Digital Turbine (NASDAQ:APPS) Stock Rating Lowered by Wall Street Zen

Digital Turbine (NASDAQ:APPS) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other analysts have also recently commented on the stock. Craig Hallum reissued a “buy” rating and set a $18.00 target price on shares of Digital Turbine in a research note on Wednesday. Weiss Ratings lowered Digital Turbine from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, June 5th. Benchmark raised their target price on Digital Turbine from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Zacks Research lowered Digital Turbine from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Finally, Bank of America raised Digital Turbine from a “neutral” rating to a “buy” rating and set a $7.50 price target on the stock in a research note on Wednesday, May 27th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Digital Turbine presently has a consensus rating of “Moderate Buy” and an average target price of $14.75.

Digital Turbine Price Performance

NASDAQ:APPS opened at $14.34 on Friday. The company’s fifty day moving average price is $9.96 and its 200-day moving average price is $6.15. The firm has a market capitalization of $1.74 billion, a P/E ratio of -55.15, a PEG ratio of 0.53 and a beta of 2.81. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.20 and a quick ratio of 1.20. Digital Turbine has a 1-year low of $2.74 and a 1-year high of $15.34.

Digital Turbine (NASDAQ:APPS) last posted its earnings results on Tuesday, August 4th. The software maker reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.05. The firm had revenue of $165.98 million during the quarter, compared to analyst estimates of $149.98 million. Digital Turbine had a negative net margin of 4.46% and a positive return on equity of 38.34%. As a group, equities research analysts anticipate that Digital Turbine will post 0.86 EPS for the current year.

Hedge Funds Weigh In On Digital Turbine

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

Digital Turbine News Summary

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

• Positive Sentiment: Improved quarterly performance: Digital Turbine reported revenue of $165.98 million, up 27% year over year and above the roughly $150 million analyst consensus. Its net loss narrowed to $3.16 million from $14.10 million, while the loss per share improved to $0.03 from $0.13. Why Digital Turbine Is Up After Raising Its Revenue Outlook
• Positive Sentiment: Higher fiscal 2027 guidance: Management raised its revenue outlook to $650 million-$670 million, signaling confidence that its mobile advertising recovery and operating improvements can continue. Digital Turbine’s AI Platform Boosts Advertiser Returns and Growth
• Positive Sentiment: AI platform momentum: Digital Turbine’s AI-driven advertising platform is reportedly improving advertiser returns and publisher monetization, supporting expectations for stronger growth. Digital Turbine’s AI Platform Boosts Advertiser Returns and Growth
• Positive Sentiment: Analyst and trading interest: Benchmark raised its price target to $16, while unusually high call-option activity suggests increased bullish speculation. Benchmark Raises Digital Turbine Price Target
• Neutral Sentiment: Strong relative performance: Coverage notes that APPS has outpaced portions of the computer and technology sector this year. The stock is now near its 52-week high, prompting investors to assess whether fundamentals support additional gains. Digital Turbine Hits a 52-Week High
• Negative Sentiment: Valuation and execution risks remain: Despite narrowing losses, Digital Turbine remains unprofitable on a trailing basis. The stock’s sharp rally, high beta and proximity to its 52-week high could increase volatility if growth or guidance falls short.

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.