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 year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 target for 2024?

4 Wall Street analysts have issued 12 month price objectives for Digital Turbine's shares. Their APPS share price targets range from $4.50 to $10.00. On average, they predict the company's share price to reach $7.50 in the next year. This suggests a possible upside of 307.6% 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 2024?

Digital Turbine's stock was trading at $6.86 on January 1st, 2024. Since then, APPS stock has decreased by 73.2% and is now trading at $1.84. View the best growth stocks for 2024 here .

Are investors shorting Digital Turbine?

Digital Turbine saw a drop in short interest in March. As of March 31st, there was short interest totaling 5,470,000 shares, a drop of 34.4% from the March 15th total of 8,340,000 shares. Based on an average trading volume of 2,700,000 shares, the short-interest ratio is currently 2.0 days. Currently, 6.0% of the company's shares are sold short. 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 Wednesday, May 22nd 2024. View our APPS earnings forecast .

How were Digital Turbine's earnings last quarter?

Digital Turbine, Inc. (NASDAQ:APPS) announced its earnings results on Wednesday, February, 7th. The software maker reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.03. The software maker had revenue of $142.63 million for the quarter, compared to the consensus estimate of $146.45 million. Digital Turbine had a positive trailing twelve-month return on equity of 4.48% and a negative net margin of 34.53%.

What ETFs hold Digital Turbine's stock?

ETFs with the largest weight of Digital Turbine (NASDAQ:APPS) stock in their portfolio include SmartETFs Advertising & Marketing Technology ETF (MRAD) , Jacob Forward ETF (JFWD) and Invesco S&P SmallCap Information Technology ETF (PSCT) . Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR) .

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

Digital Turbine updated its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share (EPS) guidance of 0.500-0.540 for the period, compared to the consensus EPS estimate of 0.610. The company issued revenue guidance of $547.0 million-$553.0 million, compared to the consensus revenue estimate of $572.5 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) .

Who are Digital Turbine's major shareholders?

Digital Turbine's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.00%) and Allspring Global Investments Holdings LLC (0.02%). Insiders that own company stock include Christine Collins , 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:APPS

Digital Turbine (APPS) Stock Price, News & Analysis

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$1.83

-0.08 (-4.19%)

(As of 11:27 AM ET)

Compare

Today's Range: $1.81
▼
$1.91
50-Day Range: $1.79
▼
$3.91
52-Week Range: $1.78
▼
$14.61

Volume: 491,383 shs
Average Volume: 2.58 million shs
Market Capitalization: $186.70 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.50

Get Digital Turbine alerts:

Digital Turbine MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 307.6% Upside
$7.50 Price Target
Short Interest: Healthy
5.96% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.66
Upright™ Environmental Score
News Sentiment: 0.51
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -25.00%
From $0.16 to $0.12 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.51 out of 5 stars

Computer And Technology Sector

217th out of 581 stocks

Software - Application Industry

1st out of 2 stocks

3.1

Analyst's Opinion

Consensus Rating
Digital Turbine has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Digital Turbine has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
5.96% of the float of Digital Turbine has been sold short.
Short Interest Ratio / Days to Cover
Digital Turbine has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Digital Turbine has recently decreased by 34.41%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Digital Turbine does not currently pay a dividend.
Dividend Growth
Digital Turbine does not have a long track record of dividend growth.

1.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Digital 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 Sustainability
The Environmental Impact score for Digital Turbine is -0.66.

