Why Digital Turbine, Inc. (APPS) Is Soaring This Year So Far

We recently compiled a list of the 10 Micro and Small-Cap Firms Drive Year-to-Date Gains. In this article, we are going to take a look at where Digital Turbine, Inc. (NASDAQ:APPS) stands against the other micro and small-cap stocks.

Nine micro-cap companies and one small-cap firm have been the standout performers on the stock market year-to-date, having registered whopping gains between 200 to 1,200 percent since the start of the year.

The list was based on the firms’ share price data from the companies’ closing prices on December 31—the last trading day of 2024—to February 14, 2025.

We classify micro-cap companies as those with a market capitalization below $300 million, and small-cap firms as those with a market capitalization below $1 billion.

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

Digital Turbine, Inc. (NASDAQ:APPS)

Software firm Digital Turbine, Inc. (NASDAQ:APPS), saw its share prices increase by 266 percent year-to-date, ending at $6.19 apiece versus the $1.69 registered on December 31.

For this year alone, Digital Turbine, Inc. (NASDAQ:APPS) registered its highest price of $6.52 apiece on February 13, as investors continued to snap up shares following its bullish guidance for fiscal year 2025.

In its latest earnings release, Digital Turbine, Inc. (NASDAQ:APPS)—with a market capitalization of $649.99 million—raised its annual revenue guidance to settle between $485 million and $490 million, with non-GAAP adjusted EBITDA ranging from $69 million to $71 million.

In the third quarter of the fiscal period, Digital Turbine, Inc. (NASDAQ:APPS) registered a 64-percent increase in net loss to $23 million versus the $14 million reported in the same period a year earlier, as revenues dipped 5.6 percent to $134.6 million from $142.6 million year-on-year.

However, net loss for the full year narrowed by 60 percent to $73.27 million from $183.9 million in 2023, despite revenues declining by 14 percent to $371 million from $432 million.

Overall APPS ranks 6th on our list of the top micro and small-cap firms this year so far. While we acknowledge the potential of APPS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. 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 Complete List of 59 AI Companies Under $2 Billion in Market Cap.

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