APPS screens statistically cheap with rising forward estimates and a solid recent beat rate, but value-trap signals around leverage and margins, quality below the required floor, and defensive short and options positioning keep this a high-risk name.
Thesis pillars
- Steep Valuation Discount→Stable
- Value Trap Leverage Margins→Stable
- Quality Below Required Floor→Stable
- +2 more pillars — see the Why tab for full reasoning
Digital Turbine, Inc. (APPS) Stock Analysis
Range Bound setup · Catalyst-Driven edge
Technology · Software - Application
Sell if holding. Engine safety override at $10.60: Quality below floor (3.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10. Specifically: High short interest: 10%; Below-average business quality; Negative price momentum.
Digital Turbine operates two mobile segments: On Device Solutions, which pre-installs apps and content through wireless carrier and OEM partnerships, and App Growth Platform, a demand-side advertising and ad-monetization platform for app developers and brands. Revenue comes... Read more
Sell if holding. Engine safety override at $10.60: Quality below floor (3.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10. Specifically: High short interest: 10%; Below-average business quality; Negative price momentum. Chart setup: RSI 56 mid-range, Bollinger mid-band. Score 5.5/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 28d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
About Digital Turbine, Inc.
About Digital Turbine, Inc.
Digital Turbine operates two segments — On Device Solutions, which pre-loads and delivers mobile apps and content through partnerships with wireless carriers and OEMs, and App Growth Platform, which runs advertising and ad-monetization services for app developers and brands — after completing a company-wide transformation program with layoffs in November 2024 and January 2025. As of March 31, 2026, the company employed 620 full-time staff globally, with product development spending of $40.5 million for the fiscal year.
Digital Turbine's On Device Solutions business compensates wireless carriers and OEMs under revenue-share agreements for app-install and content-media placements, including programmatic ad-exchange CPM revenue, CPC-based sponsored and editorial content, and SingleTap one-touch app installs, while its App Growth Platform serves app developers, brands, and agencies through its demand-side platform and Offer Wall, paying publishers via revenue share or CPM, CPI, CPP, or CPA arrangements. For each of fiscal 2026, 2025, and 2024, no single supply partner or customer accounted for more than 10% of net revenue, though the company discloses that a significant portion of its ODS revenue depends on a limited number of wireless carriers, and both carrier/OEM and advertiser contracts are typically short-term or cancellable without penalty. The company competes against Google Play, Meta, Snap, Unity Software, AppLovin, and InMobi, some of which are simultaneously customers and rivals, and increasingly relies on third-party AI partners for the data and infrastructure behind its ad-monetization models.
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Digital Turbine's competitive position carries a frenemy dynamic: Google, Meta, Snap, and Unity Software appear in the 10-K both as advertising-platform competitors and, in some cases, as customers or partners. That overlap means a shift in how Google prioritizes Play Store distribution, or how a carrier weighs building an in-house app-delivery tool against licensing Digital Turbine's ODS platform, could shrink both its addressable market and its customer base at once. The 10-K flags that existing wireless carriers could decide to develop their own solutions rather than continue using Digital Turbine's suite of products, a risk concentrated in the same limited set of carrier relationships the ODS segment depends on for a significant share of its revenue.
See also: Technology · Software - Application
From Digital Turbine, Inc.'s most recent 10-K filing, extracted July 6, 2026.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomerwireless carriers10-K Item 1A: 'A significant portion of our ODS business is derived from a limited number of wireless carriers.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
3 floor-breakers
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Unprofitable operations — net margin -6.7%. Quality floor flags this regardless of sector context.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $10.60: Quality below floor (3.4 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10. Specifically: High short interest: 10%; Below-average business quality; Negative price momentum. Chart setup: RSI 56 mid-range, Bollinger mid-band. Prior stop was $9.77. Score 5.5/10, moderate confidence.
Take-profit target: $13.33 (+27.0% upside). Prior stop was $9.77. Stop-loss: $9.77.
Target reached (-29.2% upside); Quality below floor (3.4 < 4.0).
Digital Turbine, Inc. trades at a P/E of N/A (forward 10.5). TrendMatrix value score: 8.0/10. Verdict: Sell.
8 analysts cover APPS with a consensus score of 4.3/5. Average price target: $9.
What does Digital Turbine, Inc. do?Digital Turbine operates two mobile segments: On Device Solutions, which pre-installs apps and content through wireless...
Digital Turbine operates two mobile segments: On Device Solutions, which pre-installs apps and content through wireless carrier and OEM partnerships, and App Growth Platform, a demand-side advertising and ad-monetization platform for app developers and brands. Revenue comes mainly from carrier/OEM revenue-share deals and CPM/CPI/CPC advertising fees; no single customer or supply partner exceeded 10% of net revenue in fiscal 2026, 2025, or 2024, though a significant share of ODS revenue depends on a limited number of wireless carriers.