Roth Capital analyst Darren Aftahi maintained a Buy rating on Digital Turbine (APPS – Research Report) today and set a price target of $83.00. The company’s shares closed last Thursday at $40.73, close to its 52-week low of $30.61.
According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 25.6% and a 41.2% success rate. Aftahi covers the Technology sector, focusing on stocks such as Argo Blockchain, Fathom Holdings, and Phunware.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Digital Turbine with a $94.50 average price target.
Digital Turbine’s market cap is currently $3.95B and has a P/E ratio of 88.62.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of APPS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Digital Turbine, Inc. engages in the innovation of media and mobile communications which helps 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 Advertising segment, which is comprised of Operator and OEM (O&O) business. The O&O is an advertiser solution for unique and exclusive carrier and OEM inventory. The company was founded on November 6, 1998 and is headquartered in Austin, TX.
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