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Digital Turbine Stock Forecast, Price & News

+0.44 (+1.36 %)
(As of 09/18/2020 12:00 AM ET)
Today's Range
Now: $32.79
50-Day Range
MA: $23.57
52-Week Range
Now: $32.79
Volume6.49 million shs
Average Volume3.05 million shs
Market Capitalization$2.87 billion
P/E Ratio117.11
Dividend YieldN/A
Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application developers, device original equipment manufacturers (OEMs), and other third parties worldwide. It provides Ignite, a software platform that enables mobile operators and OEMs to control, manage, and monetize devices. The company offers other products and professional services directly related to the Ignite platform. Digital Turbine, Inc. is headquartered in Austin, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.49 out of 5 stars

Industry, Sector and Symbol

Industry Patent owners & lessors
Current SymbolNASDAQ:APPS



Sales & Book Value

Annual Sales$138.71 million
Cash Flow$0.26 per share
Book Value$0.89 per share


Net Income$13.90 million


Market Cap$2.87 billion
Next Earnings Date11/2/2020 (Estimated)
+0.44 (+1.36 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Digital Turbine (NASDAQ:APPS) Frequently Asked Questions

How has Digital Turbine's stock been impacted by Coronavirus (COVID-19)?

Digital Turbine's stock was trading at $5.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, APPS shares have increased by 457.7% and is now trading at $32.79.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Digital Turbine?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Digital Turbine

When is Digital Turbine's next earnings date?

Digital Turbine is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Digital Turbine

How were Digital Turbine's earnings last quarter?

Digital Turbine Inc (NASDAQ:APPS) announced its earnings results on Wednesday, August, 5th. The software maker reported $0.13 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.09 by $0.04. The software maker earned $59.01 million during the quarter, compared to analyst estimates of $48.49 million. Digital Turbine had a net margin of 15.35% and a return on equity of 31.91%.
View Digital Turbine's earnings history

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

Digital Turbine issued an update on its second quarter 2021 After-Hours earnings guidance on Wednesday, August, 5th. The company provided earnings per share (EPS) guidance of 0.11-0.12 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.09. The company issued revenue guidance of $59-61 million, compared to the consensus revenue estimate of $51.44 million.

What price target have analysts set for APPS?

7 equities research analysts have issued twelve-month target prices for Digital Turbine's stock. Their forecasts range from $11.00 to $25.00. On average, they expect Digital Turbine's share price to reach $19.61 in the next year. This suggests that the stock has a possible downside of 40.2%.
View analysts' price targets for Digital Turbine

Are investors shorting Digital Turbine?

Digital Turbine saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 2,990,000 shares, a decrease of 29.8% from the August 15th total of 4,260,000 shares. Based on an average daily volume of 3,700,000 shares, the short-interest ratio is presently 0.8 days. Approximately 3.7% of the company's shares are short sold.
View Digital Turbine's Short Interest

Who are some of Digital Turbine's key competitors?

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), Tesla (TSLA), Square (SQ), Alibaba Group (BABA), Docusign (DOCU), salesforce.com (CRM), JD.Com (JD), Paypal (PYPL) and Intel (INTC).

Who are Digital Turbine's key executives?

Digital Turbine's management team includes the following people:
  • Mr. William Gordon Stone III, CEO & Director (Age 52, Pay $730.59k)
  • Mr. Barrett Garrison, Exec. VP & CFO (Age 44, Pay $473.74k)
  • Mr. David Wesch, Chief Accounting Officer & Controller (Age 33, Pay $176.1k)
  • Ms. Christine Collins, Chief Technology Officer (Age 50, Pay $410.67k)
  • Ms. Kirstie Elizabeth Brown, Exec. VP of Global Fin. & Operations (Age 44)

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 a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (5.67%), Vanguard Group Inc. (5.26%), Venrock Management VI LLC (2.64%), Nuveen Asset Management LLC (1.70%), Two Sigma Advisers LP (1.58%) and Marshall Wace North America L.P. (1.31%). Company insiders that own Digital Turbine stock include Christine Collins, Jeff Karish, Michelle M Sterling, Mohan S Gyani, Paul M Schaeffer, Robert M Deutschman, Roy H Chestnutt and William Gordon Stone III.
View institutional ownership trends for Digital Turbine

Which institutional investors are selling Digital Turbine stock?

APPS stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Jacobs Levy Equity Management Inc., Charles Schwab Investment Management Inc., AQR Capital Management LLC, P.A.W. Capital Corp, Man Group plc, Hancock Whitney Corp, and Rovida Advisors Inc.. Company insiders that have sold Digital Turbine company stock in the last year include Christine Collins, and William Gordon Stone III.
View insider buying and selling activity for Digital Turbine

Which institutional investors are buying Digital Turbine stock?

APPS stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Venrock Management VI LLC, Nuveen Asset Management LLC, Congress Asset Management Co. MA, EAM Investors LLC, Vanguard Group Inc., Cubist Systematic Strategies LLC, and Cadence Capital Management LLC. Company insiders that have bought Digital Turbine stock in the last two years include Jeff Karish, Michelle M Sterling, Mohan S Gyani, Robert M Deutschman, Roy H Chestnutt, and William Gordon Stone III.
View insider buying and selling activity for Digital Turbine

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Digital Turbine's stock price today?

One share of APPS stock can currently be purchased for approximately $32.79.

How big of a company is Digital Turbine?

Digital Turbine has a market capitalization of $2.87 billion and generates $138.71 million in revenue each year. The software maker earns $13.90 million in net income (profit) each year or $0.17 on an earnings per share basis. Digital Turbine employs 158 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 9/19/2020 by MarketBeat.com Staff

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