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S&P 500   3,948.72
DOW   32,105.25
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"Prepare for Five Years of Famine" (Ad)
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S&P 500   3,948.72
DOW   32,105.25
QQQ   309.75
Why Wall Street Loves These 3 Penny Stocks
Urgent Warning (Ad)
3 Leading Dividend Stocks Expected To Grow Earnings
Chewy Stock Is Setting Up For Long-Term Profitable Growth 
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Closing prices for crude oil, gold and other commodities
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"Prepare for Five Years of Famine" (Ad)
KB Home Strong Results Lift Prices
Carvana May Be Able To Reach Profitability This Year
S&P 500   3,948.72
DOW   32,105.25
QQQ   309.75
Why Wall Street Loves These 3 Penny Stocks
Urgent Warning (Ad)
3 Leading Dividend Stocks Expected To Grow Earnings
Chewy Stock Is Setting Up For Long-Term Profitable Growth 
"Prepare for Five Years of Famine" (Ad)
Closing prices for crude oil, gold and other commodities
Low Volume Bunge Plunge Presents an Opportunity
"Prepare for Five Years of Famine" (Ad)
KB Home Strong Results Lift Prices
Carvana May Be Able To Reach Profitability This Year
NASDAQ:APPS

Digital Turbine - APPS Stock Forecast, Price & News

$11.06
+0.49 (+4.64%)
(As of 03/23/2023 12:00 AM ET)
Add
Compare
Today's Range
$10.72
$11.57
50-Day Range
$9.80
$18.46
52-Week Range
$9.13
$47.47
Volume
2.39 million shs
Average Volume
2.43 million shs
Market Capitalization
$1.10 billion
P/E Ratio
22.57
Dividend Yield
N/A
Price Target
$18.17

Digital Turbine MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
64.3% Upside
$18.17 Price Target
Short Interest
Healthy
5.61% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.66
Upright™ Environmental Score
News Sentiment
0.65mentions of Digital Turbine in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$756,169 Sold Last Quarter
Proj. Earnings Growth
-3.19%
From $0.94 to $0.91 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Computer And Technology Sector

177th out of 604 stocks

Patent Owners & Lessors Industry

3rd out of 6 stocks


APPS stock logo

About Digital Turbine (NASDAQ:APPS) Stock

Digital Turbine, Inc. engages in the innovation of media and mobile communications which help to deliver an end-to-end platform solution for mobile operators, application developers, device original equipment manufacturers (OEM), and other third parties. It operates through the Following Segments: On Device Media (ODM), In App Media-AdColony (IAM-A) and In App Media-Fyber (IAM-F). The On Device Media segment is the legacy single reporting of Digital Turbine prior to the AdColony and Fyber acquisitions. This segment generates revenue from products and services that simplify the discovery and delivery of mobile apps and content media for device end-users. The App Media-AdColony segment provides a platform that allows mobile app publishers and developers to monetize their monthly active users via display, native, and video advertising. The App Media-Fyber segment consists of products and services to enable agencies, brands, and app developers to reach large audiences while achieving key performance indicators ranging from reach to frequency, cost-per-install, and return on ad spend. The company was founded on November 6, 1998 and is headquartered in Austin, TX.

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APPS Stock News Headlines

Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Digital Turbine (NASDAQ:APPS) PT Lowered to $9.00 at B. Riley
What 4 Analyst Ratings Have To Say About Digital Turbine
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Digital Turbine (APPS) Q3 Earnings Lag, Revenues Fall Y/Y
Digital Turbine Earnings Preview
Digital Turbine: Too Cheap To Ignore
See More Headlines
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APPS Company Calendar

Last Earnings
2/08/2023
Today
3/23/2023
Fiscal Year End
3/31/2023
Next Earnings (Estimated)
5/30/2023

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

Price Target and Rating

Average Stock Price Forecast
$18.17
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+64.3%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$35.55 million
Pretax Margin
8.82%

Debt

Sales & Book Value

Annual Sales
$709.94 million
Cash Flow
$2.33 per share
Book Value
$5.32 per share

Miscellaneous

Free Float
93,741,000
Market Cap
$1.10 billion
Optionable
Optionable
Beta
2.49

Key Executives

  • Bill Stone
    Chief Executive Officer & Director
  • Matthew Gillis
    President
  • Kirstie Elizabeth Brown
    Executive VP-Global Finance & Operations
  • Barrett Garrison
    Chief Financial Officer & Executive Vice President
  • Christine CollinsChristine Collins
    Chief Technology Officer













APPS Stock - Frequently Asked Questions

Should I buy or sell Digital Turbine stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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?

5 brokerages have issued 12-month price targets for Digital Turbine's stock. Their APPS share price forecasts range from $9.00 to $25.00. On average, they anticipate the company's stock price to reach $18.17 in the next year. This suggests a possible upside of 64.3% 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 start of the year. Since then, APPS stock has decreased by 27.4% and is now trading at $11.06.
View the best growth stocks for 2023 here
.

Are investors shorting Digital Turbine?

Digital Turbine saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 5,560,000 shares, a drop of 5.6% from the February 13th total of 5,890,000 shares. Based on an average daily volume of 2,170,000 shares, the short-interest ratio is currently 2.6 days.
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 Tuesday, May 30th 2023.
View our APPS earnings forecast
.

How were Digital Turbine's earnings last quarter?

Digital Turbine, Inc. (NASDAQ:APPS) announced its quarterly earnings data on Wednesday, February, 8th. The software maker reported $0.22 EPS for the quarter, missing the consensus estimate of $0.31 by $0.09. The software maker earned $162.31 million during the quarter, compared to analysts' expectations of $184.94 million. Digital Turbine had a net margin of 7.14% and a trailing twelve-month return on equity of 21.20%.

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

Digital Turbine updated its FY 2023 earnings guidance on Wednesday, February, 8th. The company provided EPS guidance of $1.15-$1.20 for the period, compared to the consensus earnings per share estimate of $1.41. The company issued revenue guidance of $660.00 million-$670.00 million, compared to the consensus revenue estimate of $722.49 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."

Who are Digital Turbine's major shareholders?

Digital Turbine's stock is owned by many different institutional and retail investors. Top institutional shareholders include Granahan Investment Management LLC (3.47%), American Century Companies Inc. (2.16%), Rice Hall James & Associates LLC (1.89%), Geode Capital Management LLC (1.70%), Morgan Stanley (1.40%) and Norges Bank (0.87%). Insiders that own company 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
.

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 $11.06.

How much money does Digital Turbine make?

Digital Turbine (NASDAQ:APPS) has a market capitalization of $1.10 billion and generates $709.94 million in revenue each year. The software maker earns $35.55 million in net income (profit) each year or $0.49 on an earnings per share basis.

How many employees does Digital Turbine have?

The company 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 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 3/24/2023 by MarketBeat.com Staff