Digital Turbine, Inc.

Digital Turbine, Inc.

APPS·NASDAQ

$8.67

+1.4%
TechnologySoftware - Application

Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through three segments: On Device Media, In App Media – AdColony, and In App Media – Fyber. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising, and sponsored and editorial content media. The company also provides an end-to-end platform for brands, agencies, publishers, and application developers to deliver advertising to consumers on mobile devices; and a platform that allows mobile application developers and digital publishers to monetize their content through display, native, and video advertising. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. The company is headquartered in Austin, Texas.

At a Glance

Live Snapshot
Market Cap$1.05B
EPS-0.3300
P/E Ratio-26.27
Earnings Date06/15/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -26.3).

Valuation inputs: P/E -26.3, earnings yield N/A, momentum +1.4%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -19.6%, ROIC +5.9%).

Profitability stack: net margin -6.7%, ROE -19.6%, ROIC +5.9%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +77.2%, momentum +1.4%, net margin -6.7%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Digital Turbine, Inc. Market vs Earnings Trajectory

APPS · NASDAQ

Loading price and EPS data...

Digital Turbine, Inc.

Digital Turbine, Inc. Fair Value Envelope

APPS · NASDAQ

Our analysis suggests that APPS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $8.67, this represents a potential HIDDEN relative to our calculated worth for Digital Turbine, Inc..

Intrinsic Value
Current Price: $8.67
3Y-294.0%
5Y-189.0%
10Y-8.0%
3Y-15.0%
5Y-24.0%
10Y+517.0%
3Y-326.0%
5Y-206.0%
10Y+56.0%
3Y+46.0%
5Y-33.0%
10Y-727.0%
3Y+154.0%
5Y-79.0%
10Y-238.0%
3Y-34.0%
5Y+223.0%
10Y+682.0%
Digital Turbine, Inc.

Digital Turbine, Inc. Profit Bridge

APPS · NASDAQ
Revenue565.25M
Cost of Goods Sold (46.97M)
Gross Profit518.28M
Operating Expenses (484.24M)
Operating Income34.04M
Interest Expense (-58.58M)
Other Income/Expense-65.38M
Pretax Income-31.34M
Income Tax (6.39M)
Net Income-37.73M
Net Income
-37.73M

Profitability Analysis

Gross Margin

91.7%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

6.0%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

-6.7%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

91.69%
Gross Profit Margin
104%
3Y+91.0%
5Y+97.0%
10Y+528.0%
6.02%
Operating Profit Margin
-155%
3Y-13.0%
5Y-51.0%
10Y-125.0%
-6.68%
Net Profit Margin
-64%
3Y-367.0%
5Y-240.0%
10Y-75.0%
-19.64%
Return on Equity
-67%
3Y-813.0%
5Y-180.0%
10Y-50.0%
-4.48%
Return on Assets
-60%
3Y-441.0%
5Y-133.0%
10Y-80.0%
5.87%
Return on Invested Capital
-164%
3Y+74.0%
5Y-87.0%
10Y-121.0%
APPS

Digital Turbine, Inc. Cash Conversion Engine

APPS · NASDAQ
Net Income-37.73M
Depreciation & Amortization71.45M
Stock-Based Compensation16.36M
Change in Working Capital0.00
Others-7.62M
Capital Expenditures-30.62M
Free Cash Flow11.19M

Cash Flow Quality Analysis

FCF Conversion Rate

-29.6%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

73.2%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

+171.7%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$0.00

Neutral working capital impact. Changes in current assets and liabilities balanced out.

Cash Flow Quality Insight

Capital-intensive growth: Heavy reinvestment limits current cash available but may drive future returns. Assess whether CapEx supports compelling growth opportunities with adequate ROI.

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Digital Turbine, Inc. Funding & Solvency Profile

APPS · NASDAQ
Cash & Cash Equivalents37.96M
Net Receivables251.24M
Inventory0.00
Other Current Assets22.67M
Total Current Assets312 M
Property, Plant & Equipment56.85M
Goodwill & Intangible Assets440.50M
Long-Term Investments0.00
Other Non-Current Assets32.43M
Total Non-Current Assets89 M
Total Assets
841.65M

Financial Health Analysis

Current Ratio

1.16x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

3.38x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

44 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

37% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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Digital Turbine, Inc. Street Expectations Map

APPS · NASDAQ

Wall Street analysts project that APPS stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 32.50, with estimates ranging from a low of 10.00 to a high of 40.00.

Lowest Target
10.00
15.34%
Consensus Target
32.50
274.86%
Highest Target
40.00
361.36%

The consensus 1-year price target stands at 32.50, with estimates ranging from a low of 10.00 to a high of 40.00.

Analyst Consensus Analysis

Upside Potential

+274.9%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

92.3% spread

High uncertainty. Very wide target spread indicates significant disagreement among analysts—major valuation uncertainty or transformation underway.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuation—proceed with caution and independent analysis.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

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Digital Turbine, Inc. Insider Positioning

APPS · NASDAQ

During the last 12 months, insiders have sold $221K worth of APPS shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

578

2.35K

Net Activity

-2K

-$2K

6-9 Months

Bought

0

0.00

Sold

13.5K

86.85K

Net Activity

-87K

-$87K

9-12 Months

Bought

0

0.00

Sold

29.0K

131.32K

Net Activity

-131K

-$131K

Top Buyers

No buying activity

Top Sellers

1
KJ

Kinsell Joshua

Officer: Chief Accounting Officer

14.9K shares5 transactions

$91K

2
AM

Akkerman Michael

Officer: Chief Business Officer

19.3K shares1 transactions

$81K

3
KS

Kanagaratnam Senthilkumaran

Officer: Chief Technology Officer

6.8K shares3 transactions

$40K

4
SWGI

Stone William Gordon Iii

Director, Officer: Chief Executive Officer

2.1K shares1 transactions

$9K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $221K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

4 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

No Dividend Yield Data

APPS has not reported any dividend yield values in the available annual periods.

 

apps Dividend History

APPS
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%