Is Digital Turbine Inc. (NASDAQ:APPS) the Best Performing Stock So Far In 2025?

We recently published a list of the 11 Best Performing Stocks So Far In 2025. In this article, we are going to take a look at where Digital Turbine Inc. (NASDAQ:APPS) stands against the other best performing stocks so far in 2025.

On March 21, Jason Pride, Chief of Investment Strategy at Glenmede, and Stephen DeNichilo, Portfolio Manager at Federated Hermes, appeared on CNBC’s ‘Power Lunch’ to discuss the current market dynamics. Pride cautioned against overemphasizing the MAG7 tech stocks and noted that this market is one of the most concentrated in history, which is similar to the levels seen in 1999–2000 and the Roaring Twenties. He argued that this extreme concentration suggests that future market performance is more likely to come from areas outside these dominant stocks. Pride emphasized the importance of diversification in this environment. He advised investors to focus on the remaining stocks in the S&P 500 index beyond the MAG7. He highlighted small-cap stocks, international equities, and bonds as better opportunities for future returns. According to him, moving away from over-concentrated segments of the market is essential for achieving better long-term performance.

DeNichilo added his perspective by explaining what drives stock prices over time. He noted that for a stock to rise in value, someone must be willing to buy it at a higher price. With the MAG7 being some of the most widely owned stocks in history, he questioned who else is left to buy them. He pointed out that markets dislike uncertainty, and today’s environment is filled with it, ranging from tariffs and inflation to interest rate policies and unpredictable forecasts from big companies. This lack of clarity has created a self-imposed economic slowdown. DeNichilo shifted focus to small-cap stocks, which he described as significantly undervalued based on historical metrics. He suggested that if interest rates decline and market confidence improves over the next 6 to 12 months, small-cap stocks are likely to perform well. He argued that smaller companies often drive innovation due to their agility and ability to grow earnings faster than massive corporations like those in the MAG7.

Our Methodology

We used the Finviz stock screener to compile a list of all the best-performing stocks. We then picked the 11 stocks with the highest year-to-date gains, as of March 21. The stocks are ranked in ascending order of their year-to-date performance. We have also added the hedge fund sentiment for each stock which was sourced from Insider Monkey’s database.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Is Digital Turbine Inc. (NASDAQ:APPS) the Best Performing Stock So Far In 2025?

A row of mobile phones, highlighting the company’s mobile growth platform.

Digital Turbine Inc. (NASDAQ:APPS)

Year-to-Date Performance as of March 21: 108.28%%

Number of Hedge Fund Holders: 12

Digital Turbine Inc. (NASDAQ:APPS) provides a mobile growth platform that operates through On Device Solutions and an App Growth Platform. It connects advertisers, publishers, carriers, and device manufacturers across global markets. Its platform facilitates mobile application delivery, content distribution, and advertising monetization.

In the FQ3 2025, the company’s On-Device Solutions (ODS) segment revenue hit $92 million, which was an 11% improvement year-over-year. International ODS revenue doubled year-over-year. This segment focuses on pre-installing apps and ads on mobile devices. The company is expanding its global device partnerships. It has partnered with companies like Motorola, Nokia, and T-Mobile to increase its device footprint.

It’s also developing new On-Device capabilities, particularly in alternative app distribution, which aims to capitalize on changing regulations worldwide. Digital Turbine Inc. (NASDAQ:APPS) reported $135 million in total revenue for the quarter. The company also implemented a cost reduction program that has already saved $25 million. It’s projecting revenue of $485 to $490 million for the full FY2025.

Overall, APPS ranks 9th on our list of the best performing stocks so far in 2025. While we acknowledge the growth potential of APPS, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than APPS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires

Disclosure: None. This article is originally published at Insider Monkey.