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Jun 11, 2026 8:00 AM

Digital Turbine Resurgence: Software Maker Spins To A 114% Gain

For most of the 2020s, Digital Turbine, Inc.’s (NASDAQ:APPS) story was one of disappointment. Since the 2021 high, the shares have collapsed by more than 95%.

Weakening device sales, softer advertising demand, and execution missteps pushed it toward the penny-stock territory. Fiscal 2024 revenue fell 18%, followed by another 10% decline in fiscal 2025, reinforcing the perception that the company’s best days were behind it.

But then the second quarter of 2026 arrived. In just 12 weeks, Digital Turbine’s stock surged more than 114%, climbing to its highest level in roughly three years.

The outside observers could have said it was just yet another meme-stock squeeze of enthusiasm. Yet, the business showed tangible evidence of a turnaround, culminating in a Buy rating upgrade from the Bank of America on May 27.

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Digital Turbine Stock Soars After Q4 Double Beat, Strong FY27 Revenue Outlook

Encouraging Results

After two years of declines, Digital Turbine returned to growth in fiscal 2026. Full-year revenue rose 15% ...