Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Digital Turbine ( (APPS) ).
On August 5, 2025, Digital Turbine, Inc. entered into a Sales Agreement with RBC Capital Markets, LLC and Craig-Hallum Capital Group LLC to offer and sell up to $150 million of its common stock. The proceeds from this offering are intended for debt repayment and general corporate purposes, potentially impacting the company’s financial flexibility and growth strategy.
The most recent analyst rating on (APPS) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Digital Turbine stock, see the APPS Stock Forecast page.
Spark’s Take on APPS Stock
According to Spark, TipRanks’ AI Analyst, APPS is a Neutral.
Digital Turbine’s financial performance is weak due to declining revenue and profit margins, significantly impacting its overall score. However, positive technical indicators suggest potential for stock recovery. The earnings call provided a boost with strong revenue and EBITDA growth, but valuation concerns persist with a negative P/E ratio.
To see Spark’s full report on APPS stock, click here.
More about Digital Turbine
Digital Turbine, Inc. operates in the technology industry, primarily focusing on mobile software and advertising solutions. The company provides products and services that enhance mobile application discovery and engagement, catering to a diverse market that includes app developers, mobile operators, and device manufacturers.
Average Trading Volume: 6,052,889
Technical Sentiment Signal: Buy
Current Market Cap: $552.7M
See more data about APPS stock on TipRanks’ Stock Analysis page.