Key Takeaways:
- Digital Turbine's shares surged over 50% following strong fourth-quarter results.
- Optimistic fiscal 2026 guidance and AI-driven growth are key catalysts.
- Analysts' average price target suggests a significant downside from current levels.
Digital Turbine (APPS, Financial) witnessed a dramatic uptick in its stock price, advancing over 50% on Tuesday, fueled by robust fourth-quarter financial performance and an optimistic fiscal 2026 outlook. The trading session was notably active, with more than 59.7 million shares changing hands, highlighting a surge in investor enthusiasm. The company projects fiscal 2026 revenue to range between $515 million and $525 million, complemented by an adjusted EBITDA forecast of $85 million to $95 million, largely propelled by its AI product line expansion.
Wall Street Analysts Forecast
According to price targets set by two analysts, the average target price for Digital Turbine Inc (APPS, Financial) is positioned at $2.75, with predictions stretching from a high of $4.00 to a low of $1.50. This average target price suggests a predicted downside of 63.25% relative to the current stock price of $7.48. For more comprehensive estimate data, visit the Digital Turbine Inc (APPS) Forecast page.
The consensus from two brokerage firms places Digital Turbine Inc (APPS, Financial) at an average recommendation of 3.0, signaling a "Hold" status on the stock. The rating scale varies from 1 to 5, with 1 indicating a Strong Buy and 5 a Sell.
From the perspective of GuruFocus estimates, the projected GF Value for Digital Turbine Inc (APPS, Financial) in one year stands at $7.13. This implies a downside of 4.71% from its current price of $7.4822. The GF Value is GuruFocus' approximation of the stock's fair trading value. It is calculated by considering the historical trading multiples of the stock, the company's past business growth, and future performance projections. For a more detailed overview, visit the Digital Turbine Inc (APPS) Summary page.