Digital Turbine, Inc. (APPS) Stock Price & Analysis
Digital Turbine, Inc. (APPS) is trading at USD 10.41, up 5.05% today, as of October 29, 2026 at 19:31 UTC (US market open; quotes may be delayed), according to Nexqual market data.
APPS last closed at USD 9.91; today's session has ranged USD 9.9–10.67 on volume of 1,894,515 shares. Market capitalization is $1.27B, with a 52-week range of USD 2.74–15.34 (NCM). Source: Nexqual, retrieved October 29, 2026 at 19:31 UTC.
Also available as compact Markdown for AI agents: nexqual.com/APPS.md
Key facts (APPS)
- Last four reported quarters (through Jun 30, 2026): revenue $600M, net income -$35.0M (-5.8% margin) (SEC filings).
- Analysts: Buy (mean 1.75 on a 1–5 scale) (4 analysts), mean target USD 17 (range 15–19).
- Total return with dividends: 1Y +66.3% vs S&P 500 +12.9%; 5Y -87.9% vs S&P 500 +78.8%.
- Next earnings: 2026-11-02, EPS estimate USD 0.17, revenue estimate $167M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (APPS)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $748M | $666M | $544M | $491M | $565M | $600M |
| Gross profit | $377M | $357M | $282M | $255M | $322M | — |
| Operating income | $92.2M | $46.2M | -$374M | -$54.1M | $34.0M | $61.8M |
| Net income | $35.5M | $16.7M | -$420M | -$92.1M | -$37.7M | -$35.0M |
| EPS (diluted) | $0.35 | $0.16 | -$4.16 | -$0.89 | -$0.33 | — |
| Free cash flow | — | — | $4.4M | -$15.6M | $11.2M | — |
| Gross margin | 50.4% | 53.6% | 51.8% | 52.0% | 56.9% | — |
| Operating margin | 12.3% | 6.9% | -68.8% | -11.0% | 6.0% | 10.3% |
| Net margin | 4.8% | 2.5% | -77.2% | -18.8% | -6.7% | -5.8% |
| Revenue growth | +138.4% | -10.9% | -18.2% | -9.9% | +15.2% | — |
| Cash + short-term investments | $127M | $75.1M | $32.9M | $39.4M | $37.7M | — |
| Total debt | $533M | $411M | $383M | $409M | $361M | — |
Fiscal years end Mar. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (APPS)
P/S 2.1x · EV/EBITDA 14.7x · EV/Sales 2.6x · P/B 6.7x · Earnings yield -2.76% · Net debt $310M · EV $1.58B
Analysts (APPS)
Consensus Buy (mean 1.75 on a 1–5 scale), 4 analysts; mean target USD 17 (low 15, high 19).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-01 | RBC Capital | Initiated | Outperform | $15 |
| 2026-08-05 | Benchmark | Target raised | Buy | $15 → $16 |
| 2026-07-22 | Benchmark | Initiated | Buy | $15 |
| 2026-07-21 | Roth Capital | Initiated | Buy | $11.5 |
Total return (dividends reinvested) (APPS)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +66.3% | -87.9% |
| S&P 500 (SPY) | +12.9% | +78.8% |
| Per year | +66.3% | -34.4% |
| Volatility (annualized) | 93.1% | 105.8% |
| Max drawdown | -61.3% (Nov 2025→Apr 2026) | -98.5% (Oct 2021→Nov 2024) |
APPS earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 4, 2026 | Quarter ended Jun 30, 2026 | $0.19 | $0.14 | Beat +35.7% | +46.3% |
| May 26, 2026 | Quarter ended Mar 31, 2026 | $0.16 | $0.09 | Beat +77.8% | +46.8% |
| Feb 3, 2026 | Quarter ended Dec 31, 2025 | $0.18 | $0.12 | Beat +50.0% | -6.9% |
| Nov 4, 2025 | Quarter ended Sep 30, 2025 | $0.15 | $0.05 | Beat +200.0% | +15.5% |
| Aug 5, 2025 | — | — | — | — | -18.3% |
| Jun 16, 2025 | — | — | — | — | +61.1% |
| Feb 5, 2025 | — | — | — | — | +101.2% |
| Nov 6, 2024 | — | — | — | — | -44.9% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
