Fintel reports that on May 27, 2026, B of A Securities upgraded their outlook for Digital Turbine (NasdaqCM:APPS) from Neutral to Buy.
Analyst Price Forecast Suggests 33.61% Upside
As of May 14, 2026, the average one-year price target for Digital Turbine is $8.92/share. The forecasts range from a low of $7.58 to a high of $10.50. The average price target represents an increase of 33.61% from its latest reported closing price of $6.68 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Digital Turbine is 1,039MM, an increase of 83.81%. The projected annual non-GAAP EPS is 2.78.
What is the Fund Sentiment?
There are 203 funds or institutions reporting positions in Digital Turbine. This is an decrease of 85 owner(s) or 29.51% in the last quarter. Average portfolio weight of all funds dedicated to APPS is 0.04%, an increase of 55.99%. Total shares owned by institutions increased in the last three months by 0.86% to 81,245K shares. 
The put/call ratio of APPS is 0.26, indicating a bullish outlook.
What are Other Shareholders Doing?
Granahan Investment Management holds 7,112K shares representing 5.93% ownership of the company. In its prior filing, the firm reported owning 6,349K shares , representing an increase of 10.73%. The firm decreased its portfolio allocation in APPS by 27.12% over the last quarter.
AIGH Capital Management holds 4,896K shares representing 4.08% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
Vanguard Capital Management holds 4,672K shares representing 3.90% ownership of the company.
Vanguard Portfolio Management holds 3,986K shares representing 3.32% ownership of the company.
Bank Of America holds 3,619K shares representing 3.02% ownership of the company. In its prior filing, the firm reported owning 3,084K shares , representing an increase of 14.79%. The firm decreased its portfolio allocation in APPS by 82.95% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
