Digital Turbine Reports Fiscal 2024 Fourth Quarter and Fiscal Year 2024 Financial Results

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BofA Securities Reiterates Neutral Rating on Digital Turbine (APPS)

May 29, 2024 6:39 AM EDT

BofA Securities analyst Omar Dessouky reiterated a Neutral rating and $3.00 price target on Digital Turbine (NASDAQ: APPS).

The analyst comments "4FQ Revenue of $112mn was below BofA/Street/Guide ($118mn), though EBITDA margin exceeded expectations on cost discipline. The revenue miss was... More

Digital Turbine (APPS) PT Lowered to $2.50 at Roth/MKM

May 29, 2024 4:54 AM EDT

Roth/MKM analyst Darren Aftahi lowered the price target on Digital Turbine (NASDAQ: APPS) to $2.50 (from $3.00) while maintaining a Neutral rating.

The analyst comments "Mixed results for APPS with weak U.S. device sales remaining a major headwind. FY25 guidance shows... More