Key Takeaways:
- Digital Turbine (APPS, Financial) shares rose significantly, following quarterly results that exceeded expectations.
- The company projects fiscal 2026 revenue between $515 million and $525 million.
- Current analyst outlook suggests a "Hold" recommendation with potential upside according to GF Value estimates.
Shares of Digital Turbine (APPS) experienced a notable surge of over 14% after the company released its fourth-quarter results, which surpassed financial forecasts. Reporting a net revenue of $119.2 million, Digital Turbine outperformed projections, with adjusted earnings reaching $0.10 per share. Looking ahead, the company anticipates its fiscal 2026 revenue to fall between $515 million and $525 million, setting a promising tone for future growth.
Wall Street Analysts Forecast
Industry analysts have set a range of price targets for Digital Turbine Inc (APPS, Financial) for the upcoming year. The average price target stands at $2.75, with predictions ranging from a high of $4.00 to a low of $1.50. This average suggests a potential downside of 42.83% from the current trading price of $4.81. For more in-depth insights and estimates, visit Digital Turbine's Forecast page.
Currently, the consensus among two brokerage firms recommends a "Hold" for Digital Turbine Inc (APPS, Financial), with an average recommendation rating of 3.0. This rating system, ranging from 1 (Strong Buy) to 5 (Sell), indicates a cautious stance from analysts.
According to GuruFocus estimates, the projected GF Value for Digital Turbine Inc (APPS, Financial) in a year amounts to $7.13. This valuation suggests a substantial potential upside of 48.23% from the current stock price of $4.81. The GF Value is a proprietary metric developed by GuruFocus, designed to reflect the fair trading value of a stock. It draws on historical trading multiples, past business growth, and future performance estimates. For further detailed analysis, explore the Digital Turbine Inc Summary page.
