Digital Turbine jumps 42% as upbeat FY27 outlook and Q4 growth reset the narrative

Digital Turbine (APPS) is up 42.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to a strong fiscal Q4 and full-year update paired with bullish fiscal 2027 guidance, which likely helped investors re-rate the stock after a multi-year reset in mobile ad-tech. Results highlighted accelerating growth in the higher-growth App Growth Platform segment and expanding profitability metrics, reinforcing a “turnaround with momentum” setup.

Details:

Digital Turbine reported fiscal Q4 2026 net revenue of $142.5 million, up 20% year over year.

App Growth Platform net revenue was $52.1 million, up 57% year over year, while On-Device Solutions net revenue was $91.0 million, up 5%.

Adjusted EBITDA for the quarter was $31.4 million, up 53% year over year, alongside non-GAAP adjusted EPS of $0.16.

For fiscal 2027, the company guided to revenue of $630 million to $650 million and adjusted EBITDA of $135 million to $145 million, which the market treated as a meaningful upside signal.

Sources:

Digital Turbine Investor Relations, PR Newswire, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$APPS Insider Trading Activity

$APPS insiders have traded $APPS stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $APPS stock by insiders over the last 6 months:

JOSHUA KINSELL (Chief Accounting Officer) sold 578 shares for an estimated $2,346

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$APPS Hedge Fund Activity

We have seen 83 institutional investors add shares of $APPS stock to their portfolio, and 124 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

AIGH CAPITAL MANAGEMENT LLC added 4,895,772 shares (+inf%) to their portfolio in Q1 2026, for an estimated $14,099,823
GOLDMAN SACHS GROUP INC added 2,118,379 shares (+319.1%) to their portfolio in Q1 2026, for an estimated $6,100,931
D. E. SHAW & CO., INC. removed 1,737,846 shares (-59.9%) from their portfolio in Q4 2025, for an estimated $8,689,230
INVESCO LTD. added 1,438,986 shares (+369.0%) to their portfolio in Q4 2025, for an estimated $7,194,930
MORGAN STANLEY removed 1,201,696 shares (-84.2%) from their portfolio in Q1 2026, for an estimated $3,460,884
DIMENSIONAL FUND ADVISORS LP added 846,116 shares (+56.1%) to their portfolio in Q1 2026, for an estimated $2,436,814
BARCLAYS PLC removed 785,788 shares (-91.4%) from their portfolio in Q1 2026, for an estimated $2,263,069

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.