12 Best Advertising Stocks to Buy Now

5. QuinStreet, Inc. (NASDAQ:QNST)

Number of Hedge Fund Holders: 30

QuinStreet, Inc. (NASDAQ:QNST) is an advertising technology company powering online marketplaces to match searching consumers with brands in large end markets like insurance, home services, credit cards, personal loans, and banking.

Fiscal Q2 2025 marked a record revenue quarter for the company, with total revenue rising 130% year-over-year to $282.6 million. Adjusted net income reached $11.9 million, while adjusted EBITDA was $19.4 million. This growth was attributed to the continued unprecedented ramp of auto insurance client demand for the company. In addition, its non-insurance businesses also grew by double digits and maintained strong momentum.

QuinStreet, Inc. (NASDAQ:QNST) closed the December quarter with $58 million of cash and equivalents and no bank debt. Building on positive trends, it expects fiscal Q3 2025 revenue to be between $265 million and $275 million. Management believes it is getting within reach of its target 10% adjusted EBITDA margin, primarily due to media and client optimizations, favorable mix shifts as auto insurance growth rates normalize, increasing new higher-margin opportunities, and ongoing productivity improvements.