Digital Turbine (APPS)

• Market cap: $255M
• 1 day: 9.33%
• 5 days: 24.87%
• 1 month: 38.20%
• 3 months: -19.87%
• 6 months: 12.84%
• Year to date: 39.77%
• 1 year: -56.92%
• 5 years: -65.64%
• 10 years: -11.83%
• Sector: Financials
• Industry: Patent Owners & Lessors

About: Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Solutions and App Growth Platform.

Employees: 754

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

578% more call options, than puts

Call options by funds: $10.4M | Put options by funds: $1.53M

150% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 10

90% more capital invested

Capital invested by funds: $88.1M [Q2] → $168M (+$79.5M) [Q3]

9% more funds holding

Funds holding: 152 [Q2] → 166 (+14) [Q3]

1.44% more ownership

Funds ownership: 51.77% [Q2] → 53.2% (+1.44%) [Q3]

20% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 56

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $1 59% downside
• Avg. target: $2.33 5% downside
• High target: $4 63% upside

3 analyst ratings

• positive: 1 33%
• neutral: 1 33%
• negative: 1 33%

B of A Securities Omar Dessouky 70% 1-year accuracy 7 / 10 met price target	59% downside $1	Underperform Downgraded	15 Nov 2024
Macquarie Tim Nollen 68% 1-year accuracy 27 / 40 met price target	19% downside $2	Neutral Maintained	7 Nov 2024
Craig-Hallum Anthony Stoss 51% 1-year accuracy 18 / 35 met price target	63% upside $4	Buy Maintained	7 Nov 2024