NASDAQ:APPS - Digital Turbine Stock Price, Forecast & News

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 stock has decreased by 26.7% and is now trading at $4.31. View which stocks have been mosted 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 Monday, June 1st 2020. View our earnings forecast for Digital Turbine.

Digital Turbine Inc (NASDAQ:APPS) released its earnings results on Monday, February, 10th. The software maker reported $0.04 earnings per share 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.

Digital Turbine issued an update on its fourth quarter 2020 After-Hours earnings guidance on Monday, February, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $33.2-34.5 million, compared to the consensus revenue estimate of $33.63 million.

6 equities research analysts have issued 1 year price targets for Digital Turbine's stock. Their forecasts range from $5.10 to $12.00. On average, they anticipate Digital Turbine's share price to reach $8.35 in the next year. This suggests a possible upside of 93.7% from the stock's current price. View analysts' price targets for Digital Turbine.

Media coverage about APPS stock has been trending very negative on Wednesday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. 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 -3.0 on InfoTrie's scale. They also assigned media coverage about the software maker a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View the latest news aboutDigital Turbine.

Digital Turbine saw a drop in short interest in March. As of March 13th, there was short interest totaling 5,157,400 shares, a drop of 24.3% from the February 27th total of 6,810,000 shares. Based on an average daily trading volume, of 3,198,700 shares, the days-to-cover ratio is currently 1.6 days. Approximately 6.6% of the shares of the company are short sold. View Digital Turbine's Current Options Chain.

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

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

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

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 $4.31.

Digital Turbine has a market capitalization of $373.85 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. View additional information about Digital Turbine.

The official website for Digital Turbine is http://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]