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S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
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Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
NASDAQ:APPS

Digital Turbine - APPS Stock Forecast, Price & News

$17.36
+0.56 (+3.33%)
(As of 01/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$16.74
▼
$17.54
50-Day Range
$13.89
▼
$18.82
52-Week Range
$10.65
▼
$55.68
Volume
1.51 million shs
Average Volume
1.61 million shs
Market Capitalization
$1.72 billion
P/E Ratio
33.39
Dividend Yield
N/A
Price Target
$26.83

Digital Turbine MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
54.6% Upside
$26.83 Price Target
Short Interest
Healthy
6.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.66
Upright™ Environmental Score
News Sentiment
0.74mentions of Digital Turbine in the last 14 days
Based on 7 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.

2.56 out of 5 stars

Computer And Technology Sector

133rd out of 631 stocks

Patent Owners & Lessors Industry

3rd out of 8 stocks

See Top Rated MarketRank™ Stocks Here

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

January 26, 2023 | tmcnet.com
Digital Turbine to Host Fiscal 2023 Third Quarter Financial
January 25, 2023 | seekingalpha.com
Digital Turbine: Too Cheap To Ignore
February 1, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
January 13, 2023 | marketwatch.com
Wind Turbine Rotor Blade Market 2023 : Top Manufacturers, Key Trends, Progression Status and Business Trends to 2029
January 13, 2023 | marketwatch.com
Wind Turbine Inspection Drones Market is Expected to Record the Massive Growth, with Prominent Key Players Analysis and Forecast to 2028
January 12, 2023 | marketwatch.com
Wind Turbine Condition Monitoring System Market : Latest Trends, Size, Key Players, Revenue and Forecast 2029
January 10, 2023 | marketwatch.com
Offshore Wind Turbines Market By Industry Research, Supply, Size, Share and Prospects 2023-2028
January 10, 2023 | marketwatch.com
Vertical Axis Wind Turbine Market Size, Outlook, Share, Prominent Players, Growth, and Forecast 2028
February 1, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
January 10, 2023 | marketwatch.com
Reinforcement Fiber for Wind Turbine Blades Market Size: Dynamics, Generate Revenue 2023-2028| Market Research Guru
January 10, 2023 | marketwatch.com
Wind Turbine Operations Market Provides an In-Depth Insight of Trends and Landscape Outlook 2023-2028
January 8, 2023 | marketwatch.com
Wind Turbine Forging Market: Competitive Situation Highlighting Analysis and Growth Status During 2023-2029
January 8, 2023 | marketwatch.com
Wind Turbine Operation and Maintenance Market is Thriving Globally 2023-2028: Latest Trends, Future Growth Rate Analysis with Top Manufacturers
January 7, 2023 | marketwatch.com
Direct Drive (Gearless) Wind Turbine Market 2023 : Future Trends, SWOT Analysis, Remarkable Growth, and Competitive Landscape by 2029
January 6, 2023 | marketwatch.com
Gas Turbine Engine Market, Leading Players, Growth and Business Opportunities by 2028
January 5, 2023 | benzinga.com
A Look Into Digital Turbine's Debt
December 28, 2022 | seekingalpha.com
Digital Turbine: Materially Undervalued Based On Imminent Growth Drivers
December 22, 2022 | marketwatch.com
Wind Turbine Components Market Size : Dynamics, Generate Revenue, The Impact of Covid-19, Application And Forecast to 2028
December 22, 2022 | marketwatch.com
With 17.4% CAGR, Small Wind Turbine Market to Witness A Pronounce Growth During 2023-2028 | 107 Pages Report
December 22, 2022 | marketwatch.com
Direct Drive (Gearless) Wind Turbine Market Size 2028 Size Estimation, New Investment Opportunities with Top Countries Data
December 20, 2022 | marketwatch.com
Wind Turbine Generator Market Global Demand, Opportunities, Trends, Analysis and Forecast to 2030
December 20, 2022 | marketwatch.com
Turbine Control System Market Share : Industry Trends, Growth, Size and Segmentation by 2023 to 2028
December 20, 2022 | marketwatch.com
Aircraft Micro Turbine Engines Market Size and Share Likely to Grow with CAGR Status and Industry Revenue Forecast by 2023-2029
December 19, 2022 | benzinga.com
Turbines Market Value to Reach US$ 331.6 Bn by 2031, Transparency Market Research, Inc.
December 17, 2022 | marketwatch.com
Turbine Oil Additives Market : Global Development, Industry Trends, Demand and Growth Analysis 2022 to 2028 | 114 Pages Report
December 13, 2022 | msn.com
Digital Turbine's Return On Capital Employed Overview
December 12, 2022 | seekingalpha.com
Digital Turbine: Some Good News Are Not Good Enough For Me
See More Headlines
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APPS Company Calendar

Last Earnings
11/09/2022
Today
1/31/2023
Next Earnings (Confirmed)
2/08/2023
Fiscal Year End
3/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Patent owners & lessors
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:APPS
CUSIP
N/A
CIK
317788
Web
www.digitalturbine.com
Phone
(512) 387-7717
Fax
N/A
Employees
280
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$26.83
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+54.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.52
Trailing P/E Ratio
33.39
Forward P/E Ratio
15.10
P/E Growth
1.12
Net Income
$35.55 million
Net Margins
5.82%
Pretax Margin
7.64%
Return on Equity
26.56%
Return on Assets
10.07%

Debt

Debt-to-Equity Ratio
0.76
Current Ratio
1.17
Quick Ratio
1.17

Sales & Book Value

Annual Sales
$747.60 million
Price / Sales
2.30
Cash Flow
$2.10 per share
Price / Cash Flow
8.28
Book Value
$5.32 per share
Price / Book
3.26

Miscellaneous

Outstanding Shares
99,020,000
Free Float
93,571,000
Market Cap
$1.72 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













APPS Stock - Frequently Asked Questions

Should I buy or sell Digital Turbine stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities 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 analysts have issued 1 year price targets for Digital Turbine's stock. Their APPS share price forecasts range from $19.00 to $40.00. On average, they anticipate the company's stock price to reach $26.83 in the next twelve months. This suggests a possible upside of 54.7% 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 on January 1st, 2023. Since then, APPS shares have increased by 13.8% and is now trading at $17.34.
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 data on Wednesday, November, 9th. The software maker reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.02. The software maker had revenue of $174.86 million for the quarter, compared to the consensus estimate of $173.67 million. Digital Turbine had a net margin of 5.82% and a trailing twelve-month return on equity of 26.56%.

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

Digital Turbine updated its third quarter 2023 earnings guidance on Friday, December, 9th. The company provided earnings per share 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 a number of institutional and retail investors. Top institutional shareholders include Rice Hall James & Associates LLC (1.89%), Peregrine Capital Management LLC (0.46%), New York State Teachers Retirement System (0.15%), Lindbrook Capital LLC (0.13%), Anderson Hoagland & Co. (0.13%) and New York State Common Retirement Fund (0.11%). 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 $17.34.

How much money does Digital Turbine make?

Digital Turbine (NASDAQ:APPS) has a market capitalization of $1.72 billion and generates $747.60 million in revenue each year. The software maker earns $35.55 million in net income (profit) each year or $0.52 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 2/1/2023 by MarketBeat.com Staff