In the last trading session, 2.59 million Digital Turbine Inc (NASDAQ:APPS) shares changed hands as the company’s beta touched 2.59. With the company’s per share price at $4.64 changed hands at $0.02 or 0.43% during last session, the market valuation stood at $487.23M. APPS’s last price was a discount, traded about -47.84% off its 52-week high of $6.86. The share price had its 52-week low at $1.18, which suggests the last value was 74.57% up since then.
Analysts gave the Digital Turbine Inc (APPS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.50. If we narrow down to specifics, the data shows that 0 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended APPS as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight.
Digital Turbine Inc (NASDAQ:APPS) trade information
Instantly APPS was in green as seen at the end of in last trading. With action 6.18%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 174.56%, with the 5-day performance at 6.18% in the green. However, in the 30-day time frame, Digital Turbine Inc (NASDAQ:APPS) is 48.72% up.
The consensus price target for the stock as assigned by Wall Street analysts is 40, meaning bulls need an upside of 88.4% from its current market value. According to analyst projections, APPS’s forecast low is 40 with 40 as the target high. To hit the forecast high, the stock’s price needs a -762.07% plunge from its current level, while the stock would need to soar -762.07% for it to hit the projected low.
Digital Turbine Inc (APPS) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -121.76%. The 2025 estimates are for Digital Turbine Inc earnings to decrease by -50.00%.
Digital Turbine Inc (NASDAQ:APPS)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.5771% or 6.73 million shares worth $11.18 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. With 3.07 shares estimated at $14.26 million under it, the former controlled 2.93% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.45% of the shares, roughly 2.57 shares worth around $11.94 million.
