NASDAQ:APPS Digital Turbine (APPS) Stock Forecast, Price & News $9.11 +0.88 (+10.69%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$7.72▼$9.2350-Day Range$8.23▼$14.4352-Week Range$7.72▼$27.03Volume10.41 million shsAverage Volume2.31 million shsMarket Capitalization$910.91 millionP/E Ratio56.94Dividend YieldN/APrice Target$14.71 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Digital Turbine MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside61.5% Upside$14.71 Price TargetShort InterestHealthy6.34% of Shares Sold ShortDividend StrengthN/ASustainability-0.66Upright™ Environmental ScoreNews Sentiment0.03Based on 29 Articles This WeekInsider TradingSelling Shares$756,169 Sold Last QuarterProj. Earnings Growth14.29%From $0.91 to $1.04 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.73 out of 5 starsComputer And Technology Sector108th out of 618 stocksPatent Owners & Lessors Industry2nd out of 8 stocks 3.2 Analyst's Opinion Consensus RatingDigital Turbine has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.71, Digital Turbine has a forecasted upside of 61.5% from its current price of $9.11.Amount of Analyst CoverageDigital Turbine has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.34% of the outstanding shares of Digital Turbine have been sold short.Short Interest Ratio / Days to CoverDigital Turbine has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Digital Turbine has recently decreased by 3.21%, indicating that investor sentiment is improving. 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 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDigital Turbine has received a -14.26% net impact score from Upright. Digital Turbine uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Marketing optimization software", "Marketing data software", and "Video advertising software" products. See details.Environmental SustainabilityThe Environmental Impact score for Digital Turbine is -0.66. Previous Next 2.2 News and Social Media Coverage News SentimentDigital Turbine has a news sentiment score of 0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 29 news articles for Digital Turbine this week, compared to 5 articles on an average week.Search Interest57 people have searched for APPS on MarketBeat in the last 30 days. This is an increase of 128% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Digital Turbine to their MarketBeat watchlist in the last 30 days. This is a decrease of -31% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Digital Turbine insiders have sold 414.40% more of their company's stock than they have bought. Specifically, they have bought $147,000.00 in company stock and sold $756,169.00 in company stock.Percentage Held by InsidersOnly 5.50% of the stock of Digital Turbine is held by insiders.Percentage Held by Institutions62.45% 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 14.29% in the coming year, from $0.91 to $1.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Digital Turbine is 56.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Digital Turbine is 56.94, 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 280.59.Price to Earnings Growth RatioDigital Turbine has a PEG Ratio of 0.59. 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 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Digital Turbine (NASDAQ:APPS) StockDigital 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.Read More 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 News HeadlinesMay 27, 2023 | americanbankingnews.comDigital Turbine (NASDAQ:APPS) Updates Q1 2024 Earnings GuidanceMay 27, 2023 | americanbankingnews.comDigital Turbine, Inc. (NASDAQ:APPS) Receives $18.00 Average Price Target from AnalystsMay 29, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 27, 2023 | americanbankingnews.comDigital Turbine (NASDAQ:APPS) Hits New 12-Month Low Following Analyst DowngradeMay 26, 2023 | benzinga.comThis Is What Whales Are Betting On Digital TurbineMay 26, 2023 | americanbankingnews.comDigital Turbine (NASDAQ:APPS) Updates Q1 Earnings GuidanceMay 26, 2023 | benzinga.comDigital Turbine Stock (NASDAQ:APPS), Insider Trading ActivityMay 26, 2023 | americanbankingnews.comDigital Turbine (NASDAQ:APPS) Lowered to Neutral at Roth MkmMay 29, 2023 | MarketBeat Internal (Ad)Your Ultimate Investment Research PlatformMarketBeat All-Access is the all-in-one stock research solution that saves you time and helps you make more money. 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May 26, 2023 | americanbankingnews.comDigital Turbine (NASDAQ:APPS) Given New $13.00 Price Target at Bank of AmericaMay 26, 2023 | americanbankingnews.comDigital Turbine (NASDAQ:APPS) Price Target Cut to $20.00 by Analysts at Craig HallumMay 25, 2023 | markets.businessinsider.comRoth MKM downgrades Digital Turbine (APPS) to a HoldMay 25, 2023 | msn.comCraig-Hallum Maintains Digital Turbine (APPS) Buy RecommendationMay 25, 2023 | finanznachrichten.deDigital Turbine, Inc.: Digital Turbine Reports Fiscal 2023 Fourth Quarter and Fiscal Year 2023 Financial ResultsMay 25, 2023 | msn.comSnowflake, American Eagle, Digital Turbine And Other Big Stocks Moving Lower In Thursday's Pre-Market SessionMay 25, 2023 | markets.businessinsider.com4 Analysts Have This to Say About Digital TurbineMay 25, 2023 | finance.yahoo.comQ4 2023 Digital Turbine Inc Earnings CallMay 25, 2023 | investorplace.comWhy Is Digital Turbine (APPS) Stock Down 36% Today?May 25, 2023 | seekingalpha.comDigital Turbine: End Of The Road - Part 2May 24, 2023 | msn.comRecap: Digital Turbine Q4 EarningsMay 24, 2023 | finance.yahoo.comDigital Turbine Reports Fiscal 2023 Fourth Quarter and Fiscal Year 2023 Financial ResultsMay 23, 2023 | fool.comDigital Turbine (NASDAQ: APPS)May 23, 2023 | americanbankingnews.comDigital Turbine (APPS) to Release Quarterly Earnings on WednesdayMay 20, 2023 | seekingalpha.comDigital Turbine: Priced Fairly, A Hold With Near-Term UncertaintyMay 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Digital Turbine (NASDAQ:APPS)May 18, 2023 | forbes.comBranding And How Marketers Can Stay Relevant - And Profitable - In A Post-Privacy WorldMay 17, 2023 | markets.businessinsider.comDigital Turbine (APPS) Receives a Buy from Roth MKMSee More Headlines 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 Company Calendar Last Earnings11/02/2021Today5/29/2023Next Earnings (Estimated)8/14/2023Fiscal Year End3/31/2024Get Stock AlertsIndustry, 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/APrice Target and Rating Average Stock Price Forecast$14.71 High Stock Price Forecast$20.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+61.5%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.16 Trailing P/E Ratio56.94 Forward P/E Ratio10.01 P/E Growth0.59Net Income$16.67 million Net Margins2.50% Pretax Margin3.31% Return on Equity14.64% Return on Assets6.45% Debt Debt-to-Equity Ratio0.68 Current Ratio1.20 Quick Ratio1.20 Sales & Book Value Annual Sales$665.92 million Price / Sales1.37 Cash Flow$1.69 per share Price / Cash Flow5.38 Book Value$6.12 per share Price / Book1.49Miscellaneous Outstanding Shares99,990,000Free Float94,487,000Market Cap$910.91 million OptionableOptionable Beta2.47 Key ExecutivesBill StoneChief Executive Officer & DirectorMatthew GillisPresidentKirstie Elizabeth BrownExecutive VP-Global Finance & OperationsBarrett GarrisonChief Financial Officer & Executive Vice PresidentChristine CollinsChief Technology OfficerKey CompetitorsInterDigitalNASDAQ:IDCCE2open ParentNYSE:ETWOMomentive GlobalNASDAQ:MNTVCTSNYSE:CTSUdemyNASDAQ:UDMYView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 5,644 shares on 5/22/2023Ownership: 0.369%JPMorgan Chase & Co.Bought 20,948 shares on 5/18/2023Ownership: 0.202%New York State Common Retirement FundSold 30,476 shares on 5/18/2023Ownership: 0.076%Thrivent Financial for LutheransSold 2,967 shares on 5/17/2023Ownership: 0.090%B. Riley Wealth Advisors Inc.Sold 1,424 shares on 5/17/2023Ownership: 0.026%View All Insider TransactionsView All Institutional Transactions APPS Stock - Frequently Asked Questions Should I buy or sell Digital Turbine stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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? 6 brokers have issued twelve-month price objectives for Digital Turbine's shares. Their APPS share price forecasts range from $9.00 to $20.00. On average, they expect the company's stock price to reach $14.71 in the next twelve months. This suggests a possible upside of 61.5% 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 40.2% and is now trading at $9.11. View the best growth stocks for 2023 here. When is Digital Turbine's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023. View our APPS earnings forecast. How were Digital Turbine's earnings last quarter? Digital Turbine, Inc. (NASDAQ:APPS) released its quarterly earnings results on Tuesday, November, 2nd. The software maker reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.12. The software maker had revenue of $310.21 million for the quarter, compared to the consensus estimate of $304 million. Digital Turbine had a trailing twelve-month return on equity of 14.64% and a net margin of 2.50%. During the same quarter in the prior year, the business posted $0.12 EPS. What ETFs hold Digital Turbine's stock? ETFs with the largest weight of Digital Turbine (NASDAQ:APPS) stock in their portfolio include Jacob Forward ETF (JFWD), SmartETFs Advertising & Marketing Technology ETF (MRAD), Invesco S&P SmallCap Information Technology ETF (PSCT), SPDR S&P Software & Services ETF (XSW), SPDR FactSet Innovative Technology ETF (XITK), Pacer US Small Cap Cash Cows 100 ETF (CALF), RiverFront Dynamic US Flex-Cap ETF (RFFC) and Vanguard U.S. Value Factor (VFVA). What guidance has Digital Turbine issued on next quarter's earnings? Digital Turbine updated its first quarter 2024 earnings guidance on Saturday, May, 27th. The company provided earnings per share (EPS) guidance of $0.11-$0.13 for the period, compared to the consensus earnings per share estimate of $0.22. The company issued revenue guidance of $140.00 million-$145.00 million, compared to the consensus revenue estimate of $148.53 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 BlackRock Inc. (14.39%), Granahan Investment Management LLC (4.44%), State Street Corp (3.51%), American Century Companies Inc. (2.45%), Rice Hall James & Associates LLC (1.87%) and Geode Capital Management LLC (1.78%). 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 $9.11. How much money does Digital Turbine make? Digital Turbine (NASDAQ:APPS) has a market capitalization of $910.91 million and generates $665.92 million in revenue each year. The software maker earns $16.67 million in net income (profit) each year or $0.16 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 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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