What is happening with apps stock?
After recovering from the 2020 market crash, APPS shares exploded for a run that lasted until early March. In that time, it gained more than 2,500%. However, this year has been turbulent and shares are down 11% year-to-date (YTD). The latest slide began two weeks ago.
What happens to a stock when the market goes up?
When the market went up and there was positive ink this stock gained for one day and then sinks dramatically. When the market is down this stock falls five to ten as much as the market. If this stock is what you say it is and you talk about fundamentals why doesn’t the broad market agree with you?
Is apps a good growth tech stock?
Unfortunately, APPS along with every other stock that is a growth tech stock has a bullseye on its back but it won’t last forever and it’s definitely not limited to APPS only. I wouldn’t listen too much to anyone on here that wants to act like this correction or drop is limited solely to APPS.
Why is the stock market falling after the Fed statement?
The reason for this is that fear and uncertainty is ruling at the moment. The market is factoring in the worst case scenario. The Fed statement will bring certainty and confidence back and this will trigger buys into well run profitable companies. Good earning from the big tech names can confirm that earnings outrun any inflation.
Is APPS stock a good buy?
The consensus among 3 Wall Street analysts covering (NASDAQ: APPS) stock is to Strong Buy APPS stock.
Will APPS stock recover?
Digital Turbine Inc quote is equal to 21.640 USD at 2022-06-02. Based on our forecasts, a long-term increase is expected, the "APPS" stock price prognosis for 2027-05-26 is 126.484 USD. With a 5-year investment, the revenue is expected to be around +484.49%. Your current $100 investment may be up to $584.49 in 2027.
Will APPS go up?
Digital Turbine Inc (NASDAQ:APPS) The 4 analysts offering 12-month price forecasts for Digital Turbine Inc have a median target of 94.00, with a high estimate of 117.00 and a low estimate of 70.00. The median estimate represents a +269.50% increase from the last price of 25.44.
Are APPS stock overvalued?
High growth potential and slightly overvalued.
Is Apple a buy or sell?
Apple has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 23 buy ratings, 8 hold ratings, and no sell ratings.
What is the forecast for Apple stock?
Stock Price Forecast The 39 analysts offering 12-month price forecasts for Apple Inc have a median target of 190.00, with a high estimate of 219.94 and a low estimate of 145.00. The median estimate represents a +44.45% increase from the last price of 131.53.
Who uses Digital Turbine?
The three top industries that use Digital Turbine for Mobile App Marketing are Mobile Marketing (5)Android (4)Content Marketing (4).
What is the target price for Square?
Stock Price Target SQHigh$210.00Median$145.00Low$70.00Average$142.68Current Price$57.70
Who owns Digital Turbine?
BlackRock, Inc. is currently the company's largest shareholder with 10% of shares outstanding. The Vanguard Group, Inc. is the second largest shareholder owning 9.2% of common stock, and Wellington Management Group LLP holds about 6.6% of the company stock.
Is Digital Turbine undervalued?
Also, Enterprise Value is likely to grow to about 4.8 B. Digital Turbine shows a prevailing Real Value of $37.26 per share. The current price of the firm is $15.5. At this time, the firm appears to be undervalued.
Is Digital Turbine profitable?
Unlike many high growth companies, Digital Turbine is profitable while growing and has a PEG ration below 1.
Why is Digital Turbine down?
The Nasdaq Composite index is down roughly 1.7% in February due to uneven Big Tech earnings, and the pressure has affected Digital Turbine stock. While Amazon's subsequent fourth-quarter report was better than expected and helped calm the market, Meta Platforms arrived on Feb.
Should I buy or sell Digital Turbine stock right now?
3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last twelve months. There are currently 3...
What is Digital Turbine's stock price forecast for 2022?
3 Wall Street research analysts have issued 12 month price targets for Digital Turbine's stock. Their forecasts range from $40.00 to $132.00. On av...
How has Digital Turbine's stock price performed in 2022?
Digital Turbine's stock was trading at $60.99 at the beginning of 2022. Since then, APPS stock has decreased by 71.8% and is now trading at $17.21....
When is Digital Turbine's next earnings date?
Digital Turbine is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022. View our earnings forecast for Digita...
How were Digital Turbine's earnings last quarter?
Digital Turbine, Inc. (NASDAQ:APPS) released its earnings results on Tuesday, May, 31st. The software maker reported $0.39 earnings per share for t...
What guidance has Digital Turbine issued on next quarter's earnings?
Digital Turbine updated its FY 2022 earnings guidance on Tuesday, June, 7th. The company provided earnings per share guidance of $1.66-$1.68 for th...
Who are Digital Turbine's key executives?
Digital Turbine's management team includes the following people: Mr. William Gordon Stone III , CEO & Director (Age 54, Pay $1.31M) Mr. Barrett...
What is Bill Stone's approval rating as Digital Turbine's CEO?
46 employees have rated Digital Turbine CEO Bill Stone on Glassdoor.com . Bill Stone has an approval rating of 97% among Digital Turbine's employe...
Who are some of Digital Turbine's key competitors?
Some companies that are related to Digital Turbine include InterDigital (IDCC) , Franchise Group (FRG) , Liberty Tax (TAXA) , Joint (JYNT) , A...
About Digital Turbine
Digital Turbine (NASDAQ:APPS) Frequently Asked Questions
Digital Turbine, Inc. engages in the innovation of media and mobile communications which helps to deliver an end-to-end platform solution for mobile operators, application developers, device original equipment manufacturers (OEM), and other third parties.
Why Is APPS Stock Down?
5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last twelve months. There are currently 5 buy ratings for the stock.
The Bottom Line on APPS Stock
The culprit appears to be Alphabet’s (NASDAQ: GOOGL, NASDAQ: GOOG) Google.
Will iPhone replacement rates be low in 2021?
Digital Turbine is clearly not worried about Google’s move. Neither are most investment analysts. Those polled by CNN Business not only rate APPS as a consensus “buy,” but they also have a median $105 price target. That’s roughly 108% upside.
Is the iPhone 12 going to be low in 2021?
As a result, iPhone replacement rates should be low in 2021. Still on the same subject, Goldman projects ASP (average selling price) to come down this year, as buyers shift to cheaper models like the iPhone 12 mini and the iPhone 11.
Is Apple Maven upside or downside?
According to the research shop, the iPhone 12 resembles a “redesign cycle” rather than a more meaningful “5G super cycle”. As a result, iPhone replacement rates should be low in 2021.