2.5

News and Social Media Coverage

News Sentiment
Digital Turbine has a news sentiment score of 0.51. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Digital Turbine this week, compared to 3 articles on an average week.
Search Interest
Only 24 people have searched for APPS on MarketBeat in the last 30 days. This is a decrease of -4% compared to the previous 30 days.
MarketBeat Follows
8 people have added Digital Turbine to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Digital Turbine insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.20% of the stock of Digital Turbine is held by insiders.
Percentage Held by Institutions
63.66% of the stock of Digital Turbine is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Digital Turbine are expected to decrease by -25.00% in the coming year, from $0.16 to $0.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Digital Turbine is -0.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Digital Turbine is -0.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Digital Turbine has a PEG Ratio of 4.57. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Digital Turbine has a P/B Ratio of 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Digital Turbine Stock (NASDAQ:APPS)

Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through two segments, On Device Solutions and App Growth Platform. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising and media content delivery services, and sponsored and editorial content media. The company also provides direct campaign management products, such as the DT DSP and DT Offer Wall; ad monetization solutions allow mobile app publishers and developers to monetize their monthly active users via display, native, and video advertising; brands and agencies runs mobile brand-awareness campaigns on the direct mobile app inventory; and app developers and other performance-focused advertisers execute mobile user acquisition campaigns for their apps and products. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. The company is headquartered in Austin, Texas.

APPS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

APPS Stock News Headlines

April 17, 2024 | msn.com

Michigan Supreme Court upholds Tuscola Co. wind turbines ruling

April 15, 2024 | benzinga.com

Peering Into Digital Turbine's Recent Short Interest

April 19, 2024 | InvestorPlace (Ad)

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April 13, 2024 | americanbankingnews.com

Digital Turbine (NASDAQ:APPS) Raised to "Hold" at StockNews.com

April 12, 2024 | seekingalpha.com

Digital Turbine: Do Not Buy This Stock

April 12, 2024 | ft.com

EU launches probe into Chinese wind turbine companies

April 10, 2024 | marketwatch.com

EU Opens Probe Into Chinese Wind-Turbine Suppliers -- Update

April 10, 2024 | prnewswire.com

Digital Turbine to Deliver Green Mobile Advertising Solutions Powered by Scope3

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April 9, 2024 | msn.com

EU to investigate Chinese wind turbine suppliers

April 9, 2024 | americanbankingnews.com

Digital Turbine, Inc. (NASDAQ:APPS) Given Consensus Recommendation of "Hold" by Brokerages

April 4, 2024 | uk.news.yahoo.com

Appeal date set for Crooked House public inquiry

April 4, 2024 | benzinga.com

Top 5 Tech Stocks That Could Lead To Your Biggest Gains This Month - Dropbox (NASDAQ:DBX), Digital Turbine (NASDAQ:APPS)

April 2, 2024 | msn.com

What Google’s Privacy Sandbox means for the app ecosystem

April 1, 2024 | powermag.com

Chinese Companies Continue to Dominate Global Wind Turbine Market

March 31, 2024 | msn.com

How do giant turbines travel on rural roads?

March 31, 2024 | msn.com

New tech will let wind turbines build themselves

March 31, 2024 | msn.com

General Electric's 38% jump leads Q1 gains among large-cap industrials

March 28, 2024 | msn.com

I’m sorry, but you appear to have forgotten to provide the article content to generate a news title. Can you please share those details?

March 22, 2024 | yahoo.com

Company develops revolutionary technology that allows wind turbines to practically build themselves: 'It will be a gamechanger'

March 21, 2024 | nytimes.com

The 50+ Best Deals From Amazon's Big Spring Sale (And Across the Internet) This Week

March 20, 2024 | msn.com

The surprising impact of wind turbines on US property prices

March 20, 2024 | msn.com

SWBNO announces repair timeline for Turbine 4

March 20, 2024 | msn.com

Repair of S&WB’s Turbine 4 delayed until May after ‘operator error’ during testing

March 20, 2024 | finance.yahoo.com

ONE Store and HAPPYTUK Partner to Launch Alternative App Market in Taiwan

March 18, 2024 | msn.com

How much are wind turbines dragging down home values? A new study has surprising answers

