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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Instantly Find Hidden Trade Opportunities (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Instantly Find Hidden Trade Opportunities (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Instantly Find Hidden Trade Opportunities (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NASDAQ:APPS

Digital Turbine (APPS) Stock Forecast, Price & News

$9.14
+0.31 (+3.51%)
(As of 05/31/2023 ET)
Compare
Today's Range
$8.75
$9.25
50-Day Range
$8.23
$14.43
52-Week Range
$7.72
$27.03
Volume
4.43 million shs
Average Volume
2.35 million shs
Market Capitalization
$913.91 million
P/E Ratio
57.13
Dividend Yield
N/A
Price Target
$14.71

Digital Turbine MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
61.0% 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
-0.15mentions of Digital Turbine in the last 14 days
Based on 22 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.

2.72 out of 5 stars

Computer And Technology Sector

72nd out of 621 stocks

Patent Owners & Lessors Industry

2nd out of 7 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

Major Financial Crisis Could Hit America
Something strange is happening in our financial system. UBS analysts predict over 50,000 retail locations may close soon. Retail giants like Walmart, Foot Locker, Bed Bath & Beyond, and Macy's are already downsizing their stores. Are you using the best technology to protect your money at all costs?
Digital Turbine (NASDAQ:APPS) Updates Q1 Earnings Guidance
Digital Turbine (NASDAQ:APPS) Lowered to Neutral at Roth Mkm
Major Financial Crisis Could Hit America
Something strange is happening in our financial system. UBS analysts predict over 50,000 retail locations may close soon. Retail giants like Walmart, Foot Locker, Bed Bath & Beyond, and Macy's are already downsizing their stores. Are you using the best technology to protect your money at all costs?
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
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APPS Company Calendar

Last Earnings
11/02/2021
Today
5/31/2023
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
+61.0%
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
$1.70 per share
Book Value
$6.07 per share

Miscellaneous

Free Float
94,487,000
Market Cap
$913.91 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 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 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 brokerages have issued 1 year price targets for Digital Turbine's stock. Their APPS share price forecasts range from $9.00 to $20.00. On average, they anticipate the company's stock price to reach $14.71 in the next twelve months. This suggests a possible upside of 61.0% 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 decreased by 40.0% and is now trading at $9.14.
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 data on Tuesday, November, 2nd. The software maker reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.12. The software maker earned $310.21 million during the quarter, compared to analysts' expectations of $304 million. Digital Turbine had a net margin of 2.50% and a trailing twelve-month return on equity of 14.64%. During the same quarter last year, the firm posted $0.12 earnings per share.

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

Digital Turbine issued an update on its first quarter 2024 earnings guidance on Saturday, May, 27th. The company provided earnings per share 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 a variety of institutional and retail investors. Top institutional investors 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 $9.14.

How much money does Digital Turbine make?

Digital Turbine (NASDAQ:APPS) has a market capitalization of $913.91 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 6/1/2023 by MarketBeat.com Staff

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