Is Digital Turbine a good stock?
Digital Turbine has 199.21% upside potential, based on the analysts' average price target. Is APPS a Buy, Sell or Hold? Digital Turbine has a conensus rating of Hold which is based on 1 buy ratings, 5 hold ratings and 0 sell ratings.
Is Digital Turbine a good stock to buy now?
The Wall Street analyst predicted that Digital Turbine's share price could reach $4.50 by Feb 8, 2025. The average Digital Turbine stock price prediction forecasts a potential upside of 140.64% from the current APPS share price of $1.87.
Is Digital Turbine undervalued?
Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). Undervalued with moderate growth potential.
What is the Digital Turbine stock forecast for 2030?
Digital Turbine stock prediction for 1 year from now: $ 13.79 (637.43%) Digital Turbine stock forecast for 2025: $ 3.33 (82.22%) Digital Turbine stock prediction for 2030: $ 66.82 (3,561.18%)
How high will Digital Turbine stock go?
Average Price Target
Based on 6 Wall Street analysts offering 12 month price targets for Digital Turbine in the last 3 months. The average price target is $5.70 with a high forecast of $10.00 and a low forecast of $4.00. The average price target represents a 179.41% change from the last price of $2.04.
Is a Digital Turbine profitable?
Digital Turbine Inc's trailing 12-month revenue is $572.4 million with a -34.5% profit margin. Year-over-year quarterly sales growth most recently was -12.1%. Analysts expect adjusted earnings to reach $0.502 per share for the current fiscal year. Digital Turbine Inc does not currently pay a dividend.
Why is Digital Turbine stock so low?
Digital Turbine's stock has dropped 82% since my last coverage in 2021. On-Device Solution Revenue declined by 9.8% YoY, primarily due to lower mobile device sales and the loss of a major partner, T-Mobile. The App-Growth Platform revenue declined by 30% YoY due to weaker demand and the integration of legacy platforms.
Why did Digital Turbine drop?
Digital Turbine (NASDAQ:APPS) declined in pre-market trading after the advertising platform's Fiscal Q3 results left investors disappointed. The company reported adjusted earnings of $0.15 per share compared to $0.29 per share in the same period last year and fell short of consensus estimates of $0.17 per share.
How much debt does Digital Turbine have?
Total debt on the balance sheet as of December 2023 : $0.37 B. According to Digital Turbine 's latest financial reports the company's total debt is $0.37 B. A company's total debt is the sum of all current and non-current debts.
Does Digital Turbine pay dividends?
The current TTM dividend payout for Digital Turbine (APPS) as of April 08, 2024 is $0.00. The current dividend yield for Digital Turbine as of April 08, 2024 is 0.00%.
What is the meta stock prediction for 2040?
META stock forecast 2040
If META stock continues to grow at the same pace as its historical performance, then its 22.12% annualized return over the next 17 years would mean that META's stock price hits $12,463 by the year 2040.
What is the market share of Digital Turbine?
What is Digital Turbine market share in the mobile-advertising? Digital Turbine has market share of 0.09% in mobile-advertising market. Digital Turbine competes with 63 competitor tools in mobile-advertising category.
How does Digital Turbine make money?
The way Digital Turbine generates revenue is by receiving a fixed amount for each device on which Ignite is installed. Additionally, Digital Turbine shares advertising revenue with their partners based on a predetermined agreement.
What does Digital Turbine do?
Digital Turbine Inc (Digital Turbine) is a software company, which provides a range of media and mobile communication solutions. The company offers a mobile device management platform, which delivers apps for application media and also content media.
What does market cap mean on a stock?
Market capitalization, or market cap, is one measurement of a company's size. It's the total value of a company's outstanding shares of stock, which include publicly traded shares plus restricted shares held by company officers and insiders.
What is the META stock price forecast for 2025?
Right now, sell-side consensus calls for Meta Platforms to report earnings of $14.80 per share in 2024, and $16.98 per share in 2025. The high end of these forecasts call for earnings of $17.15 and $19.90 per share, next year and the year after next, respectively.
How much will META grow?
Meta stock forecast 2024
Analysts are optimistic about Meta's business and stock price this year, projecting full-year earnings per share of $19.92. That's up from $14.51 in 2023. In addition, Meta analysts are calling for $158.2 billion in 2024 revenue — a whopping annual growth of 17.3%.
Is APPS a good buy?
Is APPS Stock a Buy, According to Analysts? On TipRanks, APPS comes in as a Hold based on one Buy and four Hold ratings assigned by analysts in the past three months. The average Digital Turbine stock price target is $6.13, implying 60.9% upside potential.
Who owns Digital Turbine?
Digital Turbine, Inc. (NASDAQ:APPS) is largely controlled by institutional shareholders who own 67% of the company.
Who uses Digital Turbine?
The top three geographies of Digital Turbine for mobile-app-marketing are the United States with 10(66.67%), New Zealand with 1(6.67%), Germany with 1(6.67%) customers respectively.
How much does a turbine make a year?
The payments will vary based on the number of wind turbines installed on the property. On average, a smaller single wind turbine lease could be valued at around $8,000/year with a larger turbine bringing between $50,000 to $80,000/year.
Is Digital Turbine going to recover?
Digital Turbine faced challenges in Q3, including disappointing device sales, migration issues with its cloud hosting platform, and changes to AI models affecting ad revenue. The outlook for Digital Turbine is expected to improve with the projected recovery of the smartphone market and increased ad spending in 2024.
What is happening to Digital Turbine?
Digital Turbine provides a platform for growth and monetization in the mobile ecosystem, connecting advertisers, publishers, carriers, and device makers. The stock has experienced extreme volatility, reaching an all-time high of over $85 in 2021 but currently trading around $3.8, losing over 90% of its value.
Why is Meta surging?
These efforts, plus a rebound in digital ad demand, led to META stock rising dramatically in price, both in tandem to earnings growth, and because of a massive re-rating of the stock (to a valuation of 23.7 times forward earnings).
Why are turbines getting bigger?
Turbine towers are becoming taller to capture more energy, since winds generally increase as altitudes increase. The change in wind speed with altitude is called wind shear.