March 18, 2024 | seekingalpha.com

Digital Turbine: Why I Will Stay Clear For Now

See More Headlines

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Company Calendar

Last Earnings: 2/07/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/22/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Patent owners & lessors
Sub-Industry: N/A
Current Symbol: NASDAQ:APPS
CUSIP: N/A
CIK: 317788
Web: www.digitalturbine.com
Phone: (512) 387-7717
Fax: N/A
Employees: 777
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.50
High Stock Price Target: $10.00
Low Stock Price Target: $4.50
Potential Upside/Downside: +292.7%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.97)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 11.94
P/E Growth: 4.4
Net Income: $16.67 million
Net Margins: -34.53%
Pretax Margin: -35.97%
Return on Equity: 4.48%
Return on Assets: 1.99%

Debt

Debt-to-Equity Ratio: 0.84
Current Ratio: 1.07
Quick Ratio: 1.07

Sales & Book Value

Annual Sales: $665.92 million
Price / Sales: 0.29
Cash Flow: $1.80 per share
Price / Cash Flow: 1.06
Book Value: $6.12 per share
Price / Book: 0.31

Miscellaneous

Outstanding Shares: 102,020,000
Free Float: 96,716,000
Market Cap: $194.86 million
Optionable: Optionable
Beta: 2.48

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Key Executives

Mr. William Gordon Stone III (Age 56)
CEO & Director
Comp: $716.44k
Brian Bartholomew
Senior VP of Capital Markets & Strategy and Investor Relations
Angeline Tucker
Chief People Officer
Eva Sayre
Chief of Staff
Mr. David Wesch (Age 37)
Controller
Comp: $207.2k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

APPS Stock Analysis - 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 year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 target for 2024?: 4 Wall Street analysts have issued 12 month price objectives for Digital Turbine's shares. Their APPS share price targets range from $4.50 to $10.00. On average, they predict the company's share price to reach $7.50 in the next year. This suggests a possible upside of 307.6% 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 2024?: Digital Turbine's stock was trading at $6.86 on January 1st, 2024. Since then, APPS stock has decreased by 73.2% and is now trading at $1.84.
View the best growth stocks for 2024 here.
Are investors shorting Digital Turbine?: Digital Turbine saw a drop in short interest in March. As of March 31st, there was short interest totaling 5,470,000 shares, a drop of 34.4% from the March 15th total of 8,340,000 shares. Based on an average trading volume of 2,700,000 shares, the short-interest ratio is currently 2.0 days. Currently, 6.0% of the company's shares are sold short.
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 Wednesday, May 22nd 2024.
View our APPS earnings forecast.
How were Digital Turbine's earnings last quarter?: Digital Turbine, Inc. (NASDAQ:APPS) announced its earnings results on Wednesday, February, 7th. The software maker reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.03. The software maker had revenue of $142.63 million for the quarter, compared to the consensus estimate of $146.45 million. Digital Turbine had a positive trailing twelve-month return on equity of 4.48% and a negative net margin of 34.53%.

What ETFs hold Digital Turbine's stock?: ETFs with the largest weight of Digital Turbine (NASDAQ:APPS) stock in their portfolio include SmartETFs Advertising & Marketing Technology ETF (MRAD), Jacob Forward ETF (JFWD) and Invesco S&P SmallCap Information Technology ETF (PSCT).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR).
What guidance has Digital Turbine issued on next quarter's earnings?: Digital Turbine updated its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share (EPS) guidance of 0.500-0.540 for the period, compared to the consensus EPS estimate of 0.610. The company issued revenue guidance of $547.0 million-$553.0 million, compared to the consensus revenue estimate of $572.5 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).
Who are Digital Turbine's major shareholders?: Digital Turbine's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.00%) and Allspring Global Investments Holdings LLC (0.02%). Insiders that own company stock include Christine Collins, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:APPS) was last updated on 4/19/2024 by MarketBeat.com Staff

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Digital Turbine (APPS) Stock Price, News & Analysis

Digital Turbine MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Digital Turbine Stock (NASDAQ:APPS)

APPS Stock Price History

APPS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

APPS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™