Stock Analysis
Digital Turbine, Inc.APPS
Sector: Financial Services · Industry: Patent Owners & Lessors
AnalystsStrong Buy9 analystsPrice is 58% of the way from the year's low to its high.
Cash covers 12% of debt · Q3 2026.
PMP Verdict
Weak fundamentals
Risks
- Growth0
- Profitability24
Weak fundamentals — valuation is the only support.
Market context
-9.3% today· Z 1.9σ
What's happening with APPS
Profile
growth, moat, profitability, financial health and earnings quality lag behind.
How is each axis scored?
- Valuation52/100 · Moderate
- P/E vs own history (n/a)10/25
- FCF yield (1.7%)5/25
- P/S (1.9x)25/25
- EV/EBIT (23.8x)12/25
- Growth0/100 · Weak
- Revenue CAGR (-6.8%)0/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (n/a)0/25
- Profitability24/100 · Weak
- ROIC (9.7%)12/25
- ROE (-18.0%)0/25
- Net margin (-5.8%)0/25
- Operating margin (10.3%)12/25
- Financial Health30/100 · Weak
- Altman Z (0.41)3/25
- Current ratio (1.10)12/25
- Interest coverage (2.3x)10/25
- Net cash / debt (D/A 36%)5/25
- Quality46/100 · Weak
- Piotroski F (6/9)15/25
- Beneish M (-7.40)25/25
- FCF conversion (n/a)0/25
- Margin stability (σ 20.5%)6/25
- Moat20/100 · Weak
- ROIC >12% years (2/9 yrs)0/25
- Median gross margin (46.7%)20/25
- FCF-positive years (n/a)0/25
- Worst-year net margin (worst -77.2%)0/25
Risk Flags
- ⚠Altman Z 0.4 — distress-zone balance sheet
- ⚠6 loss-making years in recent history
- ⚠Interest coverage 2.3× — thin debt cushion
- ⚠Revenue shrinking 6.8%/yr
About Digital Turbine, Inc.
Digital Turbine Inc is an independent mobile growth platform that levels up the landscape for advertisers, publishers, carriers, and device original equipment manufacturers. Show more
The Company offers end-to-end products and solutions leveraging proprietary technology to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. In addition, its products and solutions provide monetization opportunities for OEMs, carriers, and application (app or apps) publishers and developers.
Headquarters: AUSTIN, TX · Employees: 620 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
52CP/E (TTM)—
Price / TTM EPS (own statements)
P/FCF52.9xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · Elevated investment — CapEx = 60% of operating cash flow, weighing on reported FCF
FCF Yield1.7%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 1.2%–5.8% · 47th pct · Elevated investment — CapEx = 60% of operating cash flow, weighing on reported FCF
P/S (TTM)1.93xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.2x–16.0x · 60th pct
EV/EBIT23.8xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 13.7x–149.9x · 30th pct
EV/Sales2.7xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E15.0xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio5.96xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio—
Finnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Elevated investment: Elevated investment — CapEx = 60% of operating cash flow, weighing on reported FCF
Profitability
24EROIC9.7%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE-18.0%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA-4.2%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin-5.8%D
Grade D: LowNet Income / Revenue
Operating Margin10.3%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin57.3%A
Grade A: PremiumGross Profit / Revenue
FCF Margin3.4%D
Grade D: LowFCF / Revenue · Elevated investment — CapEx = 60% of operating cash flow, weighing on reported FCF
True FCF Margin1.3%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · Elevated investment — CapEx = 60% of operating cash flow, weighing on reported FCF
Growth
0ERevenue CAGR-6.8%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth—
Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+22.5%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue2.1%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
30DAltman Z-Score0.41D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.10xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.18xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage2.3xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment15.3yD
Grade D: SlowYears to repay net debt via FCF · Elevated investment — CapEx = 60% of operating cash flow, weighing on reported FCF
Net Debt/EBIT5.0xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity1.80xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.12xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
46D+Piotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-7.40A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income · Elevated investment — CapEx = 60% of operating cash flow, weighing on reported FCF
Margin Stability20.5%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue5.1%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.71xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Kinsell Joshua Filed | Kinsell Joshua | Tax withholding | -6994 | |
