Digital Turbine (APPS) Stock Forecast, Price Target & Predictions
APPS Stock Forecast
Digital Turbine stock forecast is as follows: an average price target of $40.00 (represents a 2225.58% upside from APPS’s last price of $1.72) 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 2225.58% upside from APPS's last price of $1.72.
APPS Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 04, 2022 | Darren Aftahi | Roth Capital | $40.00 | $20.72 | 93.05% | 2225.58% |
| Jun 01, 2022 | Oppenheimer | $40.00 | $20.76 | 92.68% | 2225.58% | |
| Jun 01, 2022 | Macquarie | $40.00 | $20.75 | 92.77% | 2225.58% |
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 2225.58% increase from APPS last price ($1.72).
Digital Turbine Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $1.72 | $1.72 | $1.72 |
| 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 $1.72. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 11, 2024 | Macquarie | Neutral | Neutral | Hold |
| May 29, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| May 25, 2023 | Craig-Hallum | Buy | Buy | Hold |
| May 25, 2023 | Oppenheimer | Perform | Perform | Hold |
| Feb 01, 2023 | B. Riley Securities | Neutral | Downgrade | |
| Oct 17, 2022 | Susquehanna | Positive | Initialise | |
| Oct 17, 2022 | H.C. Wainwright | Buy | Initialise | |
| Oct 17, 2022 | Bank of America Securities | Buy | Initialise | |
| Jun 28, 2022 | B. Riley | Buy | Initialise | |
| Jun 11, 2022 | Craig-Hallum | Buy | Buy | Hold |
| Jun 04, 2022 | Roth Capital | Buy | Buy | Hold |
| Jun 01, 2022 | Oppenheimer | Outperform | Outperform | Hold |
| Jun 01, 2022 | Macquarie | Outperform | Outperform | Hold |
| Feb 06, 2021 | Oppenheimer | Outperform | Outperform | Hold |
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 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 9 | 9 | 15 | 9 | 9 | 16 |
| 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 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 9 | 9 | 15 | 9 | 9 | 16 |
| 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 | $17.24M | $18.44M | $17.18M | $17.09M | $16.46M | $17.31M | $15.80M | $15.31M | $14.38M | $15.25M | $15.52M | $14.21M | $69.45M | $18.03M | $18.02M | $17.65M | $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 | $17.50M | $18.72M | $17.45M | $17.35M | $16.71M | $17.58M | $16.04M | $15.54M | $14.67M | $15.41M | $15.54M | $14.43M | $83.34M | $18.17M | $18.14M | $17.92M | $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 | $17.07M | $18.26M | $17.02M | $16.92M | $16.30M | $17.15M | $15.65M | $15.16M | $14.22M | $15.13M | $15.50M | $14.07M | $55.56M | $17.96M | $17.90M | $17.48M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.51% | - | 0.83% | -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 $18.02M, with a high of $18.14M and a low of $17.90M. This is 23.27% upper than Digital Turbine's previous annual EBITDA (Jun 23) of $14.62M.
Digital Turbine Net Income Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 9 | 9 | 15 | 9 | 9 | 16 |
| 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 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 9 | 9 | 15 | 9 | 9 | 16 |
| 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 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 9 | 9 | 15 | 9 | 9 | 16 |
| 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| APPS | Digital Turbine | $1.46 | $40.00 | 2639.73% | Buy |
| INTU | Intuit | $677.77 | $744.00 | 9.77% | Buy |
| WDAY | Workday | $278.01 | $289.50 | 4.13% | Buy |
| ADSK | Autodesk | $302.82 | $309.31 | 2.14% | Buy |
| CRM | Salesforce | $350.97 | $338.33 | -3.60% | Buy |
| SNOW | Snowflake | $170.81 | $164.58 | -3.65% | Buy |
| NOW | ServiceNow | $1.11K | $973.56 | -12.66% | Buy |
| ZM | Zoom Video Communications | $84.60 | $72.20 | -14.66% | Hold |
| SHOP | Shopify | $119.49 | $98.43 | -17.62% | Buy |
| AI | C3.ai | $42.86 | $29.50 | -31.17% | Buy |