Digital Turbine (APPS)
NASDAQ:APPS

Digital Turbine (APPS) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

APPS Analyst Ratings

Strong Buy
5Ratings
5 Buy
0 Hold
0 Sell
Based on 5 analysts giving stock ratings to
Digital
Turbine
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

APPS Stock 12 Months Forecast

Average Price Target

$24.20
▲(47.83% Upside)
Based on 5 Wall Street analysts offering 12 month price targets for Digital Turbine in the last 3 months. The average price target is $24.20 with a high forecast of $30.00 and a low forecast of $19.00. The average price target represents a 47.83% change from the last price of $16.37.
Highest Price Target$30.00Average Price Target$24.20Lowest Price Target$19.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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Macquarie
$40.00
Buy
144.35%
Upside
Reiterated
Digital Turbine (APPS) price target lowered to $40 from $70 at MacquarieMacquarie analyst Tim Nollen lowered the firms price target on Digital Turbine (APPS) to $40 from $70 and keeps an Outperform rating on the shares after the company reported fiscal Q4 net revenue growth and adjusted EBITDA below his forecast. He now models revenue growth slowing into the mid-teens percentage range for FY23. However, Nollen noted that management said investor worries about any announcements to come from Apple (AAPL) at its developer conference next week should have minimal impact as they said iOS related revenue is only 20% and only 5% is tied to IDFA.
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APPS Financial Forecast

APPS Earnings Forecast
Next quarter’s earnings estimate for APPS is $0.37 with a range of $0.36 to $0.38. The previous quarter’s EPS was $0.34. APPS beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.79% of the time in the same period. In the last calendar year APPS has Outperformed its overall industry.
Next quarter’s earnings estimate for APPS is $0.37 with a range of $0.36 to $0.38. The previous quarter’s EPS was $0.34. APPS beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.79% of the time in the same period. In the last calendar year APPS has Outperformed its overall industry.
APPS Sales Forecast
Next quarter’s sales forecast for APPS is $186.17M with a range of $184.32M to $188.00M. The previous quarter’s sales results were $174.86M. APPS beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 67.08% of the time in the same period. In the last calendar year APPS has Underperformed its overall industry.
Next quarter’s sales forecast for APPS is $186.17M with a range of $184.32M to $188.00M. The previous quarter’s sales results were $174.86M. APPS beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 67.08% of the time in the same period. In the last calendar year APPS has Underperformed its overall industry.
APPS Analyst Recommendation Trends
In the current month, APPS has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The APPS average analyst price target in the past 3 months is $24.20
In the current month, APPS has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The APPS average analyst price target in the past 3 months is $24.20

APPS Stock Forecast FAQ

What is APPS’s average 12-month price target, according to analysts?
Based on analyst ratings, Digital Turbine’s 12-month average price target is $24.20.
    What is APPS’s upside potential, based on the analysts’ average price target?
    Digital Turbine has 47.83% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is APPS a Buy, Sell or Hold?
          Digital Turbine has a conensus rating of Strong Buy which is based on 5 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Digital Turbine’s price target?
            The average price target for Digital Turbine is $24.20. This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $30.00 ,the lowest forecast is $19.00. The average price target represents 47.83% Increase from the current price of $16.37.
              What do analysts say about Digital Turbine?
              Digital Turbine’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 5 Wall Streets Analysts.

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