Digital Turbine (NASDAQ:APPS) Trading Up 4.4% – Still a Buy?

Posted by George Bondi on Sep 12th, 2026

Shares of Digital Turbine, Inc. (NASDAQ:APPS – Get Free Report) traded up 4.4% on Thursday . The company traded as high as $11.55 and last traded at $11.55. 620,429 shares were traded during mid-day trading, a decline of 84% from the average session volume of 3,994,986 shares. The stock had previously closed at $11.06.

Wall Street Analysts Forecast Growth

APPS has been the subject of a number of recent analyst reports. Benchmark upped their target price on Digital Turbine from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Weiss Ratings reissued a “sell (e+)” rating on shares of Digital Turbine in a research report on Wednesday, September 2nd. Wall Street Zen upgraded shares of Digital Turbine from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 29th. Bank of America raised shares of Digital Turbine from a “neutral” rating to a “buy” rating and set a $7.50 price objective for the company in a report on Wednesday, May 27th. Finally, Craig Hallum reaffirmed a “buy” rating and set a $18.00 price objective on shares of Digital Turbine in a report on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Digital Turbine currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.75.

Check Out Our Latest Stock Report on APPS

Digital Turbine Stock Up 0.1%

The company has a debt-to-equity ratio of 1.80, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market capitalization of $1.43 billion, a P/E ratio of -45.42, a price-to-earnings-growth ratio of 0.50 and a beta of 2.87. The business has a 50 day moving average price of $10.61 and a 200 day moving average price of $7.31.

Digital Turbine (NASDAQ:APPS – Get Free Report) last announced its earnings results on Tuesday, August 4th. The software maker reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.05. Digital Turbine had a positive return on equity of 38.34% and a negative net margin of 4.46%.The firm had revenue of $165.98 million during the quarter, compared to the consensus estimate of $149.98 million. On average, analysts predict that Digital Turbine, Inc. will post 0.75 earnings per share for the current year.

Institutional Trading of Digital Turbine

Hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Digital Turbine by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 57,539 shares of the software maker’s stock valued at $156,000 after buying an additional 2,449 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Digital Turbine by 74.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,021,687 shares of the software maker’s stock worth $2,774,000 after buying an additional 437,310 shares in the last quarter. Strs Ohio acquired a new stake in Digital Turbine during the first quarter worth about $41,000. Creative Planning grew its position in Digital Turbine by 39.2% during the second quarter. Creative Planning now owns 21,289 shares of the software maker’s stock worth $126,000 after buying an additional 5,991 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Digital Turbine by 272.0% during the second quarter. JPMorgan Chase & Co. now owns 686,327 shares of the software maker’s stock valued at $4,049,000 after acquiring an additional 501,829 shares during the period. 63.66% of the stock is owned by institutional investors.

Digital Turbine Company Profile

(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.