APPS recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 1, 2026 | 8-K | Other material event “On October 1, 2026, Digital Turbine, Inc. (the "Company") filed a universal shelf registration statement on Form S-3ASR (File No. 333-299236) (the "Registration Statement") and a Rule 424(b)(7) resale shelf prospectus supplement to the Registration Statement (the "Prospectus Supplement") with the Securities and Exchange Commission under the Securities Act of 1933, as amended. The Prospectus Supplement covers 1,222,418 shares of the Company's common stock, par value $0.0001 per share, that may be sold from time to…” |
| Sep 24, 2026 | 8-K | Director or executive officer change, or pay arrangement “(b) On September 23, 2026, Michael Akkerman, Chief Business Officer of Digital Turbine, Inc. (the "Company"), resigned his position with the Company to accept a Chief Executive Officer opportunity with another company. His resignation is effective October 30, 2026.” |
| Sep 8, 2026 | 8-K | Director or executive officer change, or pay arrangement “On September 1, 2026, the Board of Directors of Digital Turbine, Inc. (the "Company") and the Compensation and Human Capital Management Committee of the Company (the "Compensation Committee") approved the grant of fiscal year 2027 long-term incentive awards (the "FY2027 LTI Awards") to the Company's named executive officers under the Company's 2020 Equity Incentive Plan, as amended. The FY2027 LTI Awards have a grant date of September 2, 2026 and consist of performance-based restricted stock units ("PSUs") and…” |
| Aug 25, 2026 | 8-K | Director or executive officer change, or pay arrangement; Shareholder vote results “(e) On August 25, 2026, at the annual stockholders meeting of Digital Turbine, Inc. (the "Company"), the Company's stockholders approved a fourth amendment (the "Fourth Amendment") to the Company's 2020 Equity Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder by 10,630,000 shares, from 20,560,000 shares to 31,190,000 shares and to make certain other changes.” |
| Aug 11, 2026 | Schedule 13G/A | Granahan Investment Management LLC: 2.9% of shares, passive 5%+ holder (amended) |
| Aug 5, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 5, 2026 | 8-K/A | Quarterly results |
| Aug 4, 2026 | 8-K | Quarterly results |
| Jul 27, 2026 | Schedule 13G | Orin Hirschman, AIGH Capital Management LLC: 5.4% of shares, passive 5%+ holder |
| Jul 13, 2026 | DEFA14A | Additional proxy material |
| Jul 13, 2026 | DEF 14A | Proxy statement (pay, board, votes) · period ended Mar 31, 2026 |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
APPS revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| ODS | $110.0M | 66.3% | +15.2% |
| AGP | $56.6M | 34.1% | +55.9% |
| Total revenue | $166.0M | 100% | — |
APPS revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| U.S. and Canada | $62.1M | 37.4% | +16.0% |
| APAC | $58.8M | 35.4% | +49.1% |
| EMEA | $43.5M | 26.2% | +16.3% |
| LATAM | $2.1M | 1.3% | +60.9% |
| Total revenue | $166.0M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
APPS suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | RBC Capital Markets | “On August 5, 2025, we entered into a Sales Agreement with RBC Capital Markets LLC and Craig-Hallum Capital Group LLC as our sales agents, pursuant to which we could offer and sell from time-to-time shares of our common stock under an at-the-market (ATM) program for aggregate gross proceeds of up to $150,000.” |
| Partner | Craig-Hallum Capital Group | “On August 5, 2025, we entered into a Sales Agreement with RBC Capital Markets LLC and Craig-Hallum Capital Group LLC as our sales agents, pursuant to which we could offer and sell from time-to-time shares of our common stock under an at-the-market (ATM) program for aggregate gross proceeds of up to $150,000.” |
