NASDAQ:APPSDigital Turbine Stock Price, Forecast & News

Digital Turbine's stock was trading at $5.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, APPS stock has increased by 9.2% and is now trading at $6.42. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Digital Turbine.

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

Digital Turbine will be holding an earnings conference call on Tuesday, June 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Digital Turbine Inc (NASDAQ:APPS) released its quarterly earnings results on Monday, February, 10th. The software maker reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.01. The software maker earned $36.02 million during the quarter, compared to analysts' expectations of $37.58 million. Digital Turbine had a positive return on equity of 28.03% and a negative net margin of 5.35%. View Digital Turbine's earnings history.

6 analysts have issued 1 year price objectives for Digital Turbine's shares. Their forecasts range from $5.10 to $11.00. On average, they anticipate Digital Turbine's stock price to reach $8.18 in the next twelve months. This suggests a possible upside of 27.5% from the stock's current price. View analysts' price targets for Digital Turbine.

Media coverage about APPS stock has been trending very negative recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Digital Turbine earned a news impact score of -3.5 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutDigital Turbine.

Digital Turbine saw a increase in short interest in May. As of May 15th, there was short interest totaling 5,090,000 shares, an increase of 19.2% from the April 30th total of 4,270,000 shares. Based on an average trading volume of 2,470,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 6.5% of the company's stock are sold short. View Digital Turbine's Current Options Chain.

Some companies that are related to Digital Turbine include InterDigital Wireless (IDCC), TiVo (TIVO), Joint (JYNT), Liberty Tax (TAXA), Quarterhill (QTRHF), Research Frontiers (REFR), Quarterhill (QTRH), Acacia Research (ACTG), XpresSpa Group (XSPA), Finjan (FNJN), XCel Brands (XELB), Marathon Patent Group (MARA), MGT Capital Investments (MGTI), Spherix (SPEX) and Health Discovery (HDVY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Digital Turbine investors own include NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Square (SQ), Canopy Growth (CGC), Enphase Energy (ENPH), salesforce.com (CRM), Netflix (NFLX), AT&T (T) and Tesla (TSLA).

Digital Turbine trades on the NASDAQ under the ticker symbol "APPS."

Digital Turbine's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.15%), Greenhaven Road Investment Management L.P. (3.01%), Granahan Investment Management Inc. MA (2.52%), State Street Corp (2.25%), Geode Capital Management LLC (1.60%) and Two Sigma Advisers LP (1.45%). 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.

APPS stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Morgan Stanley, Parametric Portfolio Associates LLC, Acadian Asset Management LLC, Bank of New York Mellon Corp, Engineers Gate Manager LP, Creative Planning, and Paloma Partners Management Co. Company insiders that have sold Digital Turbine company stock in the last year include Christine Collins, Paul M Schaeffer, and William Gordon Stone III. View insider buying and selling activity for Digital Turbine.

APPS stock was acquired by a variety of institutional investors in the last quarter, including Granahan Investment Management Inc. MA, Mak Capital One LLC, Two Sigma Advisers LP, Russell Investments Group Ltd., Ranger Investment Management L.P., Geode Capital Management LLC, THB Asset Management, and AQR 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.

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.

One share of APPS stock can currently be purchased for approximately $6.42.

Digital Turbine has a market capitalization of $556.88 million and generates $103.57 million in revenue each year. The software maker earns $-6,010,000.00 in net income (profit) each year or $0.05 on an earnings per share basis. Digital Turbine employs 158 workers across the globe.

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

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]