Digital Turbine, Inc. (APPS)

In the past six months, Digital Turbine's stock experienced several notable events. The company reported Q2 2026 earnings per share (EPS) of -$0.20. Digital Turbine reported fiscal Q3 2026 financial results, with revenue of $151.4 million, representing 12% year-over-year growth, and adjusted EBITDA growth of 76% year-over-year. Ben John was appointed as Chief Technology Officer. Digital Turbine announced its participation in the 38th Annual Roth Conference. The stock price declined by 28.33% in March 2026, reaching a low of $2.870, and was down 41.8% year-to-date. Analysts have a "Moderate Buy" consensus rating with an average price target of $7.75.

Demand seasonality for Digital Turbine's products and services is influenced by trends in mobile advertising and app usage. The company experienced strong demand for its platform, particularly in the retail vertical during the holiday season. Diversifying campaigns and achieving operational efficiencies increases demand stability. However, the sequential increase in revenue in Q3 2026 was weak relative to historic seasonality, which could have been due to an extremely strong Q2.

Digital Turbine, Inc. (APPS) is a mobile technology company providing a growth platform for advertisers, publishers, wireless carriers, and device OEMs. It operates in the Technology sector, specifically in Telecommunications and Software - Application. The company's platform simplifies content delivery and app advertising across connected devices, enabling app discovery, user acquisition, and content monetization. Its major products include the Ignite Platform, On Device Solutions (ODS), App Growth Platform (AGP), AdColony and Fyber, and a Content Media Platform.

Digital Turbine is headquartered in Austin, Texas, and has a global operational presence with offices across North America, Europe, the Middle East, Africa, Asia Pacific, and Latin America. The company has expanded its reach through strategic partnerships with leading wireless carriers, device manufacturers, and advertising platforms worldwide. Its international business has been a significant driver of growth, with over 30% of its Ignite platform revenues coming from outside the United States.

Digital Turbine's brand reputation has been influenced by its financial performance, strategic initiatives in AI, and competitive landscape. Strong Q3 FY2026 results and a commitment to AI-driven innovation have been positive aspects. Continued international growth has also been a driver of positive sentiment. Challenges include talent retention and AI competition, struggles in the U.S. ODS business, and pressure from privacy changes.

Digital Turbine's ownership is a mix of institutional, retail, and individual investors. Institutional investors hold a significant majority of the shares, approximately 59.31% to 63.66% of the stock. Insiders hold approximately 4.66% to 19.55% of the stock, with Jay Wolf being the largest individual shareholder. Retail investors hold a substantial portion, estimated at around 55.94% according to some data.