Growth ExpectationsSignificant growth acceleration is needed to justify a re-rating of the stock.
Valuation ComparisonAt 10x FY26E EBITDA, APPS’ current valuation appears uncompelling when compared to many adtech peers with faster expected growth, stronger competitive position, and higher profitability, yet trading at similar or lower valuations.
Valuation ConcernsThe current valuation of Digital Turbine appears unattractive compared to peers with faster growth and higher profitability.