The consensus price target hints at a 28% upside potential for Digital Turbine (APPS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Investors interested in Internet - Software stocks are likely familiar with Digital Turbine (APPS) and Spotify (SPOT). But which of these two companies is the best option for those looking for undervalued stocks?
Digital Turbine delivered a standout Q1 FY27, with 27% revenue growth and 217% non-GAAP EPS growth, beating consensus estimates. APPS raised FY27 guidance, now targeting $650–$670M revenue and $145–$155M adjusted EBITDA, citing AI-driven gains and international expansion. Valuation remains reasonable at 19.6x FY27E EPS, with consensus expecting 29.5% EPS growth and ongoing margin expansion supporting the investment case.
Tim Bohen from StocksToTrade.com has his eyes on three technology names for today's Big 3. First, Digital Turbine (APPS), where he says reports of the company's demise may have been "greatly exaggerated" as it trades to a 3-year high.
Digital Turbine (APPS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.