Digital Turbine (APPS)
Connects app discovery, advertising, and monetization through carrier, OEM, and publisher channels.
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Sells on-device app and content discovery plus mobile advertising and publisher monetization tools. The model runs through two segments, On Device Solutions and App Growth Platform, and depends on carrier/OEM distribution, publisher supply, advertiser demand, app-developer participation, and mobile advertising conditions.
Operates a mobile growth platform built around On Device Solutions and App Growth Platform. ODS delivers app and content discovery through wireless-carrier and OEM relationships, native device surfaces, SingleTap, and DT DSP; AGP serves advertiser campaigns and publisher monetization through DT Marketplace, DT Offer Wall, and programmatic ad tools.
The business is global rather than a single consumer app. Employees and commercial activity span North America, Europe and the Middle East, Asia Pacific, and Latin America, with recent momentum tied to Asia Pacific, China, and international device volumes.
Execution rests on integrating acquired adtech assets into a unified marketplace while extending alternative app-market distribution with ONE Store. The model depends on carrier/OEM access, publisher inventory, advertiser budgets, app-developer demand, and mobile advertising conditions.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 6, 2026 | Roth Capital | Reiterate | Rating: —Target: $11.50 | Target: $17.50 |
| Aug 5, 2026 | Craig-Hallum | Reiterate | Rating: —Target: $10 | Target: $18 |
| Jul 21, 2026 | Benchmark | Initiate | Rating: — | |
| Jul 21, 2026 | Roth Capital | Initiate | Rating: —Target: $40 | Target: $11.50 |
| May 27, 2026 | B of A Securities | Upgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $43.2M · Total debt $352.9M · Total assets $843.5M · Shareholders' equity $190.6M
- Revenue
- $166.0M
- Operating income
- $23.1M
- Net income
- −$3.2M
No dividends on record.
| Institutions | 65.22% | 78.93M shares | |
|---|---|---|---|
| 229 holders · as of Jun 30, 2026 | |||
| Insiders | 5.21% | 6.30M shares | |
| 14 holders · as of Sep 4, 2026 | |||
| Other | 29.57% | 35.79M shares | |
| remainder | |||
121.02M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 7.73% | 9.35M | as of Jun 30, 2026 |
Aigh Capital Management LLCInstitution | 5.41% | 6.55M | as of Jun 30, 2026 |
D. E. Shaw & Co., Inc.Institution | 4.19% | 5.07M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.12% | 4.98M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 3.57% | 4.32M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Feb 23, 2026 | Joshua Kinsell | officer: Chief Accounting Officer | −578 | $4.06 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Digital Turbine | $11.64 | −3.40% | $1.46B | — | 15.3 | 2.4 | +26.8% |
| Alphabet Class A | $361.62 | +1.87% | $4.30T | 17.8 | 26.9 | 9.6 | +24.2% |
| AppLovin | $327.45 | −0.82% | $110.92B | 25.4 | 18.1 | 16.2 | +52.8% |
| Unity Software | $43.32 | +0.25% | $18.86B | — | 50.1 | 9.3 | +23.9% |
| Meta | $750.68 | +1.27% | $1.89T | 27.9 | 24.6 | 8.3 | +28.0% |
| The Trade Desk | $13.35 | −3.80% | $6.53B | 16.3 | 110.5 | 2.2 | +3.0% |
| Magnite | $24.79 | −2.05% | $3.62B | 23.0 | 21.2 | 4.9 | +9.4% |
| Snap | $5.76 | +1.05% | $9.62B | — | 59.8 | 1.5 | +18.9% |
| Median | 23.0 | 26.9 | 8.3 | +23.9% |