Digital Turbine (APPS) Stock Forecast, Price Target & Predictions


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APPS Stock Forecast


Digital Turbine stock forecast is as follows: an average price target of $40.00 (represents a 3205.79% upside from APPS’s last price of $1.21) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

APPS Price Target


The average price target for Digital Turbine (APPS) is $40.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $40.00 to $40.00. This represents a potential 3205.79% upside from APPS's last price of $1.21.

APPS Analyst Ratings


Buy

According to 8 Wall Street analysts, Digital Turbine's rating consensus is 'Buy'. The analyst rating breakdown for APPS stock is 0 'Strong Buy' (0.00%), 5 'Buy' (62.50%), 3 'Hold' (37.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Digital Turbine Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 04, 2022Darren AftahiRoth Capital$40.00$20.7293.05%3205.79%
Jun 01, 2022-Oppenheimer$40.00$20.7692.68%3205.79%
Jun 01, 2022-Macquarie$40.00$20.7592.77%3205.79%
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The latest Digital Turbine stock forecast, released on Jun 04, 2022 by Darren Aftahi from Roth Capital, set a price target of $40.00, which represents a 93.05% increase from the stock price at the time of the forecast ($20.72), and a 3205.79% increase from APPS last price ($1.21).

Digital Turbine Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$1.21$1.21$1.21
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Digital Turbine stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Digital Turbine's last price of $1.21. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 11, 2024MacquarieNeutralNeutralHold
May 29, 2024Bank of America SecuritiesNeutralNeutralHold
May 25, 2023Craig-HallumBuyBuyHold
May 25, 2023OppenheimerPerformPerformHold
Feb 01, 2023B. Riley Securities-NeutralDowngrade
Oct 17, 2022Susquehanna-PositiveInitialise
Oct 17, 2022H.C. Wainwright-BuyInitialise
Oct 17, 2022Bank of America Securities-BuyInitialise
Jun 28, 2022B. Riley-BuyInitialise
Jun 11, 2022Craig-HallumBuyBuyHold
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Digital Turbine's last stock rating was published by Macquarie on Oct 11, 2024. The company gave APPS a "Neutral" rating, the same as its previous rate.

Digital Turbine Financial Forecast


Digital Turbine Revenue Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Revenue-------------$142.63M-$146.37M$140.12M$162.31M$174.86M$188.63M$184.13M$375.49M$310.20M$212.62M$95.08M$88.59M$70.89M$59.01M$39.35M$36.02M
Avg Forecast$139.79M$149.51M$139.34M$138.57M$133.50M$140.41M$128.13M$124.16M$116.65M$123.68M$125.85M$115.23M$117.69M$146.21M$146.15M$143.13M$138.65M$185.53M$175.02M$184.84M$301.12M$353.27M$306.53M$194.84M$86.92M$75.86M$60.54M$48.58M$38.44M$37.70M
High Forecast$141.93M$151.79M$141.47M$140.69M$135.53M$142.56M$130.09M$126.05M$119.00M$125.00M$126.03M$116.98M$117.69M$147.31M$147.07M$145.32M$140.77M$188.36M$175.02M$184.84M$301.12M$353.27M$306.53M$194.84M$86.92M$75.86M$60.54M$48.58M$38.44M$37.70M
Low Forecast$138.45M$148.07M$138.00M$137.24M$132.21M$139.06M$126.90M$122.96M$115.35M$122.67M$125.67M$114.12M$117.69M$145.66M$145.19M$141.76M$137.32M$183.74M$175.02M$184.84M$301.12M$353.27M$306.53M$194.84M$86.92M$75.86M$60.54M$48.58M$38.44M$37.70M
# Analysts11111111331113633444433399159916
Surprise %-------------0.98%-1.02%1.01%0.87%1.00%1.02%0.61%1.06%1.01%1.09%1.09%1.17%1.17%1.21%1.02%0.96%

Digital Turbine's average Quarter revenue forecast for Mar 24 based on 1 analysts is $117.69M, with a low forecast of $117.69M, and a high forecast of $117.69M. APPS's average Quarter revenue forecast represents a -17.49% decrease compared to the company's last Quarter revenue of $142.63M (Dec 23).

