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Digital Turbine, Inc. (APPS)

Technology | Software - Application | Austin, United States | NasdaqCM
11.09 USD -0.35 (-3.059%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 11.02 -0.07 (-0.070%) ⇩ (Aug. 28, 2026, 7:36 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:53 a.m. EDT

Digital Turbine presents a classic case of a speculative shell game masquerading as a turnaround story. While the company boasts impressive top-line growth of nearly 27%, the bottom line remains in the red with negative earnings and a return on equity of -20%. This disconnect explains why the stock trades at a premium to book value despite having no free cash flow generation relative to its debt load. The recent price action is a textbook 'dead cat bounce'; after a brutal multi-year decline, the stock has rallied roughly 30% in the last few months, yet it still sits well below its 2021 highs. The options market confirms this sentiment: traders are buying cheap, far-out calls hoping for a miracle, while ignoring the fact that the company has been unprofitable for years. With no dividend to provide a floor and a balance sheet weighed down by debt, the only catalyst left is a massive, unproven strategic deal. Until the company demonstrates consistent profitability alongside its revenue growth, this remains a high-risk speculative vehicle unsuitable for a core portfolio.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.367557
AutoARIMA0.637147
AutoETS2.053854
MSTL2.195204

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 24%
H-stat 19.42
Ljung-Box p 0.000
Jarque-Bera p 0.104
Excess Kurtosis -1.30
Attribute Value
Sector Technology
Debt to Equity Ratio 186.834
Revenue per Share 5.156
Market Cap 1,342,070,272
Forward P/E 11.67
Beta 2.84
Profit Margins -5.82%
Website https://www.digitalturbine.com

As of Aug. 22, 2026, 4:53 a.m. EDT: Speculators are positioning for a volatile rebound rather than a steady grind higher. Call volume is heavily skewed toward out-of-the-money strikes (70%+ OTM interest), suggesting bets on a sharp spike above current levels, while put writers are accumulating significant protection at lower strikes. The massive implied volatility spikes at deep out-of-the-money strikes indicate a fear of a gap-up event or a 'lottery ticket' mentality among retail traders, despite the underlying business showing no signs of recovery in profitability.


Info Dump

Attribute Value
52 Week Change 1.7566266
Address1 110 San Antonio Street
Address2 Suite 160
All Time High 102.56
All Time Low 0.56
Ask 14.27
Ask Size 2
Audit Risk 5
Average Daily Volume10 Day 2,421,800
Average Daily Volume3 Month 4,900,691
Average Volume 4,900,691
Average Volume10Days 2,421,800
Beta 2.843
Bid 8.3
Bid Size 2
Board Risk 3
Book Value 1.575
City Austin
Compensation As Of Epoch Date 1,798,675,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.09
Current Ratio 1.205
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 11.71
Day Low 11.02
Debt To Equity 186.834
Display Name Digital Turbine
Earnings Call Timestamp End 1,785,875,400
Earnings Call Timestamp Start 1,785,875,400
Earnings Timestamp 1,785,873,600
Earnings Timestamp End 1,793,736,000
Earnings Timestamp Start 1,793,736,000
Ebitda 127,310,000
Ebitda Margins 0.21207
Enterprise To Ebitda 13.335
Enterprise To Revenue 2.828
Enterprise Value 1,697,685,888
Eps Current Year 0.725
Eps Forward 0.95
Eps Trailing Twelve Months -0.28
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.5874
Fifty Day Average Change 0.5025997
Fifty Day Average Change Percent 0.047471493
Fifty Two Week Change Percent 175.66266
Fifty Two Week High 15.34
Fifty Two Week High Change -4.25
Fifty Two Week High Change Percent -0.27705345
Fifty Two Week Low 2.74
Fifty Two Week Low Change 8.35
Fifty Two Week Low Change Percent 3.0474453
Fifty Two Week Range 2.74 - 15.34
Financial Currency USD
First Trade Date Milliseconds 1,152,192,600,000
Float Shares 109,455,568
Forward Eps 0.95
Forward P E 11.673684
Free Cashflow 28,919,250
Full Exchange Name NasdaqCM
Full Time Employees 620
Fullday Change -0.349999
Fullday Change Percent -3.05944
Fullday Price 11.02
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.49080002
Gross Profits 294,628,992
Has Pre Post Market Data 1
Held Percent Insiders 0.049000002
Held Percent Institutions 0.70654
Implied Shares Outstanding 121,016,250
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Ir Website http://www.mandalaydigital.com/investors
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,774,915,200
Last Split Date 1,365,984,000
Last Split Factor 1:5
Long Business Summary Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). It operates through two segments, On Device Solutions and App Growth Platform. The company's application media platform delivers apps to end users through partnerships with wireless carriers and OEMs; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising partner and media content delivery services, and sponsored and editorial content media. It also provides direct campaign management products, such as the DT DSP and DT Offer Wall; ad monetization solutions that allow mobile app publishers and developers to monetize their monthly active users via display, native, and video advertising; brands and agencies, which run mobile brand-awareness campaigns on the direct mobile app inventory; and app developers and other performance-focused advertisers that execute mobile user acquisition campaigns for their apps and products. Its products and solutions are used in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. The company operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. Digital Turbine, Inc. is headquartered in Austin, Texas.
Long Name Digital Turbine, Inc.
Market us_market
Market Cap 1,342,070,272
Market State CLOSED
Max Age 86,400
Message Board Id finmb_29032475
Most Recent Quarter 1,782,777,600
Net Income To Common -34,957,000
Next Fiscal Year End 1,806,451,200
Non Diluted Market Cap 1,384,425,900
Number Of Analyst Opinions 3
Open 11.29
Operating Cashflow 50,876,000
Operating Margins 0.13894
Overall Risk 4
Payout Ratio 0.0
Peg Ratio 0.69
Phone 512 387 7717
Post Market Change -0.069999695
Post Market Change Percent -0.6311965
Post Market Price 11.02
Post Market Time 1,787,960,170
Previous Close 11.44
Price Eps Current Year 15.296552
Price Hint 2
Price To Book 7.04127
Price To Sales Trailing12 Months 2.2356362
Profit Margins -0.058229998
Quick Ratio 1.118
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.349999
Regular Market Change Percent -3.05944
Regular Market Day High 11.71
Regular Market Day Low 11.02
Regular Market Day Range 11.02 - 11.71
Regular Market Open 11.29
Regular Market Previous Close 11.44
Regular Market Price 11.09
Regular Market Time 1,787,947,201
Regular Market Volume 2,688,671
Return On Assets 0.04693
Return On Equity -0.2039
Revenue Growth 0.268
Revenue Per Share 5.156
Sand P52 Week Change 0.20504117
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 3
Shares Outstanding 121,016,250
Shares Percent Shares Out 0.0858
Shares Short 10,379,167
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 10,676,525
Short Name Digital Turbine, Inc.
Short Percent Of Float 0.0888
Short Ratio 2.63
Source Interval 15
State TX
Symbol APPS
Target High Price 18.0
Target Low Price 16.0
Target Mean Price 17.16667
Target Median Price 17.5
Total Cash 42,930,000
Total Cash Per Share 0.355
Total Debt 356,089,984
Total Revenue 600,307,968
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.28
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.24575
Two Hundred Day Average Change 4.84425
Two Hundred Day Average Change Percent 0.77560747
Type Disp Equity
Volume 2,688,671
Website https://www.digitalturbine.com
Zip 78,701