Digital Turbine

APPS · NASDAQ

$9.80+$0.23 (+2.40%)TodayMarket closed · Oct 20, 5:44 PM ET

Prev close $9.57

APPS analyst rating

BuyConsensus of 6 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy6
Hold0
Underperform0
Sell0

12-month price target · 6 analysts

Average $16.96 (+73.0% upside)

Low: $15.15
Now: $9.80
High: $18.90

Upgrades and downgrades

The latest rating actions, newest first

APPS analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Roth Capital	Oct 15, 2026	Initiates	Buy	$19.00	37%
RBC Capital	Oct 1, 2026	Initiates	Outperform	$15.00	32%
Benchmark	Aug 5, 2026	Maintains	Buy	$15.00 → $16.00	44%
Benchmark	Jul 22, 2026	Initiates	Buy	$15.00	61%
Roth Capital	Jul 21, 2026	Initiates	Buy	$11.50	70%
B of A Securities	May 27, 2026	Upgrade	Neutral → Buy	$7.50	48%

The case for and against

Updated Nov 30, 2024

Bull case

Digital Turbine Inc. is experiencing positive momentum through the robust growth of new devices, with a notable double-digit quarterly increase, which supports its core mobile growth platform. The advancement in alternative app store revenue, reaching a seven-figure run rate, signals significant potential for market share expansion and enhanced monetization, particularly outside of Korea. Furthermore, the expectation of a return to EBITDA growth and margin expansion in 2HFY25, coupled with strategic investments in the alternative app store space, highlight the company's solid growth prospects moving forward.

Bear case

Digital Turbine Inc. experienced a disappointing financial performance in F1Q'25, with revenue reaching $119 million, which fell short of both consensus expectations and reflected a significant 17% year-over-year decline. The challenging conditions in its On Device Solutions segment, primarily due to decreasing domestic revenue per device and sluggish mobile handset sales, further exacerbated the company's difficulties, while international growth could not sufficiently counterbalance these issues. Additionally, the company's reduced FY25 revenue guidance, indicating further expected declines and lower gross margins, highlights persistent operational challenges and weakened demand in key areas, which contribute to a negative outlook for the stock.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.