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why is digital turbine stock down today

by Carleton Boehm Published 3 years ago Updated 2 years ago
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Why did Digital Turbine (apps) stock reverse down today?

Nov 03, 2021 · After a stellar October, shares of advertising technology company Digital Turbine ( APPS -5.21%) stalled out Wednesday morning, falling 14% through 10:30 a.m. EDT, even though the company soundly ...

Is Digital Turbine stock headed to $90?

Apr 08, 2022 · Digital Turbine (APPS) Inks Multi-Year Deal with Google finance.yahoo.com - December 29 at 6:27 PM: Digital Turbine Is Down on Good News finance.yahoo.com - December 29 at 1:26 PM: APPS Stock Alert: 7 Things to Know About the Google Deal Goosing Digital Turbine Shares Today investorplace.com - December 28 at 2:03 PM

How much money will Digital Turbine make in 2025?

Feb 16, 2022 · February 16, 2022. Digital Turbine (NASDAQ: APPS) stock isn’t doing so hot today and it’s all thanks to Alphabet’s (NASDAQ: GOOG, GOOGL) Google making changes to …

What does Digital Turbine do for a living?

Find the latest Digital Turbine, Inc. (APPS) stock discussion in Yahoo Finance's forum. Share your opinion and gain insight from other stock traders and investors.

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Apr 17, 2022 · The P/E ratio of Digital Turbine is 67.70, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 30.68. Price to Earnings Growth Ratio. Digital Turbine has a PEG Ratio of 0.34. PEG Ratios below 1 indicate that a company could be undervalued.

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Why did Digital Turbine stock drop?

Risk factors including a potential Russian invasion of Ukraine, rising interest rates, rising Treasury bond yields, and elevated inflation all combined to create a challenging trading backdrop for growth-dependent tech stocks last month, and Digital Turbine lost more than a quarter of its value in the pullback.Feb 7, 2022

How high will Digital Turbine stock go?

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.

Who owns Digital Turbine?

Top 10 Owners of Digital Turbine Inc
StockholderStakeShares owned
The Vanguard Group, Inc.8.75%8,484,831
Wellington Management Co. LLP6.20%6,013,475
SSgA Funds Management, Inc.2.90%2,807,074
Granahan Investment Management, L...2.44%2,368,614
6 more rows

How does Digital Turbine make money?

Digital Turbine's core business is ''preinstalls'' on Android devices. Digital Turbine calls this side of the business, On Device Media. Any time a phone user opens up their brand new phone, you'll get a select number of new apps installed on your device. Companies pay Digital Turbine to be installed on users' devices.Jan 5, 2022

Is APPS a good stock to buy?

The financial health and growth prospects of APPS, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.

Will TTD stock go up?

Stock Price Forecast

The 16 analysts offering 12-month price forecasts for Trade Desk Inc have a median target of 100.00, with a high estimate of 125.00 and a low estimate of 29.00. The median estimate represents a +104.54% increase from the last price of 48.89.

When did Digital Turbine go public?

March 7, 2014
On March 7, 2014, the company (formerly Mandalay Digital Group) announced that it had closed an underwritten public offering of common stock for which it received net proceeds of approximately $18.6 million after deducting underwriting discounts and commissions and offering expenses.

What is Fintel io?

Fintel.io is a leading equity research platform designed to help quant-driven investors make better investing decisions. Fintel provides deep analytics on a variety of market data, including fund ownership, insider trading activity, short interest, and company financials.

Should you invest in digital turbine?

Digital Turbine is currently fairly valued, which is why it deserves a Hold rating. Investors should consider APPS' profitability and its relationships with various partners and customers in assessing its valuations.Feb 25, 2022

Is Digital Turbine a buy today?

Digital Turbine's analyst rating consensus is a 'Strong Buy. This is based on the ratings of 3 Wall Streets Analysts.

Is Digital Turbine a good investment?

Investors are digesting recent earnings reported by Digital Turbine (APPS -5.21%). Revenue in the quarter grew 324% year over year to $375.5 million on an as-reported basis, and EBITDA jumped 153% to $57 million.Feb 10, 2022

Is Digital Turbine a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 5 buy ratings for th...

How has Digital Turbine's stock price been impacted by Coronavirus (COVID-19)?

Digital Turbine's stock was trading at $5.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health...