John Benneaser Filed | John Benneaser | Grant / award | +51.1K | |
John Benneaser Filed | John Benneaser | Grant / award | +51.1K | |
Akkerman Michael Filed | Akkerman Michael | Grant / award | +76.7K | |
Akkerman Michael Filed | Akkerman Michael | Grant / award | +76.7K |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Kinsell Joshua Filed | Kinsell Joshua | Grant / award | +51.1K | |
Kinsell Joshua Filed | Kinsell Joshua | Grant / award | +51.1K | |
STONE WILLIAM GORDON III Filed | STONE WILLIAM GORDON III | Grant / award | +204.5K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
20EROIC >12% Years2/9 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)46.7%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years—
Share of completed fiscal years with positive free cash flow
Net Margin Floor-77.2%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)—
TTM net income per share (Finnhub fallback)
Cash / Share$0.36
Cash & short-term investments per share (Finnhub)
Book Value / Share$1.58
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$350.28M
Total debt obligations (short + long term)
Cash & Equiv.$40.42M
Cash and short-term investments
Net Debt$309.86M
Total Debt minus Cash. Negative = Net Cash position
Total Equity$194.60M
Shareholders' equity (book value)
Asset / Liability1.29xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$1.16B
Current Market Capitalization
Beta2.93D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Digital Turbine, Inc. (APPS)
APPS is down 9.30% at the last close. Piotroski F-Score of 6/9 indicates mixed fundamentals for Digital Turbine, Inc.. Altman Z-Score of 0.41 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -7.40 suggests a low likelihood of earnings manipulation.
- Revenue has been contracting (CAGR ≈ -7%), which weighs on the growth outlook.
- Takes ~15.3 years to repay net debt from free cash flow.
- Digital Turbine, Inc. posted a net loss in 6 of 10 available completed fiscal years (2017–2026).
See how APPS ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all APPS moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | After-hours | 10.50 | +10.29% | 2.20 |
| Sep 21 | Regular | 12.18 | +14.26% | 3.09 |
| Sep 21 | After-hours | 12.10 | +13.50% | 2.93 |
Frequently Asked Questions about APPS
What is the current Digital Turbine, Inc. (APPS) stock price?
APPS is trading at $9.56 at the last market close, down 9.30% on the session. PreMarketPrice tracks APPS pre-market, intraday and after-hours prices.
Is APPS stock a buy right now?
PreMarketPrice's quantitative model rates Digital Turbine, Inc.'s financial health at 30/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is APPS stock overvalued?
Digital Turbine, Inc. trades at a trailing P/E of n/a and our valuation score rates it 52/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Digital Turbine, Inc. report earnings?
No confirmed earnings date is currently scheduled for APPS. The Earnings section lists recent reports and updates as dates are announced.
What sector does Digital Turbine, Inc. operate in?
Digital Turbine, Inc. operates in the Financial Services sector, within the Patent Owners & Lessors industry. The Related Stocks section lists sector peers for comparison.
What does Digital Turbine, Inc. do?
Digital Turbine Inc is an independent mobile growth platform that levels up the landscape for advertisers, publishers, carriers, and device original equipment manufacturers.
About Digital Turbine, Inc. (APPS) Stock
Digital Turbine, Inc. (APPS) is a US-listed stock operating in the Financial Services sector, specifically the Patent Owners & Lessors industry. As of the latest update, Digital Turbine, Inc. is trading at $9.56, down 9.30% on the day with a market capitalization of $1.2 billion. The financial health score for APPS is 30/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for APPS stock.
APPS Stock Analysis & Key Metrics
On PreMarketPrice, you can track Digital Turbine, Inc. (APPS) across multiple dimensions:
- Pre-market price & movement: Real-time APPS stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for APPS with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Digital Turbine, Inc. across multiple reporting periods.
- Financial health score: A composite score of 30/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for APPS.
- Sector peers: Compare APPS against 4 other financial services stocks on key financial metrics.
Is APPS a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Digital Turbine, Inc. (APPS) as an investment. The financial health score of 30/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Digital Turbine, Inc. (APPS) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.

