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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
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Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
NASDAQ:APPS

Digital Turbine - APPS Stock Forecast, Price & News

$17.28
-1.18 (-6.39%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$17.11
$18.00
50-Day Range
$13.89
$18.82
52-Week Range
$10.65
$55.68
Volume
2.84 million shs
Average Volume
1.77 million shs
Market Capitalization
$1.71 billion
P/E Ratio
33.23
Dividend Yield
N/A
Price Target
$24.83

Digital Turbine MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
43.7% Upside
$24.83 Price Target
Short Interest
Healthy
6.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.66
Upright™ Environmental Score
News Sentiment
0.12mentions of Digital Turbine in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.57%
From $1.15 to $1.26 Per Share

Overall MarketRank

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

2.44 out of 5 stars

Computer And Technology Sector

132nd out of 610 stocks

Patent Owners & Lessors Industry

3rd out of 5 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

Digital Turbine (NASDAQ:APPS) Shares Gap Down to $17.36
Digital Turbine (NASDAQ:APPS) Downgraded by B. Riley to "Neutral"
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Digital Turbine: Too Cheap To Ignore
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
A Look Into Digital Turbine's Debt
See More Headlines
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APPS Company Calendar

Last Earnings
11/09/2022
Today
2/04/2023
Next Earnings (Confirmed)
2/08/2023
Fiscal Year End
3/31/2023

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
$24.83
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$16.00
Forecasted Upside/Downside
+43.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$35.55 million
Pretax Margin
7.64%

Debt

Sales & Book Value

Annual Sales
$747.60 million
Cash Flow
$2.15 per share
Book Value
$5.32 per share

Miscellaneous

Free Float
93,571,000
Market Cap
$1.71 billion
Optionable
Optionable
Beta
2.38

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?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" APPS shares.
View APPS analyst ratings
or view top-rated stocks.

What is Digital Turbine's stock price forecast for 2023?

4 brokerages have issued 12 month target prices for Digital Turbine's shares. Their APPS share price forecasts range from $16.00 to $40.00. On average, they expect the company's share price to reach $24.83 in the next year. This suggests a possible upside of 43.7% 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 beginning of 2023. Since then, APPS stock has increased by 13.4% and is now trading at $17.28.
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 Wednesday, February 8th 2023.
View our APPS earnings forecast
.

How can I listen to Digital Turbine's earnings call?

Digital Turbine will be holding an earnings conference call on Wednesday, February 8th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "4128001".

How were Digital Turbine's earnings last quarter?

Digital Turbine, Inc. (NASDAQ:APPS) announced its quarterly earnings results on Wednesday, November, 9th. The software maker reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.02. The software maker earned $174.86 million during the quarter, compared to analyst estimates of $173.67 million. Digital Turbine had a trailing twelve-month return on equity of 26.56% and a net margin of 5.82%.

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

Digital Turbine issued an update on its third quarter 2023 earnings guidance on Friday, December, 9th. The company provided EPS guidance of $0.36-$0.39 for the period, compared to the consensus earnings per share estimate of $0.38. The company issued revenue guidance of $180.00 million-$190.00 million, compared to the consensus revenue estimate of $203.37 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 retail and institutional investors. Top institutional investors include Rice Hall James & Associates LLC (1.89%), Peregrine Capital Management LLC (0.46%), New York State Teachers Retirement System (0.15%), State of New Jersey Common Pension Fund D (0.14%), Lindbrook Capital LLC (0.13%) and Anderson Hoagland & Co. (0.13%). Insiders that own company stock include Christine Collins, Christopher Thomas Rogers, David Wesch, Jeff Karish, Michelle M Sterling, Mohan S Gyani, Robert M Deutschman, Robert M Deutschman, Roy H Chestnutt 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 $17.28.

How much money does Digital Turbine make?

Digital Turbine (NASDAQ:APPS) has a market capitalization of $1.71 billion and generates $764.45 million in revenue each year. The software maker earns $35.55 million in net income (profit) each year or $0.52 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 2/5/2023 by MarketBeat.com Staff