(APPS) Digital Turbine - Overview
Exchange: NASDAQ •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US25400W1027
Stock: Mobile Advertising, App Monetization, User Acquisition, Content Delivery, DSP
Total Rating 34
Risk 28
Buy Signal -1.48
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 85.0% |
| Relative Tail Risk | -17.1% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.30 |
| Alpha | 32.30 |
| Character TTM | |
|---|---|
| Beta | 2.338 |
| Beta Downside | 1.908 |
| Drawdowns 3y | |
|---|---|
| Max DD | 91.61% |
| CAGR/Max DD | -0.33 |
Description: APPS Digital Turbine December 25, 2025
Digital Turbine (NASDAQ: APPS) runs a mobile-growth platform that serves advertisers, publishers, carriers and OEMs through two business lines: On-Device Solutions, which embed its software directly into smartphones and other devices, and the App Growth Platform, which powers app discovery, user-acquisition and monetization for developers.
Key recent metrics show the company’s total addressable market expanding: 2023 revenue grew 23% YoY to $1.2 billion, with monthly active users (MAUs) on its platform reaching ~1.4 billion, and the on-device install base surpassing 1 billion devices. The sector is being driven by rising mobile ad spend (projected to exceed $300 billion globally in 2025) and carrier-level OEM partnerships that lock in pre-installed software, creating high-margin, recurring revenue streams.
For a deeper dive into how Digital Turbine’s valuation compares to peers, you might explore the analytics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: -70.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 2.51 > 1.0 |
| NWC/Revenue: 4.75% < 20% (prev 4.13%; Δ 0.61% < -1%) |
| CFO/TA 0.05 > 3% & CFO 42.2m > Net Income -70.2m |
| Net Debt (365.6m) to EBITDA (51.0m): 7.18 < 3 |
| Current Ratio: 1.10 > 1.5 & < 3 |
| Outstanding Shares: last quarter (106.6m) vs 12m ago 3.48% < -2% |
| Gross Margin: 45.83% > 18% (prev 0.44%; Δ 4538 % > 0.5%) |
| Asset Turnover: 62.01% > 50% (prev 58.03%; Δ 3.97% > 0%) |
| Interest Coverage Ratio: -1.08 > 6 (EBITDA TTM 51.0m / Interest Expense TTM 35.5m) |
Altman Z'' -4.20
| A: 0.03 (Total Current Assets 269.0m - Total Current Liabilities 244.5m) / Total Assets 818.7m |
| B: -0.88 (Retained Earnings -722.9m / Total Assets 818.7m) |
| C: -0.05 (EBIT TTM -38.5m / Avg Total Assets 831.6m) |
| D: -1.15 (Book Value of Equity -772.2m / Total Liabilities 670.5m) |
| Altman-Z'' Score: -4.20 = D |
Beneish M -3.14
| DSRI: 1.07 (Receivables 215.6m/191.6m, Revenue 515.6m/490.1m) |
| GMI: 0.97 (GM 45.83% / 44.49%) |
| AQI: 0.94 (AQ_t 0.60 / AQ_t-1 0.64) |
| SGI: 1.05 (Revenue 515.6m / 490.1m) |
| TATA: -0.14 (NI -70.2m - CFO 42.2m) / TA 818.7m) |
| Beneish M-Score: -3.14 (Cap -4..+1) = AA |
What is the price of APPS shares?
As of February 09, 2026, the stock is trading at USD 4.15 with a total of 4,736,085 shares traded.
Over the past week, the price has changed by -17.66%, over one month by -15.48%, over three months by -29.90% and over the past year by -22.86%.
Over the past week, the price has changed by -17.66%, over one month by -15.48%, over three months by -29.90% and over the past year by -22.86%.
Is APPS a buy, sell or hold?
Digital Turbine has received a consensus analysts rating of 3.50.
Therefor, it is recommend to hold APPS.
