(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 28
Risk 36
Buy Signal -0.13
| Risk 5d forecast | |
|---|---|
| Volatility | 87.1% |
| Relative Tail Risk | -17.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.34 |
| Alpha | -37.03 |
| Character TTM | |
|---|---|
| Beta | 2.266 |
| Beta Downside | 1.940 |
| Drawdowns 3y | |
|---|---|
| Max DD | 91.61% |
| CAGR/Max DD | -0.31 |
EPS (Earnings per Share)
Revenue
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: -41.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 2.80 > 1.0 |
| NWC/Revenue: 5.62% < 20% (prev 2.50%; Δ 3.12% < -1%) |
| CFO/TA 0.05 > 3% & CFO 46.0m > Net Income -41.9m |
| Net Debt (326.7m) to EBITDA (82.4m): 3.97 < 3 |
| Current Ratio: 1.10 > 1.5 & < 3 |
| Outstanding Shares: last quarter (120.5m) vs 12m ago 15.68% < -2% |
| Gross Margin: 60.06% > 18% (prev 0.43%; Δ 5963 % > 0.5%) |
| Asset Turnover: 62.71% > 50% (prev 60.26%; Δ 2.46% > 0%) |
| Interest Coverage Ratio: -0.09 > 6 (EBITDA TTM 82.4m / Interest Expense TTM 45.2m) |
Altman Z'' -3.75
| A: 0.03 (Total Current Assets 318.1m - Total Current Liabilities 288.1m) / Total Assets 858.2m |
| B: -0.84 (Retained Earnings -717.8m / Total Assets 858.2m) |
| C: -0.00 (EBIT TTM -3.99m / Avg Total Assets 848.9m) |
| D: -1.16 (Book Value of Equity -770.4m / Total Liabilities 663.6m) |
| Altman-Z'' Score: -3.75 = D |
Beneish M -3.27
| DSRI: 1.17 (Receivables 245.3m/199.5m, Revenue 532.4m/506.0m) |
| GMI: 0.72 (GM 60.06% / 43.44%) |
| AQI: 0.90 (AQ_t 0.56 / AQ_t-1 0.63) |
| SGI: 1.05 (Revenue 532.4m / 506.0m) |
| TATA: -0.10 (NI -41.9m - CFO 46.0m) / TA 858.2m) |
| Beneish M-Score: -3.27 (Cap -4..+1) = AA |
What is the price of APPS shares?
As of February 11, 2026, the stock is trading at USD 4.67 with a total of 4,374,159 shares traded.
Over the past week, the price has changed by -5.47%, over one month by -5.47%, over three months by -21.11% and over the past year by -13.20%.
Over the past week, the price has changed by -5.47%, over one month by -5.47%, over three months by -21.11% and over the past year by -13.20%.
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 | 87.4% |
| Analysts Target Price | 8.8 | 87.4% |
| ValueRay Target Price | 3.7 | -20.8% |
APPS Fundamental Data Overview February 11, 2026
P/E Forward = 7.4349
P/S = 0.978
P/B = 2.7287
P/EG = 0.6925
Revenue TTM = 532.4m USD
EBIT TTM = -3.99m USD
EBITDA TTM = 82.4m USD
Long Term Debt = 350.3m USD (from longTermDebt, last quarter)
Short Term Debt = 7.94m USD (from shortTermDebt, last quarter)
Debt = 367.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 326.7m USD (from netDebt column, last quarter)
Enterprise Value = 856.7m USD (530.0m + Debt 367.1m - CCE 40.4m)
Interest Coverage Ratio = -0.09 (Ebit TTM -3.99m / Interest Expense TTM 45.2m)
EV/FCF = 51.33x (Enterprise Value 856.7m / FCF TTM 16.7m)
FCF Yield = 1.95% (FCF TTM 16.7m / Enterprise Value 856.7m)
FCF Margin = 3.13% (FCF TTM 16.7m / Revenue TTM 532.4m)
Net Margin = -7.88% (Net Income TTM -41.9m / Revenue TTM 532.4m)
Gross Margin = 60.06% ((Revenue TTM 532.4m - Cost of Revenue TTM 212.6m) / Revenue TTM)
Gross Margin QoQ = 91.94% (prev 47.34%)
Tobins Q-Ratio = 1.00 (Enterprise Value 856.7m / Total Assets 858.2m)
Interest Expense / Debt = 4.79% (Interest Expense 17.6m / Debt 367.1m)
Taxrate = 38.79% (3.24m / 8.34m)
NOPAT = -2.44m (EBIT -3.99m * (1 - 38.79%)) [loss with tax shield]
Current Ratio = 1.10 (Total Current Assets 318.1m / Total Current Liabilities 288.1m)
Debt / Equity = 1.89 (Debt 367.1m / totalStockholderEquity, last quarter 194.6m)
Debt / EBITDA = 3.97 (Net Debt 326.7m / EBITDA 82.4m)
