Key Takeaways:
- Digital Turbine (APPS, Financial) saw a significant 31% increase last quarter despite operational challenges.
- Strategic collaborations, such as with TIM Brazil, are central to growth and diversification.
- The stock's current price indicates potential upside, based on GuruFocus metrics.
Digital Turbine (APPS) observes a notable 31% rise over the past quarter, even amid executive changes and strategic developments. While revenue figures have seen a decline and net losses have grown, the company continues to forge promising alliances. A key partnership with TIM Brazil stands out, enhancing app experiences and potentially unlocking new growth and diversification avenues for Digital Turbine.
Wall Street Analysts' Predictions
According to the forecasts from two analysts, Digital Turbine Inc (APPS, Financial) is expected to have an average target price of $2.75, with projections ranging from a high of $4.00 to a low of $1.50. This average target hints at a slight downside of 1.43% from the current trading price of $2.79. To access more comprehensive forecast details, visit the Digital Turbine Inc (APPS) Forecast page.
The consensus from two brokerage firms rates Digital Turbine Inc (APPS, Financial) with an average recommendation of 3.0, placing it in the "Hold" category. This rating is based on a scale of 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell recommendation.
Evaluating the GF Value Estimate
GuruFocus estimates suggest that the GF Value of Digital Turbine Inc (APPS, Financial) in one year could reach $7.03, forecasting a significant upside of 151.97% from the current level of $2.79. The GF Value is GuruFocus' calculated estimate of the fair value the stock should command, derived from historical trading multiples, past business growth, and future business performance projections. For a deeper dive into the data, explore the Digital Turbine Inc (APPS) Summary page.
