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

-0.13 (-2.98 %)
(As of 03/29/2020 02:07 AM ET)
Today's Range
Now: $4.23
50-Day Range
MA: $5.78
52-Week Range
Now: $4.23
Volume1.98 million shs
Average Volume3.18 million shs
Market Capitalization$366.91 million
P/E RatioN/A
Dividend YieldN/A
Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication solutions for mobile operators, application developers, device original equipment manufacturers, and other third parties worldwide. The company offers Ignite, a mobile application management software to control, manage, and monetize the applications that are installed on mobile devices and professional services directly related to the ignite platform. It also provides Discover software, which provides application installation and management, as well as detailed reporting to advertisers and carriers. In addition, the company offers other products and professional services directly related to the Ignite platform. Digital Turbine, Inc. is headquartered in Austin, Texas.
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Digital Turbine logo

Industry, Sector and Symbol

Industry Patent owners & lessors
SectorComputer and Technology
Current SymbolNASDAQ:APPS



Sales & Book Value

Annual Sales$103.57 million
Cash Flow$0.08 per share
Book Value$0.44 per share


Net Income$-6,010,000.00


Market Cap$366.91 million
Next Earnings Date6/1/2020 (Estimated)

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Digital Turbine (NASDAQ:APPS) Frequently Asked Questions

How has Digital Turbine's stock been impacted by COVID-19 (Coronavirus)?

Digital Turbine's stock was trading at $5.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, APPS shares have decreased by 28.1% and is now trading at $4.23. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Digital Turbine?

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.

When is Digital Turbine's next earnings date?

Digital Turbine is scheduled to release its next quarterly earnings announcement on Monday, June 1st 2020. View our earnings forecast for Digital Turbine.

How were Digital Turbine's earnings last quarter?

Digital Turbine Inc (NASDAQ:APPS) posted its quarterly earnings results on Monday, February, 10th. The software maker reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by $0.01. The software maker had revenue of $36.02 million for the quarter, compared to analyst estimates 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.

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

Digital Turbine issued an update on its fourth quarter 2020 After-Hours earnings guidance on Monday, February, 10th. The company provided earnings per share 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.

What price target have analysts set for APPS?

6 brokerages have issued 1-year price objectives 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 97.4% from the stock's current price. View analysts' price targets for Digital Turbine.

Has Digital Turbine been receiving favorable news coverage?

Media coverage about APPS stock has been trending very negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Digital Turbine earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news coverage about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutDigital Turbine.

Are investors shorting Digital Turbine?

Digital Turbine saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 5,157,400 shares, a decrease 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 stock are short sold. View Digital Turbine's Current Options Chain.

Who are some of Digital Turbine's key 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), Enphase Energy (ENPH), Advanced Micro Devices (AMD), Canopy Growth (CGC), Alibaba Group (BABA), Square (SQ), AT&T (T), Amarin (AMRN), Micron Technology (MU) and Tesla (TSLA).

Who are Digital Turbine's key executives?

Digital Turbine's management team includes the following people:
  • Mr. William Gordon Stone III, CEO & Director (Age 51)
  • Mr. Barrett Garrison, Exec. VP & CFO (Age 43)
  • Mr. David Wesch, Chief Accounting Officer (Age 32)
  • Ms. Christine Collins, Chief Technology Officer
  • Ms. Kirstie Elizabeth Brown, Exec. VP of Global Fin. & Operations (Age 43)

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 a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (2.15%), Driehaus Capital Management LLC (1.34%), Geode Capital Management LLC (1.12%), Goldman Sachs Group Inc. (0.92%), Cooper Creek Partners Management LLC (0.89%) and Man Group plc (0.83%). 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.

Which major investors are selling Digital Turbine stock?

APPS stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, EAM Investors LLC, EAM Global Investors LLC, Goldman Sachs Group Inc., Oxford Asset Management LLP, Belpointe Asset Management LLC, P.A.W. Capital Corp, and Barclays PLC. 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.

Which major investors are buying Digital Turbine stock?

APPS stock was acquired by a variety of institutional investors in the last quarter, including Man Group plc, Hancock Whitney Corp, Driehaus Capital Management LLC, Cooper Creek Partners Management LLC, Navellier & Associates Inc, AQR Capital Management LLC, Swiss National Bank, and Creative Planning. 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Digital Turbine's stock price today?

One share of APPS stock can currently be purchased for approximately $4.23.

How big of a company is Digital Turbine?

Digital Turbine has a market capitalization of $366.91 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.

What is Digital Turbine's official website?

The official website for Digital Turbine is http://www.digitalturbine.com/.

How can I contact Digital Turbine?

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]

MarketBeat Community Rating for Digital Turbine (NASDAQ APPS)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  326 (Vote Outperform)
Underperform Votes:  282 (Vote Underperform)
Total Votes:  608
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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