Roth Capital reinstates coverage of Digital Turbine with Buy rating and $19 price target
Roth Capital and its Roth/MKM team lifted their stance on Digital Turbine, issuing a Buy recommendation and setting a $19 price target. The analysts highlighted that the company's first‑quarter fiscal 2027 revenue rose 27% year over year, up from an 11% increase in the same quarter of fiscal 2026. They also noted the firm posted adjusted earnings of $0.19 per share on $166 million of revenue and reported $127.31 million of EBITDA over the trailing twelve months.
Why it matters
The upgraded rating and higher target suggest investors may anticipate stronger top‑line growth, which could support a rise in the stock price. The firm’s forecast of continued revenue expansion above 15% this year may also influence valuation models that currently price the company at a 1.86× price‑to‑sales multiple.
Key facts
- 1Roth Capital reinstated coverage of Digital Turbine with a Buy rating and a $19 price target. gurufocus.com
- 2Roth/MKM also resumed coverage, issuing a Buy rating and a $19 price target. investing.com
- 3First‑quarter fiscal 2027 revenue grew 27% compared with the prior year. investing.com
- 4Revenue growth in first‑quarter fiscal 2026 was 11%. investing.com
- 5Adjusted earnings for the quarter were $0.19 per share on revenue of $166 million. investing.com
- 6EBITDA for the last twelve months totaled $127.31 million. investing.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.