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 1308.45% upside from APPS’s last price of $2.84) 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 1308.45% upside from APPS's last price of $2.84.
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%), 6 'Buy' (75.00%), 2 'Hold' (25.00%), 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% | 1308.45% |
| Jun 01, 2022 | - | Oppenheimer | $40.00 | $20.76 | 92.68% | 1308.45% |
| Jun 01, 2022 | - | Macquarie | $40.00 | $20.75 | 92.77% | 1308.45% |
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 1308.45% increase from APPS last price ($2.84).
Digital Turbine Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $2.84 | $2.84 | $2.84 |
| 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 $2.84. 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 |
|---|---|---|---|---|
| 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 |
Digital Turbine's last stock rating was published by Bank of America Securities on May 29, 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 | Jul 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 | - | $184.13M | $375.49M | $310.20M | $212.62M | $95.08M | $88.59M | $70.89M | $59.01M | $39.35M | $36.02M |
| Avg Forecast | $180.81M | $201.59M | $161.56M | $152.06M | $152.07M | $166.37M | $146.06M | $136.96M | $147.66M | $154.82M | $126.21M | $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 | $181.74M | $202.63M | $162.39M | $152.85M | $152.86M | $167.23M | $146.81M | $137.67M | $148.42M | $155.62M | $126.86M | $115.82M | $118.30M | $147.31M | $147.07M | $143.87M | $139.37M | $186.48M | $175.92M | $184.84M | $304.82M | $357.60M | $310.30M | $197.23M | $87.99M | $76.79M | $61.28M | $49.18M | $38.91M | $38.16M |
| Low Forecast | $179.66M | $200.31M | $160.53M | $151.09M | $151.11M | $165.31M | $145.13M | $136.09M | $146.72M | $153.83M | $125.41M | $114.49M | $116.94M | $145.66M | $145.19M | $142.22M | $137.77M | $184.35M | $173.90M | $184.84M | $294.58M | $345.59M | $299.87M | $190.61M | $85.03M | $74.21M | $59.22M | $47.53M | $37.61M | $36.88M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 9 | 10 | 16 | 9 | 10 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | - | 1.02% | 1.01% | 0.87% | 1.00% | - | 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 $116.94M, and a high forecast of $118.30M. 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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 9 | 10 | 16 | 9 | 10 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-9.27M | - | $14.62M | $-9.31M | $29.94M | $41.44M | - | $43.78M | $61.18M | $55.20M | $28.09M | $18.79M | $27.00M | $24.56M | $12.17M | $2.76M | $5.54M |
| Avg Forecast | $25.78M | $28.74M | $23.03M | $21.68M | $21.68M | $23.72M | $20.82M | $19.53M | $21.05M | $22.07M | $17.99M | $16.43M | $69.45M | $20.85M | $20.84M | $20.41M | $54.90M | $26.45M | $5.94M | $26.35M | $43.40M | $23.27M | $6.35M | $22.31M | $11.53M | $14.50M | $1.73M | $7.25M | $5.10M | $3.91M |
| High Forecast | $25.91M | $28.89M | $23.15M | $21.79M | $21.79M | $23.84M | $20.93M | $19.63M | $21.16M | $22.19M | $18.09M | $16.51M | $83.34M | $21.00M | $20.97M | $20.51M | $65.88M | $26.59M | $7.12M | $26.35M | $52.08M | $27.93M | $7.62M | $26.77M | $11.67M | $17.40M | $2.08M | $8.70M | $5.16M | $4.69M |