Digital Turbine EBITDA Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts11111111331113633444433399159916
EBITDA-------------$-9.27M-$14.62M$-9.31M$29.94M$41.44M$44.70M$43.78M$61.18M$55.20M$28.09M$18.79M$27.00M$24.56M$12.17M$2.76M$5.54M
Avg Forecast$16.80M$17.97M$16.75M$16.65M$16.04M$16.88M$15.40M$14.92M$14.02M$14.87M$15.13M$13.85M$69.45M$17.57M$17.57M$17.20M$54.90M$25.60M$24.95M$26.35M$43.40M$50.37M$43.70M$22.31M$12.39M$10.82M$8.63M$7.25M$5.48M$5.38M
High Forecast$17.06M$18.24M$17.00M$16.91M$16.29M$17.13M$15.63M$15.15M$14.30M$15.02M$15.15M$14.06M$83.34M$17.71M$17.68M$17.47M$65.88M$30.72M$24.95M$26.35M$52.08M$50.37M$43.70M$26.77M$12.39M$10.82M$8.63M$8.70M$5.48M$5.38M
Low Forecast$16.64M$17.80M$16.59M$16.49M$15.89M$16.71M$15.25M$14.78M$13.86M$14.74M$15.10M$13.72M$55.56M$17.51M$17.45M$17.04M$43.92M$20.48M$24.95M$26.35M$34.72M$50.37M$43.70M$17.85M$12.39M$10.82M$8.63M$5.80M$5.48M$5.38M
Surprise %--------------0.53%-0.85%-0.17%1.17%1.66%1.70%1.01%1.21%1.26%1.26%1.52%2.50%2.85%1.68%0.50%1.03%

6 analysts predict APPS's average Quarter EBITDA for Sep 23 to be $17.57M, with a high of $17.68M and a low of $17.45M. This is 20.14% upper than Digital Turbine's previous annual EBITDA (Jun 23) of $14.62M.

Digital Turbine Net Income Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts11111111331113633444433399159916
Net Income-------------$-14.06M-$-8.18M$-13.85M$4.02M$11.66M$14.92M$20.10M$7.06M$-5.85M$14.28M$30.06M$14.52M$373.00K$9.94M$13.82M$3.33M
Avg Forecast$11.27M$-8.04M$3.95M$948.39K$11.20M$3.05M$6.65M$3.95M$4.10M$-1.40M$5.79M$3.10M$32.16M$17.74M$14.92M$13.08M$25.43M$6.22M$33.40M$35.68M$20.10M$44.02M$39.93M$12.09M$19.63M$17.92M$11.56M$6.07M$4.44M$5.46M
High Forecast$11.50M$-7.94M$4.03M$967.21K$11.42M$3.11M$6.78M$4.03M$5.12M$-1.39M$6.01M$3.10M$38.60M$18.09M$17.05M$13.34M$30.51M$7.46M$33.40M$35.68M$24.12M$44.02M$39.93M$14.50M$19.63M$17.92M$11.56M$7.29M$4.44M$5.46M
Low Forecast$11.13M$-8.20M$3.90M$936.52K$11.06M$3.01M$6.56M$3.90M$3.07M$-1.43M$5.58M$3.09M$25.73M$16.76M$14.73M$12.92M$20.34M$4.97M$33.40M$35.68M$16.08M$44.02M$39.93M$9.67M$19.63M$17.92M$11.56M$4.86M$4.44M$5.46M
Surprise %--------------0.79%--0.63%-0.54%0.65%0.35%0.42%1.00%0.16%-0.15%1.18%1.53%0.81%0.03%1.64%3.11%0.61%

Digital Turbine's average Quarter net income forecast for Mar 23 is $25.43M, with a range of $20.34M to $30.51M. APPS's average Quarter net income forecast represents a 532.66% increase compared to the company's last Quarter net income of $4.02M (Dec 22).

Digital Turbine SG&A Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts11111111331113633444433399159916
SG&A-------------$59.89M-$56.08M$55.23M$55.60M$52.96M$53.78M$49.85M$55.78M$58.79M$37.03M$16.78M$11.98M$13.37M$11.12M$8.70M$7.13M
Avg Forecast$39.04M$41.76M$38.92M$38.70M$37.28M$39.21M$35.78M$34.67M$32.58M$34.54M$35.15M$32.18M$79.77M$40.83M$40.82M$39.97M$63.06M$49.43M$43.75M$46.20M$49.85M$88.30M$76.62M$31.33M$21.73M$18.96M$15.13M$6.80M$9.61M$9.42M
High Forecast$39.64M$42.39M$39.51M$39.29M$37.85M$39.81M$36.33M$35.20M$33.23M$34.91M$35.20M$32.67M$95.72M$41.14M$41.07M$40.58M$75.67M$59.31M$43.75M$46.20M$59.82M$88.30M$76.62M$37.60M$21.73M$18.96M$15.13M$8.16M$9.61M$9.42M
Low Forecast$38.67M$41.35M$38.54M$38.33M$36.92M$38.84M$35.44M$34.34M$32.22M$34.26M$35.10M$31.87M$63.82M$40.68M$40.55M$39.59M$50.45M$39.54M$43.75M$46.20M$39.88M$88.30M$76.62M$25.07M$21.73M$18.96M$15.13M$5.44M$9.61M$9.42M
Surprise %-------------1.47%-1.40%0.88%1.12%1.21%1.16%1.00%0.63%0.77%1.18%0.77%0.63%0.88%1.64%0.91%0.76%

Digital Turbine's average Quarter SG&A projection for Mar 24 is $79.77M, based on 1 Wall Street analysts, with a range of $63.82M to $95.72M. The forecast indicates a 33.20% rise compared to APPS last annual SG&A of $59.89M (Dec 23).

