S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:APPS

Digital Turbine (APPS) Stock Forecast, Price & News

$25.48
-0.90 (-3.41%)
(As of 05/20/2022 06:55 PM ET)
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Today's Range
$24.52
$27.18
50-Day Range
$22.98
$46.97
52-Week Range
$21.60
$93.98
Volume
3.88 million shs
Average Volume
3.28 million shs
Market Capitalization
$2.47 billion
P/E Ratio
55.39
Dividend Yield
N/A
Beta
2.34
30 days | 90 days | 365 days | Advanced Chart
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Digital Turbine logo

About Digital Turbine

Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application advertisers, publishers, device original equipment manufacturers (OEMs), and other third parties. Its application media software platform that enables mobile operators and OEMs to control, manage, and monetize devices. The company also provides programmatic advertising and targeted media delivery services; and other products and professional services directly related to the core platform. 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.

Headlines

Digital Turbine Is A Solid Buy Here
See More Headlines

Industry, Sector and Symbol

Industry
Patent owners & lessors
Sub-Industry
N/A
Current Symbol
NASDAQ:APPS
Fax
N/A
Employees
280
Year Founded
N/A

Sales & Book Value

Annual Sales
$313.58 million
Cash Flow
$0.78 per share
Book Value
$1.61 per share

Profitability

Net Income
$54.88 million
Pretax Margin
3.54%

Debt

Price-To-Earnings

Miscellaneous

Free Float
91,531,000
Market Cap
$2.47 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/02/2021
Today
5/22/2022
Next Earnings (Confirmed)
5/31/2022
Fiscal Year End
3/31/2023

MarketRank

Overall MarketRank

2.95 out of 5 stars

Computer And Technology Sector

48th out of 919 stocks

Patent Owners & Lessors Industry

2nd out of 12 stocks

Analyst Opinion: 3.5Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 3.1 5 -4 -3 -2 -1 -













Digital Turbine (NASDAQ:APPS) Frequently Asked Questions

Is Digital Turbine a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Digital Turbine stock.
View analyst ratings for Digital Turbine
or view top-rated stocks.

Are investors shorting Digital Turbine?

Digital Turbine saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 5,090,000 shares, an increase of 20.9% from the April 15th total of 4,210,000 shares. Based on an average trading volume of 3,230,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 6.1% of the shares of the stock are short sold.
View Digital Turbine's Short Interest
.

When is Digital Turbine's next earnings date?

Digital Turbine is scheduled to release its next quarterly earnings announcement on Tuesday, May 31st 2022.
View our earnings forecast for Digital Turbine
.

How can I listen to Digital Turbine's earnings call?

Digital Turbine will be holding an earnings conference call on Tuesday, May 31st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "9278131".

How were Digital Turbine's earnings last quarter?

Digital Turbine, Inc. (NASDAQ:APPS) issued its 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 had revenue of $310.21 million for the quarter, compared to analysts' expectations of $304 million. Digital Turbine had a net margin of 4.58% and a trailing twelve-month return on equity of 33.35%. During the same period in the previous year, the business posted $0.12 EPS.
View Digital Turbine's earnings history
.

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

Digital Turbine issued an update on its FY22 earnings guidance on Tuesday, May, 17th. The company provided EPS guidance of $1.66-1.68 for the period, compared to the consensus earnings per share estimate of $1.67.

What price target have analysts set for APPS?

3 analysts have issued 1-year price objectives for Digital Turbine's stock. Their forecasts range from $70.00 to $132.00. On average, they anticipate Digital Turbine's share price to reach $106.33 in the next twelve months. This suggests a possible upside of 317.3% from the stock's current price.
View analysts' price targets for Digital Turbine
or view top-rated stocks among Wall Street analysts.

Who are Digital Turbine's key executives?
Digital Turbine's management team includes the following people:
  • Mr. William Gordon Stone III, CEO & Director (Age 54, Pay $1.31M)
  • Mr. Barrett Garrison, Exec. VP & CFO (Age 46, Pay $686.97k)
  • Ms. Christine Collins, Chief Technology Officer (Age 52, Pay $514.08k) (LinkedIn Profile)
  • Mr. David Wesch, Controller (Age 35, Pay $207.2k)
  • Ms. Kirstie Elizabeth Brown, Exec. VP of Global Fin. & Operations (Age 46)
  • Mr. Michael Benjamin Miller, Chief Accounting Officer
  • Brian Bartholomew, Sr. VP of Capital Markets & Strategy and Investor Relations
  • Ms. Sylvia Krzmarzick, Chief People Officer
  • Mr. Matthew Gillis, Pres of On-Device Media (Age 50)
  • Eva Sayre, Chief of Staff
What is Bill Stone's approval rating as Digital Turbine's CEO?

46 employees have rated Digital Turbine CEO Bill Stone on Glassdoor.com. Bill Stone has an approval rating of 97% among Digital Turbine's employees. This puts Bill Stone in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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), Square (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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.75%), Vanguard Group Inc. (8.95%), Wellington Management Group LLP (5.57%), State Street Corp (3.01%), Granahan Investment Management LLC (2.57%) and JPMorgan Chase & Co. (1.79%). Company insiders that own Digital Turbine 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 for Digital Turbine
.

Which major investors are selling Digital Turbine stock?

APPS stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Collaborative Holdings Management LP, Spence Asset Management, Rothschild & Co. Asset Management US Inc., Kornitzer Capital Management Inc. KS, Jane Street Group LLC, IMC Chicago LLC, and Simplex Trading LLC.
View insider buying and selling activity for Digital Turbine
or view top insider-selling stocks.

Which major investors are buying Digital Turbine stock?

APPS stock was bought by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, BlackRock Inc., Portolan Capital Management LLC, Twin Tree Management LP, Capital Research Global Investors, Capital Fund Management S.A., Elemental Capital Partners LLC, and Goldman Sachs Group Inc.. Company insiders that have bought Digital Turbine stock in the last two years include Michelle M Sterling, and Robert M Deutschman.
View insider buying and selling activity for Digital Turbine
or or view top insider-buying stocks.

How do I buy shares of Digital Turbine?

Shares of APPS 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 $25.48.

How much money does Digital Turbine make?

Digital Turbine has a market capitalization of $2.47 billion and generates $313.58 million in revenue each year. The software maker earns $54.88 million in net income (profit) each year or $0.46 on an earnings per share basis.

How many employees does Digital Turbine have?

Digital Turbine employs 280 workers across the globe.

What is Digital Turbine's official website?

The official website for Digital Turbine is www.digitalturbine.com.

How can I contact Digital Turbine?

Digital Turbine's mailing address is 111 NUECES STREET, AUSTIN TX, 78701. The software maker can be reached via phone at (512) 387-7717 or via email at [email protected].

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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