Digital Turbine Stock Target Price and Analyst Consensus

APPS Stock  USD 1.92  0.02  1.03%   
The current analyst and expert consensus on Digital Turbine is Buy with 4 hold recommendations. The current projected Digital Turbine target price consensus is 11.00 with 5 analyst opinions. One of the most common ways Digital Turbine analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Digital Turbine vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Digital Turbine. We strongly encourage you to use your own analysis of Digital Turbine to validate this buy or sell advice. Digital Turbine recommendation module provides expert sentiment on the projected Digital Turbine target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Digital Turbine to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Digital Stock please use our How to Invest in Digital Turbine guide.
Lowest Forecast
10.01
Highest Forecast
12.21
Target Price
11
Gross Profit is likely to gain to about 386.7 M in 2024, whereas Pretax Profit Margin is likely to drop (0.1) in 2024. At this time, Digital Turbine's Good Will is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 14.9 M in 2024, whereas Common Stock is likely to drop 6,824 in 2024.
  
It's important to approach Digital Turbine's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Digital Turbine price targets

Digital Turbine's stock target price is an estimate of its future price, usually made by analysts. Using Digital Turbine's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Digital Turbine's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Digital Turbine's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Digital Turbine Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Digital Turbine is a key component of Digital Turbine valuation and have some predictive power on the future returns of a Digital Turbine.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Digital Turbine's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.101.946.65
Details
Intrinsic
Valuation
LowRealHigh
0.091.866.57
Details
Naive
Forecast
LowNextHigh
0.042.156.86
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.120.070.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Digital Turbine. Your research has to be compared to or analyzed against Digital Turbine's peers to derive any actionable benefits. When done correctly, Digital Turbine's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Digital Turbine.

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When determining whether Digital Turbine is a strong investment it is important to analyze Digital Turbine's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Digital Turbine's future performance. For an informed investment choice regarding Digital Stock, refer to the following important reports:
Check out Macroaxis Advice on Digital Turbine to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Digital Stock please use our How to Invest in Digital Turbine guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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The data published in Digital Turbine's official financial statements usually reflect Digital Turbine's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Digital Turbine. For example, before you start analyzing numbers published by Digital accountants, it's critical to develop an understanding of what Digital Turbine's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Digital Turbine's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Digital Turbine's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Digital Turbine's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Digital Turbine. Please utilize our Beneish M Score to check the likelihood of Digital Turbine's management manipulating its earnings.