NASDAQ:APPS Digital Turbine - APPS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Digital Turbine, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $12.11 -0.01 (-0.08%) (As of 03/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$11.93▼$12.5350-Day Range$9.80▼$18.4652-Week Range$9.13▼$47.47Volume2.13 million shsAverage Volume2.39 million shsMarket Capitalization$1.20 billionP/E Ratio24.71Dividend YieldN/APrice Target$18.17 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Digital Turbine MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside50.0% Upside$18.17 Price TargetShort InterestBearish6.18% of Shares Sold ShortDividend StrengthN/ASustainability-0.66Upright™ Environmental ScoreNews Sentiment0.74Based on 5 Articles This WeekInsider TradingSelling Shares$756,169 Sold Last QuarterProj. Earnings Growth-3.19%From $0.94 to $0.91 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.18 out of 5 starsComputer And Technology Sector313th out of 616 stocksPatent Owners & Lessors Industry4th out of 7 stocks 3.2 Analyst's Opinion Consensus RatingDigital Turbine has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.17, Digital Turbine has a forecasted upside of 50.0% from its current price of $12.11.Amount of Analyst CoverageDigital Turbine has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.18% of the outstanding shares of Digital Turbine have been sold short.Short Interest Ratio / Days to CoverDigital Turbine has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Digital Turbine has recently increased by 10.25%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldDigital Turbine does not currently pay a dividend.Dividend GrowthDigital Turbine does not have a long track record of dividend growth. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDigital Turbine has received a -14.26% net impact score from Upright. Digital Turbine uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Marketing optimization software", "Marketing data software", and "Video advertising software" products. See details.Environmental SustainabilityThe Environmental Impact score for Digital Turbine is -0.66. Previous Next 2.6 News and Social Media Coverage News SentimentDigital Turbine has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Digital Turbine this week, compared to 4 articles on an average week.Search InterestOnly 40 people have searched for APPS on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.MarketBeat FollowsOnly 18 people have added Digital Turbine to their MarketBeat watchlist in the last 30 days. This is a decrease of -5% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Digital Turbine insiders have sold 414.40% more of their company's stock than they have bought. Specifically, they have bought $147,000.00 in company stock and sold $756,169.00 in company stock.Percentage Held by InsidersOnly 5.50% of the stock of Digital Turbine is held by insiders.Percentage Held by Institutions62.45% of the stock of Digital Turbine is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Digital Turbine are expected to decrease by -3.19% in the coming year, from $0.94 to $0.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Digital Turbine is 24.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Digital Turbine is 24.71, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 320.21.Price to Earnings Growth RatioDigital Turbine has a PEG Ratio of 1.11. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDigital Turbine has a P/B Ratio of 2.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Digital Turbine (NASDAQ:APPS) StockDigital 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.Read More 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. Email Address APPS Stock News HeadlinesMarch 30, 2023 | finance.yahoo.comAre Digital Turbine, Inc.'s (NASDAQ:APPS) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?March 25, 2023 | marketwatch.comWhen Digital Turbine Inc ($APPS) Moves Investors should ListenMarch 30, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 20, 2023 | americanbankingnews.comDigital Turbine, Inc. (NASDAQ:APPS) CEO William Gordon Stone III Sells 35,000 SharesMarch 16, 2023 | finance.yahoo.comIndependent Chairman of the Board Robert Deutschman Just Bought 2.5% More Shares In Digital Turbine, Inc. (NASDAQ:APPS)March 13, 2023 | markets.businessinsider.comWhat 4 Analyst Ratings Have To Say About Digital TurbineMarch 8, 2023 | msn.comWhat Does Digital Turbine's Debt Look Like?March 2, 2023 | finance.yahoo.comDigital Turbine to Participate in the 35th Annual Roth Conference on March 13th and 14th, 2023March 30, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. February 17, 2023 | finance.yahoo.comExpedia Group and Digital Turbine have been highlighted as Zacks Bull and Bear of the DayFebruary 10, 2023 | msn.comIf You Invested $1000 In This Stock 5 Years Ago, You Would Have $5,500 TodayFebruary 10, 2023 | finance.yahoo.comDigital Turbine, Inc. (NASDAQ:APPS) Q3 2023 Earnings Call TranscriptFebruary 9, 2023 | finance.yahoo.comDigital Turbine (APPS) Q3 Earnings Lag, Revenues Fall Y/YFebruary 9, 2023 | finance.yahoo.comWhy Digital Turbine Stock Dropped Like a Rock This MorningFebruary 9, 2023 | benzinga.comMattel, Credit Suisse And Other Big Stocks Moving Lower In Wednesday's Pre-Market SessionFebruary 9, 2023 | 247wallst.comFirst Look Analysts Research Calls for Thursday, February 9February 9, 2023 | msn.comDigital Turbine plunges as Oppenheimer downgrades after earnings, guidance missFebruary 8, 2023 | msn.comDigital Turbine Non-GAAP EPS of $0.29 misses by $0.08, revenue of $162.3M misses by $23.23MFebruary 8, 2023 | finance.yahoo.comDigital Turbine (APPS) Lags Q3 Earnings and Revenue EstimatesFebruary 8, 2023 | msn.comIf You Invested $100 In This Stock 5 Years Ago, You Would Have $800 TodayFebruary 7, 2023 | msn.comDigital Turbine Earnings PreviewFebruary 7, 2023 | finance.yahoo.comInstitutional investors