Digital Turbine Stock: potential of 80%
What's the idea? Despite the headwinds that the digital advertising market is facing, the industry can provide Digital Turbine with significant room for growth in the long term. SingleTap licenses have great potential as the solution increases app downloads and improves the return on investment (ROI) of advertising campaigns. Partnerships with major technology companies can ensure SingleTap's widespread adoption, which will lead to a significant increase in Digital Turbine's revenue. The company actively attracts foreign clients. Overseas, revenue per app user is lower than in the US, providing room for catch-up growth. The company has the potential for further profitability increase through revenue growth and improved operating leverage.
Digital Turbine trades at a discount to the industry average. According to the Wall Street consensus, the stock’s upside potential is 60.2%.