When is Digital Turbine's next earnings date?

Digital Turbine is scheduled to release its next quarterly earnings announcement on Tuesday, June 7th 2022. View our earnings forecast for Digital...

How were Digital Turbine's earnings last quarter?

Digital Turbine, Inc. (NASDAQ:APPS) issued its quarterly earnings data on Monday, February, 7th. The software maker reported $0.49 EPS for the quar...

What guidance has Digital Turbine issued on next quarter's earnings?

Digital Turbine updated its FY 2022 earnings guidance on Tuesday, February, 22nd. The company provided earnings per share guidance of $1.660-$1.680...

What price target have analysts set for APPS?

5 analysts have issued twelve-month price targets for Digital Turbine's shares. Their forecasts range from $70.00 to $132.00. On average, they anti...

Who are Digital Turbine's key executives?

Digital Turbine's management team includes the following people: Bill Stone , Chief Executive Officer & Director Kirstie Elizabeth Brown , Execu...

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 Dolby Laboratories (DLB) , InterDigital (IDCC) , Franchise Group (FRG) , Liberty Tax...

Digital Turbine Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

Media Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

Digital Turbine (NASDAQ APPS) News Headlines Today

Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm.

Is Digital Turbine a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 1 hold rating and 6 buy ratings for the stock.

What stocks does MarketBeat like better than Digital Turbine?

Wall Street analysts have given Digital Turbine a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Digital Turbine wasn't one of them.

Are investors shorting Digital Turbine?

Digital Turbine saw a increase in short interest during the month of August. As of August 13th, there was short interest totaling 3,490,000 shares, an increase of 33.2% from the July 29th total of 2,620,000 shares. Based on an average daily volume of 3,120,000 shares, the short-interest ratio is currently 1.1 days.

When is Digital Turbine's next earnings date?

Digital Turbine is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.#N#View our earnings forecast for Digital Turbine.

How were Digital Turbine's earnings last quarter?

Digital Turbine, Inc. (NASDAQ:APPS) issued its quarterly earnings data on Monday, August, 9th. The software maker reported $0.34 EPS for the quarter, beating the consensus estimate of $0.31 by $0.03. The software maker had revenue of $212.60 million for the quarter, compared to the consensus estimate of $191.26 million.

How has Digital Turbine's stock been impacted by Coronavirus (COVID-19)?

Digital Turbine's stock was trading at $5.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, APPS shares have increased by 894.0% and is now trading at $58.45.#N#View which stocks have been most impacted by COVID-19.

What guidance has Digital Turbine issued on next quarter's earnings?

Digital Turbine issued an update on its second quarter 2022 earnings guidance on Monday, August, 30th. The company provided earnings per share (EPS) guidance of $0.380-$0.380 for the period, compared to the Thomson Reuters consensus estimate of $0.370.

Is Digital Turbine (APPS) a Great Growth Stock?

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Digital Turbine (APPS).

What Makes Digital Turbine (APPS) a New Buy Stock

Digital Turbine (APPS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Digital Turbine (APPS) Q1 Earnings and Revenues Top Estimates

Digital Turbine (APPS) delivered earnings and revenue surprises of 9.68% and 11.87%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Digital Turbine Reports Fiscal 2022 First Quarter Financial Results

Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal first quarter ended June 30, 2021. All operating results discussed below, except as otherwise specifically noted, refer only to the continuing operations of the Company, and all comparisons to prior periods have been adjusted to reflect only continuing operations.

Fyber N.V. Announces Preliminary Financial Results for the First Half of 2021

Digital Turbine, Inc. (Nasdaq: APPS) announced today that Fyber N.V. ("Fyber") released preliminary summary financial results for the first half of calendar 2021. Fyber reported that its preliminary calculations amount to total revenue of approximately €180 million for the six months ended June 30, 2021.

What's in Store for Digital Turbine (APPS) in Q1 Earnings?

Digital Turbine's (APPS) first-quarter fiscal 2021 results are expected to reflect higher demand for cloud-based mobile solutions and improved advertising demand.

4 Stocks to Diversify Your Portfolio in August

In today's video I look at fundamentals and recent news for Spotify (NYSE: SPOT), Tencent (OTC: TCEHY), Digital Turbine (NASDAQ: APPS), and Fastly (NYSE: FSLY). Below I share a few highlights from the video.

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