
The world of apps stock quotes is a dynamic and rapidly changing landscape. Many investors are turning to apps for quick and easy access to stock prices and market trends.
Apps like Robinhood and Fidelity offer real-time stock quotes, allowing users to stay up-to-date on market fluctuations. This accessibility has made it easier for individual investors to participate in the stock market.
The rise of mobile trading apps has transformed the way people invest in the stock market. With the ability to trade on-the-go, investors can now make informed decisions at any time.
The trend of mobile trading is expected to continue growing, with more investors turning to apps for their investment needs.
Financial Performance
Digital Turbine's share price has been quite volatile over the past year, with a 1 Year Change of -55.96%.
The company's stock price has fluctuated significantly, with a 52 Week High of US$6.00 and a 52 Week Low of US$1.18.
Beta measures a stock's volatility relative to the market, and Digital Turbine's Beta of 2.35 indicates that its stock price is more volatile than the overall market.
One month ago, the stock price increased by a remarkable 34.95%, but over the past three months, it has actually decreased by -28.90%.
Here's a quick summary of Digital Turbine's performance over different time periods:
Since its IPO, Digital Turbine's stock price has increased by 25.50%.
Investor Insights
As an investor, it's essential to understand how a stock is performing compared to the industry and market as a whole. In the case of APPS, we can see that it underperformed the US Software industry, which returned 18.4% over the past year.
APPS also fell short of the US Market, which saw a 23.7% return over the past year. This is a significant difference, and it's worth considering whether this stock is a good fit for your investment portfolio.
If you're looking for a benchmark to compare APPS to, here's a quick rundown of its performance over the past 7 days and 1 year:
Shareholder Returns
Let's take a closer look at the shareholder returns for APPS, a company in the US Software industry. Over the past 7 days, APPS returned 16.2%, which is a significant gain.
APPS underperformed the US Software industry, which returned 18.4% over the past year. This is a notable difference, and it's essential to consider when evaluating investment opportunities.
Here's a brief comparison of APPS' returns with the US Market:
APPS actually underperformed the US Market, which returned 23.7% over the past year.
Analyst Forecast
According to 4 analysts, the average rating for APPS stock is "Hold". This is a relatively neutral stance, suggesting that investors should neither buy nor sell the stock.
The 12-month stock price forecast is $2.38, which is a decrease of -5.18% from the latest price. This indicates a slight decline in the stock's value over the next year.
A closer look at the analyst forecasts reveals some interesting trends. Here are the average earnings estimates for the next few quarters:
As you can see, the average earnings estimates are increasing over the next few quarters, suggesting that the company's financial performance is improving. However, it's essential to note that these estimates are subject to change and may not reflect the company's actual performance.
The number of analysts providing earnings estimates has remained consistent at 3 analysts for each quarter. This suggests that the analysts are confident in their estimates and are not expecting any significant changes in the company's financial performance.
Overall, the analyst forecasts suggest that APPS stock is a relatively stable investment option, with a slight decline in value over the next year. However, it's essential to keep an eye on the company's financial performance and adjust your investment strategy accordingly.
Turbine, Inc. Analysis
Digital Turbine, Inc. is undergoing a significant reorganization, exiting legacy platforms to focus on more profitable business lines, promising future free cash flow growth.
The company's financials show a promising future, with estimated revenue growth from $477 in 2025 to $521 in 2026.
Analysts have mixed opinions about Digital Turbine, with Bank of America Merrill Lynch downgrading their rating to Hold in September 2023, but maintaining a Buy rating in May 2023. Craig-Hallum Capital maintained a Buy rating in May and February 2023, while Macquarie Research downgraded their rating to Hold in February 2023.
Here's a summary of the analyst opinions:
Price Volatility
Turbine, Inc. has experienced significant price volatility in the past, with its current share price of US$2.51 being 34.95% higher than it was just one month ago.
The company's beta of 2.35 indicates that its stock price is more volatile than the overall market.
APPS's weekly volatility of 19.6% is higher than the market average movement of 6.5% and the software industry average movement of 8.5%.
Here's a comparison of APPS's volatility with the US market:
APPS's share price has been volatile over the past 3 months compared to the US market, but its weekly volatility has been stable over the past year at 19%, which is still higher than 75% of US stocks.
Turbine: Upside Remains
Digital Turbine has received mixed analyst opinions, with Bank of America Merrill Lynch downgrading their rating to Hold in September 2023, after previously maintaining a Buy rating in May 2023.
Analysts at Craig-Hallum Capital have consistently maintained a Buy rating for Digital Turbine, with a price target of $20 in May 2023.
The company's financial estimates for 2025 show a revenue of $477 million, with an average analyst estimate of $0.143 USD in earnings per share for the current year.
In the next year, analysts expect revenue to increase to $521 million, with an average estimate of $0.262 USD in earnings per share.
Here's a breakdown of the average earnings estimates for Digital Turbine:
Frequently Asked Questions
Will APPS stock ever recover?
According to analyst predictions, APPS stock may see a potential upside of 25.43% by reaching $2.33 by Nov 15, 2025, suggesting a possible recovery. However, stock market predictions are subject to change and should be taken as a general guideline, not a guarantee.
Featured Images: pexels.com