Digital Turbine Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Digital Turbine stock.
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Digital Turbine is scheduled to release its next quarterly earnings announcement on Tuesday, June 1st 2021.
View our earnings forecast for Digital Turbine.

Digital Turbine, Inc. (NASDAQ:APPS) announced its quarterly earnings results on Tuesday, February, 2nd. The software maker reported $0.21 EPS for the quarter, beating the consensus estimate of $0.18 by $0.03. The software maker had revenue of $88.59 million for the quarter, compared to the consensus estimate of $75.86 million. Digital Turbine had a net margin of 13.38% and a trailing twelve-month return on equity of 38.26%. The company's revenue for the quarter was up 146.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.05 EPS.
View Digital Turbine's earnings history.

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 increased by 865.5% and is now trading at $56.77.
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Digital Turbine issued an update on its first quarter 2022 earnings guidance on Thursday, May, 13th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $135 million-$140 million.

7 brokers have issued 12-month price targets for Digital Turbine's stock. Their forecasts range from $23.00 to $115.00. On average, they expect Digital Turbine's share price to reach $79.36 in the next year. This suggests a possible upside of 39.8% from the stock's current price.
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46 employees have rated Digital Turbine CEO Bill Stone on Glassdoor.com. Bill Stone has an approval rating of 97% among Digital Turbine's employees. This puts Bill Stone in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Digital Turbine include Dolby Laboratories (DLB), InterDigital (IDCC), Marathon Digital (MARA), Franchise Group (FRG), The Joint (JYNT), Liberty Tax (TAXA), VirnetX (VHC), Acacia Research (ACTG), Quarterhill (QTRHF), Pendrell (PCOA), Network-1 Technologies (NTIP), Research Frontiers (REFR), Xcel Brands (XELB), MGT Capital Investments (MGTI) and Micro Imaging Technology (MMTC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Digital Turbine investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Square (SQ), Tesla (TSLA), DocuSign (DOCU), salesforce.com (CRM), Alibaba Group (BABA), PayPal (PYPL), Enphase Energy (ENPH) and Marvell Technology (MRVL).

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

Digital Turbine's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.28%), Geode Capital Management LLC (1.58%), Lord Abbett & CO. LLC (1.30%), JPMorgan Chase & Co. (1.21%), Northern Trust Corp (1.06%) and Braun Stacey Associates Inc. (0.44%). Company insiders that own Digital Turbine stock include Christine Collins, Christopher Thomas Rogers, David Wesch, 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.

APPS stock was sold by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, Lord Abbett & CO. LLC, Braun Stacey Associates Inc., Northern Trust Corp, Brendel Financial Advisors LLC, New York State Common Retirement Fund, Los Angeles Capital Management LLC, and Victory Capital Management Inc.. Company insiders that have sold Digital Turbine company stock in the last year include Christopher Thomas Rogers, David Wesch, Jeff Karish, and William Gordon Stone III.
View insider buying and selling activity for Digital Turbine or view top insider-selling stocks.

APPS stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Citigroup Inc., Prudential Financial Inc., Panagora Asset Management Inc., Assenagon Asset Management S.A., M&G Investment Management Ltd., and Neuberger Berman Group LLC. 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 or or view top insider-buying stocks.

Shares of APPS 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.
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One share of APPS stock can currently be purchased for approximately $56.77.

Digital Turbine has a market capitalization of $5.08 billion and generates $138.71 million in revenue each year. The software maker earns $13.90 million in net income (profit) each year or $0.17 on an earnings per share basis.

Digital Turbine employs 207 workers across the globe.

The official website for Digital Turbine is www.digitalturbine.com.

Digital Turbine is headquartered at 111 NUECES STREET, AUSTIN TX, 78701.

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]