What Wall St. Knows About Digital Turbine Today.

During the afternoon session, Digital Turbine moved 1.25%, compared to 0.01% for the S&P 500.

Digital Turbine, Inc. provides mobile and media communication products and solutions for mobile operators, application advertisers, publishers, original equipment manufacturers (OEMs), and other third parties. The company is now trading -38.43% away from its average analyst target price of $17.15 per share. The 6 analysts following the stock have set target prices ranging from $12.0 to $25.0, and on average give Digital Turbine a rating of buy.

Over the last year, APPS shares have gone down by -70.94%, which represents a difference of -64.13% when compared to the S&P 500. The stock's 52 week high is $47.47 per share and its 52 week low is $10.4. Based on Digital Turbine's average gross margin growth of 8.9% over the last four years, its core business remains strong and the stock price may recover in the long term.

Date Reported Revenue (k) Cost of Revenue (k) Gross Margin YoY Growth
2022-03-31 $741,372 $660,084 50.84% 17.6%
2021-03-31 $312,124 $241,365 43.23% 9.92%
2020-03-31 $140,169 $85,042 39.33% 14.53%
2019-03-31 $103,569 $68,004 34.34% 2.45%
2018-03-31 $74,751 $49,696 33.52% n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.