Canaccord Genuity analyst Austin Moldow maintained a Buy rating on Digital Turbine (NASDAQ:APPS) Inc. on Sunday, setting a price target of $24, which is approximately 3.01% below the present share price of $24.75.
Moldow expects Digital Turbine Inc. to post earnings per share (EPS) of $0.16 for the third quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Digital Turbine, with an average price target of $23.8.
The analysts price targets range from a high of $25 to a low of $23.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $39.35 million and a net profit of $2.93 million. The company's market cap is $2.17 billion.
According to TipRanks.com, Canaccord Genuity analyst Austin Moldow is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.0% and a 43.64% success rate.
Digital Turbine, Inc. engages in the innovation of media and mobile communications which helps to deliver an end-to-end platform solution for mobile operators, application developers, device original equipment manufacturers (OEM), and other third parties. It operates through the Advertising segment, which is comprised of Operator and OEM (O&O) business. The O&O is an advertiser solution for unique and exclusive carrier and OEM inventory. The company was founded on November 6, 1998 and is headquartered in Austin, TX.