Digital Turbine (APPS) Expected to Announce Earnings on Tuesday

Key Points

• Digital Turbine (NASDAQ:APPS) is set to announce its Q1 2026 earnings on August 5th, with analysts projecting earnings of $0.10 per share and revenue of $121.94 million.
• The company recently reported $0.10 EPS, exceeding estimates, and revenue of $119.15 million, compared to expectations of $116.64 million.
• Following recent activity, hedge funds own 63.66% of Digital Turbine, with significant stake increases from firms like Goldman Sachs, which boosted its position by 74.8% in the first quarter.

Digital Turbine (NASDAQ:APPS - Get Free Report) is expected to post its Q1 2026 quarterly earnings results after the market closes on Tuesday, August 5th. Analysts expect Digital Turbine to post earnings of $0.10 per share and revenue of $121.94 million for the quarter. Digital Turbine has set its FY 2026 guidance at EPS.

Digital Turbine (NASDAQ:APPS - Get Free Report) last issued its earnings results on Monday, June 16th. The software maker reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.05. The business had revenue of $119.15 million for the quarter, compared to the consensus estimate of $116.64 million. Digital Turbine had a negative net margin of 18.61% and a positive return on equity of 1.89%. During the same period in the prior year, the firm earned $0.12 EPS. On average, analysts expect Digital Turbine to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Digital Turbine Trading Down 3.1%

APPS stock traded down $0.16 during mid-day trading on Wednesday, reaching $4.99. The company had a trading volume of 2,951,993 shares, compared to its average volume of 3,525,475. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a 50 day moving average of $5.30 and a 200 day moving average of $4.03. Digital Turbine has a 12 month low of $1.18 and a 12 month high of $7.77. The company has a market capitalization of $538.72 million, a PE ratio of -5.61 and a beta of 2.57.

Institutional Trading of Digital Turbine

A number of institutional investors have recently made changes to their positions in the business. Strs Ohio acquired a new stake in shares of Digital Turbine in the 1st quarter worth $41,000. Goldman Sachs Group Inc. lifted its position in Digital Turbine by 74.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,021,687 shares of the software maker's stock worth $2,774,000 after acquiring an additional 437,310 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Digital Turbine by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 57,539 shares of the software maker's stock worth $156,000 after acquiring an additional 2,449 shares during the period. Institutional investors and hedge funds own 63.66% of the company's stock.

Analyst Ratings Changes

APPS has been the topic of a number of recent research reports. Craig Hallum increased their price objective on shares of Digital Turbine from $4.00 to $7.00 and gave the company a "buy" rating in a research note on Tuesday, June 17th. Wall Street Zen upgraded shares of Digital Turbine from a "hold" rating to a "buy" rating in a research note on Saturday, June 21st.

Digital Turbine Company Profile

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 two segments, On Device Solutions and App Growth Platform. 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 media content delivery services, and sponsored and editorial content media.