Digital Turbine (NASDAQ:APPS) Rating Lowered to Buy at Wall Street Zen

Posted by Francis Steltz on Nov 10th, 2026

Digital Turbine (NASDAQ:APPS – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Sunday, Wall Street Zen reports.

Several other research analysts also recently commented on the company. Zacks Research downgraded Digital Turbine from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Royal Bank Of Canada assumed coverage on Digital Turbine in a research note on Thursday, October 1st. They issued an “outperform” rating and a $15.00 price target on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Digital Turbine in a report on Wednesday, September 2nd. TD Cowen reaffirmed a “hold” rating on shares of Digital Turbine in a research report on Tuesday, September 29th. Finally, Northland Securities initiated coverage on shares of Digital Turbine in a report on Thursday, October 29th. They issued an “outperform” rating and a $17.00 price objective on the stock. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $15.42.

Check Out Our Latest Stock Analysis on Digital Turbine

Digital Turbine Stock Up 8.9%

Shares of APPS stock opened at $11.30 on Friday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.20 and a current ratio of 1.20. The firm’s 50-day moving average is $10.59 and its 200-day moving average is $7.68. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of -43.46, a PEG ratio of 0.49 and a beta of 3.01. Digital Turbine has a 52-week low of $2.74 and a 52-week high of $15.34.

Digital Turbine (NASDAQ:APPS – Get Free Report) last posted its quarterly earnings results on Monday, November 9th. The software maker reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. The business had revenue of $178.68 million during the quarter, compared to analysts’ expectations of $166.75 million. Digital Turbine had a positive return on equity of 38.34% and a negative net margin of 4.46%. Sell-side analysts predict that Digital Turbine will post 0.63 EPS for the current year.

Institutional Trading of Digital Turbine

A number of institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its position in Digital Turbine by 56.1% during the first quarter. Dimensional Fund Advisors LP now owns 2,353,594 shares of the software maker’s stock worth $6,778,000 after buying an additional 846,116 shares in the last quarter. GC Wealth Management RIA LLC increased its stake in Digital Turbine by 41.9% during the 1st quarter. GC Wealth Management RIA LLC now owns 576,273 shares of the software maker’s stock worth $1,660,000 after acquiring an additional 170,134 shares during the period. Granahan Investment Management LLC raised its holdings in Digital Turbine by 12.0% in the 1st quarter. Granahan Investment Management LLC now owns 7,112,351 shares of the software maker’s stock valued at $20,484,000 after acquiring an additional 762,888 shares in the last quarter. Globeflex Capital L P acquired a new position in Digital Turbine in the 1st quarter valued at $1,227,000. Finally, Segall Bryant & Hamill LLC acquired a new position in Digital Turbine in the 1st quarter valued at $1,283,000. Institutional investors own 63.66% of the company’s stock.

Trending Headlines about Digital Turbine

Here are the key news stories impacting Digital Turbine this week:

Positive Sentiment: Fiscal Q2 revenue rose 27% year over year to $178.7 million, above analyst expectations of about $166.8 million. Adjusted EPS was $0.18, also ahead of estimates, while adjusted EBITDA increased 46% to $39.8 million. Company results
Negative Sentiment: Despite the beats, higher partner payouts squeezed margins, prompting concern about how much of the revenue growth is translating into profit. Digital Turbine reported $10.3 million in GAAP net income, while adjusted net income was $23.4 million; after-hours coverage said shares fell sharply in response to the margin concerns. After-hours reaction
Neutral Sentiment: The recent CFO appointment adds a leadership transition as investors assess execution, cash generation and the company’s debt position. CFO transition

About Digital Turbine

(Get Free Report)

Digital Turbine, Inc provides mobile technology and advertising solutions that connect app developers and advertisers with consumers through smartphones and other connected devices. Its platform supports app discovery, user acquisition, and advertising across the mobile ecosystem.

The company’s services include on-device app recommendations and installation tools, as well as advertising solutions for app publishers and brands. Digital Turbine works with mobile operators and device manufacturers to deliver these services to users.

Digital Turbine expanded its mobile advertising capabilities through acquisitions, including AdColony and Fyber in 2021.