may adopt severe steps after Digital Turbine, Inc.'s (NASDAQ:APPS) latest 3.3% drop adds to a year lossesJanuary 26, 2023 | tmcnet.comDigital Turbine to Host Fiscal 2023 Third Quarter FinancialJanuary 25, 2023 | seekingalpha.comDigital Turbine: Too Cheap To IgnoreJanuary 13, 2023 | marketwatch.comWind Turbine Rotor Blade Market 2023 : Top Manufacturers, Key Trends, Progression Status and Business Trends to 2029January 13, 2023 | marketwatch.comWind Turbine Inspection Drones Market is Expected to Record the Massive Growth, with Prominent Key Players Analysis and Forecast to 2028January 12, 2023 | marketwatch.comWind Turbine Condition Monitoring System Market : Latest Trends, Size, Key Players, Revenue and Forecast 2029See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address APPS Company Calendar Last Earnings2/08/2023Today3/30/2023Fiscal Year End3/31/2023Next Earnings (Estimated)5/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Patent owners & lessors Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:APPS CUSIPN/A CIK317788 Webwww.digitalturbine.com Phone(512) 387-7717FaxN/AEmployees280Year FoundedN/APrice Target and Rating Average Stock Price Forecast$18.17 High Stock Price Forecast$25.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+50.0%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.49 Trailing P/E Ratio24.71 Forward P/E Ratio12.88 P/E Growth1.11Net Income$35.55 million Net Margins7.14% Pretax Margin8.82% Return on Equity21.20% Return on Assets8.68% Debt Debt-to-Equity Ratio0.70 Current Ratio1.18 Quick Ratio1.18 Sales & Book Value Annual Sales$747.60 million Price / Sales1.61 Cash Flow$2.26 per share Price / Cash Flow5.37 Book Value$5.32 per share Price / Book2.28Miscellaneous Outstanding Shares99,200,000Free Float93,741,000Market Cap$1.20 billion OptionableOptionable Beta2.49 Key ExecutivesBill StoneChief Executive Officer & DirectorMatthew GillisPresidentKirstie Elizabeth BrownExecutive VP-Global Finance & OperationsBarrett GarrisonChief Financial Officer & Executive Vice PresidentChristine CollinsChief Technology OfficerKey CompetitorsInterDigitalNASDAQ:IDCCPROSNYSE:PROAST SpaceMobileNASDAQ:ASTSCamtekNASDAQ:CAMTDigi InternationalNASDAQ:DGIIView All CompetitorsInsiders & InstitutionsWilliam Gordon Stone IIISold 35,000 sharesTotal: $368,900.00 ($10.54/share)B. Riley Wealth Advisors Inc.Sold 1,942 shares on 3/15/2023Ownership: 0.027%Robert M DeutschmanBought 15,000 shares on 3/13/2023Total: $147,000.00 ($9.80/share)William Gordon Stone IIISold 36,025 sharesTotal: $387,268.75 ($10.75/share)Parallax Volatility Advisers L.P.Bought 180,600 shares on 2/27/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions APPS Stock - Frequently Asked Questions Should I buy or sell Digital Turbine stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 3 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? 5 brokerages have issued 1 year price targets for Digital Turbine's shares. Their APPS share price forecasts range from $9.00 to $25.00. On average, they predict the company's stock price to reach $18.17 in the next twelve months. This suggests a possible upside of 50.0% 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 20.5% and is now trading at $12.11. View the best growth stocks for 2023 here. Are investors shorting Digital Turbine? Digital Turbine saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 6,130,000 shares, an increase of 10.3% from the February 28th total of 5,560,000 shares. Based on an average daily trading volume, of 2,330,000 shares, the short-interest ratio is presently 2.6 days. View Digital Turbine's Short Interest. When is Digital Turbine's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 30th 2023. View our APPS earnings forecast. How were Digital Turbine's earnings last quarter? Digital Turbine, Inc. (NASDAQ:APPS) posted its quarterly earnings results on Wednesday, February, 8th. The software maker reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.31 by $0.09. The software maker had revenue of $162.31 million for the quarter, compared to the consensus estimate of $184.94 million. Digital Turbine had a trailing twelve-month return on equity of 21.20% and a net margin of 7.14%. What ETFs hold Digital Turbine's stock? ETFs with the largest weight of Digital Turbine (NASDAQ:APPS) stock in their portfolio include Jacob Forward ETF (JFWD), SmartETFs Advertising & Marketing Technology ETF (MRAD), Invesco S&P SmallCap Information Technology ETF (PSCT), SPDR S&P Software & Services ETF (XSW), SPDR FactSet Innovative Technology ETF (XITK), Pacer US Small Cap Cash Cows 100 ETF (CALF) and iShares Expanded Tech-Software Sector ETF (IGV).Direxion Daily Software Bull 2X Shares (SWAR). What guidance has Digital Turbine issued on next quarter's earnings? Digital Turbine issued an update on its FY 2023 earnings guidance on Wednesday, February, 8th. The company provided earnings per share guidance of $1.15-$1.20 for the period, compared to the consensus EPS estimate of $1.41. The company issued revenue guidance of $660.00 million-$670.00 million, compared to the consensus revenue estimate of $722.49 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 retail and institutional investors. Top institutional investors include Granahan Investment Management LLC (3.47%), American Century Companies Inc. (2.16%), Rice Hall James & Associates LLC (1.89%), Geode Capital Management LLC (1.70%), Morgan Stanley (1.40%) and Norges Bank (0.87%). 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 $12.11. How much money does Digital Turbine make? Digital Turbine (NASDAQ:APPS) has a market capitalization of $1.20 billion and generates $747.60 million in revenue each year. The software maker earns $35.55 million in net income (profit) each year or $0.49 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 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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