Benchmark Issues Positive Forecast for Digital Turbine (NASDAQ:APPS) Stock Price

Digital Turbine (NASDAQ:APPS) had its price target boosted by Benchmark from $15.00 to $16.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the software maker’s stock. Benchmark’s price target points to a potential upside of 24.16% from the company’s previous close.

Other equities analysts have also issued research reports about the company. Roth Capital initiated coverage on Digital Turbine in a report on Tuesday, July 21st. They issued a “buy” rating and a $11.50 target price on the stock. Wall Street Zen raised Digital Turbine from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. Craig Hallum reiterated a “buy” rating and issued a $18.00 price objective on shares of Digital Turbine in a report on Wednesday. Bank of America raised Digital Turbine from a “neutral” rating to a “buy” rating and set a $7.50 target price on the stock in a research report on Wednesday, May 27th. Finally, Zacks Research cut Digital Turbine from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.25.

Digital Turbine Stock Up 35.5%

NASDAQ APPS traded up $3.38 on Wednesday, hitting $12.89. 17,609,279 shares of the stock were exchanged, compared to its average volume of 4,155,411. Digital Turbine has a fifty-two week low of $2.74 and a fifty-two week high of $14.10. The company has a 50-day moving average price of $9.60 and a 200-day moving average price of $5.96. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.84. The company has a market cap of $1.56 billion, a PE ratio of -35.64, a PEG ratio of 0.70 and a beta of 2.81.

Digital Turbine (NASDAQ:APPS) last announced its quarterly earnings data on Tuesday, May 26th. The software maker reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.07. The business had revenue of $142.55 million for the quarter, compared to analyst estimates of $133.22 million. Digital Turbine had a negative net margin of 6.68% and a positive return on equity of 27.60%. Sell-side analysts anticipate that Digital Turbine will post 0.68 EPS for the current fiscal year.

Institutional Investors Weigh In On Digital Turbine

A number of institutional investors and hedge funds have recently bought and sold shares of APPS. Essential Partners LLC boosted its stake in Digital Turbine by 167.3% in the first quarter. Essential Partners LLC now owns 9,031 shares of the software maker’s stock valued at $26,000 after acquiring an additional 5,652 shares in the last quarter. Quarry LP increased its position in shares of Digital Turbine by 1,323.4% during the fourth quarter. Quarry LP now owns 5,594 shares of the software maker’s stock worth $28,000 after purchasing an additional 5,201 shares in the last quarter. Verus Capital Partners LLC purchased a new stake in shares of Digital Turbine in the 1st quarter valued at about $35,000. Strs Ohio purchased a new stake in shares of Digital Turbine in the 1st quarter valued at about $41,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Digital Turbine in the 4th quarter valued at about $44,000. 63.66% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Digital Turbine

Here are the key news stories impacting Digital Turbine this week:

• Positive Sentiment: Fiscal Q1 revenue rose 27% year over year to $166.0 million, exceeding analyst expectations near $150 million. Non-GAAP adjusted EPS was $0.19, while reported EPS of $0.17 also surpassed consensus estimates. Digital Turbine Reports Strong Fiscal 2027 First Quarter Financial Results and Raises Full-Year Guidance
• Positive Sentiment: Profitability improved significantly: adjusted EBITDA increased 69% to $42.5 million, adjusted net income reached $24.1 million, and operating cash flow more than doubled to $17.9 million. Digital Turbine Stock Rises on Q1 2027 Earnings
• Positive Sentiment: Digital Turbine raised fiscal 2027 revenue guidance to $650 million-$670 million, above the roughly $645 million consensus forecast, and lifted adjusted EBITDA guidance to $145 million-$155 million. Management cited international expansion, artificial intelligence, first-party data and brand advertising as growth drivers. Digital Turbine Raises Fiscal 2027 Guidance
• Positive Sentiment: Wall Street commentary characterized the quarter as evidence of a potential turnaround in mobile advertising, with strong App Growth Platform performance and expectations that current momentum may continue. APPS Stock Growth Outlook
• Neutral Sentiment: Call-option activity was unusually high, with 9,565 contracts traded—approximately 95% above average—indicating increased speculative interest but not necessarily sustained fundamental demand.
• Negative Sentiment: Despite the improvement, Digital Turbine still posted a GAAP net loss of $3.2 million, or $0.03 per share, and remains exposed to elevated volatility as investors assess whether the improved results can persist.

Digital Turbine Company Profile

Digital Turbine, Inc (NASDAQ: APPS) is a mobile technology company that streamlines content delivery and app advertising across connected devices. Its platform enables carriers, OEMs, app developers and advertisers to engage users through personalized app recommendations, in-app promotions and turnkey monetization solutions. By integrating software directly on smartphones and tablets, Digital Turbine simplifies the user journey from discovery to installation without requiring additional downloads or redirects through traditional app stores.

The company’s flagship Ignite Platform offers end-to-end campaign management, combining demand-side advertising, real-time analytics and automated content fulfillment.