Why These 15 AI Stocks Are Skyrocketing So Far In 2025

11. Digital Turbine (NASDAQ:APPS)

Number of Hedge Fund Holders In Q3 2024: 19

Digital Turbine (NASDAQ:APPS) is a mobile growth platform. It has pre-installed app services and content monetization for device manufacturers and carriers. It also has products for advertisers and publishers.

The stock has gained significantly in 2025 due to its announcement of a program that aims to achieve over $25 million in annual cost savings. This includes a focus on alternative app ecosystems through its acquisition of ONE Store International.

Digital Turbine will be able to diversify its revenue and reduce its reliance on legacy products. It has also partnered up with Xiaomi.

In Q2 FY2025 (ended September 30, 2024), Digital Turbine reported $118.7 million in sales, down 17% year-over-year. It also reported a $25 million GAAP net loss, though this was an improvement over the $161.5 million loss in the same quarter the previous year. Non-GAAP adjusted net income came in at $5 million.

Adjusted EBITDA was $15.3 million, down 45% year-over-year but up 6% sequentially. It had a cash balance of $32 million as of the quarter’s end.

The consensus price target of $2.38 implies 5.4% downside risk.

APPS stock is up 42.6% year-over-year.