Oppenheimer analyst Timothy Horan maintained a Buy rating on Digital Turbine (NASDAQ:APPS) on Monday, setting a price target of $100, which is approximately 23.46% above the present share price of $81.
Horan expects Digital Turbine to post earnings per share (EPS) of $0.16 for the first quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Digital Turbine, with an average price target of $87.5.
The analysts price targets range from a high of $100 to a low of $65.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $88.59 million and a net profit of $20.52 million. The company's market cap is $7.24 billion.
According to TipRanks.com, Oppenheimer analyst Timothy Horan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.1% and a 65.39% 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.