2024-02-12 17:42:16 ET
Summary
- Digital Turbine provides a platform for growth and monetization in the mobile ecosystem, connecting advertisers, publishers, carriers, and device makers.
- The stock has experienced extreme volatility, reaching an all-time high of over $85 in 2021 but currently trading around $3.8, losing over 90% of its value.
- Despite projected 22% upside, I rate the stock neutral. Uncertainties in the ad spend environment and execution are among the identifiable key risk factors potentially outweighing reward.
Digital Turbine ( APPS ) provides a platform for growth and monetization in the mobile ecosystem. They connect advertisers, publishers, carriers, and device makers through a full ad stack and proprietary technology. The company generates revenues from two main businesses, ODS/On-Device Solution and AGP / App Growth Platform....
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For further details see:
Digital Turbine: Still High Uncertainty Despite New Overseas Partnerships