S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
NASDAQ:APPS

Digital Turbine (APPS) Stock Forecast, Price & News

$9.11
+0.88 (+10.69%)
(As of 05/26/2023 04:00 PM ET)
Compare
Today's Range
$7.72
$9.23
50-Day Range
$8.23
$14.43
52-Week Range
$7.72
$27.03
Volume
10.41 million shs
Average Volume
2.31 million shs
Market Capitalization
$910.91 million
P/E Ratio
56.94
Dividend Yield
N/A
Price Target
$14.71

Digital Turbine MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
61.5% Upside
$14.71 Price Target
Short Interest
Healthy
6.34% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.66
Upright™ Environmental Score
News Sentiment
0.03mentions of Digital Turbine in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$756,169 Sold Last Quarter
Proj. Earnings Growth
14.29%
From $0.91 to $1.04 Per Share

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 stars

Computer And Technology Sector

108th out of 618 stocks

Patent Owners & Lessors Industry

2nd out of 8 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.

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.

APPS Stock News Headlines

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.
Digital Turbine (NASDAQ:APPS) Updates Q1 Earnings Guidance
Digital Turbine (NASDAQ:APPS) Lowered to Neutral at Roth Mkm
Your Ultimate Investment Research Platform
MarketBeat All-Access is the all-in-one stock research solution that saves you time and helps you make more money. You get our top stock picks, best-in-class research tools, proprietary research reports and much more.
Roth MKM downgrades Digital Turbine (APPS) to a Hold
4 Analysts Have This to Say About Digital Turbine
Q4 2023 Digital Turbine Inc Earnings Call
Why Is Digital Turbine (APPS) Stock Down 36% Today?
Digital Turbine: End Of The Road - Part 2
Recap: Digital Turbine Q4 Earnings
Digital Turbine (NASDAQ: APPS)
Digital Turbine (APPS) Receives a Buy from Roth MKM
See More Headlines
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.

APPS Company Calendar

Last Earnings
11/02/2021
Today
5/29/2023
Next Earnings (Estimated)
8/14/2023
Fiscal Year End
3/31/2024

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
$14.71
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+61.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$16.67 million
Pretax Margin
3.31%

Debt

Sales & Book Value

Annual Sales
$665.92 million
Cash Flow
$1.69 per share
Book Value
$6.12 per share

Miscellaneous

Free Float
94,487,000
Market Cap
$910.91 million
Optionable
Optionable
Beta
2.47

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?

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 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

My Account -