Digital Turbine EPS Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts11111111331113633444433399159916
EPS-------------$-0.14-$-0.08$-0.14$0.04$0.12$0.15$0.21$0.07$-0.06$0.16$0.34$0.16-$0.11$0.16$0.04
Avg Forecast$0.11$-0.08$0.04$0.01$0.11$0.03$0.06$0.04$0.04$-0.01$0.06$0.03$0.07$0.17$0.14$0.13$0.18$0.37$0.33$0.35$0.39$0.43$0.39$0.32$0.19$0.17$0.11$0.09$0.04$0.05
High Forecast$0.11$-0.08$0.04$0.01$0.11$0.03$0.07$0.04$0.05$-0.01$0.06$0.03$0.07$0.18$0.17$0.13$0.18$0.38$0.33$0.35$0.39$0.43$0.39$0.32$0.19$0.17$0.11$0.09$0.04$0.05
Low Forecast$0.11$-0.08$0.04$0.01$0.11$0.03$0.06$0.04$0.03$-0.01$0.05$0.03$0.07$0.16$0.14$0.13$0.18$0.37$0.33$0.35$0.39$0.43$0.39$0.32$0.19$0.17$0.11$0.09$0.04$0.05
Surprise %--------------0.81%--0.65%-0.79%0.11%0.37%0.43%0.54%0.17%-0.15%0.50%1.77%0.91%0.04%1.24%3.69%0.75%

According to 3 Wall Street analysts, Digital Turbine's projected average Quarter EPS for Mar 23 is $0.18, with a low estimate of $0.18 and a high estimate of $0.18. This represents a 344.43% increase compared to APPS previous annual EPS of $0.04 (Dec 22).

Digital Turbine Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
APPSDigital Turbine$1.21$40.003205.79%Buy
AIC3.ai$32.96$70.50113.90%Buy
SNOWSnowflake$130.24$204.8857.31%Buy
ZMZoom Video Communications$77.75$111.9443.97%Hold
INTUIntuit$644.17$715.0911.01%Buy
WDAYWorkday$259.90$271.364.41%Buy
ADSKAutodesk$305.20$290.28-4.89%Buy
SHOPShopify$104.59$91.91-12.12%Buy
CRMSalesforce$323.43$275.26-14.89%Buy
NOWServiceNow$1.02K$831.13-18.68%Buy

APPS Forecast FAQ


Is Digital Turbine a good buy?

Yes, according to 8 Wall Street analysts, Digital Turbine (APPS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 62.50% of APPS's total ratings.

What is APPS's price target?

Digital Turbine (APPS) average price target is $40 with a range of $40 to $40, implying a 3205.79% from its last price of $1.21. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Digital Turbine stock go up soon?

According to Wall Street analysts' prediction for APPS stock, the company can go up by 3205.79% (from the last price of $1.21 to the average price target of $40), up by 3205.79% based on the highest stock price target, and up by 3205.79% based on the lowest stock price target.

Can Digital Turbine stock reach $2?

APPS's average twelve months analyst stock price target of $40 supports the claim that Digital Turbine can reach $2 in the near future.

What are Digital Turbine's analysts' financial forecasts?

Digital Turbine's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $526.2M (high $534.23M, low $521.13M), average EBITDA is $63.24M (high $64.21M, low $62.63M), average net income is $24.84M (high $25.34M, low $24.53M), average SG&A $146.96M (high $149.2M, low $145.54M), and average EPS is $0.241 (high $0.246, low $0.238). APPS's analysts financial forecasts for the fiscal year (Mar 2027) are as follows: average revenue is $567.22M (high $575.88M, low $561.76M), average EBITDA is $68.17M (high $69.21M, low $67.52M), average net income is $8.13M (high $8.55M, low $7.77M), average SG&A $158.41M (high $160.83M, low $156.89M), and average EPS is $0.0789 (high $0.083, low $0.0754).

Did the APPS's actual financial results beat the analysts' financial forecasts?

Based on Digital Turbine's last annual report (Mar 2023), the company's revenue was $665.92M, which missed the average analysts forecast of $684.04M by -2.65%. Apple's EBITDA was $67.32M, missing the average prediction of $131.81M by -48.93%. The company's net income was $16.67M, missing the average estimation of $100.72M by -83.45%. Apple's SG&A was $217.58M, beating the average forecast of $202.44M by 7.48%. Lastly, the company's EPS was $0.17, missing the average prediction of $1.22 by -86.10%. In terms of the last quarterly report (Dec 2023), Digital Turbine's revenue was $142.63M, missing the average analysts' forecast of $146.21M by -2.44%. The company's EBITDA was $-9.267M, missing the average prediction of $17.57M by -152.74%. Digital Turbine's net income was $-14.061M, missing the average estimation of $17.74M by -179.25%. The company's SG&A was $59.89M, beating the average forecast of $40.83M by 46.66%. Lastly, the company's EPS was $-0.14, missing the average prediction of $0.172 by -181.31%