Debt / FCF = 19.57 (Net Debt 326.7m / FCF TTM 16.7m)
Total Stockholder Equity = 162.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -4.94% (Net Income -41.9m / Total Assets 858.2m)
RoE = -25.84% (Net Income TTM -41.9m / Total Stockholder Equity 162.2m)
RoCE = -0.78% (EBIT -3.99m / Capital Employed (Equity 162.2m + L.T.Debt 350.3m))
RoIC = -0.44% (negative operating profit) (NOPAT -2.44m / Invested Capital 552.3m)
WACC = 9.63% (E(530.0m)/V(897.1m) * Re(14.27%) + D(367.1m)/V(897.1m) * Rd(4.79%) * (1-Tc(0.39)))
Discount Rate = 14.27% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 8.13%
[DCF Debug] Terminal Value 63.23% ; FCFF base≈16.7m ; Y1≈11.0m ; Y5≈5.00m
Fair Price DCF = N/A (negative equity: EV 76.3m - Net Debt 326.7m = -250.4m; debt exceeds intrinsic value)
EPS Correlation: -69.00 | EPS CAGR: -18.63% | SUE: 1.60 | # QB: 2
Revenue Correlation: -63.65 | Revenue CAGR: -5.09% | SUE: 0.46 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.09 | Chg30d=N/A | Revisions Net=-1 | Analysts=1
EPS next Year (2027-03-31): EPS=0.62 | Chg30d=-0.020 | Revisions Net=-1 | Growth EPS=+58.2% | Growth Revenue=+11.3%
P/S = 0.978
P/B = 2.7287
P/EG = 0.6925
Revenue TTM = 532.4m USD
EBIT TTM = -3.99m USD
EBITDA TTM = 82.4m USD
Long Term Debt = 350.3m USD (from longTermDebt, last quarter)
Short Term Debt = 7.94m USD (from shortTermDebt, last quarter)
Debt = 367.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 326.7m USD (from netDebt column, last quarter)
Enterprise Value = 856.7m USD (530.0m + Debt 367.1m - CCE 40.4m)
Interest Coverage Ratio = -0.09 (Ebit TTM -3.99m / Interest Expense TTM 45.2m)
EV/FCF = 51.33x (Enterprise Value 856.7m / FCF TTM 16.7m)
FCF Yield = 1.95% (FCF TTM 16.7m / Enterprise Value 856.7m)
FCF Margin = 3.13% (FCF TTM 16.7m / Revenue TTM 532.4m)
Net Margin = -7.88% (Net Income TTM -41.9m / Revenue TTM 532.4m)
Gross Margin = 60.06% ((Revenue TTM 532.4m - Cost of Revenue TTM 212.6m) / Revenue TTM)
Gross Margin QoQ = 91.94% (prev 47.34%)
Tobins Q-Ratio = 1.00 (Enterprise Value 856.7m / Total Assets 858.2m)
Interest Expense / Debt = 4.79% (Interest Expense 17.6m / Debt 367.1m)
Taxrate = 38.79% (3.24m / 8.34m)
NOPAT = -2.44m (EBIT -3.99m * (1 - 38.79%)) [loss with tax shield]
Current Ratio = 1.10 (Total Current Assets 318.1m / Total Current Liabilities 288.1m)
Debt / Equity = 1.89 (Debt 367.1m / totalStockholderEquity, last quarter 194.6m)
Debt / EBITDA = 3.97 (Net Debt 326.7m / EBITDA 82.4m)
Debt / FCF = 19.57 (Net Debt 326.7m / FCF TTM 16.7m)
Total Stockholder Equity = 162.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -4.94% (Net Income -41.9m / Total Assets 858.2m)
RoE = -25.84% (Net Income TTM -41.9m / Total Stockholder Equity 162.2m)
RoCE = -0.78% (EBIT -3.99m / Capital Employed (Equity 162.2m + L.T.Debt 350.3m))
RoIC = -0.44% (negative operating profit) (NOPAT -2.44m / Invested Capital 552.3m)
WACC = 9.63% (E(530.0m)/V(897.1m) * Re(14.27%) + D(367.1m)/V(897.1m) * Rd(4.79%) * (1-Tc(0.39)))
Discount Rate = 14.27% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 8.13%
[DCF Debug] Terminal Value 63.23% ; FCFF base≈16.7m ; Y1≈11.0m ; Y5≈5.00m
Fair Price DCF = N/A (negative equity: EV 76.3m - Net Debt 326.7m = -250.4m; debt exceeds intrinsic value)
EPS Correlation: -69.00 | EPS CAGR: -18.63% | SUE: 1.60 | # QB: 2
Revenue Correlation: -63.65 | Revenue CAGR: -5.09% | SUE: 0.46 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.09 | Chg30d=N/A | Revisions Net=-1 | Analysts=1
EPS next Year (2027-03-31): EPS=0.62 | Chg30d=-0.020 | Revisions Net=-1 | Growth EPS=+58.2% | Growth Revenue=+11.3%