| Low Forecast | $25.62M | $28.56M | $22.89M | $21.54M | $21.54M | $23.57M | $20.69M | $19.40M | $20.92M | $21.93M | $17.88M | $16.32M | $55.56M | $20.77M | $20.70M | $20.28M | $43.92M | $26.28M | $4.75M | $26.35M | $34.72M | $18.62M | $5.08M | $17.85M | $11.28M | $11.60M | $1.39M | $5.80M | $4.99M | $3.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.44% | - | 0.72% | -0.17% | 1.13% | 6.98% | - | 1.01% | 2.63% | 8.69% | 1.26% | 1.63% | 1.86% | 14.17% | 1.68% | 0.54% | 1.42% |
6 analysts predict APPS's average Quarter EBITDA for Sep 23 to be $20.84M, with a high of $20.97M and a low of $20.70M. This is 42.52% 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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 9 | 10 | 16 | 9 | 10 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-14.06M | - | $-8.18M | $-13.85M | $4.02M | $11.66M | - | $20.10M | $7.06M | $-5.85M | $14.28M | $30.06M | $14.52M | $373.00K | $9.94M | $13.82M | $3.33M |
| Avg Forecast | $26.22M | $17.03M | $10.07M | $16.14M | $17.91M | $15.59M | $11.87M | $13.55M | $14.60M | $12.81M | $5.34M | $3.08M | $32.16M | $17.63M | $14.82M | $13.00M | $25.43M | $37.93M | $-4.27M | $35.53M | $20.10M | $5.65M | $-4.57M | $12.09M | $19.43M | $12.10M | $237.36K | $6.07M | $4.39M | $3.33M |
| High Forecast | $26.39M | $17.14M | $10.14M | $16.25M | $18.03M | $15.69M | $11.95M | $13.65M | $14.70M | $12.89M | $5.38M | $3.10M | $38.60M | $17.75M | $16.94M | $13.09M | $30.51M | $38.18M | $-3.42M | $35.53M | $24.12M | $6.78M | $-3.66M | $14.50M | $19.74M | $14.51M | $284.84K | $7.29M | $4.46M | $3.99M |
| Low Forecast | $26.00M | $16.89M | $9.99M | $16.00M | $17.77M | $15.46M | $11.77M | $13.44M | $14.48M | $12.70M | $5.30M | $3.05M | $25.73M | $16.65M | $14.70M | $12.89M | $20.34M | $37.62M | $-5.13M | $35.53M | $16.08M | $4.52M | $-5.49M | $9.67M | $18.88M | $9.68M | $189.89K | $4.86M | $4.27M | $2.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.80% | - | -0.63% | -0.54% | 0.11% | -2.73% | - | 1.00% | 1.25% | 1.28% | 1.18% | 1.55% | 1.20% | 1.57% | 1.64% | 3.15% | 1.00% |
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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 9 | 10 | 16 | 9 | 10 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $59.89M | - | $56.08M | $55.23M | $55.60M | $52.96M | - | $49.85M | $55.78M | $58.79M | $37.03M | $16.78M | $11.98M | $13.37M | $11.12M | $8.70M | $7.13M |
| Avg Forecast | $45.20M | $50.39M | $40.38M | $38.01M | $38.01M | $41.59M | $36.51M | $34.24M | $36.91M | $38.70M | $31.55M | $28.80M | $79.77M | $36.55M | $36.53M | $35.78M | $63.06M | $46.37M | $42.94M | $46.20M | $49.85M | $44.93M | $45.93M | $31.33M | $20.42M | $9.98M | $8.51M | $6.80M | $9.03M | $7.13M |
| High Forecast | $45.43M | $50.65M | $40.59M | $38.21M | $38.21M | $41.80M | $36.70M | $34.41M | $37.10M | $38.90M | $31.71M | $28.95M | $95.72M | $36.82M | $36.76M | $35.96M | $75.67M | $46.61M | $51.53M | $46.20M | $59.82M | $53.92M | $55.11M | $37.60M | $20.67M | $11.98M | $10.21M | $8.16M | $9.14M | $8.55M |
| Low Forecast | $44.91M | $50.07M | $40.13M | $37.77M | $37.77M | $41.32M | $36.28M | $34.02M | $36.67M | $38.45M | $31.35M | $28.62M | $63.82M | $36.41M | $36.29M | $35.55M | $50.45M | $46.08M | $34.35M | $46.20M | $39.88M | $35.95M | $36.74M | $25.07M | $19.97M | $7.99M | $6.80M | $5.44M | $8.83M | $5.70M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.64% | - | 1.57% | 0.88% | 1.20% | 1.23% | - | 1.00% | 1.24% | 1.28% | 1.18% | 0.82% | 1.20% | 1.57% | 1.64% | 0.96% | 1.00% |
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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 9 | 10 | 16 | 9 | 10 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.14 | - | $-0.08 | $-0.14 | $0.04 | $0.12 | - | $0.21 | $0.07 | $-0.06 | $0.16 | $0.34 | $0.16 | - | $0.11 | $0.16 | $0.04 |
| Avg Forecast | $0.26 | $0.17 | $0.10 | $0.16 | $0.17 | $0.15 | $0.12 | $0.13 | $0.14 | $0.13 | $0.05 | $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 | $0.26 | $0.17 | $0.10 | $0.16 | $0.18 | $0.15 | $0.12 | $0.13 | $0.14 | $0.13 | $0.05 | $0.03 | $0.07 | $0.17 | $0.17 | $0.13 | $0.18 | $0.37 | $0.33 | $0.35 | $0.40 | $0.44 | $0.40 | $0.32 | $0.19 | $0.18 | $0.11 | $0.09 | $0.04 | $0.05 |
| Low Forecast | $0.25 | $0.16 | $0.10 | $0.16 | $0.17 | $0.15 | $0.11 | $0.13 | $0.14 | $0.12 | $0.05 | $0.03 | $0.07 | $0.16 | $0.14 | $0.13 | $0.18 | $0.37 | $0.32 | $0.35 | $0.38 | $0.42 | $0.38 | $0.31 | $0.19 | $0.17 | $0.11 | $0.09 | $0.04 | $0.05 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.81% | - | -0.65% | -0.79% | 0.11% | 0.37% | - | 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 | $2.84 | $40.00 | 1308.45% | Buy |
| AI | C3.ai | $21.30 | $70.50 | 230.99% | Buy |
| SNOW | Snowflake | $108.56 | $206.83 | 90.52% | Buy |
| ZM | Zoom Video Communications | $67.18 | $111.77 | 66.37% | Hold |
| SHOP | Shopify | $67.01 | $85.72 | 27.92% | Buy |
| ADSK | Autodesk | $250.37 | $282.68 | 12.90% | Buy |
| INTU | Intuit | $615.12 | $689.00 | 12.01% | Buy |
| CRM | Salesforce | $243.97 | $257.51 | 5.55% | Buy |
| WDAY | Workday | $254.60 | $264.63 | 3.94% | Buy |
| NOW | ServiceNow | $825.04 | $728.75 | -11.67% | 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 6 'Buy' recommendations, accounting for 75.00% 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 1308.45% from its last price of $2.84. 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 1308.45% (from the last price of $2.84 to the average price target of $40), up by 1308.45% based on the highest stock price target, and up by 1308.45% based on the lowest stock price target.
Can Digital Turbine stock reach $4?
APPS's average twelve months analyst stock price target of $40 supports the claim that Digital Turbine can reach $4 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 $601.47M (high $604.57M, low $597.64M), average EBITDA is $85.75M (high $86.2M, low $85.21M), average net income is $58.93M (high $59.32M, low $58.44M), average SG&A $150.34M (high $151.12M, low $149.39M), and average EPS is $0.576 (high $0.579, low $0.571). APPS's analysts financial forecasts for the fiscal year (Mar 2027) are as follows: average revenue is $696.02M (high $699.61M, low $691.59M), average EBITDA is $99.23M (high $99.75M, low $98.6M), average net income is $69.45M (high $69.92M, low $68.88M), average SG&A $173.98M (high $174.88M, low $172.87M), and average EPS is $0.678 (high $0.683, low $0.673).
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 $113.64M by -40.76%. The company's net income was $16.67M, missing the average estimation of $94.61M by -82.38%. Apple's SG&A was $217.58M, beating the average forecast of $198.58M by 9.57%. 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 $20.85M by -144.46%. Digital Turbine's net income was $-14.061M, missing the average estimation of $17.63M by -179.75%. The company's SG&A was $59.89M, beating the average forecast of $36.55M by 63.87%. Lastly, the company's EPS was $-0.14, missing the average prediction of $0.172 by -181.31%