Digital Turbine (NASDAQ:APPS) Price Target Raised to $16.00

Digital Turbine (NASDAQ:APPS) had its price target raised by Benchmark from $15.00 to $16.00 in a research report sent to investors on Wednesday,Benzinga reports. Benchmark currently has a buy rating on the software maker’s stock.

Other analysts have also issued research reports about the company. Weiss Ratings lowered Digital Turbine from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, June 5th. Wall Street Zen upgraded Digital Turbine from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. Bank of America raised Digital Turbine from a “neutral” rating to a “buy” rating and set a $7.50 target price for the company in a research note on Wednesday, May 27th. Craig Hallum restated a “buy” rating and set a $18.00 price target on shares of Digital Turbine in a report on Wednesday. Finally, Zacks Research lowered Digital Turbine from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $14.75.

Digital Turbine Stock Up 0.5%

Shares of NASDAQ:APPS opened at $14.34 on Wednesday. The firm has a market capitalization of $1.74 billion, a PE ratio of -55.15, a price-to-earnings-growth ratio of 0.53 and a beta of 2.81. Digital Turbine has a 1 year low of $2.74 and a 1 year high of $15.34. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.20 and a quick ratio of 1.16. The firm’s 50-day moving average is $9.96 and its two-hundred day moving average is $6.14.

Digital Turbine (NASDAQ:APPS) last posted its quarterly earnings data on Tuesday, August 4th. The software maker reported $0.19 EPS for the quarter, beating the consensus estimate of $0.14 by $0.05. Digital Turbine had a negative net margin of 4.46% and a positive return on equity of 38.34%. The business had revenue of $165.98 million during the quarter, compared to analyst estimates of $149.98 million. Analysts predict that Digital Turbine will post 0.86 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of APPS. Essential Partners LLC boosted its stake in Digital Turbine by 167.3% in the first quarter. Essential Partners LLC now owns 9,031 shares of the software maker’s stock valued at $26,000 after acquiring an additional 5,652 shares in the last quarter. Quarry LP increased its position in shares of Digital Turbine by 1,323.4% during the fourth quarter. Quarry LP now owns 5,594 shares of the software maker’s stock worth $28,000 after purchasing an additional 5,201 shares in the last quarter. Verus Capital Partners LLC acquired a new stake in shares of Digital Turbine during the first quarter worth about $35,000. Strs Ohio purchased a new stake in shares of Digital Turbine in the 1st quarter valued at about $41,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of Digital Turbine in the 4th quarter valued at about $44,000. Institutional investors and hedge funds own 63.66% of the company’s stock.

Key Headlines Impacting Digital Turbine

Here are the key news stories impacting Digital Turbine this week:

• Positive Sentiment: Improved quarterly performance: Digital Turbine reported revenue of $165.98 million, up 27% year over year and above the roughly $150 million analyst consensus. Its net loss narrowed to $3.16 million from $14.10 million, while the loss per share improved to $0.03 from $0.13. Why Digital Turbine Is Up After Raising Its Revenue Outlook
• Positive Sentiment: Higher fiscal 2027 guidance: Management raised its revenue outlook to $650 million-$670 million, signaling confidence that its mobile advertising recovery and operating improvements can continue. Digital Turbine’s AI Platform Boosts Advertiser Returns and Growth
• Positive Sentiment: AI platform momentum: Digital Turbine’s AI-driven advertising platform is reportedly improving advertiser returns and publisher monetization, supporting expectations for stronger growth. Digital Turbine’s AI Platform Boosts Advertiser Returns and Growth
• Positive Sentiment: Analyst and trading interest: Benchmark raised its price target to $16, while unusually high call-option activity suggests increased bullish speculation. Benchmark Raises Digital Turbine Price Target
• Neutral Sentiment: Strong relative performance: Coverage notes that APPS has outpaced portions of the computer and technology sector this year. The stock is now near its 52-week high, prompting investors to assess whether fundamentals support additional gains. Digital Turbine Hits a 52-Week High
• Negative Sentiment: Valuation and execution risks remain: Despite narrowing losses, Digital Turbine remains unprofitable on a trailing basis. The stock’s sharp rally, high beta and proximity to its 52-week high could increase volatility if growth or guidance falls short.

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.