Summary:
- Digital Turbine Inc. (APPS, Financial) has achieved a remarkable 108.28% growth in its year-to-date performance as of March 21, 2025.
- With revenues of $135 million for the fiscal third quarter, the company sees an 11% year-over-year increase, driven by strong performance in On-Device Solutions and international expansion.
- Analyst consensus indicates a "Hold" rating with a potential downside of 1.43% from the current price, yet GuruFocus estimates suggest substantial growth potential.
Impressive Growth in Revenue
Digital Turbine Inc. (APPS) has showcased significant growth, marking a 108.28% increase in its year-to-date performance as of March 21, 2025. In its fiscal third quarter, the company reported an impressive $135 million in revenue. This surge is attributed to its successful expansion in On-Device Solutions and international markets, leading to an 11% increase in annual revenue.
Analysts' Price Forecast and Recommendations
According to the projections from two analysts, the average price target for Digital Turbine Inc. (APPS, Financial) over the next year is $2.75, with estimates ranging from a high of $4.00 to a low of $1.50. Currently trading at $2.79, the average target indicates a potential downside of 1.43%. For a more in-depth analysis, visit the Digital Turbine Inc. (APPS) Forecast page.
The consensus from two brokerage firms assigns Digital Turbine Inc. (APPS, Financial) an average brokerage recommendation of 3.0, signifying a "Hold" rating. This rating falls within a scale where 1 denotes a Strong Buy and 5 signifies a Sell.
GuruFocus Valuation Insights
According to GuruFocus estimates, the projected GF Value for Digital Turbine Inc. (APPS, Financial) over the coming year is pegged at $7.03. This suggests a substantial upside potential of 151.97% against the current price of $2.79. The GF Value represents GuruFocus' estimation of the stock's fair trading value, derived from historical trading multiples, past business growth, and future business performance estimates. For further insights, explore the Digital Turbine Inc. (APPS) Summary page.
