NASDAQ:APPS Digital Turbine Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $17.11 -0.36 (-2.06%) (As of 07/1/2022 03:03 PM ET) Add Compare Share Today's Range$16.88▼$17.8150-Day Range$14.94▼$34.4652-Week Range$14.43▼$93.98Volume184,722 shsAverage Volume3.76 million shsMarket Capitalization$1.68 billionP/E Ratio50.33Dividend YieldN/APrice Target$65.20 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 APPS Stock Forecast (MarketRank)Overall MarketRank™2.74 out of 5 starsComputer And Technology Sector129th out of 937 stocksPatent Owners & Lessors Industry4th out of 12 stocksAnalyst Opinion: 3.5Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 - 3.5 Analyst's Opinion Consensus RatingDigital Turbine has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.20, Digital Turbine has a forecasted upside of 281.3% from its current price of $17.10.Amount of Analyst CoverageDigital Turbine has only been the subject of 3 research reports in the past 90 days. Previous Next 4.8 Community Rank Outperform VotesDigital Turbine has received 426 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDigital Turbine has received 165 “underperform” votes. (Add your “underperform” vote.)Community SentimentDigital Turbine has received 72.08% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Digital Turbine and other stocks. Vote “Outperform” if you believe APPS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe APPS will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Digital Turbine insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.60% of the stock of Digital Turbine is held by insiders.Percentage Held by Institutions63.38% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Digital Turbine are expected to grow by 36.60% in the coming year, from $1.53 to $2.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Digital Turbine is 50.30, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Digital Turbine is 50.30, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 100.24.Price to Earnings Growth RatioDigital Turbine has a PEG Ratio of 0.42. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioDigital Turbine has a P/B Ratio of 3.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Digital Turbine (NASDAQ:APPS)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.Read More APPS Stock News HeadlinesJune 30, 2022 | nasdaq.comInteresting APPS Put And Call Options For August 12thJune 30, 2022 | americanbankingnews.comB. Riley Initiates Coverage on Digital Turbine (NASDAQ:APPS)June 29, 2022 | benzinga.comDigital Turbine, Inc. Investor News: Robbins LLP is Investigating Digital Turbine, Inc. (APPS) on Behalf of ShareholdersJune 29, 2022 | apnews.comINVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Digital Turbine, Inc. with Losses of $250,000 to Contact the FirmJune 24, 2022 | benzinga.comFederman & Sherwood Reminds Digital Turbine, Inc. Investors of Deadline to File for Lead PlaintiffJune 24, 2022 | finance.yahoo.comPortland General Electric Set to Join S&P MidCap 400; Digital Turbine to Join S&P SmallCap 600June 23, 2022 | nasdaq.comInteresting APPS Put And Call Options For August 5thJune 23, 2022 | apnews.comSHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Digital Turbine, Inc. with Losses of $250,000 to Contact the FirmJune 21, 2022 | apnews.comFederman & Sherwood Continues Its Investigation into Digital Turbine, IncJune 21, 2022 | apnews.comGlancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Digital Turbine, Inc. (APPS)June 17, 2022 | seekingalpha.comDigital Turbine: FQ1 2023 Performance Will Be Key To Its Recovery - Not A Buy NowJune 16, 2022 | benzinga.comSHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Digital Turbine, Inc. with Losses of $250,000 to Contact the FirmJune 16, 2022 | benzinga.comAPPS INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Digital Turbine, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action LawsuitSee More Headlines Industry, 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/AEmployees280Year FoundedN/ACompany Calendar Last Earnings5/31/2022Today7/01/2022Next Earnings (Estimated)8/08/2022Fiscal Year End3/31/2023Price Target and Rating Average Stock Price Forecast$65.20 High Stock Price Forecast$132.00 Low Stock Price Forecast$29.00 Forecasted Upside/Downside+281.1%Consensus RatingBuy Rating Score (0-4)3 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.339990 Trailing P/E Ratio50.33 Forward P/E Ratio11.18 P/E Growth0.42Net Income$35.55 million Net Margins3.28% Pretax Margin5.88% Return on Equity30.00% Return on Assets10.49% Debt Debt-to-Equity Ratio1.01 Current Ratio1.07 Quick Ratio1.07 Sales & Book Value Annual Sales$747.60 million Price / Sales2.25 Cash Flow$2.13 per share Price / Cash Flow8.05 Book Value$5.32 per share Price / Book3.22Miscellaneous Outstanding Shares98,394,000Free Float92,884,000Market Cap$1.68 billion OptionableOptionable Beta2.37 Digital Turbine Frequently Asked Questions Should I buy or sell Digital Turbine stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 4 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. What is Digital Turbine's stock price forecast for 2022? 4 brokerages have issued twelve-month target prices for Digital Turbine's stock. Their APPS stock forecasts range from $29.00 to $132.00. On average, they predict Digital Turbine's stock price to reach $65.20 in the next year. This suggests a possible upside of 281.1% from the stock's current price. View analysts' price targets for Digital Turbine or view top-rated stocks among Wall Street analysts. How has Digital Turbine's stock price performed in 2022? Digital Turbine's stock was trading at $60.99 on January 1st, 2022. Since then, APPS shares have decreased by 71.9% and is now trading at $17.11. View the best growth stocks for 2022 here. When is Digital Turbine's next earnings date? Digital Turbine is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022. View our earnings forecast for Digital Turbine. How were Digital Turbine's earnings last quarter? Digital Turbine, Inc. (NASDAQ:APPS) released its earnings results on Tuesday, May, 31st. The software maker reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.01. The software maker had revenue of $184.14 million for the quarter, compared to analyst estimates of $336.45 million. Digital Turbine had a trailing twelve-month return on equity of 30.00% and a net margin of 3.28%. Digital Turbine's revenue was up 93.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.24 earnings per share. View Digital Turbine's earnings history. What guidance has Digital Turbine issued on next quarter's earnings? Digital Turbine updated its first quarter 2023 earnings guidance on Tuesday, June, 28th. The company provided earnings per share guidance of $0.34-$0.35 for the period, compared to the consensus estimate of $0.44. The company issued revenue guidance of $183.00 million-$187.00 million, compared to the consensus revenue estimate of $357.05 million. 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 OfficerBrian Bartholomew, Sr. VP of Capital Markets & Strategy and Investor RelationsMs. Sylvia Krzmarzick, Chief People OfficerMr. 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. Who are some of Digital Turbine's key competitors? Some companies that are related to Digital Turbine include InterDigital (IDCC), Franchise Group (FRG), Liberty Tax (TAXA), Joint (JYNT), Acacia Research (ACTG), Quarterhill (QTRHF), VirnetX (VHC), Network-1 Technologies (NTIP), Research Frontiers (REFR), Xcel Brands (XELB), Health Discovery (HDVY), American Restaurant Partners (ICTPU), ARC Group (RLLY), Envit Capital Group (ECGP) and Micro Imaging Technology (MMTC). View all of APPS's 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), 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." 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 $17.11. How much money does Digital Turbine make? Digital Turbine (NASDAQ:APPS) has a market capitalization of $1.68 billion and generates $747.60 million in revenue each year. The software maker earns $35.55 million in net income (profit) each year or $0.339990 on an earnings per share basis. How many employees does Digital Turbine have? Digital Turbine employs 280 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 Digital Turbine is www.digitalturbine.com. The software maker can be reached via phone at (512) 387-7717 or via email at [email protected]. This page (NASDAQ:APPS) was last updated on 7/1/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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