Digital Turbine (NASDAQ:APPS) Sets New 52-Week High – Here’s Why

Posted by George Bondi on Jul 2nd, 2026

Digital Turbine, Inc. (NASDAQ:APPS – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $13.55 and last traded at $13.31, with a volume of 4666698 shares traded. The stock had previously closed at $12.90.

Analysts Set New Price Targets

APPS has been the subject of several recent research reports. Zacks Research raised Digital Turbine from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 28th. Bank of America upgraded Digital Turbine from a “neutral” rating to a “buy” rating and set a $7.50 price objective for the company in a research report on Wednesday, May 27th. Weiss Ratings downgraded Digital Turbine from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, June 5th. Finally, Wall Street Zen upgraded Digital Turbine from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $8.75.

View Our Latest Analysis on APPS

Digital Turbine Stock Up 3.2%

The firm’s 50 day simple moving average is $6.96 and its 200 day simple moving average is $5.21. The company has a market cap of $1.61 billion, a price-to-earnings ratio of -36.97, a price-to-earnings-growth ratio of 1.00 and a beta of 2.75. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.84.

Digital Turbine (NASDAQ:APPS – Get Free Report) last issued its quarterly earnings data on Tuesday, May 26th. The software maker reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.07. Digital Turbine had a positive return on equity of 27.60% and a negative net margin of 6.68%.The business had revenue of $142.55 million during the quarter, compared to the consensus estimate of $133.22 million. Sell-side analysts anticipate that Digital Turbine, Inc. will post 0.68 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Essential Partners LLC lifted its stake in shares of Digital Turbine by 167.3% in the 1st quarter. Essential Partners LLC now owns 9,031 shares of the software maker’s stock worth $26,000 after acquiring an additional 5,652 shares during the period. Quarry LP lifted its position in shares of Digital Turbine by 1,323.4% during the 4th quarter. Quarry LP now owns 5,594 shares of the software maker’s stock valued at $28,000 after acquiring an additional 5,201 shares during the last quarter. Verus Capital Partners LLC bought a new stake in shares of Digital Turbine during the 1st quarter worth $35,000. Strs Ohio acquired a new position in shares of Digital Turbine in the 1st quarter worth $41,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Digital Turbine in the 4th quarter worth $44,000. 63.66% of the stock is owned by institutional investors and hedge funds.

About Digital Turbine

(Get Free Report)

Digital Turbine, Inc (NASDAQ: APPS) is a mobile technology company that streamlines content delivery and app advertising across connected devices. Its platform enables carriers, OEMs, app developers and advertisers to engage users through personalized app recommendations, in-app promotions and turnkey monetization solutions. By integrating software directly on smartphones and tablets, Digital Turbine simplifies the user journey from discovery to installation without requiring additional downloads or redirects through traditional app stores.

The company’s flagship Ignite Platform offers end-to-end campaign management, combining demand-side advertising, real-time analytics and automated content fulfillment.