| Competitor | Alphabet (Google) (GOOGL) | “•Our primary competition for ODS comes from the Google Play application store.” |
| Competitor | Meta Platforms (META) | “Broadly, our ODS platform faces competition from existing operator solutions built internally, as well as companies providing application and content media products and services, such as Facebook, Snapchat, Unity Software, lnMobi, Magnite, AppLovin, and others.” |
| Competitor | AT&T (T) | “•We compete with other DSP providers, some of which are smaller, privately held companies, while others are large, well-established companies such as the Trade Desk, or divisions of large companies, such as AT&T, Google, and Adobe.” |
| Competitor | Adobe (ADBE) | “•We compete with other DSP providers, some of which are smaller, privately held companies, while others are large, well-established companies such as the Trade Desk, or divisions of large companies, such as AT&T, Google, and Adobe.” |
| Competitor | Baidu (BIDU) | “Broadly, our media distribution platform faces competition from existing operator solutions built internally, as well as companies providing application and content media products and services, such as: Facebook, Snapchat, Unity Software (ironSource), WPP, Omnicom, Criteo, QuinStreet, InMobi, Cheetah Mobile, Baidu, Tremor Video, Magnite, Brightcove, AppLovin, the Trade Desk, and others.” |
Quoted from the company's 10-K filed May 26, 2026.
APPS analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.17 | $0.17 | +2.0% | $166.9M | 3 |
| Next quarter (ends Dec 2026) | $0.20 | $0.21 | -6.3% | $173.4M | 3 |
| Current fiscal year (ends Mar 2027) | $0.71 | $0.73 | -3.2% | $665.2M | 3 |
| Next fiscal year (ends Mar 2028) | $0.94 | $0.98 | -4.2% | $743.5M | 3 |
APPS options: expected move
Options price a move of about ±26.0% (±$2.70) by Nov 20, 2026, which includes earnings on Nov 2, 2026. Over the last 8 reports the stock moved ±42.6% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 22 | 134.5% | ±26.0% |
| Dec 18, 2026 | 50 | 102.9% | ±29.8% |
| Jan 15, 2027 | 78 | 94.8% | ±34.2% |
| Mar 19, 2027 | 141 | 97.9% | ±46.9% |
| Jun 17, 2027 | 231 | 97.7% | ±59.0% |
30-day implied volatility 124.3% vs 81.1% realized over the last 30 trading days. Put/call ratio (volume) 0.55. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 19:31 UTC)
| Price | USD 10.41 |
|---|---|
| Change | ▲ 5.05% (up) |
| Previous Close | USD 9.91 |
| Open | USD 9.99 |
| Day Range | USD 9.9 – 10.67 |
| 52-Week Range | USD 2.74 – 15.34 |
| Volume | 1,894,515 shares |
| Market Cap | $1.27B |
| Exchange | NCM |
Technical Analysis (APPS)
Nexqual's technical model rates APPS "NEUTRAL" based on 2 bullish and 3 bearish signals across 128 daily candles, as of October 29, 2026 at 19:31 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 49.18 (neutral) |
| vs SMA50 | Below (USD 10.77) |
| MACD | -0.26 (negative) |
Analyst Ratings (APPS)
Wall Street analysts rate APPS "Buy" based on 4 analysts, with a mean price target of USD 17 (range USD 15–19), per Nexqual as of October 29, 2026 at 19:31 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 4 |
| Mean Target | USD 17 |
| High Target | USD 19 |
| Low Target | USD 15 |
| Buy / Hold / Sell | 4 / 0 / 0 |
Earnings (APPS)
| Next Earnings Date | 2026-11-02 |
|---|---|
| EPS Estimate | USD 0.17 |
| Revenue Estimate | $166.89M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.19 vs est 0.14 ▲ beat |
| 2026-03-31 | USD 0.16 vs est 0.09 ▲ beat |
| 2025-12-31 | USD 0.18 vs est 0.12 ▲ beat |
| 2025-09-30 | USD 0.15 vs est 0.05 ▲ beat |
Source: Nexqual, October 29, 2026 at 19:31 UTC.
