Craig Hallum Weighs in on Digital Turbine Q1 Earnings

Digital Turbine, Inc. (NASDAQ:APPS) – Research analysts at Craig Hallum issued their Q1 2027 earnings estimates for Digital Turbine in a report released on Tuesday, July 28th. Craig Hallum analyst A. Stoss forecasts that the software maker will earn $0.10 per share for the quarter. The consensus estimate for Digital Turbine’s current full-year earnings is $0.68 per share.

APPS has been the subject of several other reports. Roth Capital started coverage on Digital Turbine in a research note on Tuesday, July 21st. They set a “buy” rating and a $11.50 price objective for the company. Benchmark initiated coverage on shares of Digital Turbine in a research note on Tuesday, July 21st. They issued a “buy” rating and a $15.00 target price on the stock. Zacks Research downgraded Digital Turbine from a “strong-buy” rating to a “hold” rating in a research report on Monday. Weiss Ratings cut shares of Digital Turbine from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, June 5th. Finally, Wall Street Zen upgraded shares of Digital Turbine from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $11.00.

Digital Turbine Stock Performance

APPS opened at $8.12 on Thursday. The company has a market cap of $982.00 million, a price-to-earnings ratio of -22.55, a PEG ratio of 0.66 and a beta of 2.75. The firm’s fifty day simple moving average is $9.28 and its two-hundred day simple moving average is $5.86. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.84. Digital Turbine has a 52-week low of $2.74 and a 52-week high of $13.60.

Digital Turbine (NASDAQ:APPS) last announced its quarterly earnings results on Tuesday, May 26th. The software maker reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.07. The firm had revenue of $142.55 million during the quarter, compared to analyst estimates of $133.22 million. Digital Turbine had a positive return on equity of 27.60% and a negative net margin of 6.68%.

Hedge Funds Weigh In On Digital Turbine

A number of institutional investors and hedge funds have recently added to or reduced their stakes in APPS. AIGH Capital Management LLC acquired a new stake in shares of Digital Turbine in the 1st quarter valued at about $14,100,000. Granahan Investment Management LLC increased its position in Digital Turbine by 12.0% during the first quarter. Granahan Investment Management LLC now owns 7,112,351 shares of the software maker’s stock worth $20,484,000 after buying an additional 762,888 shares during the period. Globeflex Capital L P acquired a new position in Digital Turbine during the first quarter worth approximately $1,227,000. GC Wealth Management RIA LLC lifted its stake in Digital Turbine by 41.9% in the first quarter. GC Wealth Management RIA LLC now owns 576,273 shares of the software maker’s stock valued at $1,660,000 after buying an additional 170,134 shares during the last quarter. Finally, UBS Group AG lifted its stake in Digital Turbine by 444.0% in the fourth quarter. UBS Group AG now owns 779,585 shares of the software maker’s stock valued at $3,898,000 after buying an additional 636,267 shares during the last quarter. 63.66% of the stock is owned by institutional investors and hedge funds.

Digital Turbine Company Profile

Digital Turbine, Inc (NASDAQ: APPS) is a mobile technology company that streamlines content delivery and app advertising across connected devices. Its platform enables carriers, OEMs, app developers and advertisers to engage users through personalized app recommendations, in-app promotions and turnkey monetization solutions. By integrating software directly on smartphones and tablets, Digital Turbine simplifies the user journey from discovery to installation without requiring additional downloads or redirects through traditional app stores.

The company’s flagship Ignite Platform offers end-to-end campaign management, combining demand-side advertising, real-time analytics and automated content fulfillment.