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the APPS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 8.8 | 110.8% |
| Analysts Target Price | 8.8 | 110.8% |
| ValueRay Target Price | 3.2 | -23.4% |
APPS Fundamental Data Overview February 03, 2026
P/E Forward = 7.4349
P/S = 1.1149
P/B = 3.9624
P/EG = 0.6925
Revenue TTM = 515.6m USD
EBIT TTM = -38.5m USD
EBITDA TTM = 51.0m USD
Long Term Debt = 393.8m USD (from longTermDebt, last quarter)
Short Term Debt = 6.12m USD (from shortTermDebt, last quarter)
Debt = 404.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 365.6m USD (from netDebt column, last quarter)
Enterprise Value = 951.0m USD (585.4m + Debt 404.9m - CCE 39.3m)
Interest Coverage Ratio = -1.08 (Ebit TTM -38.5m / Interest Expense TTM 35.5m)
EV/FCF = 69.84x (Enterprise Value 951.0m / FCF TTM 13.6m)
FCF Yield = 1.43% (FCF TTM 13.6m / Enterprise Value 951.0m)
FCF Margin = 2.64% (FCF TTM 13.6m / Revenue TTM 515.6m)
Net Margin = -13.61% (Net Income TTM -70.2m / Revenue TTM 515.6m)
Gross Margin = 45.83% ((Revenue TTM 515.6m - Cost of Revenue TTM 279.3m) / Revenue TTM)
Gross Margin QoQ = 47.34% (prev 47.34%)
Tobins Q-Ratio = 1.16 (Enterprise Value 951.0m / Total Assets 818.7m)
Interest Expense / Debt = 2.17% (Interest Expense 8.79m / Debt 404.9m)
Taxrate = 21.0% (US default 21%)
NOPAT = -30.4m (EBIT -38.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.10 (Total Current Assets 269.0m / Total Current Liabilities 244.5m)
Debt / Equity = 2.73 (Debt 404.9m / totalStockholderEquity, last quarter 148.1m)
Debt / EBITDA = 7.18 (Net Debt 365.6m / EBITDA 51.0m)
Debt / FCF = 26.85 (Net Debt 365.6m / FCF TTM 13.6m)
Total Stockholder Equity = 154.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -8.44% (Net Income -70.2m / Total Assets 818.7m)
RoE = -45.42% (Net Income TTM -70.2m / Total Stockholder Equity 154.5m)
RoCE = -7.02% (EBIT -38.5m / Capital Employed (Equity 154.5m + L.T.Debt 393.8m))
RoIC = -5.45% (negative operating profit) (NOPAT -30.4m / Invested Capital 557.8m)
WACC = 9.29% (E(585.4m)/V(990.3m) * Re(14.53%) + D(404.9m)/V(990.3m) * Rd(2.17%) * (1-Tc(0.21)))
Discount Rate = 14.53% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.73%
[DCF Debug] Terminal Value 64.61% ; FCFF base≈13.6m ; Y1≈8.94m ; Y5≈4.08m
Fair Price DCF = N/A (negative equity: EV 65.2m - Net Debt 365.6m = -300.4m; debt exceeds intrinsic value)
EPS Correlation: -85.72 | EPS CAGR: -59.59% | SUE: -3.21 | # QB: 0
Revenue Correlation: -81.33 | Revenue CAGR: -12.59% | SUE: 0.26 | # QB: 0
EPS next Year (2027-03-31): EPS=0.65 | Chg30d=-0.085 | Revisions Net=+1 | Growth EPS=+98.5% | Growth Revenue=+11.8%
P/S = 1.1149
P/B = 3.9624
P/EG = 0.6925
Revenue TTM = 515.6m USD
EBIT TTM = -38.5m USD
EBITDA TTM = 51.0m USD
Long Term Debt = 393.8m USD (from longTermDebt, last quarter)
Short Term Debt = 6.12m USD (from shortTermDebt, last quarter)
Debt = 404.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 365.6m USD (from netDebt column, last quarter)
Enterprise Value = 951.0m USD (585.4m + Debt 404.9m - CCE 39.3m)
Interest Coverage Ratio = -1.08 (Ebit TTM -38.5m / Interest Expense TTM 35.5m)
EV/FCF = 69.84x (Enterprise Value 951.0m / FCF TTM 13.6m)
FCF Yield = 1.43% (FCF TTM 13.6m / Enterprise Value 951.0m)
FCF Margin = 2.64% (FCF TTM 13.6m / Revenue TTM 515.6m)
Net Margin = -13.61% (Net Income TTM -70.2m / Revenue TTM 515.6m)
Gross Margin = 45.83% ((Revenue TTM 515.6m - Cost of Revenue TTM 279.3m) / Revenue TTM)
Gross Margin QoQ = 47.34% (prev 47.34%)
Tobins Q-Ratio = 1.16 (Enterprise Value 951.0m / Total Assets 818.7m)
Interest Expense / Debt = 2.17% (Interest Expense 8.79m / Debt 404.9m)
Taxrate = 21.0% (US default 21%)
NOPAT = -30.4m (EBIT -38.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.10 (Total Current Assets 269.0m / Total Current Liabilities 244.5m)
Debt / Equity = 2.73 (Debt 404.9m / totalStockholderEquity, last quarter 148.1m)
Debt / EBITDA = 7.18 (Net Debt 365.6m / EBITDA 51.0m)
Debt / FCF = 26.85 (Net Debt 365.6m / FCF TTM 13.6m)
Total Stockholder Equity = 154.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -8.44% (Net Income -70.2m / Total Assets 818.7m)
RoE = -45.42% (Net Income TTM -70.2m / Total Stockholder Equity 154.5m)
RoCE = -7.02% (EBIT -38.5m / Capital Employed (Equity 154.5m + L.T.Debt 393.8m))
RoIC = -5.45% (negative operating profit) (NOPAT -30.4m / Invested Capital 557.8m)
WACC = 9.29% (E(585.4m)/V(990.3m) * Re(14.53%) + D(404.9m)/V(990.3m) * Rd(2.17%) * (1-Tc(0.21)))
Discount Rate = 14.53% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.73%
[DCF Debug] Terminal Value 64.61% ; FCFF base≈13.6m ; Y1≈8.94m ; Y5≈4.08m
Fair Price DCF = N/A (negative equity: EV 65.2m - Net Debt 365.6m = -300.4m; debt exceeds intrinsic value)
EPS Correlation: -85.72 | EPS CAGR: -59.59% | SUE: -3.21 | # QB: 0
Revenue Correlation: -81.33 | Revenue CAGR: -12.59% | SUE: 0.26 | # QB: 0
EPS next Year (2027-03-31): EPS=0.65 | Chg30d=-0.085 | Revisions Net=+1 | Growth EPS=+98.5% | Growth Revenue=+11.8%