Financials & Fundamentals (APPS)
| Total Revenue | $600.31M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +26.80% |
| Gross Margin | +49.08% |
| Operating Margin | +13.89% |
| Profit Margin | -5.82% |
| ROE | -20.39% |
| Debt / Equity | 1.87 |
| Current Ratio | 1.21 |
| Total Cash | $42.93M |
| Total Debt | $356.09M |
| Free Cash Flow (fiscal year ended Mar 2026, SEC 10-K) | $11.19M (2.0% of revenue) |
Source: Nexqual, October 29, 2026 at 19:31 UTC.
Financial Health Score (APPS)
Nexqual rates Digital Turbine, Inc.'s overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 19:31 UTC.
| Growth | Strong — Revenue +15% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 57%, operating 10% (last 4 quarters to Jun 2026, SEC) |
| Balance Sheet | Weak — $43M cash and investments vs $353M debt (Jun 2026, SEC) |
| Cash Flow | Mixed — FCF $11M (FY ended Mar 2026, 10-K), slim 2.0% margin |
| Efficiency | Critical — ROE -18%, ROA -4.1% (last 4 quarters, SEC) |
Ownership (APPS)
| Insider Ownership | +5.28% |
|---|---|
| Institutional Ownership | +69.46% |
| Shares Outstanding | 121.72M |
| Float | 109.13M |
| Short % of Float | +9.89% |
Source: Nexqual, October 29, 2026 at 19:31 UTC.
Leadership (APPS)
Digital Turbine, Inc. is led by William Gordon Stone, CEO & Director, per Nexqual as of October 29, 2026 at 19:31 UTC.
| CEO & Director | William Gordon Stone |
|---|---|
| Interim CFO & Chief Accounting Officer | Joshua Kinsell |
| Chief Technology Officer | Benneaser John |
Major Backers & Investors (APPS)
Notable institutional backers of Digital Turbine, Inc. include AIGH Capital Management LLC, Shaw D.E. & Co., Inc., Granahan Investment Management LLC, according to Nexqual as of October 29, 2026 at 19:31 UTC.
Active Investors
| Investor | Stake |
|---|---|
| AIGH Capital Management LLC | 5.41% |
| Shaw D.E. & Co., Inc. | 4.19% |
| Granahan Investment Management LLC | 2.89% |
| Two Sigma Investments, LP | 2.32% |
| Bank of America Corporation | 2.16% |
| Invesco | 1.23% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 7.73% |
| Vanguard Group | 7.69% |
| Geode Capital | 2.41% |
| State Street | 2.19% |
Source: Nexqual, October 29, 2026 at 19:31 UTC.
From Digital Turbine, Inc.'s Latest SEC 10-K Filing (filed 2026-05-26)
Key Strengths & Strategy (as disclosed to the SEC)
- The Company offers end-to-end products and solutions leveraging proprietary technology to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers.
- We have patents and patent applications in the U.S. and outside the U.S., including in Israel and Canada, and we own and use trademarks and service marks on or in connection with our proprietary technology and related services, including both unregistered common law marks and issued trademark registrations.
- We consider our trademarks, copyrights, trade secrets, patents, and other intellectual property rights, including those in our know-how, and the software code of our proprietary technology to be, in the aggregate, material to our business.
- We design, test, and update our products, services, and websites regularly, and we have developed our proprietary solutions in-house.
Legal & Regulatory Risks (Item 1A, quoted)
- The development and use of AI in our business, combined with an uncertain regulatory environment, may adversely affect our business, reputation, financial condition, or results of operations.
- We may be subject to legal liability (including potential issues with the use of intellectual property) associated with providing mobile and online services.
- Adverse changes in the geopolitical relationship between the U.S. and China or changes in China's economic and regulatory landscape could have an adverse effect on business conditions.
- Risks Related to Laws and Regulations
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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| IDCC | InterDigital, Inc. | USD 334.84 | ▲ 4.45% |
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 19:31 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt