Digital TurbineAPPS
APPS
About: Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Solutions and App Growth Platform.
Employees: 754
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
578% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $1.53M
150% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 10
90% more capital invested
Capital invested by funds: $88.1M [Q2] → $168M (+$79.5M) [Q3]
9% more funds holding
Funds holding: 152 [Q2] → 166 (+14) [Q3]
1.44% more ownership
Funds ownership: 51.77% [Q2] → 53.2% (+1.44%) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 56
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$1
50%
downside
Avg. target
$2.33
17%
upside
High target
$4
100%
upside
3 analyst ratings
1 positive
33%
1 neutral
33%
1 negative
33%
B of A Securities Omar Dessouky 70% 1-year accuracy 7 / 10 met price target | 50%downside $1 | Underperform Downgraded | 15 Nov 2024 |
Macquarie Tim Nollen 63% 1-year accuracy 26 / 41 met price target | 0%upside $2 | Neutral Maintained | 7 Nov 2024 |
Craig-Hallum Anthony Stoss 46% 1-year accuracy 16 / 35 met price target | 100%upside $4 | Buy Maintained | 7 Nov 2024 |
Financial journalist opinion
Positive
Seeking Alpha
1 week ago
Reorganization And Beautiful FCF Growth Make Digital Turbine A Buy.
Digital Turbine, Inc. is undergoing a significant reorganization, exiting legacy platforms to focus on more profitable business lines, promising future free cash flow growth. The company's tools, such as SingleTap and Application Media, enhance app installs and monetization, making it attractive to OEMs and investors. Despite recent revenue declines due to strategic exits, APPS shows strong free cash flow growth and trades at attractive valuation multiples, making it a buy.
Neutral
Zacks Investment Research
1 month ago
APPS Shares Fall 78% Year to Date: How Should You Play the Stock?
Digital Turbine is benefiting from innovative products and global regulatory tailwinds but faces challenges from legacy business declines.
Negative
Seeking Alpha
2 months ago
Digital Turbine: The Balance Sheet Risk Is Too High For Me
Declining revenues, negative margins and shareholder dilution undermine confidence in a turnaround. The company's balance sheet remains weak with high debt and negative cash flow, making it also difficult to see a turnaround happening soon. Despite a low PS multiple, the current financial risks and operational challenges do not justify a higher valuation in my opinion.
Neutral
Seeking Alpha
2 months ago
Digital Turbine, Inc. (APPS) Q2 2025 Earnings Call Transcript
Digital Turbine, Inc. (APPS) Q2 2025 Earnings Call Transcript
Neutral
PRNewsWire
2 months ago
Digital Turbine Reports Fiscal 2025 Second Quarter Financial Results
Second Quarter Revenue Totaled $118.7 Million Second Quarter GAAP Net Loss of $25.0 Million, or GAAP EPS of ($0.24); Second Quarter Non-GAAP Adjusted Net Income1 of $5.0 Million and Non-GAAP Adjusted EPS1 of $0.05 Second Quarter Non-GAAP Adjusted EBITDA2 Totaled $15.3 Million AUSTIN, Texas , Nov. 6, 2024 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal second quarter ended September 30, 2024. Recent Financial Highlights: Fiscal second quarter of 2025 revenue totaled $118.7 million, representing an increase of 1% quarter-over-quarter as compared to the fiscal first quarter of 2025, and a decline of 17% year-over-year as compared to the fiscal second quarter of 2024.
Neutral
PRNewsWire
2 months ago
Digital Turbine and ONE Store Expand Partnership to Globalize Alternative App Growth
Digital Turbine Will Bring a Suite of Android and iOS App Growth Solutions, Including ONE Store's Market Leading Alternative App Marketplace, to North America, the EU, and LATAM AUSTIN, Texas and SEOUL, South Korea , Oct. 30, 2024 /PRNewswire/ -- Digital Turbine , the global leader in growth solutions for the mobile ecosystem, and ONE Store , the leading alternative app marketplace in South Korea, today announce that Digital Turbine is acquiring ONE Store International, a subsidiary of ONE Store focused on global expansion. DT and ONE Store are partnering to create a fairer app ecosystem and expand alternative app growth globally This acquisition marks the next phase in the strategic partnership between the two companies, aimed at empowering app developers to grow their business globally beyond the incumbent app stores.
Neutral
PRNewsWire
2 months ago
Digital Turbine to Host Fiscal 2025 Second Quarter Financial Results Conference Call on November 6, 2024, at 6:00pm ET
AUSTIN, Texas , Oct. 25, 2024 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fiscal 2025 second quarter financial results and operating progress on Wednesday, November 6 th, at 6:00pm ET/1:30pm PT. The call, hosted by Digital Turbine's Chief Executive Officer Bill Stone and Chief Financial Officer Barrett Garrison, can be accessed via webcast link: https://app.webinar.net/pvYVXg0ZeQo.
Positive
Zacks Investment Research
3 months ago
Fast-paced Momentum Stock Digital Turbine (APPS) Is Still Trading at a Bargain
Digital Turbine (APPS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Positive
Seeking Alpha
5 months ago
Digital Turbine: Still Cheap If The Turnaround Is Genuine
Digital Turbine's business returned to sequential growth in the first quarter, which could be a sign of stabilization. Market conditions remain challenging, particularly due to soft US device sales. Increased revenue per device and growth in devices internationally are helping to offset this. While Digital Turbine's costs remain elevated, due in large part to restructuring efforts, profitability is expected to improve through the year.
Positive
Seeking Alpha
5 months ago
Digital Turbine: Taking Off, A Lot Of Upside Remains
Digital Turbine stock had a significant round trip from $1.25 to $100 in 2021, then back to $1.50, now rallying 70% recently. The company's core business involves app placement on phones, facilitating advertisers' bids for prime real estate, generating revenue for telcos and itself. Digital Turbine's recent focus on private app stores, amidst pushback against major app stores, positions it for growth potential.
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