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Digital Turbine Inc (APPS) Stock: Do Analysts Think You Should Accumulate?

Friday, March 08, 2024 11:02 AM | InvestorsObserver Analysts

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Digital Turbine Inc (APPS) Stock: Do Analysts Think You Should Accumulate?

Wall Street is positive on Digital Turbine Inc (APPS). On average, analysts give Digital Turbine Inc a Buy rating. The average price target is $5.9, which means analysts expect the stock to rise by 84.38% over the next twelve months. That average ranking earns Digital Turbine Inc an Analyst Rating of 16, which is better than 16% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.3
Wall Street analysts are rating APPS a Buy today. Find out what this means to you and get the rest of the rankings on APPS!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Digital Turbine Inc Stock Today?

Digital Turbine Inc (APPS) stock is trading at $3.20 as of 10:55 AM on Friday, Mar 8, an increase of $0.13, or 4.07% from the previous closing price of $3.07. The stock has traded between $3.08 and $3.28 so far today. Volume today is light. So far 771,243 shares have traded compared to average volume of 2,882,311 shares. Click Here to get the full Stock Report for Digital Turbine Inc stock.

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