS)October 8, 2023 | finance.yahoo.comDigital Turbine Inc (4MD.MU)October 6, 2023 | news.yahoo.comGiant wind turbine erected in just 30 hours signifies major engineering feat: ‘This can save about 500,000 tons of standard coal’October 5, 2023 | msn.comIndiGo introduces fuel charge to offset rising ATF prices - DetailsOctober 1, 2023 | businesswire.comTurbine Appoints Pharma Industry Veteran Bob Silverman as Chief Business OfficerSeptember 26, 2023 | finance.yahoo.comMobileX's Customizable Mobile Plans Now Available Exclusively at WalmartSeptember 25, 2023 | time.comThis Group Is Helping Find New Ways to Recycle Old Wind Turbine BladesSeptember 15, 2023 | finance.yahoo.comInsider Sell: CEO STONE WILLIAM GORDON III Sells 180,000 Shares of Digital Turbine Inc (APPS)September 15, 2023 | benzinga.comDigital Turbine Board Member Makes $128K Stock PurchaseSeptember 15, 2023 | finance.yahoo.comDirector Holyce Groos Buys 7,600 Shares of Digital Turbine Inc (APPS)September 14, 2023 | msn.comDigital Turbine downgraded to Neutral by BofA over limited catalyst to propel growth in 2024September 14, 2023 | msn.comDiving Back Into Digital TurbineSeptember 14, 2023 | msn.comB of A Securities Downgrades Digital Turbine (APPS)See More Headlines 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. Email Address Company Calendar Last Earnings11/08/2023Today12/01/2023Next Earnings (Estimated)2/14/2024Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Patent owners & lessors Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:APPS CUSIPN/A CIK317788 Webwww.digitalturbine.com Phone(512) 387-7717FaxN/AEmployees777Year FoundedN/APrice Target and Rating Average Stock Price Target$11.80 High Stock Price Target$20.00 Low Stock Price Target$8.00 Potential Upside/Downside+132.7%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($1.79) Trailing P/E RatioN/A Forward P/E Ratio20.28 P/E Growth2.15Net Income$16.67 million Net Margins-30.33% Pretax Margin-31.43% Return on Equity6.82% Return on Assets3.10% Debt Debt-to-Equity Ratio0.86 Current Ratio1.10 Quick Ratio1.10 Sales & Book Value Annual Sales$665.92 million Price / Sales0.77 Cash Flow$1.75 per share Price / Cash Flow2.89 Book Value$4.42 per share Price / Book1.15Miscellaneous Outstanding Shares101,310,000Free Float96,040,000Market Cap$513.64 million OptionableOptionable Beta2.68 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. William Gordon Stone III (Age 55)CEO & Director Comp: $716.44kMr. Matthew Gillis (Age 51)President Comp: $436.71kMr. Barrett Garrison (Age 47)Executive VP & CFO Comp: $471.38kMr. Michael Benjamin Miller (Age 48)Chief Accounting Officer Comp: $340.66kMr. Senthilkumaran Kanagaratnam (Age 49)Chief Technology Officer Comp: $658.6kBrian BartholomewSenior VP of Capital Markets & Strategy and Investor RelationsAngeline TuckerChief People OfficerEva SayreChief of StaffMr. David Wesch (Age 36)Controller Comp: $207.2kMore ExecutivesKey CompetitorsMicroVisionNASDAQ:MVISForrester ResearchNASDAQ:FORRIntchains GroupNASDAQ:ICGNano DimensionNASDAQ:NNDMGravityNASDAQ:GRVYView All CompetitorsInsiders & InstitutionsPublic Sector Pension Investment BoardSold 48,415 shares on 11/22/2023Ownership: 0.110%Graham Capital Management L.P.Bought 16,941 shares on 11/22/2023Ownership: 0.017%Greenhaven Road Investment Management L.P.Sold 32,725 shares on 11/21/2023Ownership: 0.555%Walleye Capital LLCBought 38,200 shares on 11/21/2023Ownership: 0.000%Walleye Trading LLCBought 34,100 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions APPS Stock Analysis - Frequently Asked Questions Should I buy or sell Digital Turbine stock right now? 7 Wall Street 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 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? 7 brokerages have issued 1-year price targets for Digital Turbine's stock. Their APPS share price targets range from $8.00 to $20.00. On average, they expect the company's share price to reach $11.80 in the next year. This suggests a possible upside of 132.7% 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 66.7% and is now trading at $5.07. 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 Wednesday, February 14th 2024. View our APPS earnings forecast. How were Digital Turbine's earnings last quarter? Digital Turbine, Inc. (NASDAQ:APPS) announced its earnings results on Wednesday, November, 8th. The software maker reported $0.04 EPS for the quarter, missing the consensus estimate of $0.07 by $0.03. The software maker earned $143.26 million during the quarter, compared to analyst estimates of $146 million. Digital Turbine had a negative net margin of 30.33% and a positive trailing twelve-month return on equity of 6.82%. What ETFs hold Digital Turbine's stock? ETFs with the largest weight of Digital Turbine (NASDAQ:APPS) stock in their portfolio include Jacob Forward ETF (JFWD), SmartETFs Advertising & Marketing Technology ETF (MRAD), SPDR S&P Software & Services ETF (XSW) and Invesco S&P SmallCap Information Technology ETF (PSCT).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 third quarter earnings guidance on Wednesday, November, 8th. The company provided earnings per share guidance of $0.16-0.19 for the period, compared to the consensus EPS estimate of $0.18. The company issued revenue guidance of $144-150 million, compared to the consensus revenue estimate of $159.22 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 many different retail and institutional investors. Top institutional investors include Rice Hall James & Associates LLC (1.81%), Northern Trust Corp (0.98%), Artemis Investment Management LLP (0.96%), Bank of New York Mellon Corp (0.87%), Charles Schwab Investment Management Inc. (0.72%) and Assenagon Asset Management S.A. (0.58%). Insiders that own company stock include Christine Collins, David Wesch, 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. This page (NASDAQ:APPS) was last updated on 12/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Digital Turbine, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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