S&P 500   4,288.39
DOW   33,433.35
QQQ   361.26
Nvidia Stock, Christmas Comes Early If You’re On the Fence
Laser breakthrough could send stock soaring 2,467% (Ad)
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Here’s Why Cloudflare may be the Ultimate Cloud Stock to Own
Laser breakthrough could send stock soaring 2,467% (Ad)
Peloton and Lululemon, Does the Deal Make Sense?
2 Seasonal Stocks to Warm Up Your Portfolio
Laser breakthrough could send stock soaring 2,467% (Ad)
Fed's Powell gets an earful about inflation and interest rates from small businesses
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
S&P 500   4,288.39
DOW   33,433.35
QQQ   361.26
Nvidia Stock, Christmas Comes Early If You’re On the Fence
Laser breakthrough could send stock soaring 2,467% (Ad)
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Here’s Why Cloudflare may be the Ultimate Cloud Stock to Own
Laser breakthrough could send stock soaring 2,467% (Ad)
Peloton and Lululemon, Does the Deal Make Sense?
2 Seasonal Stocks to Warm Up Your Portfolio
Laser breakthrough could send stock soaring 2,467% (Ad)
Fed's Powell gets an earful about inflation and interest rates from small businesses
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
S&P 500   4,288.39
DOW   33,433.35
QQQ   361.26
Nvidia Stock, Christmas Comes Early If You’re On the Fence
Laser breakthrough could send stock soaring 2,467% (Ad)
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Here’s Why Cloudflare may be the Ultimate Cloud Stock to Own
Laser breakthrough could send stock soaring 2,467% (Ad)
Peloton and Lululemon, Does the Deal Make Sense?
2 Seasonal Stocks to Warm Up Your Portfolio
Laser breakthrough could send stock soaring 2,467% (Ad)
Fed's Powell gets an earful about inflation and interest rates from small businesses
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
S&P 500   4,288.39
DOW   33,433.35
QQQ   361.26
Nvidia Stock, Christmas Comes Early If You’re On the Fence
Laser breakthrough could send stock soaring 2,467% (Ad)
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Here’s Why Cloudflare may be the Ultimate Cloud Stock to Own
Laser breakthrough could send stock soaring 2,467% (Ad)
Peloton and Lululemon, Does the Deal Make Sense?
2 Seasonal Stocks to Warm Up Your Portfolio
Laser breakthrough could send stock soaring 2,467% (Ad)
Fed's Powell gets an earful about inflation and interest rates from small businesses
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
NASDAQ:APPS

Digital Turbine (APPS) Stock Forecast, Price & News

$6.01
-0.04 (-0.66%)
(As of 10/2/2023 ET)
Compare
Today's Range
$5.94
$6.08
50-Day Range
$5.93
$10.84
52-Week Range
$5.89
$20.40
Volume
1.18 million shs
Average Volume
2.11 million shs
Market Capitalization
$604.13 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
132.9% Upside
$14.00 Price Target
Short Interest
Bearish
6.14% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.66
Upright™ Environmental Score
News Sentiment
0.51mentions of Digital Turbine in the last 14 days
Based on 7 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.

2.43 out of 5 stars

Computer And Technology Sector

213th out of 613 stocks

Patent Owners & Lessors Industry

3rd 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.

APPS Price History

APPS Stock News Headlines

BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Analysts Set Digital Turbine, Inc. (NASDAQ:APPS) PT at $14.00
Investing Legend Warns: NVIDIA is a "Delusion"
Irrational investment in this tech giant may have made it “too big to succeed” says this renowned expert. Read this before you buy shares.
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
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 Company Calendar

Last Earnings
8/08/2023
Today
10/03/2023
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
+132.9%
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
$1.68 per share
Book Value
$6.12 per share

Miscellaneous

Free Float
95,290,000
Market Cap
$604.13 million
Optionable
Optionable
Beta
2.56
Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

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 brokerages have issued 12-month price targets for Digital Turbine's stock. Their APPS share price forecasts range from $8.00 to $20.00. On average, they predict the company's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 132.9% 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 2023. Since then, APPS stock has decreased by 60.6% and is now trading at $6.01.
View the best growth stocks for 2023 here
.

Are investors shorting Digital Turbine?

Digital Turbine saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 5,560,000 shares, an increase of 15.6% from the August 31st total of 4,810,000 shares. Based on an average daily trading volume, of 1,720,000 shares, the days-to-cover ratio is currently 3.2 days. Currently, 6.1% of the company's 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, November 8th 2023.
View our APPS earnings forecast
.

How were Digital Turbine's earnings last quarter?

Digital Turbine, Inc. (NASDAQ:APPS) posted its quarterly earnings data 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 analysts' expectations of $143.06 million. Digital Turbine had a negative net margin of 1.03% and a positive trailing twelve-month return on equity of 10.47%.

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 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."

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 $6.01.

How much money does Digital Turbine make?

Digital Turbine (NASDAQ:APPS) has a market capitalization of $604.13 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 10/3/2023 by MarketBeat.com Staff

My Account -